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

Battle over cattle, Delhi govt schools lead the way and, why we must return to Gandhi & Tagore

On May 23 this year, the ministry of environment issued ‘Rules on prevention of cruelty to animals (regulation of livestock market)’ with the purported aim of regulating animal markets. When one reads the rules – notwithstanding the lame efforts from union ministers to issue clarificati

BEML unveils 9 MW capacity windmill park

  BEML, a mini ratna category-1 enterprise of the defence ministry, has set a target of using 100 percent renewable energy for its own consumption.   In this connection, BEML’s 9 MW Windmill Park installed at Bagalkot District in Karnataka was recently

BHEL registers increase in intellectual capital

  Bharat Heavy Electricals Limited (BHEL), a Maharatna enterprise, has recorded nearly 14 percent growth in its intellectual capital in 2016-17 fiscal. During the year, a record 508 patents and copyrights were filed by the company, translating into filing of nearly two patents/copyrights

NALCO partners with CII, Odisha for outreach programmes on GST

  National Aluminium Company Limited (NALCO) has joined hands with the Confederation of Indian Industries (CII), Odisha, to organise outreach programmes for industries and other stakeholders on GST implementation.   Series of interactive programmes are being

EPFO inks MoU with HUDCO for Housing for All by 2022

  Taking prime minister Narendra Modi’s vision of ‘Housing for all by 2022’ forward, Employees` Provident Fund Organisation (EPFO) has amended the EPF Scheme, 1952 to provide assistance in acquiring affordable houses to the EPF members by allowing withdrawal from PF to

IndianOil LPG import terminal to reduce refill backlog in Kerala

IndianOil is currently transporting bulk LPG from Mangalore to various LPG bottling plants in north Kerala through about 100 bullet trucks every day, which ply on narrow highways. A pipeline connecting the proposed LPG import terminal to Kochi Refineries Limited and the LPG bottling plants at Udayamperoo



Video

पाकिस्तानी सेना कैमरे में कैद करना चाहती थी ये हमला

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter