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Big Decision Bank of Baroda ! Employees may have to permanent work from home

Bank of Baroda is the first public sector bank in the country, which is considering a policy to make work from home for a section of its employees.




new Delhi. In the Corona era, most companies are motivating their employees to work from home. Given the growing transition of Corona, people are doing work from home. In such a situation, the country’s public bank, Bank of Baroda, can also take a big decision in this direction. According to a report published in Business Today, Bank of Baroda is the first public sector bank to consider a work-from-home policy for a section of its employees.

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Appointed a management consultancy firm-BOB has recently merged Vijaya Bank and Dena Bank. The bank has also appointed management consultancy firm McKinsey & Company (McKinsey & Co) to suggest implementing this strategy after Kovid. Bank of Baroda CEO Sanjeev Chaddha said that the bank is considering the policy in this way. Banks should take care of their employees and their health after the epidemic.



While announcing the financial results, Chadha explained this strategy of the bank while announcing the bank’s third quarter financial results. The bank has presented its third quarter results on Wednesday. Bank of Baroda reported a profit of Rs 1,061.1 crore in the third quarter of FY 2021, while the bank had a loss of Rs 1,407 crore in the third quarter of FY 2020. The bank’s interest income increased 8.6 per cent to Rs 7,749 crore in the third quarter from Rs 7,132 crore in the year-ago quarter. It was estimated to be Rs 7,427 crore.

in the month of October.In October, the bank started a new arrangement of work from home by dividing its workforce into 50-50. Bank of Baroda had divided the total workforce into 50-50 parts and prepared to get half the employees working from home for the next five years, while half the employees had decided to come to the bank to work.
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