with the management,
all branches in the country will remain closed on all second and fourth
Saturday from July.
T M Bhasin, chairman of the Indian Banks' Association, said the Reserve Bank of India
had approved the proposal and a notification would be issued on the change under the
Negotiable Instruments Act.
It will take three or four weeks for the process to get completed.
PSB branches will work full-time on the first and third Saturday of each month,
said Bhasin, also chairman and managing director, Indian Bank.