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5 Day working for Bank Employees: Bank employees can soon get a weekly holiday of 2 days in a week. According to media reports, the Indian Banks’ Association (IBA) is considering the demand of bank unions for 5 working days and 2 days off.
However, it is also being said in the report that by working 5 days a week, the daily working hours can be increased by 40 minutes. At present the bank employee gets one day off on Saturday after one week off. If this rule is accepted, then the bank employees will get 8 days off instead of 6 days weekly off in a month.
Every Saturday and Sunday will be holiday
Negotiations are on between IBA and United Forum of Bank Employees (UFBI) for 5 working days in a week and 2 days off. According to reports, the association has given in-principle consent to work for 5 days a week.
S Nagarajan, general secretary of the All India Bank Officers’ Association (IIBOA), has told The Times of India that the government will have to notify all Saturdays as holidays under Section 25 of the Negotiable Instruments Act. At present, bank employees get a holiday on the second and fourth Saturdays of the month.
working hours will increase
He said that the government as the owner of public sector banks also has a role to play. RBI also needs to accept the proposal. According to the report, the employees will need to work 40 minutes more daily from 9.45 am to 5.30 pm.
(pc rights of employees)
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