Banking: The Bank's working schedule may change from December, there will also be a new time for opening and closing..

Bank employees were demanding 5 working days for a long time. So far the government has not approved this demand of the employees, but it is expected that by the end of this year, the government can fulfill this demand. Actually, recently an agreement has been reached between the Indian Banks Association (IBA) and the employee unions. Now only the government is waiting for the approval.

If the government approves, then the banks will open only five days a week. This means that the banks will be closed on Saturdays and Sundays. Let us tell you that at present banks are closed on the second to fourth Saturday of every month and every Sunday. Apart from this, banks in many cities remain closed due to festivals.

RBI plays an important role along with the government

The government and the Reserve Bank of India () have an important role in the approval of the bank's 5 working days. Actually, this proposal of the bank will go to the RBI because RBI controls all the work related to the bank. The government will approve the proposal only after getting approval from the RBI.

There will be a change in the working time of the bank as well.

According to media reports, if the bank gets approval for 5 working days, then there will be a change in the working time of the bank as well. It is believed that there may be an increase of 40 minutes in the daily working hours. This means that the bank will be open from 9.45 am to 5.30 pm.

When will the notification come
It is expected that the notification may be issued by the government by the end of the year or early 2025. If approval is received from the government, then Saturday can be recognized as a holiday under the Negotiable Instruments Act.