Banks in Uttar Pradesh from Thursday until May 15 will be operational for just 4 hours per day. The timings are from 10 am to 2 pm.
A decision to this effect was taken in view of the surge in Covid cases at a meeting of the State Level Bankers Committee (SLBC) held via video conferencing on Wednesday.
For internal work, banks will remain open till 4 pm said SLBC officials. The decision can further be extended after assessment of the Covid 19 situation.
The United Forum of Banks Union spokesperson, Anil Tiwari, said: “The decision has been taken as a precautionary measure to protect bank employees. Only 50 per cent of the staff will work daily on a rotation basis. The new rule will be implemented in all public and private banks from Thursday.”
SLBC is a state level body comprising general managers and senior employees of public and private banks in Uttar Pradesh.
For investment related articles, business news and mutual fund advise
You have already subscribed