The Indian Bank Association (IBA) in December last year (2023) formally put forward a consideration to the Department of Financial Supervision, Ministry of Finance, for its approval and declaration for five-day banking and declaring all Saturdays as public holidays, given the working conditions and rising stress levels, along with increased automation and the availability of banking services 24×7.Here is everything you need to know about the five-day banking in India.
What is five-day banking?
The concept of five-day banking refers to the operational schedule of banks where they remain open for business for five days a week, which is usually from Monday to Friday.
As the Indian Bank…
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What is five-day banking: All you need to know | What Is News
