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Banking sector under increasing pressure from second wave of Corona epidemic, increasing problems


Let me tell you that the Indian Banks’ Association (iba) wrote a letter to the government, demanding priority vaccination for bankers. The letter stated that 600 bank employees died due to the epidemic and that the death rate of bankers due to Kovid was four times higher than the general population.

Bankers, especially the public sector, are suffering the brunt of the second wave of the epidemic. Most bank jobs are classified as customer service and essential services. But where Bank While working for hours to help the common man Bankers like vaccination and access to public transport Frontline Facilities for workers have been denied. In addition, he remains under pressure to complete audits, annual accounts and annual work related to transfers.

Also read: CBIC directive – Life-saving drugs, oxygen equipment should be given top priority.

Let me tell you that the Indian Banks’ Association (iba) wrote a letter to the government, demanding priority vaccination for bankers. The letter stated that 600 bank employees died due to the epidemic and that the death rate of bankers due to Kovid was four times higher than the general population. Another reason for the public sector banks being badly affected is the low level of digital adoption by their customers.

In Mumbai, where most banks are headquartered, railway officials have said that employees of central government PSUs can travel by train. But the bankers complain that the authorities are preventing them from boarding the local trains. On the other hand, private bank employees are not allowed to travel.A senior official of a private bank said that, “Most junior officers are not able to travel through the city’s fares and distant suburbs.”

Also read: Indian banks strongly advocate in UK court to declare Vijay Mallya bankrupt

Meanwhile, the bank employees want some annual rituals to be delayed. Last year, SEBI extended the time to submit financial results for the quarter ended 31 March due to the lockdown. There is also a lot of pressure on the employees of the bank. As per government guidelines, banks are required to complete all their transfer promotions by June 2021. And it is necessary to complete the posting. Employees who are stationed in their hometowns are afraid of taking transfers to the metros due to the epidemic. But at the same time, there are employees who are stationed in the metros and are waiting to be transferred back after completing their tenure.

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