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Thank God - Holidays for 2nd and 4th Saturday Now To be Implemented




Rajesh Goyal 

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The reports in newspapers and union leaders announcements indicate that finally Govt of India has agreed to implement the 2nd and 4th Saturdays as holidays and all other Saturdays being full working day (i.e. 1st, 3rd and 5th Saturdays).   This is a great news for all the bankers as after lot of flip flop, Govt of India has shown its intentions to implement the remaining part of the 10th BPS..  As per the latest reports, this new policy will be implemented wef 1st September 2015 i.e. 5th September will be full day whereas 12th September, 2015 will be bank holiday.   However, we are still waiting for the final notification to be published in newspapers so as to make public aware of these changes in bank holidays.

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Although it has been delayed by about 3 months, yet it is welcome step and may give the bankers some relief to enjoy two continuous bank holidays in a month.  However, there is a danger that these holidays may not be spooked by administrative offices (Regional / Circle / Zonal heads) by calling the staff on these holidays for special drives for NPAs, Recovery or CASA drives.   If this happens, it will be worse for the bankers as they had to work in 1st, 3rd and 5th Saturdays for full day (including late sitting upto 8 PM to 9 PM.   Therefore, there is a need that bankers should resist such attempts by bank management and ensure that there are regulated working hours, specially in the evenings, as regular late sittings affect the health of the employees and they are also denied some quality time with their children and family members.

Good Luck to all the bankers as it has been on account of their continued pressure that GoI has to cave in the demands of the bankers.




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