Government banks will soon be allowed to work for only five days in a week. Finance Ministry is likely to give an approval on this soon. Earlier, it was reported that Indian Banks Association (IBA) and the United Forum of Bank Employees (UFBEs) have agreed in principle to a 5-day work week, but for which the total working hours have to be increased by 40 minutes per day.
As soon as this change comes into effect, Government banks will no longer remain open on the first & third Saturdays every month.
Reported by: CNBC
Any public facing utility should be operational during holidays. Banks should come up with a rotational shift approach and keep banks open 7 days a week because they are serving the people.
Now some private bank should come up with this model and businesses and people should shift from these useless kaamchor govt banks to these private players.
santosh_blr wrote:Any public facing utility should be operational during holidays. Banks should come up with a rotational shift approach and keep banks open 7 days a week because they are serving the people.
Now some private bank should come up with this model and businesses and people should shift from these useless kaamchor govt banks to these private players.
💯% came to say same thing 😂
Already they're not properly working, meaning efficiently resolving customer issues, it will be trouble for working class common man.
One side govt advertising: JAAGO GRAHAK JAAGO
Other side govt telling bank employees :1 DIN AUR SOJAA GHAR PE...customers Gaye tel lene..
Bank employees are also human and common men I guess.
Fair enough.. given that they work for 5 days properly.
anshulkansal wrote:Bank employees are also human and common men I guess.
I know few people working in SBI
No matter how much people mock the bank employees but it is one of the most hard working jobs(esp. SBI, cannot say about other Govt. Banks)
this may not apply to old generation system/employees
but the young generation employee have to work so much that even though they got the job after much effort and clearing the exam, they are willing to leave the banking job for very less salary
Yes Bank jobs are very tough and high demanding. Working hours for the public are till 3 30 but they actually reach home after 6 30 and reach office by 9 30 AM
Dastro wrote:
I know few people working in SBI
No matter how muck people mock the bank employee but it is one of the most hard working jobs(esp. SBI, cannot say about other Govt. Banks)
this may not apply to old generation system/employees
but the young generation employee have to work so much that even though they got the job after much effort and clearing the exam, they are willing to leave the banking job for very less salary
Ro k sab dikhate hai, job se resign koi nhi krta.
Itne perks, payment and attitude (visit a SBI branch on working day to feel it yourself) aur kahi nhi milega inko.
anshulkansal wrote:Yes Bank jobs are very tough and high demanding. Working hours for the public are till 3 30 but they actually reach home after 6 30 and reach office by 9 30 AM
9.30 to 6.30 is normal office hours for 99% of office going people in India (and throughout the world as well) Whats the big deal about it?
Dastro wrote:
I know few people working in SBI
No matter how muck people mock the bank employee but it is one of the most hard working jobs(esp. SBI, cannot say about other Govt. Banks)
this may not apply to old generation system/employees
but the young generation employee have to work so much that even though they got the job after much effort and clearing the exam, they are willing to leave the banking job for very less salary
If you walk into a bank and observe the employees, you will notice 80% of their working hours are wasted on filling and inspecting internal paperwork.
Yes, they are working hard, but to output nothing productive.
guanidine7865 wrote:9.30 to 6.30 is normal office hours for 99% of office going people in India (and throughout the world as well) Whats the big deal about it?
They get two days off.
Or they could provide incentives to employees who work on weekends.
santosh_blr wrote:yes they are serving the people but not the servants. they also deserve their family time as much we do.Any public facing utility should be operational during holidays. Banks should come up with a rotational shift approach and keep banks open 7 days a week because they are serving the people.
Now some private bank should come up with this model and businesses and people should shift from these useless kaamchor govt banks to these private players.
akki.akki wrote:
yes they are serving the people but not the servants. they also deserve their family time as much we do.
banks are already under staff forget about rotational shifts.
Read my message fully. I never said they should not get 2 days off. They should take off on rotation and keep the bank operational. They are a public facing entity and are getting paid from public money and not some free philanthropic service. So they should be for the public and not their own!
Will you be OK if bus & trains did not operate on weekends?
santosh_blr wrote:Any public facing utility should be operational during holidays. Banks should come up with a rotational shift approach and keep banks open 7 days a week because they are serving the people.
Now some private bank should come up with this model and businesses and people should shift from these useless kaamchor govt banks to these private players.
These private players don't open banks in rural area as it's not profitable for them,where 70% of people live India..but Public sector are having presence there with almost 30-40% of their total branch...most of these branches are not profitable...but still they have presence there..Now the government is pushing for digital banking..so PSBs are also improving their digital products..in village most people can't afford private bank MAB..so PSBs are providing them affordable service with the digital products...so public sector bank and private sector bank both should be there for a healthy competition... otherwise you are seeing the JIO dominance..first he provided free and now we are paying whatever they charge ..
akki.akki wrote:😝
those are generally for taking the applications kind of sales person. if you compare skill set between mall staff and bank there would be lot diffrence.
