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Govt directs banks to remain operational during 21-day lockdown: Report

Banks have also been asked to ensure welfare cash schemes that are part of a $22.6 billion government stimulus reach the poor

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State Level Bankers' Committee (SLBC) of West Bengal issued an advisory to all the banks in the state to remain operational on all working days

Reuters New Delhi/Mumbai
The government has directed all its banks to remain operational during the three-week coronavirus lockdown as part of essential services and to ensure welfare cash schemes that are part of a $22.6 billion government stimulus reach the poor.
 
"It is very crucial and critical to keep banking channels open and make sure that branches and banking correspondents function throughout the lockdown period, so that people do not face any hassles or problems in their financial transactions," said a March 27 government order

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First Published: Mar 30 2020 | 3:39 PM IST

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