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May 16, 2025 at 05:06 AM
Punjab & Sind Bank employees' unions have *deferred their nationwide strike* scheduled for May 19, 2025, following a conciliation meeting with management on May 14. The strike was initially called to protest against the bank’s *new Transfer Policy* and lack of transparency in the *Promotion Policy*.
Key outcomes from the meeting:
- Management agreed to meet the unions within a week to discuss possible *modifications to the Transfer Policy*.
- Unions demanded greater *transparency in promotions*, including the release of interview and group discussion scores.
- Concerns were also raised over the **misuse of disciplinary actions*.
The next conciliation meeting is scheduled for *May 26, 2025*. The unions remain alert and warned that the strike may still proceed if management issues orders before further talks. Union leaders urged members to stay united and prepared.
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