The government also hiked the contribution of public sector banks for employee pensions under NPS to 14% from 10% earlier.
The move is part of RBI's risk management norms that are aimed at curbing frauds and scams
IBA has asked banks to call employees on rotational basis
As many as 40% of bank employees in Bengal are infected, unions claim as they move the government for reducing banking hours
Out of the total strength of 13.5 lakh employees in the banking sector, about 600 unfortunate deaths due to COVID-19 were recorded, as per the Indian