Banking reform push: Government weighs 5-day week; denies delay due to manpower shortage

The Indian Banks’ Association’s proposal for a five-day work week in banks, declaring all Saturdays as holidays, is under government consideration. While the finance ministry acknowledges the proposal, it clarifies that implementation is pending, denying staff shortages as a hindrance. The decision, driven by calls for improved work-life balance, awaits further consultations and final approval….

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Chartered Accountant stalwart passes away: TN Manoharan dies; ex-ICAI president leaves rich legacy

T N Manoharan, renowned chartered accountant, former chairman of IDBI Bank and one of India’s most respected financial minds, passed away on Wednesday. He was widely acknowledged for his leadership in major institutional recoveries, including the turnaround of Satyam Computers following one of India’s biggest corporate frauds.A former president of the Institute of Chartered Accountants…

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