We use to go to bank on weekends.. Now we have to take leave to get the things done on banks.. For SBI tho we have to take more than a day leaves.
Last week went to sbi racpc for home loan enquiry.. They asked me to go the first floor for my query. There they asked me to go to second floor. From there third floor. After going to third floor every one was pointing different person. Finally my query solved. They explained me very well.. but before that wasted a lot of time to find a right person
BestDeals07 wrote:You are already paying even for these public sector banks. Let us not twist it to rural areas etc. They might have the needed time during the week to visit the bank. Problem is in the city where they have some nonsense rules for most transactions needing a visit to the home branch.These private players don't open banks in rural area as it's not profitable for them,where 70% of people live India..but Public sector are having presence there with almost 30-40% of their total branch...most of these branches are not profitable...but still they have presence there..Now the government is pushing for digital banking..so PSBs are also improving their digital products..in village most people can't afford private bank MAB..so PSBs are providing them affordable service with the digital products...so public sector bank and private sector bank both should be there for a healthy competition... otherwise you are seeing the JIO dominance..first he provided free and now we are paying whatever they charge ..
santosh_blr wrote:Noone force you to stick with the PSBs if you don't like their services just moveon to another private bank,if you want service...In banking the need differs from people to people..some want Convenience,some accessibility,some want VIP service and some people want affordable service...So the variety of customer is different with different need...PSBs are generating their profits and paying salary from their operating profit.So,you are not paying anything..when they generated profit they gave to government in dividend for years..In bad time they needed money so govt. Infused some capital that' all.there are many factors which dragging down the profits of these PSBs.. Political involvement in posting of the ED,MD of these banks and sanction of big ticket loans to corporate house... mismanagement, shortage of staff,loss making rural branches,,loan waiver by government etc...
You are already paying even for these public sector banks. Let us not twist it to rural areas etc. They might have the needed time during the week to visit the bank. Problem is in the city where they have some nonsense rules for most transactions needing a visit to the home branch.
Basic point is, if people in the city need to visit a public sector bank, they will need to take a day off with this rule! All this even after you give them your money? Aren't they here for your convenience?
Being bank employee it's much needed relief. Seeing one person you can't judge whole industry. Now a days Bank employee are working hard with wide Verity of service.
CostalWaves wrote:Yeah those who don't have any relatives in banking would never understand the pain. The jobs, particularly of officer ranks are too tediousBeing bank employee it's much needed relief. Seeing one person you can't judge whole industry. Now a days Bank employee are working hard with wide Verity of service.
PS: They usually work for 10-12 hours now!
BestDeals07 wrote:You miss the basic purpose of a bank! It is for the customers. And it should be convenient for the customers and not the people working there. I am not debating whether they need 2 days or 4 days off. I am telling that they should keep atleast Saturday open which helps their customers.
Noone force you to stick with the PSBs if you don't like their services just moveon to another private bank,if you want service...In banking the need differs from people to people..some want Convenience,some accessibility,some want VIP service and some people want affordable service...So the variety of customer is different with different need...PSBs are generating their profits and paying salary from their operating profit.So,you are not paying anything..when they generated profit they gave to government in dividend for years..In bad time they needed money so govt. Infused some capital that' all.there are many factors which dragging down the profits of these PSBs.. Political involvement in posting of the ED,MD of these banks and sanction of big ticket loans to corporate house... mismanagement, shortage of staff,loss making rural branches,,loan waiver by government etc...
decideaim wrote:
Yeah those who don't have any relatives in banking would never understand the pain. The jobs, particularly of officer ranks are too tedious
As if life is a bed of roses for people in other professions!
Have seen this expression by bank people time and again as if they are the only ones who are working hard in this world.
Doctors do 12-14 hour shifts daily. Police don't even have any fixed hours unlike you. Your maid turns up in the dot every day without fail, your office bus is always in time every day, your nearby grocery shop is open from 7am to 11pm for you.. same goes for your vegetable vendor.. think and you will see all other jobs too taking same or even more effort than you.
Exactly banks people are getting lots of perks. Only 2 saturdays in a month they need to work. Still they have problems? Givt should think about common people who try to visit bank on Saturdays. Not all people can take off in normal weekdays
anshulkansal wrote:Most people leave office at or after 6.30. Only fortunate ones reach home by that time.Yes Bank jobs are very tough and high demanding. Working hours for the public are till 3 30 but they actually reach home after 6 30 and reach office by 9 30 AM
Any public facing utility should be operational during holidays. Banks should come up with a rotational shift approach and keep banks open 7 days a week because they are serving the people.
Now some private bank should come up with this model and businesses and people should shift from these useless kaamchor govt banks to these private players.
I know few people working in SBI
No matter how much people mock the bank employees but it is one of the most hard working jobs(esp. SBI, cannot say about other Govt. Banks)
this may not apply to old generation system/employees
but the young generation employee have to work so much that even though they got the job after much effort and clearing the exam, they are willing to leave the banking job for very less salary
Bank employees are also human and common men I guess.