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Bank Employees Organisations demanded introduction of 5 Days Banking

By: Amit, Place: Mumbai,  Update:19 Jun 2010

Mumbai. All India Bank Officers Confederation submitted demand for introduction of 5 days banking in the banking industry like central government and other offices.

The general Secretary Mr G. D. Nadaf satated in the memorandum that the Charter of Demands submitted by them in connection with the 9th Bipartite Settlement in the Banking Industry includes the demand for introduction of 5 day Week in the Banking Industry, an issue which is as old as that of the 2nd option on Pension. However, in view of paucity of time, the representatives of the Indian Banks’ Association could not devote much time for examining this crucial issue and take a positive decision along with signing of the 9th Bipartite Settlement.
 
The Executive Committee of the Confederation which met recently in Chennai, had an occasion to deliberate on the issue at length. The employees were of the unanimous view that in the light of the revolutionary changes that have taken place as regards the technology initiative such as tele-banking, internet banking, core banking, any time banking, anywhere banking etc. and also the banking expansion through a large ATM net work, there is a strong case for immediate consideration of the demand of the Confederation for introduction of 5 day week by the Indian Banks’ Association. 
 
As per Mr Nadaf, there are several strong grounds, apart from the infrastructure now created by the Banking Industry which will not cause any harm to the customers in case 5 day week is introduced in the Banking Industry. The first and foremost reason is, the country will be saving a lot of natural resources by way of reduction in the use of fuel by lakhs of employees working in the Banking Industry, since they depend upon their own personal vehicles to attend office. This will also reduce global warming to an extent. Further, 5 day week will provide good health to our officers who are toiling without any rest almost 14 to 16 hours a day on account of increasing workload and business growth. The reduction of 2 hours of business on Saturday does not affect customers as almost all Banks have increased business hours by two hours per day from Monday to Friday.
  
The AIBOC revealed that at present all Central government establishments, RBI, Forex Department, Parliament, State Assemblies, Treasury, IT/BT industries and Western Countries observe 5 day week. Majority of State government offices remain closed on Second Saturday of the month. Therefore Banking Industry switching over to 5 day week will not make much difference. 
 
As per memorandum the AIBOC demanded the introduction of 5 day week as it will go a long way in further strengthening our Banking Industry and delivering better results to the people of the country.
 
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5 Recent Comments
Arun    04 March 2012
It is a good news that all banks works for 5 days a week..... Will that be applicable to private banks?
 
NIKHIL    25 February 2012
I AM AGREE BECAUSE 5 DAYS BANKING WILL HELP THE YOUNGSTERS IN DOING CORRESPONDENCE STUDIES............ TEL.. 9897328516
 
Dilip Kumar    17 February 2012
5 Days a week banking means now we are also going to be considered as human being
 
prawendra    11 February 2012
i strongly support five day banking prawendra Assist Manager PSU Bank
 
