5-Day Working Week For All Bank Employees Likely From December

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Orbitz

5-Day Working Week For All Bank Employees Likely From December

//business-finance.news-articles.net/content/202 .. for-all-bank-employees-likely-from-december.html

Published in Business and Finance on Sunday, December 1st 2024 at 0:30 GMT by Bill Williamson
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

The long-standing demand for a 5-day work week in India's banking sector is nearing fruition. Currently, bank branches remain closed on second and fourth Saturdays, along with all Sundays. However, under the proposed system,

Orbitz

The article from Trak.in discusses a potential shift to a 5-day working week for all bank employees in India, likely starting from December. This change, proposed by the Indian Banking Association (IBA), aims to align bank working hours with those of corporate offices, potentially improving work-life balance for bank staff. The proposal includes extending daily working hours to compensate for the reduced number of working days, ensuring that customer service remains uninterrupted. The move has been under discussion for some time, with the IBA suggesting that banks could operate from 9:45 AM to 5:30 PM on weekdays. This initiative is part of broader efforts to modernize banking operations and enhance employee satisfaction. However, the implementation of this change would require approval from the Reserve Bank of India (RBI) and would need to consider the implications for customer service, especially in rural areas where banking hours might still need to be adjusted.

Read the Full Trak.in - India Business Blog Article at:
[ https://trak.in/stories/5-day-working-week-for-all-bank-employees-likely-from-december/ ]