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Bank Strike Disrupts 7,000 Madhya Pradesh Branches
Bank workers across Madhya Pradesh stopped working for one day.
About 42,000 employees and officers took part.
They came from public sector, regional rural and cooperative banks.
Nearly 7,000 bank branches were affected.
This interrupted services such as deposits, withdrawals and cheque processing.
The disruption affected business estimated at Rs 5,500 crore.
Workers wanted banks to operate five days a week.
They also sought better pension rules and an option to return from the National Pension System to the old pension scheme.
Around 42,000 bank employees and officers joined the strike in Madhya Pradesh.
Operations stopped at nearly 7,000 of the state’s 8,707 bank branches.
The strike affected daily banking business estimated at Rs 5,500 crore.
Cash deposits, withdrawals, cheque clearance and fixed-deposit renewals were disrupted.
Employees demanded a five-day work week and changes to pension benefits.
- Who
- Around 42,000 employees and officers from 12 public sector banks, regional rural banks and cooperative banks in Madhya Pradesh.
- What
- A nationwide bank strike halted operations at nearly 7,000 Madhya Pradesh branches.
- Where
- Madhya Pradesh, India.
- When
- Friday, September 11; the year is not specified in the report.
- Why
- Employees demanded implementation of a five-day work week, improved pension benefits, uniform dearness-allowance calculations for pensioners and an option to switch from the National Pension System to the old pension scheme.
Key facts
- Affected branches
- Nearly 7,000 of Madhya Pradesh’s 8,707 bank branches
- Participating staff
- Around 42,000 employees and officers
- Estimated business impact
- Approximately Rs 5,500 crore in daily business
- Participating institutions
- 12 public sector banks, regional rural banks and cooperative banks
- Disrupted services
- Cash deposits and withdrawals, cheque clearance, fixed-deposit renewals and government treasury work
- Main demand
- Immediate implementation of a five-day work week
Sources
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