A C MUNDRA    09 February 2012
We welcome and support for the five day week
 
 
56 More Comments
 
  Arun : 04 March 2012 :
It is a good news that all banks works for 5 days a week..... Will that be applicable to private banks?
  NIKHIL : 25 February 2012 :
I AM AGREE BECAUSE 5 DAYS BANKING WILL HELP THE YOUNGSTERS IN DOING CORRESPONDENCE STUDIES............ TEL.. 9897328516
  Dilip Kumar : 17 February 2012 :
5 Days a week banking means now we are also going to be considered as human being
  prawendra : 11 February 2012 :
i strongly support five day banking prawendra Assist Manager PSU Bank
  A C MUNDRA : 09 February 2012 :
We welcome and support for the five day week
  ASHISH KUMAR : 09 February 2012 :
i , vigouriously suppot for 5 days working in banking sector . if needed i support the same .
  Anandh : 09 February 2012 :
We are strongly supporting the proposal. We should fight and get it done. WE CALL FOR ONE DAY STRIKE - ALL THE BANKS IN THE COUNTRY
  prasadkumar : 06 February 2012 :
i welcome five day banking ya. nowaday we only wrk for 12hrs in day 9am to 9 pm.. saturday halfday working but 9am to 6pm we r working. if 5 days banking means its very good relif to all bankers
  mansukh patel : 04 February 2012 :
5 day a week is a good suggestion, we welcome and support for implementation.
  mansukh patel : 04 February 2012 :
5 day a week is a good suggestion, we welcome and support for implementation. 5 day a week is a good suggestion, we welcome and support for implementation.
  mahendra : 03 February 2012 :
very good ... nice proposal and decision
  SUGUNA : 03 February 2012 :
Now a days, bankers job become very hard. Morning 9 am to till 9 pm we cannot come out of our work. Even after going home it will take some time to come outof that mind. We almost forget our personal life during office hours. It is very hard to manage our personal life and professional life in a balanced way with only one holiday in a week. 5 day banking is appricioable. It will bring lot of change in our lives. I hope for the thing to happen.
  Brijesh kumar : 03 February 2012 :
After 5 day banking bank employee become more social, its good 1.
  RAMESH : 02 February 2012 :
5 day a week is a good suggestion, we welcome and support for implementation.
  Nitin : 02 February 2012 :
It would be miracale but i think we are being much optimistic
  anil : 02 February 2012 :
It is the moral responsibility of the Govt. to take care of health of its citizens.The 5 day banking as in foreign countries will help ease out the pressure. Thanx_ _ _ _ _ _ x for the move ANIL
  amit kumar : 02 February 2012 :
five day a week is good option of bank employes. because he is always seat on volcano.it is good for spending more time with its family.
  D S Wadhwa : 01 February 2012 :
Life seems very good to listen this that banking ( 5 days a week)
  raj malhotra : 01 February 2012 :
sir it is really great decision to make 5 day working in a week. Because there is no social life of a banker, suppose if a banker want to deposit his telephone or electric bill, at which he can deposit their bill. Banker have no time to do such things cause they come to bank at 10 am & they go to their home beyond 8 pm. How they can do their personal work which are essential, if they could not deposit electric or water bill within time, their connection will terminated immediate affect.So my dear sir it is very essential to workfor 5 days not for 6 days even on sunday. It is milestone decision to work for a 5 day. now a days mostly people are using alternate channel like ATM, Mobile banking, Internet banking, RTGS & Neft and there are so many ways to use alternate for banking activities. So my dear sir do it right now without delay in decision. Thanks Raj Malhotra Social Worker.
  BRAJESH CHANDRA TRIPATHI : 29 January 2012 :
5 DYAS IS A MUST FOR BANKERS AS IT WILL GIVE THE OPPORTUNITY TO MEET THEIR FAMILY MEMBERS ONCE IN WEEK BECAUSE MOST ;OF BANK EMPLOYEES ARE POSTED AT OUT OF HOME DISTRICT. ALSO THE CLERICAL AND SUB STAFF OF BANK SHOULD BE GIVEN THE MEDICAL FACILITY LIKE BANK OFFICERS ARE GIVEN
  r.p singh : 28 January 2012 :
bank officers of public sector bank has no sufficient time time for taking rest and finding time for caring their children since lot of work pressure is being faced now a days. management is not ready to permit any leave sanction to their employees due to excessive work load.
  Silpa : 24 January 2012 :
