Bank unions call strike - branch operations may be affected

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Price reactionminutes from the announcement price · days from the prior close

-0.5%Reaction day

₹124.60

prior close

₹124.00

announcement price

After-mkt

timing

Nifty 100market-0.4%-0.1% vs market

Public Sector Bank peers, median of 11sector-0.1%-0.4% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty 100 and 0.4 pts less than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-0.6

15m

-0.7

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5-0.4-0.1-0.1-0.4

Next day

-1.8-1.8+0.0-2.1+0.3

-1.1-1.5+0.3-1.6+0.4

-1.1-1.1-0.0-1.7+0.6

-0.9-0.6-0.3-1.4+0.6

-0.8-0.3-0.5-1.5+0.7

+1.1-0.1+1.2-0.4+1.5

15d

-5.4-3.1-2.4-4.6-0.9

-5.0-4.9-0.1-4.4-0.6

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UpDownMarket · Nifty 100Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

United Forum of Bank Unions, a combine of seven unions including AIBEA and AIBOC, has called strikes on September 11, September 28 to 30, and a continuous strike from October 26, 2026. The bank says it is taking steps for smooth functioning but warns that operations at branches and offices may be affected if the strike takes place.

Likely market impact

Possible short-term disruption at branches; limited direct impact on long-term shareholder value.