Business Standard

Monday, December 23, 2024 | 08:48 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Coronavirus: Banks to ensure cash withdrawals, remittances at branches

The banks are working round-the-clock to ensure all digital channels are up to date and have all the information that you may need during this period

Bank Staff
Premium

IBA, lobby group of the Indian banking industry, said bank customers should visit the branch only in case of absolute necessity.

Abhijit Lele Mumbai
Amid lockdown in several states to contain the spread of COVID-19, banks will ensure at least four essential services — cash deposits and withdrawals, cheque deposition, remittances, and government transactions — at their branches from March 23. For the rest, depending on the situation in each branch, the banks may suspend other services, Indian Banks Association (IBA) Chief Executive Sunil Mehta said. 

IBA, lobby group of the Indian banking industry, said bank customers should visit the branch only in case of absolute necessity. Bank employees are also facing the same challenges that all people are. Most of the services that

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in