New Delhi, August 29: Bank holidays and a mass leave call by the employees of Reserve Bank of India (RBI) is likely to affect banking operations, especially in North India, where banks will be closed on Janmashtami on Monday, September 3. It is advised to keep cash handy before September 1, which will be followed by four straight days of banking operations being affected.

Banks will be operating on September 1, which is the first Saturday of the month. On September 2, banks will remain shut as it is Sunday. On September 3, Monday, some banks, especially in parts of North India will have a holiday due to Janmashtami.

Following this, banking operations are likely to be crippled due to the two-day mass casual leave on September 4 and 5 called by the United Forum of Reserve Bank Officers and Employees (UFRBOE). "UFRBOE has called the mass casual leave on September 4 and 5 which will be participated by all officers, paralysing the central bank's functions for two days," UFRBOE member and All India Reserve Bank Employees Association General Secretary Samir Ghosh said.

The demands include providing an option to contributory provident fund (CPF) retainers to switch over to pension scheme, and grant of additional provident fund (APF) to those recruited in the bank from 2012.

(The above story first appeared on LatestLY on Aug 29, 2018 12:26 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).