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Indore Bank Strike Halts ₹2.57 Lakh Crore Worth Of Transactions
Bank employees across India went on strike for one day.
They wanted action on a proposed five-day work week and other unresolved demands.
In Indore, about 650 bank branches stopped regular work.
This affected transactions worth more than ₹2.57 lakh crore.
Around 4,000 employees joined the strike across Madhya Pradesh.
Statewide, about 7,000 of 8,700 branches were affected.
More than 800,000 employees took part across the country.
Workers held rallies, demonstrations, and meetings to show their support.
Banking operations worth over ₹2.57 lakh crore were affected in Indore district.
Work stopped at approximately 650 of the district’s 848 bank branches.
About 4,000 employees joined the strike across Madhya Pradesh, affecting business worth roughly ₹15 lakh crore statewide.
More than 800,000 bank employees nationwide participated in the one-day strike.
Employees cited delays in approving a five-day work week and unresolved demands as reasons for striking.
- Who
- More than 800,000 bank employees nationwide, including about 4,000 employees in Madhya Pradesh, participated in the strike.
- What
- Employees held a one-day strike that halted banking operations and protested delayed and unresolved demands.
- Where
- The strike affected public sector, organised private, cooperative, and regional rural banks across India, including approximately 650 branches in Indore district.
- When
- The strike took place on Friday and was described as a one-day nationwide strike.
- Why
- Bank employees cited a two-and-a-half-year delay in approving a five-day work week agreement and the failure to resolve pending demands.
Key facts
- Indore branches affected
- Approximately 650 of 848 branches
- Indore transaction impact
- More than ₹2.57 lakh crore
- Madhya Pradesh participation
- Around 4,000 bank employees
- Madhya Pradesh branches affected
- About 7,000 of 8,700 branches
- Madhya Pradesh business impact
- Approximately ₹15 lakh crore
- Nationwide participation
- More than 800,000 bank employees
- Banks affected nationwide
- 12 public sector banks, 13 organised private sector banks, cooperative banks, and regional rural banks
Sources
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