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AIBOA appeals to President of India against privatisation of two PSBs
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Banks Have Lost Over 1,000 Employees To Covid, Many More Infected: Report
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Singapore Limits Taiwan Travel; U.S. Cases Slow: Virus Update
Bloomberg 1 hr ago
U.S. schools should maintain mask requirements at least through the end of the academic year, the Centers for Disease Control and Prevention said. Singapore tightened travel with Taiwan after cases jumped in the two Asian nations that had been pandemic success stories.
Businesses from Walt Disney Co.’s theme park in Florida to Walmart Inc. have loosened their mask requirements after the CDC’s Thursday announcement. Governor Andrew Cuomo said that more than half of New Yorkers 18 years and older are now fully vaccinated.
Covid has killed more than 1,000 bank employees in India, which has declared banking services essential even as the disease ravages the country, a key industry body said.
Indian banks have lost more than a thousand employees and many more are infected, according to a industry body, underscoring the heavy toll virus has taken in the Asian country battling the world’s worst coronavirus crisis. “We have lost more than 1,000 colleagues already,” S. Nagarajan, general secretary of the All India Bank Officers’ Association told Bloomberg News over phone on Saturday. “Bank employees are frontline workers and the virus is affecting them.” With more than 24 million people sickened in India and over 266,200 dead amid the world’s fastest-growing outbreak, bulk of Indian states are in a lockdown with strict stay-at-home orders. But the banking sector is slotted as an essential service and partially exempt from the lockdown orders. Lenders are allowed in some cases to call as much as 50% of their workforce in bank branches to avoid any disruption in banking services.
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