IFSCA has issued List of Public Holidays and banking business hours for IBUs. It is clarified that IBUs shall observe Public Holiday on second and fourth Saturdays of every month. The banking business hours of IBUs shall be from 9:45 a.m. to 5:30 p.m. during working weekdays and working Saturdays.
IBUs shall make necessary arrangements to provide banking services beyond the banking business hours to meet the specialised banking service requirements of its clients.
IBUs shall communicate its banking business hours, including business hours to meet specialised banking service requirements of its clients, to the Authority and to its clients and other constituents.