Cyclone Fani: RBI asks banks to run branches beyond normal hours in Odisha
Cyclone Fani: RBI asks banks to run branches beyond normal hours in Odisha Banks told to open branches on all working days in all affected districts till six pm for banking transactions and cash withdrawal; should also work on Sundays, other holidays Current Affairs : As clients grapple with money mash after Fani cyclonic tempest injured media transmission and web benefits, the Reserve Bank of India (RBI) has guided banks to expand their administration hours in Odisha. “Banks have been told to open branches on all working days in all the influenced regions till six pm for banking exchanges and withdrawal of money. Further, banks ought to likewise work on Sundays and different occasions according to guidelines of the individual locale gatherers”, said M K Mall, local chief, RBI, Bhubaneswar. Whenever required, banks can broaden it further, he included. For opportune payment of money, the national bank has mentioned all the controlling leaders of the banks to give portab...