Punjab & Sind Bank has informed that All India Bank Officers Confederation (AIBOC) has given a notice to IBA calling for All India Bank Strike on December 11, 2015. If the strike materializes, a certain section of the Banks employees may participate in strike on the said date, in which case, it is likely that the normal functioning of the branches / offices of the Bank may get affected. The Bank is taking all necessary steps in terms of the existing guidelines to deal with the strike and for smooth functioning of Bank’s branches / offices.
The above information is a part of company’s filings submitted to BSE.