HDFC Bank has rolled out a two-day work-from-home arrangement for employees in its Business and Corporate Enabling Functions, sources confirmed to financialexpress.com. The bank is yet to make an official statement on the move. The arrangement has come into effect immediately and will continue for the next 30 days, after which it will be reviewed.
The change will not impact branch employees or customer-facing operations. Banking services across the country will continue as normal without any disruption.
HDFC bank hybrid work policy returns for select employees
The decision comes at a time when companies across India have largely been pushing employees back to offices after the pandemic-era work-from-home phase. In the banking sector as well, hybrid models had been steadily scaled back in recent years.
With this decision, HDFC Bank is bringing back a limited form of hybrid work, but only for non-customer-facing roles and on a short-term trial basis. “The same will be reviewed after a month,” the source told financialexpress.com
WFH move linked to PM Modi fuel saving appeal and rising oil prices
The development also comes in the backdrop of Prime Minister Narendra Modi’s recent appeal urging citizens and organisations to cut down on unnecessary travel and work from home wherever possible. The appeal comes as global crude oil prices rise due to tensions in West Asia, including the ongoing situation involving Iran, which has also increased pressure on India’s fuel import bill.
In a speech in Hyderabad, the Prime Minister urged people to be mindful of fuel consumption, reduce avoidable travel, and support measures in the national interest. The Centre has clarified that there is no mandatory work-from-home directive for private companies, but has encouraged voluntary action.
Following this, the Delhi government has already introduced a two-day work-from-home arrangement for its offices and also advised private firms to consider similar steps. Employee groups like NITES have also been calling for formal hybrid work policies.