Banks won’t remain closed for five consecutive days starting from Thursday, a union leader reported on Monday.
The banks will be working on March 32 as well, as there is no continuous holidays as per messages in the social media.
Saturdays banks to remain open as it is the fifth Saturday of the month. Banks are only closed on second and fourth Saturdays.
On 2 April, the banks will remain shut for annual closing of accounts.
Since all banks would remain close there are high possibilities that the ATMs would soon run out of money.
Former NITI Aayog vice chairman Arvind Panagariya, has come up with a strong case for privatisation of public sector banks with exception of SBI stating that the political parties serious of forming government in year 2019 should include the proposal in their manifesto.