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Old 22nd December 2016, 05:39 PM
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Default State Bank of India 5 Day Week

Hi I would like to have the information about the proposal by the IBA for keeping the banks working % days a week?
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Old 23rd December 2016, 01:14 PM
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Default Re: State Bank of India 5 Day Week

The Indian Banks' Association (IBA) is rethinking a long-standing interest from representative unions to keep bank offices open for just five days a week.

IBA has authorized a study to assess the advantages and disadvantages of keeping banks close on Saturdays. The staff unions, under the umbrella of the United Forum of Bank Unions (UFBU), decline to move on this request, individuals acquainted with the advancement told

The benefits and the difficulties of a five-day week will be put before the new government by IBA after the general decisions

The staff unions say the additional working hours influencing the wellbeing and efficiency of staff members. "A five-day week is as of now accessible in the global keeping money framework. It is likewise accessible here - the Reserve Bank of India (RBI), focal and state governments, and organizations in people in general segment work for (just) five days a week.

Nationalized banks the nation over will stay shut on second and fourth Saturdays of consistently, as the administration cleared a "long-pending" proposition made by the managing an account representatives.

Banks may be closed on second and fourth Saturdays regardless of the possibility that a month has a fifth Saturday.
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