Banks to remain closed on 2nd, 4th Saturdays
August 20, 2015
New Delhi
Bringing cheers to lakhs of bank employees, the government has accepted the long-pending demand of workers to declare second and fourth Saturdays holidays, with effect from September 1.
“The notification regarding Saturday off has come. It is effective from September 1,” All India Bank Employees’ Association (AIBEA) General Secretary C H Venkatachalam told PTI.
At present, all PSU and private sector banks work half-day on Saturdays.
“This is a welcome move. This will be a big relief to employees and I hope that this will improve the productivity of employees,” he said.
In case of a month having five Saturdays, banks will be closed only on second and fourth Saturdays.
PTI
Recent Stories
- Diwali Food Safety Drive: AMC Seals Two Units, Fines Four Outlets ₹40,000
- HDFC Bank Gets Govt Nod to Offer Deposits Under Capital Gains Accounts Scheme
- GSSSB Announces Recruitment for 1,237 Class-3 Posts; Applications Open on November 5
- AMC to Hike Parking Fees; Proposed New Rates Here
- Mumbai Mayor Ritu Tawde Meets Gujarat CM Bhupendra Patel
- Holiday Inn Resort to Come Up in Sasan Gir