From now onwards there will be 2 days holiday in the bank. Along with this, the working time can also change. A meeting is being held on this today, in which a decision will be taken. This meeting is being organized by the Indian Banking Association (IBA).

What can be the verdict?

IBA can give great news to the bank employees. According to media reports, changes can be made in the weekly off of bank employees. At this time, those working in the bank get only Sundays off. Apart from this, there is a holiday on the second and fourth Saturdays as well, but in the meeting to be held today, a decision can be taken on working 5 days a week.

Working hours will increase

According to reports, United Forum of Bank Employees and Indian Banks Association (IBA) have given their consent on Two Day’s Weekly Off. If the 5-day working proposal comes into force, the daily working hours of all employees will be increased by 40 minutes.

Will get holiday every Saturday

After the meeting of United Forum of Bank Employees and Indian Banks Association (IBA), bank employees will get 2 days off every week. That is, on the first and third Saturday also the employees will get leave.

While giving

the information, IBA had said that the holidays of the bank employees are being actively considered and it may be that there will be no more delay in implementing this new system. However, a decision in this regard is yet to come.

What is the rule now?

If we talk about the current rules, then at this time there is a holiday in banks on the second and fourth Saturdays. Apart from this, the employees have to work on the third and first Saturdays. At present, the employees are demanding 2 days weekly leave, due to which this decision has been taken.

5 days work being done in LIC

Let us tell you that 5 days working day system has been implemented in LIC. If we talk about the list of holidays in the month of August, then next month there will be 14 days holidays in banks, but during this time you can take advantage of online banking facilities.

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According to this, the facility of five day week may be implemented soon for the bank employees. An agreement has been reached between the Indian Banks Association (IBA) and the United Forum of Bank Employees regarding this. But due to the increase of two holidays in a month, the working hours of the bank employees will be increased.

Will have to work 40 minutes more daily

According to the new agreement, bank employees will have to work 40 minutes more daily. Let us tell you that apart from Sunday, banks have a holiday on the second and fourth Saturdays of the month. But now in the coming time, banks will remain closed on every Saturday and Sunday. A new arrangement may start soon regarding this. Consent has been given by the association in this regard. Bank unions have been demanding five days working for a long time.

Five day week happened in LIC last year

Five day week was done in LIC before the listing in the stock market in the year 2022. After this, the demand for five day week from the bank unions intensified. S Nagarajan, General Secretary of All India Bank Officers, said that the government will have to declare all Saturdays as holidays under Section 25 of the Negotiable Instruments Act.

According to the report, the employees will need to work 40 minutes more daily from 9.45 am to 5.30 pm. A senior official also told that this proposal has been agreed to by the IBA. Bank employees say that most of the customers are using mobile banking, ATM and internet banking facilities. But still it is with some customers that they prefer to visit the branch.

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