Bank of Baroda has formally notified stock exchanges about a potential strike by banking unions scheduled for February 12, 2026. The notification, issued on February 09, 2026, under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, alerts investors and stakeholders about possible disruptions to banking operations.

Strike Notice Details

Three major banking unions have served notice for the strike action:

The unions have called for the strike on Thursday, February 12, 2026, citing various issues and demands. The specific details of these demands were not disclosed in the regulatory filing.

Operational Impact Assessment

Bank of Baroda has acknowledged the potential impact on its operations. The bank stated that while it is taking all necessary steps to ensure smooth functioning of branches and offices during the strike day, operations may still be affected if the strike materializes.

The bank's proactive approach includes contingency planning to minimize disruption to customer services. However, customers may experience delays or limited services at branches and offices on the strike date.

Regulatory Compliance

The notification was sent to both major stock exchanges:

Company Secretary S Balakumar signed the regulatory filing, ensuring compliance with SEBI Regulation 30 requirements for material event disclosure. The exchanges have been requested to upload this information on their websites for public access.

Market Implications

This strike notice represents a potential operational challenge for one of India's leading public sector banks. While the bank has assured stakeholders of its preparedness, any disruption to banking services could temporarily impact customer transactions and business operations on the strike date.

Bank of Baroda has received regulatory approval from the Reserve Bank of India to establish a wholly-owned subsidiary for conducting standalone primary dealer business. The bank has formally disclosed this development under Regulation 30 of the SEBI (LODR) Regulations, 2015, marking a significant step in its strategy to expand treasury and government securities operations.

Regulatory Approval and Compliance

The RBI has granted permission for the establishment of this specialized subsidiary, which will operate as an independent primary dealer entity. The approval comes with specific regulatory framework requirements and conditions that the bank must adhere to for successful implementation. The bank has made this disclosure in continuation to its earlier intimation dated January 9, 2026.

Capital Infusion Structure

Bank of Baroda has committed to infuse capital of up to ₹2000 crores into the new subsidiary. This substantial capital commitment demonstrates the bank's confidence in the primary dealer business segment and its potential for growth. The capital infusion will be executed subject to specified conditions as mandated by the regulatory framework.

Strategic Business Implications

The establishment of a dedicated primary dealer subsidiary will enable Bank of Baroda to participate more actively in government securities markets. Primary dealers play a crucial role in the government securities market by underwriting government debt issuances and providing liquidity in secondary market trading.

This move positions the bank to leverage opportunities in the government securities segment while maintaining operational focus through a specialized entity. The subsidiary structure will allow for dedicated resources and expertise development in primary dealer operations, enhancing the bank's overall treasury capabilities.