Massive Protest by Bank Mitras! Black Band Strike on Feb 7 Over Alleged Exploitation by NICT

Bank Mitras across Madhya Pradesh and the entire country have announced a peaceful protest on Saturday, February 7, 2026. This move comes as a response to the alleged exploitation, unjust policies, and increasing workload imposed by NICT, a service provider company. The protest aims to draw the attention of the Central Government, the Reserve Bank of India (RBI), and bank managements toward the plight of these essential workers.

Working with Black Armbands: The Madhya Pradesh Bank Mitra Association stated in Bhopal that all agents would perform their duties while wearing black armbands. Crucially, the organization has clarified that there will be no work boycott. Banking services for customers will continue as usual, ensuring that the protest remains disciplined and peaceful while making its point through banners and posters.

Core Issues and Demands: According to the association’s officials, NICT has been ignoring their legitimate demands for a long time. Despite a multi-fold increase in workload, there has been no significant raise in remuneration. The key demands include:

  • A fair increase in remuneration and timely monthly payments.
  • Adequate security and comprehensive insurance coverage.
  • Dignified working conditions and mental health support.
  • Immediate withdrawal of unfair policies implemented by NICT.

The Backbone of Rural Banking: Nearly 15 lakh Bank Mitras (BC Agents) are currently working across India, acting as the bridge between banks and residents in remote areas. They play a vital role in implementing schemes like Jan Dhan accounts, direct benefit transfers (DBT), and Mudra loans. However, their monthly income often stagnates between ₹8,000 and ₹15,000, which is disproportionate to their high-stakes responsibilities.

The Road Ahead: The state coordinator of the association emphasized that the protest is a fight for rights and dignity. While the February 7 protest is peaceful, the organization has warned of more intense actions, such as “Rail Roko” (blocking trains), if their grievances remain unaddressed. The Bank Mitra community is now looking toward the RBI and the government for immediate intervention to resolve the crisis with NICT.

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