SBI Strike Alert 4-Day Banking Shutdown Looms as Union Calls for 2-Day Protest

The employees’ union of the country’s largest banking institution, State Bank of India, has called for a two-day nationwide strike. As a result, bank branches across the country will remain closed for four consecutive days. The All India State Bank of India Staff Federation has announced this strike for May 25 and 26.
Because May 23 is the fourth Saturday and May 24 is a Sunday, bank branches will be closed for a total of four days starting from Saturday. This strike is expected to cause significant disruption to banking services.
The union has raised several long-standing issues that remain unresolved, including: Improvement of service conditions. Issues regarding recruitment and staffing levels. Matters related to wage revision and pension benefits.
The Federation stated that they were forced to plan this strike because their grievances have not been adequately addressed by the management. In a letter sent to the SBI Chairman on May 2, the Federation highlighted that the strike is being called in accordance with the provisions of the Industrial Disputes Act, 1947. They further noted that if a resolution is not reached soon, the protest schedule could be extended until May 27.