TIWN

New Delhi, July 9 (TIWN) The Reserve Bank of India (RBI) has directed banks to come up with board-approved policies to send employees posted in sensitive areas on a mandatory leave of at least 10 days during a year.
The leave would be given without any prior intimation.
"As a prudent operational risk management measure, the banks shall put in place a 'mandatory leave' policy wherein the employees posted in sensitive positions or areas of operation shall be compulsorily sent on leave for a few days (not less than 10 working days) in a single spell every year, without giving any prior intimation to these employees, thereby maintaining an element of surprise," the RBI said in a circular.
The central bank has said that banks shall ensure that the employees, while on 'mandatory leave', do not have access to any physical or virtual resources related to their work responsibilities, with the exception of internal or corporate email which is usually available to all employees for general purposes.
- Indian Railways Deploys AI Enabled Intrusion Detection System to Prevent Elephant Collisions in 141 RKms on NF Railway
- Gautam Adani meets Andhra Pradesh CM Chandrababu Naidu in Amaravati
- Indian Rupee Plummets to Record Low Past 90 per US Dollar
- Trump Administration Removes Tariffs on Over 200 Food Items Including Beef
- Indian media and entertainment sector projected to cross $100 billion by 2030


