Standard Chartered to reimburse Covid expenses of 25,000 employees

Bankers are particularly vulnerable as they have to keep branches open; already over 1,000 bankers have passed away due to the pandemic

File photo of a woman walking down the stairs of the Standard Chartered headquarters in Hong Kong. (Photo: Reuters)

Anup Roy Mumbai
Standard Chartered Bank on Tuesday said it will reimburse the medical expenses of its over 25,000 employees in the bank and  the global business services unit and their family members for Covid treatment.
Many Indian firms have announced similar schemes for their employees. Bankers, in particular, are vulnerable as the work involves dealing with people on a daily basis. More than 1,000 bankers have already died of Covid, according to the Indian Banks’ Association.

First Published: May 18 2021 | 4:45 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to