April 15, 2021
The United Forum of Bank Unions (UFBU) has requested the finance ministry to reduce the business hours of banks, bring in five-day week, and allow hub banking in a bid to break the Covid-19 transmission chain and protect bank employees and their families.
Sanjeev K Bandlish, Convenor, UFBU, in a letter to the Debasish Panda, Secretary, Department of Financial Services, Ministry of Finance, said: “As was implemented last year, there is a necessity to restrict physical banking for next 4-6 months. Banks may be advised to reduce working hours (say from 10am to 2pm).
“Similarly, banking should be restricted to 5 days in a week, to break the chain. This would cut the exposure of bankmen and the customers to a great extent without impairing services.”
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