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Public Sector Bank Privatisation: Sale Of Central Bank, IOB May Face Hurdles, Says Analysts

Public Sector Bank Privatisation: Sale Of Central Bank, IOB May Face Hurdles, Says Analysts
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India
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TS nod for vaccination of bank staff at workplace

TS nod for vaccination of bank staff at workplace Updated: Updated: Vaccination to be done by private hospitals Share Article Vaccination to be done by private hospitals Telangana government has permitted all banks and financial institutions, including the Reserve Bank of India (RBI) and NABARD, to vaccinate the employees as well as their family members by engaging private hospitals. The approval follows a request from the State Level Bankers’ Committee (SLBC) and the RBI for vaccination of their staff and family members, aged above 18 years. The Director of Public Health and Family Welfare, while conveying the go-ahead, said while doing so, the hospitals and the banking institutions should ensure that all vaccinations happen by registering in COWIN portal.

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Banks reduce working hours amidst COVID-19 pandemic, check timings and facilities you can avail

May 20, 2021, 11:21 AM IST New Delhi: In the wake of the onslaught of the second wave of COVID-19 pandemic, banks in India have reduced their working hours. Indian Banks’ Association (IBA) had last month written a letter to the State Level Banking Committee (SLBC) convenors on the seriousness of the second wave of coronavirus. “We are going through the challenging period of resurgence of the mutant virus with several states reporting record high daily numbers of new infections and there are serious concerns about the economic activities, the IBA had written. IBA has accordingly advised banks to restrict working hours between 10 am to 2 pm. Banks have implemented shorter banking hours on the advice of the IBA.

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Banks to continue 4-hr schedule till May 30

Essential banking services to be available during the time, says SLBC Bank branches in Telangana will continue to remain open for customers for four hours, from 8 a.m. to 12 noon, until May 30. This follows the State Level Bankers’ Committee on Thursday advising member banks to adhere to the four-hour schedule, to which branches had shifted a week ago, in the backdrop of lockdown in Telangana being extended up to the same date. As per an earlier advisory, the new timings for the branches were to be in force till May 20. “It is felt necessary to continue the existing banking timings (8.00 am to 12.00 noon), so that the general population of Telangana is not put to any inconvenience and can carry out banking transactions with ease during the lockdown period,” SLBC Convenor and SBI General Manager Krishan Sharma said in a communication to the controller of all banks.

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Bank employees worried with rise in COVID deaths

Bank employees worried with rise in COVID deaths G.V.R. Subba RaoVIJAYAWADA, Updated: G.V.R. Subba RaoVIJAYAWADA, Updated: While banking is an essential service, the staff are not treated as frontline workers Share Article AAA Customers wait in queue outside a bank as the shutter was downed partially to restrict their entry in view of COVID-19, in Visakhapatnam.   | Photo Credit: K.R. DEEPAK While banking is an essential service, the staff are not treated as frontline workers Deaths due to COVID have sent ripples of fear among bank employees in the State. The staff of the nationalised and private banks are in a tizzy with positive cases and deaths being added to the list every day.

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