Govt gives in to bankers' demands; declare 2nd and 4th Saturdays as holiday

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New Delhi, Aug 21: This government declaration has brought smiles on thousands of bank employees.

Giving in to their long-standing demands, the government has finally declared 2nd and 4th Saturdays as holiday, with effect from September 1.

Bank

Currently, all PSU private and public sector banks work half-day on Saturdays.

AIBEA general secretary C H Venkatachalam said,"This s a welcome move. This will be a big relief to employees and I hope that this will improve the productivity."

He further explained that in case of a month with five Saturdays, banks will be closed only on second and fourth Saturdays.

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