Tuesday, May 28, 2024

SBP Announces Revised Working Hours for Ramadan 2024

The State Bank of Pakistan has introduced revised working hours for all banks, development finance institutions, and microfinance banks during the holy month of Ramadan 2024, as stated in a recent announcement by the central bank.

Starting from Monday through Thursday, the working hours will be from 09:00 am to 03:30 pm, with a break for prayer scheduled from 2:00 pm to 2:30 pm.

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On Fridays, offices will operate from 08:30 am to 1:00 pm without any breaks, according to directives from the central bank.

For public dealings, banks are advised to observe working hours from 09:00 am to 02:00 pm without interruption from Monday to Thursday, and from 08:30 am to 1:00 pm without any breaks on Fridays.

The SBP emphasized that these adjusted timings are specific to the month of Ramadan-ul-Mubarak and will revert to pre-Ramadan hours once the month concludes.

In related news, Ruet-e-Hilal Committee Chairman, Maulana Muhammad Abdul Khabir Azad, has called for a meeting to sight the Ramadan crescent in Peshawar today (Monday). The committee will convene to determine the start of Ramadan for the Hijri year 1445.

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Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.

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