Banks to remain closed on 2nd and 4th Saturday’s
Bringing cheer 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. “This s a welcome move. This will be a big relief to employees and I hope that this will improve the productivity,”he added. In case of a month having five Saturdays, banks will be closed only on second and fourth Saturdays.
At present, all PSU and private sector banks work half-day on Saturdays.