Banks to remain open this Saturday and Sunday to handle impending rush

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The Reserve Bank also came out with an order instructing all the banks to be open for business on the coming weekend, including Sunday. RBI also said ATMs will remain shut tomorrow as well.

The nation’s largest lender State Bank of India was among the first to announce an extension in banking hours, till 1800 hrs tomorrow and also said each of its branches will be having a dedicated ‘exchange counter’ to change the currency notes.

ICICI Bank Managing Director and CEO Chanda Kochhar said the bank’s branches will be open till 2000 hrs on Thursday and Friday. The bank also introduced a slew of relaxations on the electronic payments or withdrawals front.

All charges pertaining to cash deposit into one’s accounts will be waived till November 30 and the fees for transacting at ATMs will also be scrapped till December 31, ICICI Bank said in a statement.

It has also doubled the daily usage limit of debit cards for use at merchant ends as well as online transactions.

(Sourced from agencies, feature image courtesy:economictimes.indiatimes.com)  

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