As per newspaper reports, Indian Finance Ministry has directed the Public Sector Banks to work full day on 07/04/2012 (Saturday)
All the newspapers are repeating the same story, so at this moment this must be true.
Well, now the timings for RTGS/NEFT too will be extended, as otherwise it will not be of much use, if only PSBs’ only work for extended hours.
The major beneficiaries will be bank customer’s who would like to access their safe deposit lockers, on a Saturday afternoon.
Bank customers should be encourage to utilize alternate banking channels and reduce the dependency on physical bank branches.