MINISTRY OF FINANCE
(Department of Financial Services)
NOTIFICATION
New Delhi, the 20th August, 2015
S.O. 2285(E).—In exercise of the powers conferred by section 25 of the Negotiable Instruments Act, 1881 (26 of 1881), the
Central Government hereby declares the second and the fourth Saturday of every month as public holiday for banks in India, whether or not such banks are included in the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934), with effect from the 1st day of September, 2015.
[F. No. 4/1/7/2015-IR]
MOHAMMAD MUSTAFA, Jt. Secy.
Customers will be benefitted with full working day working on 28 saturdays out of 52 in a week. They will get more time for their transactions and problems to solve. there will not hush hush as on a half day.
Order does not make it clear that 1,3,5 Sat will be full working day.
YES KRISHNA YOU ARE CORRECT ,FULL DAY FOR 1,3,5 SAT.
Its a good move, why can’t the Govt to think 24 hours services by all government departments? why can’t to introduce shift system, it reduces traffic, more effective services, clean and clear long pending works.
what above 1st, 3rd & 5th Saturday of the month…….. I hope it should be full working.