Central Bank of India has received a strike notice from the United Forum of Bank Unions (UFBU) for industrial action on September 11, September 28-30, and a continuous strike starting October 26, 2026.

The bank disclosed the notice on September 9, 2026, pursuant to Regulation 30 and 51 of SEBI (LODR) Regulations, 2015. The UFBU comprises seven unions: AIBEA, AIBOC, BEFI, NCBE, AIBOA, INBEF, and INBOC.

Strike schedule and scope

Labor unions have announced a phased series of industrial actions targeting Central Bank of India. The planned strikes span multiple dates across two months, escalating from single-day and multi-day stoppages to an open-ended continuous strike.

The following table outlines the announced strike schedule:

Pattern of escalation

The industrial action follows a clear escalation pattern. The initial one-day strike on September 11 is followed by a three-day stoppage scheduled for September 28-30. The most significant action is the continuous strike announced to commence on October 26, which carries no defined end date based on the available information.

The announcements reflect coordinated union activity, with the continuous strike representing the most disruptive phase of the planned industrial action at Central Bank of India. The bank stated it is taking necessary steps to ensure smooth functioning of branches and offices during the strike days, should they materialize.

Central Bank of India has promoted Shri Jai Shankar Prasad to the position of General Manager in its Customer Care Department. The appointment is effective from September 1, 2026.

The bank disclosed the change in management on September 4, 2026, pursuant to Regulation 30 and Regulation 51 of the SEBI (LODR) Regulations, 2015. The promotion was formalized via an HCM office order dated September 3, 2026.

Executive Profile

Shri Prasad, aged 57, joined the bank in 1993 and brings more than 33 years of overall banking experience. He holds a Bachelor of Arts degree and is a Certified Associate of the Indian Institute of Banking and Finance (IIBF).

Throughout his career, he has served as Branch Head, Regional Head, and Zonal Head. Prior to this promotion, he held the position of Deputy General Manager in the Customer Care Department.

The bank confirmed that there are no relationships between directors requiring disclosure under the relevant regulations. The full details are available on the bank's investor relations website.