SBI employees plan two-day nationwide strike over wage issues
after close1 source ↓written by the desknot a recommendation
- due to unresolved
- 25-26 May 2023
- related to staffing
- 16 demands
- notice submitted
- 2 May 2023
- if coinciding
- 27 May
Employees of State Bank of India (SBI) will initiate a two-day nationwide strike on 25-26 May 2023 due to unresolved staffing and wage concerns. The All India State Bank of India Staff Federation has raised 16 demands related to staffing shortages and wage disparities. This strike could impact SBI's operations and investor sentiment in the banking sector.
• Strike notice submitted on 2 May 2023
• Potential extension to 27 May if coinciding with holidays
• Key issues include inadequate staffing and governance concerns.
Not investment advice. For informational purposes only.