It’s a good news for Bank Employees in India. The banking sector will have a long vacation this week 4 continuous offs. Starting March 24 banks will be closed for business for four days in a row until March 27. This is all because of the coinciding dates of the list of holidays. Customers won’t be able to conduct bank transactions at branches for these 4 days.

All banks will be closed from Thursday to Sunday, although the lenders assure that they will fully load ATMs for meeting people’s cash needs. Banks are trying to ensure that ATMs remain operational during these days.

List of Holidays To The Bank Employees:

March 24 (Thursday) – Holi.

March 25 (Friday) – Good Friday.

March 26 ( Saturday) – (Second and fourth Saturdays of the month are holidays).

March 27 (Sunday).

Owing to this long closure, banking services will affect business transactions. While the banking activities will come to a halt.

IDBI Bank may be closed for an extra day if the strike call was given by a section of officers and employees of the bank on March 28 (Monday) materializes. The staffers, belonging to the All India Bank Employees Association (AIBEA) and All India Bank Officers Association (AIBOA), have given the strike call to protest against the government move to privatize IDBI Bank.

The government owns around 80 percent stake in the bank. In Budget 2016-17, finance minister Arun Jaitley had said the government was open to bringing down its stake in IDBI Bank to below 50 per cent.