Covid-19 scare! Will banks reduce working hours?

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New Delhi: With a pointy rise in Covid-19 circumstances throughout the nation, financial institution unions at the moment are exhibiting their considerations in the direction of financial institution workers. Bank unions are requesting security measures for employees. They have now urged the Ministry of Finance to reduce the working days whereas looking for permission to run financial institution branches with a naked minimal employees. 

United Forum of Bank Unions’ (UFBU) Convenor Sanjeev Okay Bandlish wrote a letter to Debasish Panda, Secretary, Department of Financial Services, Ministry of Finance, saying, “As was applied final yr, there’s a necessity to limit bodily banking for subsequent 4-6 months. Banks could also be suggested to reduce working hours (say from 10 am to 2 pm).”

UFBU is an organisation that represents 9 banking unions throughout the nation. Bandlish additionally famous that banking must be restricted to five days every week to interrupt the chain. “This would cut the exposure of bank employees and the customers to a great extent without impairing services,” he added. 

UFBU additionally urged for the introduction of hub banking. The organisation steered that as a substitute of opening all branches, banks can provide banking amenities at just a few choose branches that can shield many financial institution employees from coming in touch with the coronavirus, thereby decreasing the chance of catching Covid-19. 

In the letter, UFBU additionally requested to permit financial institution workers to do business from home. “We call upon you to instruct all the banks to deploy minimum possible staff/officers at branches/offices. Measures like working with 1/3rd of staff strength, work from home, should be implemented for next 4-6 months. Staff/Officers to be called on rotation so that exposure is reduced,” stated Bandlish.

The UDBU Convenor additionally urged the ministry to prioritise vaccination for financial institution employees. “Considering the character of labor, coming in touch with a whole bunch of shoppers daily, bankmen carry increased danger. Having thought of as Frontline Covid Warriors by the Parliamentary Standing Committee, we name upon you to provoke measures to supply vaccination to all bankmen.”

 

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