homefinance NewsCoronavirus in India: No 'work from home' for banking sector

Coronavirus in India: No 'work from home' for banking sector

Coronavirus in India: No 'work from home' for banking sector
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By Ritu Singh  Mar 17, 2020 6:50:33 PM IST (Updated)

One of the top private banks in the country told CNBC-TV18 that the bank’s branches are fully functional, and no rotational shifts or work from home policies are being implemented.

Banks across India are working at almost full strength to ensure availability of essential banking services to their customers amid a global health crisis. CNBC-TV18 spoke to a handful of top public and private banks to assess the preventive measures being put in place to ensure business continuity keeping the safety of employees in mind.

One of the top private banks in the country told CNBC-TV18 that the bank’s branches are fully functional, and no rotational shifts or work from home policies are being implemented as of now. “Banking is an essential service, we can't just ask our employees to leave,” said a senior executive from this bank.
“Whatever corporate functions can be carried out from outside locations or homes are being carried out remotely,” he added, saying whoever has requested for leaves due to health reasons has been granted leaves, but branches have the usual number of employees to carry out day to day functions.
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