The RBI has prepared a 'war room' at the emergency level to protect the country's financial system from deadly coronavirus. Along with this, 90 important central bank employees are continuously working in this war room. According to an RBI official, this war room has been prepared under the 'Contingent Action Plan (BCP)'. Along with this, he told that this emergency room has been in operation since 19 March. At the same time, he told that this room is active for 24 hours. According to the officer, "This is the first time any central bank in the world has implemented such a BCP." This is the first time in the history of RBI because such arrangements were not made during the Second World War as well.

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According to the official, this war form is looking at the handling things like debt management, store management, and monetary operations. Also under this system, other data centers of the Reserve Bank are handling important services like Structured Financial Messaging System (SFMS), Real-time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT). Apart from these, e-Kuber has also been arranged. Under this, the transactions of Central and State Governments and transactions from one bank to another, etc. are being managed. On the other hand, the official told PTI, "This is a model that is being tried to be implemented in our financial system and possibly for the first time in the whole world."

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Common BCP occurs during software and hardware related problems, fires, and natural disasters. Along with this, no one has the kind of plan that the Reserve Bank has prepared for the coronavirus epidemic. "While the RBI usually manages billions of transactions and in its central and 31 regional offices Around 14,000 people work. According to the official, around 1,500 people manage the important services under the war room. According to sources associated with the RBI employees' association, only 10 percent of the employees have been coming to the central office for more than a week.

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