Chennai, Aug. 3 -- Contrary to their earlier decision, several public sector banks have decided to keep their branches closed today, said a top official of All India Bank Employees' Association (AIBEA).

However some banks have instructed their Business Correspondents office to be open and the automatic teller machines (ATM) to be loaded with sufficient cash so that farmers can withdraw cash today under the Pradan Mantri Kisan Samman Nidhi (PM-Kisan) scheme.

"It seems the banks have realised the legal infirmities raised by the bank unions in opening the branches on Sunday and decided to reverse their earlier decision," C.H.Venkatachalam, General Secretary, AIBEA, told UNI.

Indian Bank, Union Bank of India, Bank of Baroda while announcing ...