Key Points

  • Long pending demand cleared.
  • 2nd and 4th Saturday off for Bankers.
  • To come into effect from September 1.

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.

Representational image: Source: livemint

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.

Feature image source: CTN