The employee will not even know about the leave, the employee will not have to do any kind of physical or virtual work during the holidays.
A good news has been given by RBI for all the employees working in the bank. According to the new order of RBI, all employees working in sensitive positions in banks will be given surprise leave of at least 10 days in a year. Apart from merchant banks, this rule will also be applicable in rural development banks and cooperative banks.
As per RBI’s 2015 circular, employees working in departments like Treasury Operations, Currency Chest, Risk Modelling, Model Validation in the bank are considered vulnerable. These employees will be given 10 days leave every year. Even the employees themselves will not be aware of this. All banks have been informed about this by issuing an order by RBI.
As per the order issued by RBI, this policy has been prepared under the modified Risk Management Guidelines. In this, banks have been asked to review the list of sensitive posts as per the policy of their Board of Directors. RBI has asked to follow all these rules in the next 6 months. During these holidays, no physical or virtual work can be done from the employee except by e-mail.