5days banking is excellent.People think that bankers r njoying the bank jobs and they think it is good if we get job in banking. these r all facts in olden days.bankers r working 12hrs a day.they dont have time to spend with family and life has became so mechanical.it will be excellent if 5days banking is implemented and human realtions will surely increase.saturday half is not actually halfday.No banker is working halfday on saturday and working morethan 9hrs on saturday.so pls treat bankers as humans and implement 5days banking
  manoj : 22 January 2012 :
THE SUGGESTIONS IN RESPECT OF 5 DYAS WEEK,IF IT HAPPENS THEN IT WILL BE BEST GIFT AND RELIEF FOR THE BANK EMPLOYEES.FRIENDS I WOULD LIKE TO SAY ONE MORE THING WHICH SHOULD ALSO HAPPNED THAT IS TO MUCH LIBERTIY TO THE CUSTOMER SHOULD BE AVOIDED.SINCE AT EVERY COMPLAINT MADE BY THE CUSTOMER THE EMPLOYEE IS HELD RESPONSIBLE.LOCAL LEADERS OF VILLAGES AND PRADANS PUT LOT OF PRSSURE ON THE STAFF TO DO WRONG ACTS.THERE MUST BE SOME CODE OF CONDUCT ON THE PART OF THE CUSTOMER AND THER MUST BE PROVOISION TO INITIATE ACTION AGAINST THE CUSTOMER ALSO IF HE DOES ANY THING WORNG WITH THE BANKS STAFF OR PUT PRESSURE OR TAKE UNDUE ADVNTGE OF SITUATION.
  manoj : 22 January 2012 :
THE SUGGESTIONS IN RESPECT OF 5 DYAS WEEK,IF IT HAPPENS THEN IT WILL BE BEST GIFT AND RELIEF FOR THE BANK EMPLOYEES.FRIENDS I WOULD LIKE TO SAY ONE MORE THING WHICH SHOULD ALSO HAPPNED THAT IS TO MUCH LIBERTIY TO THE CUSTOMER SHOULD BE AVOIDED.SINCE AT EVERY COMPLAINT MADE BY THE CUSTOMER THE EMPLOYEE IS HELD RESPONSIBLE.LOCAL LEADERS OF VILLAGES AND PRADANS PUT LOT OF PRSSURE ON THE STAFF TO DO WRONG ACTS.THERE MUST BE SOME CODE OF CONDUCT ON THE PART OF THE CUSTOMER AND THER MUST BE PROVOISION TO INITIATE ACTION AGAINST THE CUSTOMER ALSO IF HE DOES ANY THING WORNG WITH THE BANKS STAFF OR PUT PRESSURE OR TAKE UNDUE ADVNTGE OF SITUATION.
  ANIL BATHAM : 22 January 2012 :
Please clear the position of 5 days banking which is the great rumour in present days.
  arun : 21 January 2012 :
i agree 05 day week in banking industry .now a day management chooses only sundays and holidays for meeting. Even no H R practices is followed.Total violation of MAN POWER planning.bank employee/ officers get wages less than clerk of central govt clerk .
  KVSK SUBBA RAO : 21 January 2012 :
It is 1000 times better to introduce 5 day week for bank staff. Now, there is great pressure on Bank staff especially on officers due to recent RBI and Government policies. Every where there is a tension and pressure on staff. Awareness is increased among the public. Less salaries are being paid to staff when compared to others. There is no time to look after their families and dependents for whose sake the bank staff working. The officers are working minimum of 15 to 18 hours per day in the most of the branch. To safre guard of their lives and helath it is better to impliment 5 day week.
  Ashutosh : 21 January 2012 :
5 days a week is wonderful idea for PSBs specially for the employees of PNB because the HR practices are not very healthy in this bank. Specially officers working in circle offices and as incumbents because they work almost 12 hours a day. But for me it wil be worse if 5 days a week introduced, because in that condition I will have to work two holydays a week instead of one.
  Prakash Kannur : 19 January 2012 :
If 5 days a week implemented it is really a solace to already struggling bank officers.Those who are against the idea of implementation, have to work for atleast a month in a bank & give their first hand information to the general public.Ask prob officers who are just joined during the year,the truth will come out.Why there is so much attrition in banking industry ? only because of bad HR practice,non regulated working hours,shortage of man power,inadequate infrastructure and finally brainless people managing the affairs are the route cause
  karulkar v r : 19 January 2012 :
consider a day of 24 hours.as per medical reports a human being requires 7 hrs sleep.an officer of a bank spends overall 14 hours in travelling and his office.social life and family life totally spoiled.only 3 hrs for family.what an officer does?this is for all who think a banking job is very pretty job.counter job,attending atm ,pension and customers complaints,servicing atm machines,closing cash and branch at the day end,canvassing for insurance sector,deposits.attending recovery programmes and this also when no electricity for hours together.dear friends,please look around.diabetis,blood pressure,hiper tension,spects and baldness are now becoming identity of bank employees. are u ready to join as a banker with us?
  Divesh Jain : 19 January 2012 :
