Banks to run from 8am to noon in Telangana: SLBC

HYDERABAD: In view of the lockdown in the state, Telangana State Level Bankers’ Committee (SLBC) on Wednesday informed banks in the state that all branches will have to operate for four hours from 8 am to 12 noon to render essential services like cash deposits, withdrawals, remittances, clearing of cheques and government businesses.
The SLBC said that staff at branches and administrative offices may be allowed to work on rotational basis. However, banks would have to take decisions in this regard for effective implementation at the ground-level without affecting services. The arrangement would be implemented from May 13 to May 20.
Meanwhile, all back-office services of the banks like currency chests, ATM cash loading vendors, core banking solution projects, offices in data centre, data recovery centres offices, forex back offices and SWIFT centres will function as per the normal routine. The SLBC has also requested the government to give priority to all bank staff and their family in the vaccination drive.