Indian Banks Recall West Asia Staff Amid Safety Concerns
Indian banks shift West Asia staff back home
The Economic TimesImage: The Economic Times
In response to safety concerns due to regional conflicts, Indian banks are recalling staff from West Asia, particularly from the UAE, Oman, and Qatar. The government is supporting banks in assessing safety and enabling remote operations, while some banks have already activated business continuity plans to maintain operations from India.
- 01Indian banks are recalling staff from West Asia due to safety concerns amid regional conflicts.
- 02The government is providing support for banks to assess safety and implement remote operations.
- 03Business continuity plans have been activated to ensure operations continue from India.
- 04Prime Minister Narendra Modi condemned attacks on the UAE affecting Indian nationals.
- 05Some banks are partially resuming operations as the situation stabilizes.
Advertisement
In-Article Ad
In light of ongoing regional conflicts, Indian banks have been directed by the government to assess the safety of their staff in West Asia, specifically in the UAE, Oman, and Qatar. Many banks have activated their business continuity plans (BCPs) to facilitate remote operations from India. Ashok Chandra, managing director of Punjab National Bank (PNB), confirmed that his team has relocated from the Dubai International Financial Centre to Delhi, where they continue their operations seamlessly. The government has assured banks of full support, including assistance from the Ministry of External Affairs in case of emergencies. Discussions within a crisis management group have focused on strengthening banks' standard operating procedures to ensure business continuity. Following recent attacks in the UAE that injured Indian nationals, Prime Minister Narendra Modi expressed India's solidarity with the UAE and emphasized the importance of regional peace and stability. Some banks are cautiously resuming operations as the situation improves, with assurances from the UAE regarding staff safety.
Advertisement
In-Article Ad
The recall of staff may lead to operational adjustments for Indian banks, affecting their services and potentially impacting customers relying on banking operations in West Asia.
Advertisement
In-Article Ad
Reader Poll
Do you think Indian banks should continue operations in West Asia amid safety concerns?
Connecting to poll...
More about Punjab National Bank

Punjab National Bank Allocates ₹3,400 Crore for IT and AI Investments to Combat Cyber Fraud
Mint • May 7, 2026

Punjab National Bank Projects 14% Credit Growth in FY27 Despite West Asia Crisis
Business Standard • May 6, 2026

PNB Shares Surge Nearly 4% Post Q4 Results: Investment Outlook
Mint • May 6, 2026
Read the original article
Visit the source for the complete story.

