Indore, February 10, 2026
Several major banking and insurance sector unions have announced a nationwide strike on February 12, 2026, protesting against what they describe as anti-worker and anti-public policies of the central government. The strike has been jointly called by leading banking unions including the All India Bank Employees Association (AIBEA), All India Bank Officers Association (AIBOA), and Bank Employees Federation of India (BEFI).
Central trade unions have also extended support to the strike, citing similar concerns over labor reforms and financial sector decisions.
Insurance and Other Sector Unions Join the Strike
The protest will not be limited to banks alone. Employees from insurance institutions such as Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) are also expected to participate, significantly impacting financial services across the country.
Banking sector unions across states have formally backed the strike call, making it a broad-based labor action.
Protest Programs Announced in Indore
As part of the strike preparations, unions have announced the following programs in Indore:
📌 Protest Demonstration
Date: February 11, 2026
Time: 5:15 PM
Venue: Punjab National Bank, SGITA Branch, Indore
📌 Mass Public Meeting (Strike Day)
Date: February 12, 2026
Time: 10:00 AM
Venue: Abhinav Kala Samaj, Gandhi Hall, Indore
Key Issues Behind the Nationwide Strike
Union leaders stated that the strike is being organized in response to multiple policy decisions affecting workers and the general public, including:
Implementation of four labor codes, which unions claim weaken the right to unionize, collective bargaining, and the right to strike
Privatization of public sector banks and insurance companies
Severe staff shortages and increased outsourcing
Discontinuation of the Old Pension Scheme
Rising banking service charges impacting common citizens
According to union representatives, these issues threaten not only employee rights but also financial stability and public access to essential services.
Union Leaders Call for Mass Participation
Mohan Krishna Shukla, Chairman of the Madhya Pradesh Bank Employees Association, and Arvind Porwal, General Secretary of the MP Bank Officers Association, appealed to all bank employees and officers to ensure active participation.
They emphasized that the strike is not merely a one-day protest, but a united movement to safeguard labor rights, public sector institutions, and social justice.
