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Indian banks activate business continuity plans move West Asia staff back amid Iran US tensions

Business
Published on 7 May 2026
Indian banks activate business continuity plans move West Asia staff back amid Iran US tensions

Wholesale operations are being handled remotely from India

Indian banks have activated business continuity plans to protect staff in West Asia as Iran US tensions raise security concerns. With government guidance to assess risks and provide support, some banks have moved key wholesale activities to India, running parts of the work remotely. Authorities are monitoring the situation closely, prioritizing business continuity and staff well-being.

  • Banks are activating business continuity plans for West Asia staff
  • Some wholesale operations have shifted to India for remote management
  • Government advised banks to assess risks and extend support
  • Monitoring focuses on continuity and employee safety
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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