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Bank 5 Day Working: Big Update! Banks to be open for only 5 days a week? Finance Ministry said this

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Banks to be open for only 5 days a week?
Banks to be open for only 5 days a week?

5 Days Working in Bank Branch: There may soon be a holiday in banks for two days a week i.e. Saturday and Sunday. Let us know in details>>>>>

According to the Union Finance Ministry in Parliament, India’s banking sector has formally proposed to declare all Saturdays as official holidays .  Responding to questions about the Indian Banks Association ( IBA) ‘s demand to implement a five-day working week, Minister of State for Finance Bhagwat Karad confirmed that the IBA had indeed proposed such an approach. Is.

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Since 2015, there is a holiday on the second and fourth Saturday.

Since 2015, banks in India have observed public holidays on the second and last fourth Saturday of every month. Bank employees have been demanding a five-day working week for a long time. Public sector bank employees have been making this demand for a long time.

Lakhs of employees are associated with the banking sector

The IBA represents banks in India, including public and private banks, foreign banks present in India, co-operative banks, regional rural banks and all India financial institutions. The banking sector provides employment to more than 1.5 million i.e. about 15 lakh persons.

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Banks will work 5 days a week

The Finance Ministry’s response did not indicate whether the proposal has been accepted or could be considered in the near future. If approved, there could be five working days in a week and the working hours of banks could increase. If this change happens then the bank employees will benefit. There will also be changes in the daily operations of the bank.

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