No 5-day long bank holiday: Banks to remain open on Saturday, March 31

No 5-day long bank holiday: Banks to remain open on Saturday, March 31
Banks will remain open on Saturday, March 31 (Representational Image, Courtesy: wefornewshindi.com)

Contrary to messages circulating on social media, banks will not remain closed for five consecutive days starting from Thursday, March 29, a union leader said on Monday.

“The banks will work on March 31 (Saturday) and there is no continuous holidays as per messages in the social media,” D. Thomas Franco Rajendra Dev, General Secretary of the All India Bank Officers Confederation told news agency IANS.

He said banks will be closed on March 29 (Thursday) and March 30 (Friday) owing to Mahaveer Jayanthi and Good Friday.

Saturday will remain open since it is the fifth Saturday of the month. Banks are only closed on second and fourth Saturdays.

On April 2 (Monday), the banks will remain shut for annual closing of accounts.

Earlier this week, messages warning of a five day long bank holiday and ATMs running out of cash were viral on social media.

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