For a considerable amount of time, bank workers have been requesting two days off per week. There is a lot of discussion about banks proposing to work five days a week. You might not have considered how this change will affect bank employees and customers if it is implemented. According to bank unions, working five days a week will help staff better combine their personal and professional lives. However, it’s unclear at this time what advantage or issue the customer will experience from this. Recently, the State Bank of India (SBI) and bank employee unions, among other bank groups, agreed on this plan. But to put it into effect, official approval is required.
What effect will it have on clients?
Customers may have issues if banks are closed one more day of the week across the nation. They might have to wait in lengthier lines, and their work might be put off. However, analysts also point out that if this takes place, there’s a chance that mobile app and internet banking usage may rise as well.
To prevent consumers from experiencing
any issues as a result of banks remaining closed for an additional day, adjustments to banking operations are also being examined. For this reason, banks’ operating hours might be extended beyond what they are now. It is possible to make improvements to ATMs and Internet banking so that more work can be done through them. This is also an option to make an appointment in the bank for any important work.
Media sources state that a shift
in bank operating hours is anticipated with the introduction of a two-day weekly holiday. Banks can now stay open from 9:45 am to 5:30 pm, according to sources. Right now, the first and third Saturdays of each month are work days for bank personnel. There could be a long line in banks because they are closed two days a week. The system of making an appointment can also be used in such circumstances. As a result, most work will have to be done online. For instance, maintaining accounts, moving funds, and paying bills can all be done online.
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