Banks in India may remain open only 5 days a week, decision to be taken on 28 July: Report - News Summed Up

Banks in India may remain open only 5 days a week, decision to be taken on 28 July: Report


Banks in India are likely to be open only five days a week, with proposed two day weekly offs, a decision will be made on this on 28 July. We asked the IBA to expedite the same so that five banking days per week is introduced without further delay," it said. Now banks are open on two Saturdays a month- the first and third Saturday banks are open in India. The UBFU has sought that working days for banks remain five days a week only, also that employees get 2 days weekly off. According to the proposal, daily working time for bank employees will be increased by 40 minutes, the CNBC report stated.


Source: Mint July 21, 2023 20:55 UTC



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