IBA nod for five day work week for banks, waits for Fin Min endorsement

IBA nod for five day work week for banks, waits for Fin Min endorsement: After nearly a year of persistent efforts from various bank employee unions, the implementation of five days banking appears to be on the horizon. Recent reports from reliable sources indicate that substantial progress was made during a crucial meeting held on July 28 by the Indian Banking Association (IBA), a representative consortium of Indian bank managements. Notably, the longstanding industry demand to recognize all Saturdays as official bank holidays, a proposition advocated by bank      Read More