PSBNSEPunjab & Sind Bank· BanksMediumNegative
Announced Thu, 7 May · 20:34 IST

Punjab & Sind Bank has informed the Exchange about strikes/lockouts/disturbances

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PSB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.2%1-day move
₹25.98
prior close
₹26.19
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-1.4-1.0-2.0-4.2-8.1-7.7-7.2-8.9-9.4-8.9-11.1-7.0
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AI summary

Punjab & Sind Bank has disclosed receipt of a strike notice from the All India PSB Officers Union, proposing an All India Strike on May 8, 2026. The union is affiliated to AIBOC and AIBOCF. The bank stated it is taking necessary steps to ensure smooth functioning of branches and offices during the proposed strike date. However, if the strike materializes, the functioning of the bank's branches and offices across India may be affected. The disclosure is made under SEBI (LODR) Regulations, 2015.

Likely market impact

A successful strike could temporarily disrupt banking operations and services across Punjab & Sind Bank's branch network, potentially impacting customer transactions and business continuity in the short term.