Bank Strike On Sept 11; Branches To Reopen On Monday Across Madhya Pradesh
Bhopal (Madhya Pradesh): In response to a nationwide strike call, over 7,000 branches of various banks across Madhya Pradesh, including around 500 branches in Bhopal, will remain closed on Friday over the demand for a five-day working week. Banks will remain closed for three consecutive days as the strike will be followed by the second Saturday and Sunday. Banks will reopen on Monday after the…
On Friday, over 7,000 bank branches in Madhya Pradesh, including approximately 500 in Bhopal, will be closed in response to a nationwide strike. The closure is due to a demand for a five-day working week, along with other grievances such as performance-linked incentive schemes and various pending issues including pension-related concerns, adequate recruitment, abolishing the National Pension Scheme (NPS) and implementing the Employees' Pension Scheme (OPS), and granting income tax exemption on additional bank contributions to NPS.
The banks will remain shut for three consecutive days, following the second Saturday and Sunday of the strike. They are expected to reopen on Monday after a three-day closure.
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