Indian banks plan to shut down most branches during lockdown: Sources

Under the plan, in major cities there would likely be only one bank open every five kilometres, the sources said, declining to be identified as it has not yet been publicly disclosed. In the countryside, where 70% of people live and often rely only on cash, banks will likely operate on alternate days and redeploy staff to only allow disbursal of welfare cash to the poor.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2UFdljt