Get Ignite
TRENDING
  • Submit Press Release
  • Our Team
  • Editorial Policy
  • Home
  • Crypto News
  • Finance News
  • Gaming News
  • Tech News
  • Tech Guides
  • Editorial
Get Ignite

Branches of all banks have opened across the country from Monday

by Afroz Khan
in Finance News
2 min read
Branches of all banks have opened across the country from Monday
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The operations of all banks have started to normal since Monday amid a lockdown across the country to prevent the growing coronavirus infection across the country since Monday. The last week of March is underway and it is time for most people to get salary and pension. As the pressure on banks’ branches was likely to increase, the government has issued an advisory to normalize the functioning of banks.

Finance Minister Smt @nsitharaman today made one-to-one calls with CMDs of all public sector banks. @TheOfficialSBI @pnbindia @MyIndianBank @canarabank @UnionBankTweets @IOBIndia @AllBank1865 @bank_andhra @BankofIndia_IN @bankofbaroda @mahabank @centralbank_in @CorporationBan2

— NSitharamanOffice (@nsitharamanoffc) March 28, 2020

The Department of Financial Services has asked banks to keep all the medium of their operations running and make regular functioning arrangements in all branches even during the lockdown. This bank opening directive will no longer make people cope with any problems in their financial transactions. During the lockdown, the banks’ branch will open from 10 am to 2 pm.

The Department of Financial Services in its advisory has also taken special care that rural customers can also get the full benefit of banking services. The Government of India had announced a relief package of Rs 1.7 lakh crore to help low-income groups to meet the challenges arising out of the coronavirus.

Advertisements

This amount of government help will soon come to the bank accounts of these people. By opening the bank, these people will be able to use their money at the right time. The advisory directs all banks in the country to call limited staff in their branch for work during the lockdown. At the same time, banks have been asked to arrange the minimum necessary service required for their staff in these circumstances.

The essential banking services such as cash depositing and removal, cheque clearing, government transactions, and ATM services will continue. Banks had limited their operations during lockdowns that began last week across the country. In urban and semi-urban places, banks were opening one of their branches within a radius of 5 kms, while in rural areas they were leaving one day to open branches.

Afroz Khan

Afroz is a business reporter at GetIgnite with a focus on regulators, lawmakers, and institutions. He was previously a news, science, technology and community reporter and editor with The Daily Targum. His work has been featured in The Nation and referenced by The Washington Post, ZDNet, Gizmodo, NJ Advance Media, and The Philadelphia Inquirer.

ShareTweetSend
Previous Post

Corona: Maruti Suzuki to make ventilators and masks

Next Post

Rising corona cases scare market, Sensex surges 1,375 points

Related Posts

Google Pay: Your personal data is being stored? Case in Delhi High Court on 14th
Finance News

Google Pay: Your personal data is being stored? Case in Delhi High Court on 14th

0
IRCTC
Finance News

IRCTC New Website: 10,000 tickets booking every minute

0
sensex
Finance News

Brexit Trade Agreement: Sensex-Nifty’s new record, reaches new high

0
Chinese economy
Finance News

Chinese Economy Prepare to Surpass the U.S earlier than anticipated

0
GDP growth to remain positive in FY21 3rd quarter, faster than expected recovery: RBI bulletin
Finance News

GDP growth to remain positive in FY21 3rd quarter, faster than expected recovery: RBI bulletin

0
Titan’s second-quarter results: Profit down 38% to Rs 199 crore
Finance News

Titan’s second-quarter results: Profit down 38% to Rs 199 crore

0
Next Post
Rising corona cases scare market, Sensex surges 1,375 points

Rising corona cases scare market, Sensex surges 1,375 points

Trending News

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

About Us

At GetIgnite, We aim to bring impartial and accurate news and information about a wide range of topics within the Finance and Technology Field. We are a team of enthusiasts and professionals who work hard to produce a reliable piece of information. We cover a broad segment of the FinTech Industry and attempt to provide updates about changes taking place in this fast-paced world.

Contact Us

Email us at [email protected]

  • Home
  • Crypto News
  • Finance News
  • Gaming News
  • Tech News
  • Tech Guides
  • Editorial
Advertisements
  • About Us
  • Contact Us
  • Editorial Policy
  • Privacy Policy
  • Terms And Conditions
  • Use Of Cookies
  • Our Team
  • Submit Guest Post

© 2021 GetIgnite. All Rights Reserved.

  • Home
  • Crypto News
  • Finance News
  • Gaming News
  • Tech News
  • Tech Guides
  • Editorial

© 2021 GetIgnite. All Rights Reserved.