The demand for a 5-day work week by bank employees is likely to be fulfilled soon, as an agreement in this regard has already been signed between the Indian Banks’ Association (IBA) and employee unions. Now, just the government’s approval is pending, which the bank employees expect to get through later in 2024.Bank employee unions, like the United Forum of Bank Unions, have been pushing for a 5-day workweek with Saturdays off for a while. They have assured that this would not lead to a reduction in customer service hours.Following this, in December 2023, a memorandum of understanding was signed between the Indian Banks’ Association (IBA), which includes both government-run and…
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Will Bank Employees Get A 5-Day Work Week? Key Approval Pending
