RBI New Rule:
The Reserve Bank of India (RBI) has announced a new rule for the banking sector. According to the latest update, banks across India will now remain closed on all Saturdays and Sundays. This is a change from the earlier policy, where banks were closed only on the second and fourth Saturdays of every month, along with Sundays.

RBI New Rule:
This new decision is aimed at giving bank employees better work-life balance while also encouraging people to use digital banking services. Earlier, many banks used to work for half a day on Saturdays, but in 2015 the RBI introduced a rule that allowed full-day closure on two Saturdays. Now, with this new rule, employees will get complete weekends off, similar to many other industries.

Digital Banking Will Continue

Although bank branches will stay closed, customers will not face any major difficulties. Online services such as internet banking, mobile banking, UPI payments, and IMPS transfers will remain available 24/7. This ensures that essential money transfers and payments can still be done without visiting a branch. However, services like cheque clearance, NEFT, and RTGS through bank counters will not be available on holidays. These will be processed on the next working day.

Employee Benefits

This rule is seen as a big step for employee welfare. With complete weekends off, bank staff will now have more time to spend with family, take rest, and reduce work-related stress. Experts believe that happier employees will lead to more efficient service during working days.

For customers, it is important to plan banking activities in advance, especially if they need to visit a branch for cash deposits, loan queries, or other paperwork. During long weekends or festivals, banks may remain closed for several days in a row, so customers are advised to use ATMs or digital banking to avoid inconvenience.

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