Demand for Bankers’ Protection Act grows after The Hindu report

A day after The Hindu published a report on growing assaults on bankers in Maharashtra during the implementation of the Majhi Ladki Bahin Yojana, a direct benefit transfer scheme, bankers from different parts of the country have sought the Finance Minister’s intervention to bring about a Bankers’ Protection Act.

Many employees from public sector banks wrote to express concern about the attacks and seek permanent recruitment, staff protection, and special legislation for the purpose. Legislators also took note of the report, seeking more government accountability.

The attacks on bank employees began soon after the Maharashtra government rolled out the Mukhyamantri Majhi Ladki Bahin Yojana, one of its flagship schemes, in August 2024. Under this, the government provides a monthly financial benefit of ₹1,500 to women through direct benefit transfer.

Women between 21 and 65 years, who are permanent residents of the State, and have an annual family income of less than ₹2.5 lakh,…

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