In the information sent to banks including Rural Development Bank and Co-operative Bank, RBI has asked to prepare a policy of giving unexpected leave under Prudential Risk Management Guidelines.
No responsibility for physical work
During such leave, the Bank employee concerned will not have any work related responsibility in any manner – physically or online – except through internal/corporate email. The facility of internal/corporate email is available with the bank employees for general purpose.
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RBI said, “As a prudent operational risk management measure, banks will implement an unexpected leave policy, wherein employees posted in sensitive positions or areas of operation will be compulsorily granted leave for a certain number of days (not less than 10 working days) every year. to be sent on leave. This leave will be given to these employees without prior notice.
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RBI has updated the Mandatory Leave Policy
Earlier, the RBI had not specified the number of days for such leave in its earlier guidelines on the issue in April 2015. Although he said that it could be a few days (10 working days). RBI has updated the mandatory unexpected leave policy for employees in sensitive positions or areas of operation and repealed the circular dated April 23, 2015.
RBI gives 6 months time to banks
Banks have been asked to prepare a list of sensitive posts as per the approved policy of their Board of Directors and review the list from time to time. RBI has asked banks to comply with the revised instructions within six months.