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.

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0 Comments

  1. YASH PAL says:

    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.

  2. V V Manikyala rao says:

    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.

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