People, who'll be required to do any banking transactions in first week of September, please make the arrangements to do them before the first week of September. It has been expected that the first 5 days of September might be holiday for banks in India. It has been speculated that, though the second and fourth Saturdays are only holidays for banks, this weekend, which happens to be first Saturday might be a holiday.
After September 1 which is Saturday, September 2 is a Sunday and September 3 happens to be Janmashtami, and since September 4 and 5 are expected to have strike by RBI officials which is sure to impact banking transactions. With RBI officials always saying of this strike, since long time, it is said that 4th and 5th will definitely have a strike.
On the other hand SBI had changed
IFSC codes of more than 1300 branches and had intimated customers to change to
chip card which is again going to be a trouble for bank customers.
136 people died after a ferry capsized on Lake Victoria, Tanzania Accordingly many are missing and it is feared that more than 200 people in total may have drowned. Rescue efforts resumed on Friday after being halted overnight. As per report the MV Nyerere ferry overturned near Ukara Island on its way from Bugorora. Meanwhile it is thought the overloaded vessel tipped over when crowds on board moved to one side as it docked.
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