The opening hours of public sector banks have changed. From April 18, all banks are opening one hour ahead of time i.e. from 9 am. However, there has been no change in the closing time of the bank. Let us tell you that this reshuffle of time has been announced by the Reserve Bank i.e. RBI.
Let us tell you that before this decision, all government banks used to open at 10 am. At the same time, after the instructions of RBI, banks have started opening from 9 o’clock. The purpose of RBI behind this decision is to provide relief to the people. Due to this from now on people will get one more hour to do banking related work. At the same time, the people going to the office will benefit the most.
A big change in the rules of cash withdrawal
Along with this, the Reserve Bank has also started a new rule regarding cash withdrawal. Under this, the process of cash withdrawal will be completely cardless from now on. This means that from now on there will be no need for any debit card or ATM card for cash withdrawal. This cardless transaction process will be done through UPI. Let us inform you that RBI has taken this step in view of the fraud taking place on the card.
Source: TV9
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