IDBI Bank Faces July 9 Strike Notice Amid Employee Grievances and Policy Discontent

Image Source: Business Today

IDBI Bank Ltd has received an official strike notice from its employee unions, scheduled for July 9, 2025. The notice, submitted under the Industrial Disputes Act, reflects growing unrest over unresolved demands and policy concerns, particularly in the context of privatization and workforce restructuring.

Key highlights of the strike notice

The strike call has been issued by the All India IDBI Officers Association and the United Forum of IDBI Officers and Employees
Core grievances include lack of clarity on job security postprivatization, stagnation in career progression, and delays in wage revision
Employees are also protesting the dilution of service conditions and the absence of a formal dialogue mechanism with management

Strategic context and union demands

The unions have demanded a written assurance from the government and LIC (major stakeholders) regarding protection of existing employment terms
They are seeking immediate implementation of the 11th Bipartite Settlement and 8th Joint Note for officers, which has been pending since 2020
The strike is intended as a oneday nationwide protest, with potential escalation if demands remain unaddressed

Operational impact and contingency planning

IDBI Bank has issued advisories to customers regarding possible service disruptions on July 9, including limited branch operations and ATM downtime
Digital banking services are expected to remain functional, though transaction volumes may be affected
The bank is working on deploying backup staff and rescheduling critical operations to minimize customer inconvenience

Sources: Business Standard, All India Bank Employees Association, IDBI Bank official website.