"Forty one branches in five Garo Hills districts have been closed since yesterday to protest against the kidnapping of one of its staff, Subodh Kumar," Nixon Joseph, Additional General Manager, SBI, Tura told PTI.
As a result of this closure, financial transactions in the entire region came to a standstill, he said.
West Garo Hills district with 17 bank branches was affected the most, he said.
"We are working hard trying to locate and rescue Mr Kumar and we are keenly following available leads," state Director General of Police P J P Hanaman said.
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Kumar's abduction followed the kidnapping of a branch manager of the same bank at Ampati in South West Garo Hills district who was later rescued by the security forces.
SBI staff association in the state has threatened to close down all branches in sensitive locations across the state and demanded improved security in their work place from the state government.
"Most government schemes, like the BRGF, TCS, SSA, MGNREGS, IAY will be majorly affected as all transactions are done through the banks," he had informed Finance Minister Arun Jaitley.