Strike notice received for 11 September 2026
PSB · price
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On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.4 pts more than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Punjab and Sind Bank received a strike notice from United Forum of Bank Unions (AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC) proposing an All India strike on 11 September 2026. The bank says it is taking steps for smooth functioning but branches and offices may be affected if the strike happens.
Likely one-day disruption to branch and office operations if strike takes place; temporary inconvenience for customers, minimal long-term impact.