The All India Bank Officers’ Confederation (AIBOC) has urged Prime Minister to intervene for immediate implementation of a five-day work week in the banking sector.
In its letter, the confederation argued that with digital banking channels operating 24×7, Saturday branch closures would reduce commuting, cut fuel and diesel consumption, and lower the sector’s carbon footprint — aligning with the PM’s recent call for austerity and resource conservation.
AIBOC noted that institutions like RBI, LIC and Central Government offices already follow a five-day week, and that the banking industry’s wage settlement process had already accepted the proposal in principle.
The confederation sought the PM’s intervention for final policy approval at the earliest.
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