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Anxiety up for bank staff as cases rise

Anxiety up for bank staff as cases rise Updated: Updated: May 03, 2021 23:55 IST Three large banks switch to operations with less staff, govt nod must for change in timings Share Article AAA Three large banks switch to operations with less staff, govt nod must for change in timings Almost two weeks after the State Level Bankers’ Committee (SLBC) recommended banks be allowed to reduce business hours and operate with limited staff, anxiety levels run high among banks employees with the Telangana government yet to give approval for the measures. Compounding their worries is the unabated increase in number of people testing positive for COVID-19, including hundreds of bank employees and officers. The nature of their job, especially those manning counters at the branches, puts them at risk of contracting the virus.

Bank employees wait for relaxations

Bank employees wait for relaxations Updated: Updated: Measures to limit business hours, operating with 50% staff await State government nod Share Article Measures to limit business hours, operating with 50% staff await State government nod Bank employees wait for implementation of a clutch of relaxations, mooted in the wake of a surge in COVID-19 cases, continued on Friday with Telangana government presumably taking time to study implications of such measures. The matter is before the Chief Secretary, sources among bankers said, expecting the State government decision to be known soon. A decision on April 24, which is a holiday on account of 4th Saturday, would help banks plan accordingly from Monday, a source added.

Break the chain: IBA asks banks to restrict services in view of surge in Covid-19 cases

Break the chain: IBA asks banks to restrict services in view of surge in Covid-19 cases April 22, 2021 Working hours could be restricted from 10 am to 2 pm The Indian Banks’ Association has asked banks to follow the Covid-19 pandemic related standard operating procedures (SOPs) it issued last year, whereby they will provide only essential customer services, business hours will be shortened, and employees will be called on rotational basis to break the transmission of the coronavirus in the second wave. Under the SOPs, banks will continue to provide four essential services cash deposits and withdrawals, clearing of cheques, remittance and government businesses.

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