Banks to work as usual
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Updated:
Doubts remain whether customers will be able to visit branches
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Doubts remain whether customers will be able to visit branches
Banks will function as usual during the 10-day lockdown beginning May 12 in Telangana though questions remain on the customer footfall their branches are likely to receive.
“Banks, ATMs, insurance services and related activities” figure in the list of permitted activities according to the Government Order on the lockdown issued on Tuesday evening.
Though they have been asked to operate as usual, it is unlikely customers will find it easy to access branch banking services since the lockdown will be in force from 10 a.m. Most branches open at 10 a.m. while some start functioning from 9 a.m., sources in banks said, pointing to how keeping the facilities open when restrictions on movement of people are in place may not serve any purpose.
Updated:
May 04, 2021 11:29 IST
Three large banks switch to operations with less staff, govt nod must for change in timings
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In State Bank of India alone, 900-odd staffers have contracted the COVID-19 infection during the second wave while in Union Bank of India, the number is around 400-500. File photo
| Photo Credit: NAGARA GOPAL
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.
Anxiety up for bank staff as cases rise
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Updated:
May 03, 2021 23:55 IST
Three large banks switch to operations with less staff, govt nod must for change in timings
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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.
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