RBI asked the bank to decide at the level of their council, employees who will be considered “sensitive” in mandatory leave requirements.
In an effort to tighten the risk management guidelines, the Bank of India (RBI) reserves have asked the bank to send vital staff on mandatory surprise leaves for a minimum of 10 days.
“Employees posted in sensitive positions or operating fields must be required to be sent on leave for several days (no less than 10 working days) in a single spell every year, without giving the previous intimacy to this employee, thus maintaining a surprise element” RBI said.
“Banks must ensure that employees, during mandatory leave, do not have access to any physical or virtual resources associated with their work responsibilities, with the exception of internal email / companies that are usually available for all employees for public purposes,” it added.
The central bank first issued a direction of mandatory leave in April 2015. This is part of the central bank’s efforts to curb fraud.
The revised instruction must be applied to all banks within six months.
The RBI also asked the bank to decide at the level of their council, employees who would be considered “sensitive” in terms of mandatory leave.
