Select bank employees may get 10 days extra leaves! Check eligibility and other details

This is not the first time when RBI had directed banks to send its employees on special leave to increase the scrutiny on bank’s operations to tame the rising number of frauds. 

New Delhi: The Reserve Bank of India (RBI) has directed banks to send important staff on a minimum of 10 days of surprise leaves. RBI’s motive behind sending a select staff on leaves for a few days is to tighten the noose on its risk management guidelines, aiming to reduce the number of bank frauds in India.  Moreover, RBI has also asked banks to ensure that the employees sent on special leaves don’t have any access to banking operations via any physical or virtual resources during the holidays.  "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/ corporate email which is usually available to all employees for general purposes," RBI said in its notification.