There will be no shortage of money, bank branches will remain open

Mar 28 2020 11:54 AM
There will be no shortage of money, bank branches will remain open

Coronavirus outbreaks are increasing in India. Bank branches will remain open during the 21-day nationwide lockdown that began in the country on Wednesday. Financial Services Secretary Devashish Pandey has said this. Eliminating rumors of closure of bank branches, he said that customer service branches have been included in essential services. The Financial Services Secretary has assured the customers that there is no shortage of cash in the banks. He also asked people not to believe in the rumor of closure of bank branches.

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On this matter, Panda said in a tweet, 'Customer service bank branches are on and will continue to provide services. There is no shortage of cash in ATMs and bank branches. Ignore the rumors of bank branches closing. '

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Many public and private sector banks have cut their working hours in view of the coronavirus epidemic. In order to maintain social distance in view of the outbreak of Coronavirus, the country's largest bank State Bank of India has also cut its working hours. PK Gupta, managing director of retail banking at SBI, told PTI, 'In many states, we have reduced the opening hours of the branch. Like in many states it is from 7 am to 10 am, in some states from 8 am to 11 am and in some states from 10 am to 2 pm.

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