The State Bank of India (SBI) has announced special payments to its staff working in bank branches during 21-day shutdown to battle coronavirus.
In a circular, SBI announced that it has been decided to pay 'one-day's salary' (Basic Pay DA) for every six working days on which an employee has worked, starting from 23 March up to 14 April or till the end of the lockdown period, whichever is earlier. "In recognition of the selfless service being rendered by our employees to the customers in these challenging circumstances, it is felt appropriate to provide such employees with some additional payment.
The Bank is sensitive to the concerns of its employees and is in solidarity with them in their dedicated efforts," SBI said in the circular.