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Bank Working Hours News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bank employee unions press for 5-day week ahead of IBA settlement What is the alternative proposed?

The United Forum of Bank Unions has urged Finance Minister Nirmala Sitharaman for a five-day workweek in a letter. They promise no reduction in total banking hours for customers or employees if implemented, aligning with an agreement with the Indian Banks Association. The union highlights existing five-day weeks in RBI and LIC.

Bank Employees To Get 2 Days Weekly Off Soon, IBA Considering Proposal: Reports

Covid-19 scare! Will banks reduce working hours?

Highlights Bank unions are requesting safety measures for workers. UFBU also requested to allow bank employees to work from home. New Delhi: With a sharp rise in Covid-19 cases across the country, bank unions are now showing their concerns towards bank employees. Bank unions are requesting safety measures for workers. They have now urged the Ministry of Finance to reduce the working days while seeking permission to run bank branches with a bare minimum staff.  United Forum of Bank Unions’ (UFBU) Convenor Sanjeev K Bandlish wrote a letter to Debasish Panda, Secretary, Department of Financial Services, Ministry of Finance, saying, “As was implemented last year, there is a necessity to restrict physical banking for next 4-6 months. Banks may be advised to reduce working hours (say from 10 am to 2 pm).

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