The Union Ministry of Finance issued an emergency administrative directive instructing all public sector and regional rural banks to keep their commercial branch networks fully operational on Sunday. The extraordinary weekend opening aimed to allow retail customers, corporate entities, and small businesses to execute essential cash clearances and financial transactions ahead of an impending three-day nationwide banking strike.
Senior finance ministry officials held urgent coordination video conferences with chief executives of public lenders, directing them to deploy additional cashier staff and ensure uninterrupted internet banking and automated teller machine functionality. Branch managers in commercial centers reported brisk counter footfall as citizens rushed to clear trade drafts, deposit government revenues, and process month-end payroll settlements.
Banking union representatives characterized the mandatory Sunday operating order as an aggressive administrative measure designed to diminish the economic impact of their scheduled industrial action. Financial sector analysts observed that while the emergency measure mitigated immediate retail disruption, protracted contract disputes require constructive institutional conciliation to avert recurrent systemic instability.
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Sources:
https://www.hindustantimes.com/india-news/why-are-banks-open-this-sunday-heres-what-prompted-govt-to-keep-banks-open-on-sept-27-101790312444062.html