India's largest bank, the State Bank of India (SBI), has issued a strike warning. SBI has announced a nationwide bank strike on February 12, 2026. It has warned customers that banking services may be affected to some extent. Furthermore, IDBI Bank has also received a formal strike notice from bank unions. Read on for all the major updates related to this strike.
Who has called this strike?
According to media reports, major bank unions across the country have called a strike, which could disrupt banking services on February 12th. This is sure to raise concerns among customers. However, neither banks nor the Reserve Bank of India have declared a bank holiday on February 12th, suggesting that branches are expected to remain open, but services may be disrupted.
Bank of Baroda also informed
Bank of Baroda has also informed the stock exchange about the potential impact of the strike. In a filing with the BSE, the bank stated that it was taking steps to ensure the smooth functioning of operations. However, it warned that if the strike proceeds as planned, branch and office operations could be affected.
Which unions are participating in the strike?
Major bank unions, including the All India Bank Employees Association (AIBEA), the All India Bank Officers' Association (AIBOA), and the Bank Employees Federation of India (BEFI), have appealed to their members to participate in the strike.
In addition, 10 central trade unions are also expected to join the protest.
What are the bank employees' demands?
The strike aims to protest four new labor codes notified by the government in November, which will amend 29 existing labor laws. According to bank unions, the proposed codes will weaken employees' rights and make it difficult to register trade unions. Their list also includes long-standing demands such as improved work-life balance and a five-day work week.
Disclaimer: This content has been sourced and edited from Dainik Jagran. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.