Public sector banks (PSUs) have provided insurance cover to employees in case of an unfortunate death due to the deadly virus.
Banks have also expressed their commitment to ensuring the well being of their employees by providing protective gear and medical care. statBanks have appointed dedicated doctors for its employees and also set up helpline to attend to the concerns of staff.
“Salute to all bankers providing services across India in this critical time. To ensure their safety, PSBs have provided health cover (incl of #Covid-19) to all employees and also lumpsum compensation in case of an unfortunate death due to #Corona,” the Finance Ministry said in a tweet.
According to sources, banks have designed their own customised product keeping in mind interest of their employees and up to Rs 20 lakh lumpsum amount will be paid to relative in case of unfortunate event due to #Corona,” the Finance Ministry said.
