SBI’s extended hours in Maharashtra on April 4, many ICICI bank branches open today

Convenience of customers is important for the banks, ATMs available for cash transactions

GN Bureau | April 2, 2015


#SBI   #ICICI Bank   #banking   #ATM   #holidays  

While State Bank of India is going to extend the banking hours at all its branches in Maharashtra on April 4 (Saturday is normally half day) after three days of holidays, premier private sector bank ICICI Bank is keeping half of its 4,000 branches open for business on Thursday.

Banking operations have been affected this week by closing of accounts for fiscal year 2014-15, which is immediately followed by a long weekend on account of Mahavir Jayanti (April 2) and Good Friday (April 3).

However, "it has been decided to extend the banking hours at our branches in Maharashtra by two hours on April 4 for the convenience of our customers," SBI said in a statement.

Meanwhile, ICICI Bank kept its half of its 4,000 branches open for general business on Thursday. "Our branches will remain open and will operate as per regular business hours on April 2, except for branches in Delhi, Chhattisgarh, Haryana, Rajasthan and Madhya Pradesh," ICICI Bank, the country's largest private lender, said in a statement on Wednesday.

Cheques deposited on Thursday will be sent for clearing on the next working day, but customers can do other transactions like fund transfers, deposits and cash withdrawal.

Last month, industry body Assocham had sought the intervention of RBI and the government to avoid inconvenience to customers as banks will be shut for over a week from March 28 due to holidays.

It said the holiday season, coupled with annual closing for the financial year will result in a lot of disruption in financial transactions in the stock markets, normal commercial deals, export shipments, import consignments and salary payments.

“We would urge the RBI to step in and advise the banks to make some arrangements. With the government being the majority owners of the public sector banks, the Finance Ministry should also prevail on the bank managements to avoid this kind of huge customer inconvenience and widespread disruption to the business environment,' Assocham secretary-general DS Rawat had said.

The chamber had said while the ATMs would remain operational, there are problems owing to functioning and accessibility.

Comments

 

Other News

Covid-19: Daily new cases fall below 50K

India has leaped across several significant milestones in its fight against Covid-19. The new confirmed cases in the 24 hours to Tuesday morning have fallen below 50,000 (46,790, to be precise) for the first time in nearly three months. The last time the number of new cases was close to this level was on J

Swachh Bharat Mission – Urban: A way forward for sustainable sanitation

"Sanitation is more important than independence". --Mahatma Gandhi The world is moving towards global transformation and sanitation is an important aspect in the development of any country. The United Nations (UN) has observed in 2015-16 that 19.7%

Media taking advantage of a divided Bollywood: Shatrughan Sinha

Legendary film star and politician Shatrughan Sinha has said that friendship in Bollywood is limited to onscreen, and there is no unity and some news channels are taking advantage of this situation. “Groups within the industry or their supporters may sometimes come together for some c

‘2.40 lakh TB cases went unreported in India in 2019’

In India, only 2.40 million out of an estimated 2.64 million cases of tuberculosis were reported to the government, that is, 2,40,000 TB patients went unreported, in 2019, according to the WHO Global Tuberculosis Report 2020. The reporting of TB cases, however, has significantly increased ov

We must fight for Right to Information

Fifteen years back, the Right To Information (RTI) Act became operational on October 12, 2005. It was the auspicious day of Vijayadashmi. It appeared to herald a new evolution in Indian democracy. Citizens who had been advocating this law saw an opportunity of converting India’s defective elective de

Uddhav shoots back at governor’s sarcasm

As Maharashtra governor Bhagat Singh Koshyari went sarcastic and wrote to chief minister Uddhav Thackeray, asking him if he had turned ‘secular’ – an epithet he hated, as the places of worship remain closed amid the Covid-19 pandemic; the Shiv Sena chief replied he did not need certificat

India Police Virtual Summit and Awards 2020

Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter