Banks to be open for only 5 days a week? Finance ministry receives IBA proposal

The Indian Banks Association (IBA) has filed a proposal about the adoption of a five-day workweek to the Finance Ministry, according to a number of news sites.Will banks be open for only 5 days soon? Numerous news sources state that the Indian Banks Association (IBA) has submitted a proposal to the Finance Ministry about the adoption of a five-day workweek, according to a Times of India (ToI) news report. Bhagwat Karad, Minister of State for Finance, reportedly stated in Parliament that the IBA proposal had been received. He did not, however, clarify on the proposal’s status or whether the Finance Ministry is contemplating accepting it, reports ToI. Bank holidays in December 2023: Banks to remain closed for 18 days, check…

Source: Economic Times
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