Banks set to curtail business hours, operate with 50% staff

Business hours may be limited from 10 a.m. to 2 p.m.

A spike in number of COVID-19 cases in recent weeks is likely to make banks in Telangana curtail business hours as well as operate many of their branches with half the staff strength. Under active consideration following several hundred bank employees and officers getting infected with the virus, these and a few more measures were discussed at a special meeting of the State Level Bankers’ Committee on Wednesday, multiple sources said. The SLBC decision, especially date from when the changes come into force, are likely to be conveyed late in the night, they said. According to the agenda of the meeting, the proposal was to have the arrangements in place from April 22-May 15. A clear picture will emerge on Thursday morning, source said.