📷 Image: Wikimedia Commons / Yann Forget
Business
Madhya Pradesh Banks to Shut for 9 Days in September as 40,000 Employees Strike
✍️ Bhaskar English
🗓 09 Sep 2026, 09:19 PM
👁 19
Madhya Pradesh banks will be closed for nine days in September after a strike by 40,000 employees, affecting around 7,000 branches and halting deposit services.
Madhya Pradesh banks will remain closed from 1 to 9 September following a strike by 40,000 employees, according to a statement released by the state banking authorities. The walk‑out is expected to affect roughly 7,000 bank branches across the state, disrupting routine banking operations for customers.
The strike, led by the state bank staff union, demands better wages and improved working conditions. Employees have halted all services, including cash withdrawals, deposits and loan processing, citing long‑standing grievances.
Customers in affected areas will have to rely on digital banking or alternative financial services, as physical branches will be inaccessible. The closure is likely to impact small businesses and daily wage workers who depend on cash transactions.
Bank officials have said they are in talks with union leaders to resolve the dispute and restore services as soon as possible. The state government has urged both parties to reach a settlement before the end of the month.
The strike, led by the state bank staff union, demands better wages and improved working conditions. Employees have halted all services, including cash withdrawals, deposits and loan processing, citing long‑standing grievances.
Customers in affected areas will have to rely on digital banking or alternative financial services, as physical branches will be inaccessible. The closure is likely to impact small businesses and daily wage workers who depend on cash transactions.
Bank officials have said they are in talks with union leaders to resolve the dispute and restore services as soon as possible. The state government has urged both parties to reach a settlement before the end of the month.