Bank strike halts work at 7,000 branches in MP, affects business worth Rs 5,500 crore: Association
- On Friday, September 11, 2026, the United Forum of Bank Unions called a nationwide strike, halting operations at approximately 7,000 branches in Madhya Pradesh and impacting daily business worth Rs 5,500 crore.
- Unions are demanding immediate implementation of a five-day work week, a key demand reportedly agreed upon during the Bipartite Settlement but awaiting government notification, alongside improved pension benefits and uniform dearness allowance.
- Madhya Pradesh Bank Employees Association chairman Mohankrishna Shukla told PTI that around 42,000 employees and officers from 12 public sector banks, regional rural banks, and cooperative banks joined the strike across the state.
- Several banking services including cash deposits, withdrawals, and cheque clearances were disrupted at most public sector banks, though digital platforms like UPI and internet banking remained operational for customers.
- Representing 90 per cent of officer and employee strength, the UFBU organized the nationwide strike to resolve pending wage issues, while private sector banks remained unaffected by the walkout.
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18 Articles
'This strike is forced on us': Bank services hit as unions demand 5-day workweek
Banking services at public sector banks were hit on Friday as the UFBU observed a nationwide strike demanding a five-day workweek and resolution of pending issues. Branch services were affected, while UPI and internet banking remained functional.
Bank strike halts work at 7,000 branches in MP, affects business worth Rs 5,500 crore: Association
Bank operations halted across Madhya Pradesh due to a nationwide strike. Approximately 7,000 branches were affected, impacting daily business worth Rs 5,500 crore. Employees demanded a five-day work week and improved pension benefits. Other demands included uniform dearness allowance and NPS option. This strike disrupted cash, cheque, and treasury-related financial activities.
Banking Services: Banking services have been suspended across the country. Banking employees are protesting demanding implementation of a 5-day working week. Branch operations, cash deposits, withdrawals, and cheque clearances have been suspended. Cheques worth around Rs 4 lakh crore are pending for clearance.
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