As per my view of 5 days banking in India is really a good suggestion for banking employees, But on the other side there will be lots of financial transcations that will be suffered a lot.
  Ranjeet babu : 18 January 2012 :
A s an employee of state bank of india five days working in bank should be implemented for healthy living of bank employees & better future for entire banking industry.
  gyanendra : 18 January 2012 :
What we are trying to implement now, have already been implemented in all the developed countries long back with all success - Implemenation of five day week will definitely improve the health and working conditions of the employees who are under lot of stress at present. Moreover, it will also be helpful in saving power, fuel and above all FAMILIES of all the Bank Employees
  JAYANTH : 18 January 2012 :
IT DOES NOT MAKE SENSE TO HAVE ONLY 5 DAYS A WEEK. BANKS ARE PART OF SERVICE INDUSTRY LIKE - TRANSPORT, HOTEL ETC. KEEPING THE RESIDENTIAL BRANCHES OPEN ON SATURDAYS (FULL DAY) SHOULD BE A BETTER OPTION. IF THERE IS LOT OF PRESSURE OF WORK, MORE PEOPLE CAN BE HIRED AND PRESSURE CAN BE EASED. I AM FOR 6 DAYS A WEEK.
  AMJAD KHAN SARDAR KHAN : 18 January 2012 :
instead of 5days week the bank should open 7days week and only 3 days public holidays should be given and employees and officers to be 110 days casual leave sundays......52 days saturdays....26 days public holidays 15days usaual casual leaves....12 less three public holidays to be continued..................... 15 August 26 janurary 2nd october
  srinivasulu : 17 January 2012 :
it will help bankers live in good health as it is well known in banking circles that retired bank employees population is very less due to impact of job on health. Banking is the only Govt.Office where employees work beyond working hours, financial risk and have accountability. Hence, once Banking was priority area for job seekers now it has become last choice. Thousands of bank employees are resigning to leave for other industries which are offering good salaries and working conditions.
  M K BALANI : 17 January 2012 :
OIL PSUs WHO PAY FAT SALARIES, LESSER WORKLOAD AND LOT OF FACILITIES TO THEIR EMPLOYEES GET GOOD H R PRACTICES AWARDS FROM GOVT. OF INDIA. STRANGE NO? NO PSU BANK INCLUDING SBI CAN EVEN DARE TO FILL NOMINATION FORM FOR GOOD HR PRACTICES. BECAUSE HERE HUMANS ARE TRAETED AS ANIMALS. STRANGE? SAME EMPLOYER (GOI) BUT DIFFERENT COLOURS?
  S M RAO : 17 January 2012 :
Yes, the 5 day Week should be implemented immediately. With internet banking, ATM facility, mobile banking etc., it is high time for a 5 day week. Bank Officers are stressed out physically and mentally working long hours per day. Of late, saturday ( which is supposed to be a half working da y) has lost its relevance. 5 day week, will not only help bank employees to relax, but also to spend some quality time with the family / friends.
  S M RAO : 17 January 2012 :
Yes, the 5 day Week should be implemented immediately. With internet banking, ATM facility, mobile banking etc., it is high time for a 5 day week. Bank Officers are stressed out physically and mentally working long hours per day. Of late, saturday ( which is supposed to be a half working da y) has lost its relevance. 5 day week, will not only help bank employees to relax, but also to spend some quality time with the family / friends.
  S M RAO : 17 January 2012 :
Yes, the 5 day Week should be implemented immediately. With internet banking, ATM facility, mobile banking etc., it is high time for a 5 day week. Bank Officers are stressed out physically and mentally working long hours per day. Of late, saturday ( which is supposed to be a half working da y) has lost its relevance. 5 day week, will not only help bank employees to relax, but also to spend some quality time with the family / friends.
  avinash : 17 January 2012 :
It would be heaven in life as banking job is more stressed than any other job ,2 day means one day rest and other day to do personal pending family work.
  Shailendra kumar : 17 January 2012 :
It is a very good for all bankers to overcome their work load and have some peace for their mind
  amit kumar : 17 January 2012 :
Implementation of 5 days week will definetely resulted in better and improved service. The employee will get more time as they expect to be with their family. Social responsibilities also lying with them and they will get time for this cause also. As a result they will start their working week with fresh and energetic mental condition.
  Anna : 16 January 2012 :
