Bank Employees Strike January 25 2008

Federal Bank Ltd has informed BSE that The Indian Banks Association has vide their letter dated January 07, 2008 informed that the convener of the United Forum of Bank Unions, which is constituent unit of five unions

• AIBEA
• NCBE
• BEFI
• INBEF
• NOBW

and four Officers' Associations

• AIBOC
• AIBOA
• INBOC
• NOBO
  

has served a notice of strike dated January 03, 2008 stating that all the workmen employees and officers' staff in the public sector and private sector will be observing a day's total strike on January 25, 2008 throughout the country on certain demands.

If the strike materializes, a section of the Bank's employees may take part in the proposed strike on the said date.