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Weekend shutdown in Kerala evokes mixed response among stakeholders

Covid-19 has killed over 1,000 bank employees in India, says union

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.

As banks in Tamil Nadu shut shop due to strike, ATMs dry up, small industries hit

As banks in Tamil Nadu shut shop due to strike, ATMs dry up, small industries hit The two-day strike has been called to protest against the proposed privatisation of two state-owned lenders by the central government Share Via Email   |  A+A A- As staff of nationalised banks stage a protest against privatisation of banks, the office of a public sector bank wears a deserted look in Chennai on Monday. (Express Photo | Debadutta Mallick) Express News Service CHENNAI: Banking services in public sector banks across the state in the manual mode were disrupted as more than 60,000 bank employees from 160 branches joined the two-day strike to protest against the proposed privatisation of two state-owned lenders by the central government.

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