New Delhi: There were a reports circulating that banks across the country will remain closed for 5 consecutive days, which could affect the financial transactions of many.
Customers were even advised to plan their banking accordingly to avoid inconveniences. It was also said that the ATMs would soon run out of cash.
“Banks will work on March 31 (Saturday) and there are no continuous holidays as per messages on social media,” IANS quoted D Thomas Franco Rajendra Dev, General Secretary of All India Bank Officers Confederation.
However, banks will remain closed on Thursday and Friday on the occasion of Mahaveer Jayanti and Good Friday respectively. Since March 31 is the fifth Saturday of the month, bank employees will be working full time, unlike every second and fourth Saturdays.
ATMs are likely to function smoothly as maintenance of ATMs are controlled by third parties. On April 2, banks will be shut for the annual closing of accounts.