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Coronavirus Outbreak: Here's How Indian Banks Will Function Amid Nationwide Lockdown

With the country already in lockdown mode, banks will just provide only a few essential services starting Monday.  Customers can withdraw and deposit money as per their needs. Clearing of cheques, remittance facilities and government transactions are also enlisted among essential services. 

"We request all our customers to bear with us as other non-essential services during this period may be suspended," Indian Banks' Association said in an appeal to customers. Meanwhile, all bank ATM's will be in operation across the country. 

The central government has announced the lockdown of 75 districts till March 31, seeing the emergence of COVID-19 cases all around the country. The decision was taken at a high-level meeting attended by chief secretaries of all states. 

Several banks in the meantime have decided to stop their entire workprocess, while some others are working with a minimum staff of at least 50 percent. The percentage working from office are advised to work on multiple shifts while the rest are advised to work from home.

Meanwhile, the government will be allowing only basic services in the 75 districts that have been asked to lockdown. The districts where lockdown was announced are from states that include Uttar Pradesh, Maharashtra, Punjab, Karnataka, Tamil Nadu, Kerala, Delhi, Rajasthan, Gujarat among others. The state governments may expand the list depending on their assessment of the situation. 

 

The entire country got united as they followed the PM's request to follow Janta Curfew on Sunday. Doing this, India followed the footsteps of Spain and Italy in a way of applauding the efforts of the doctors and nurses who are constantly working to prevent the spread of Coronavirus. 

Author: ANSHUMAN ROY   

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