Five day week should be implemented for the sake of officers like me who havent got enough time to spend with their family or kids. It is torture to know that saturday is half day but still we have to work till late just as the case of weekdays..Life will improve.... performance would improve and work satisfaction will improve. All this will improve overall productivity. It is also for the sake of all the new kids who come into banking..
  Anna : 16 January 2012 :
Five day week should be implemented for the sake of officers like me who havent got enough time to spend with their family or kids. It is torture to know that saturday is half day but still we have to work till late just as the case of weekdays..Life will improve.... performance would improve and work satisfaction will improve. All this will improve overall productivity. It is also for the sake of all the new kids who come into banking..
  SAILESH C ROY : 16 January 2012 :
It could be the best gift to a Bank Employee/Officials. Reasons are already well spelled in various forum. Besides to keep sync with other social service functioning units and offices requirements can also be well disciplined to make use of the service during the period of availability. Otherwise we have to keep open branches round the clock to cater services. Its not there a present and we are disciplined about usage of that 10-4 service accordingly. Introduction of various alternate delivery channels, those are available 24X7, definitely can meet the primary banking requirements. Moreover having CBS implementation customers are now switched from a branch customer to bank customer and service are available from any business delivery points. So zone/area wise that can be synchronized - like "Sunday open branches".
  PRAMOD KUMAR : 16 January 2012 :
for the sake of employee personnel life, & in order to attract and retail talented people in bank it shud be implemented immediately.
  V.JEGANATHAN : 16 January 2012 :
BANK MANAGERS/OFFICERS ARE WORKING DAILY DAWN TO DUSK, EVEN AFTER INTRODUCTION OF MECHANISATION IN BANKING. THEY ARE WORKING WITH LOT OF STRESS VIZ., SERVING CUSTOMERS DEFAULT-FREE, ACHIEVING TARGETS-IN SOME BANKS THE TYPE OF TARGETS VARIES TO 25 TYPES, KEEPING THE BRANCH CLEAN AND CLEAN BOOKS OF ACCOUNTS, INTERNAL CUSTOMER RELATIONSHIP, GETTING THE THINGS DONE THROUGH SUBORDINATES, SCOUTING FOR GOOD ADVANCES, POST SANCTION FOLLOW UP, NPA MANAGEMENT, ETC. THESE ARE ALL ONLY A FEW. IF ONE TRIES TO EXPLAIN THE SPACE PROVIDED WILL NOT BE SUFFICIENT. REALLY THE TWO DAYS HOLIDAYS WILL BE A BOON TO THEM WHICH WILL ALSO SAVE THEIR LIVES AND THEIR FAMILY
  PURUSHOTHAM : 14 January 2012 :
Now a days, officers get back to home for the sake of sleeping. At present situation, we can say that we are working saturday as bonus. if 5days a week is implimented, it will be a good reward for officers worked hard till date.
  GHANSHAM : 14 January 2012 :
REALLY BANKING HAVE HEAVY WORKLOAD..SATURDAY IS HALF DAY TO SAY ONLY BUT INFACT IT IS ALSO A FULL DAY..SOMETIMES WE HAVE TO WORK ON SUNDAY ALSO FOR RECOVERY WORK...IT IS THE NEED OF TIME TO GO WITH 5 DAY BANKING...WE ALL REQUIRE TO PUT UNITY EFFORT TO DO ENFORCE THIS.....
  cm : 14 January 2012 :
It should be implemented. Because in central government Employees work for five days in a week, and a banker works for 6 days in s week. In spite of he/she is getting less than central government employee. Another thing is that job of a banker is more risky than others.
  Swamy : 14 January 2012 :
Similar objections were raised earlier too when the Indian Postal Services proposed for a Holiday on sunday. Later little or a neglible effect was there due to this implementation. It is quite Human to oppose Change which is inevetable by principle of nature. Think about the health of your service provider. Gaurd it so that they can serve you long........
  PURSNANI MOHAN : 14 January 2012 :
BANK EMPLOYEES ARE UNDER STRESS DUE TO WORK LOAN, FINANCIAL RISK, SERVICE AND MANAGMENT TARGEST, AND SOME TO DUE TO UNIONS ALSO, THERE QUALITY OF LIFE IS REDUCING DUE TO ILLNESS AND SUDDEN DEATHS
  Himanshu Sharma : 14 January 2012 :
Plz inform with the latest update in the issue
  Anonymous : 13 July 2011 :
What is the use of talking 5 days banking, regulated working hours for Officers,blah,blah....The unions have been talking about such things for more than 5 years. NO WONDER A LOT OF YOUNG POs ARE LEAVING BANKS NOW A DAYS.
  shekhar : 25 July 2010 :
what about locker operation
 
 
 
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