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Home Business & Corporates

RBI gift to bank employees, 10 surprise leaves will be given every year

Lagatar News by Lagatar News
July 10, 2021
in Business & Corporates
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Lagatar Desk: The Reserve Bank has given a big gift to the employees working in the bank. Bank employees working in sensitive posts will be given surprise leave of at least 10 days every year. Let us tell you that the personnel will not have any information about this surprise leave. He will be suddenly offered this leave by the bank. This new rule will also be applicable to commercial banks, rural development banks and co-operative banks.

Surprise leave for 10 days

As per RBI’s 2015 circular, bankers who work in sections like Treasury Operations, Currency Chest, Risk Modelling, Model Validation are considered vulnerable. The Reserve Bank will also issue a list of sensitive posts, who will be given a sudden leave of 10 days every year under “mandatory leave”.

Banks have been given six months

RBI has sent a notice to other banks including Rural Development Bank, Co-operative Bank. In the notice, RBI has asked the bank to formulate a policy of granting unexpected holidays as a prudential risk management measure. Banks have been given six months for this.

Bank employees will get relief from this decision

RBI has asked banks to comply with the revised instructions within six months. This decision will definitely give some relief to the people working in the bank. This holiday can also prove to be useful to reduce the increasing stress from daily work.

Work will not be made done by the workers on leave

Employees on surprise leave will not have to do any physical or virtual work except internal and corporate email.

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