Banks, insurance firms to work as usual in new guidelines for Lockdown 2.0

Bank branches are allowed to work as per normal working hours till disbursal of DBT cash transfers are complete

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Data and call centres for government activities, and online teaching and distance learning are all permitted activities now.

BS Web TeamAgencies New Delhi
The government on Wednesday said important financial services like banking and insurance will continue to function during the lockdown period to help people meet their financial needs.

This comes as fresh guidelines for the second phase of the lockdown, which will be in effect till May 3.

"To mitigate hardship to the public, select additional activities have been allowed which will come into effect from 20th April. 2020. These limited exemptions will be operationalized by states/UTs / district administrations based on strict compliance to the existing guidelines," the MHA directive noted.

As per the revised guidelines, IT vendors for banking operations, banking correspondents, ATM operations and cash management agencies will also be functional.

Bank branches are allowed

First Published: Apr 15 2020 | 2:38 PM IST

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