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Saturday, Apr 19, 2025 | India

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March Closing Pressure: Sarva Haryana Gramin Bank Directs Employees to Refrain from Taking Leave

Sarva Haryana Gramin Bank has directed employees to refrain from taking leave until the financial year-end. This reflects the increasing work pressure during March closing across Regional Rural Banks.

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Author: Saurav Kumar

Published: March 24, 2025

As the financial year draws to a close, employees of Sarva Haryana Gramin Bank (SHGB) are under mounting pressure to meet business targets. In a directive issued on March 17, 2025, the bank’s management has advised all staff members to refrain from availing leave until the annual closing for the financial year 2024-25 is completed.

Image: Letter of Sarva Haryana Gramin Bank General Manager on leave restrictions during annual closing 

Refrain From Taking Leave Until March Closing

The official communication from the General Manager of SHGB, addressed to all regional offices, underscores the expectation for the workforce to operate at maximum capacity during this critical period. The directive states, “All the staff members are advised to refrain from availing the leave till the annual closing for the financial year 2024-25. Hopefully, all the staff members will contribute towards the Bank's growth by putting in their utmost efforts.”

An employee, speaking on condition of anonymity, told Kanal, “This directive reflects the toxic work pressure during March closing, when banks must meet strict targets for NPA recovery, social scheme enrollment, insurance sales, and other financial benchmarks.”

Recurring March Closing Pressure Across RRBs

This move by SHGB aligns with a broader trend of increased workload and coercion across Regional Rural Banks. Recent reports from Ellaquai Dehati Bank and several other RRBs revealed instances where employees faced leave denials, pressure to ensure 100% NPA recovery, and intense demands from insurance representatives to meet insurance sales targets.

As March closing looms, employees across the RRB sector continue to grapple with heightened workloads, raising concerns about their well-being and workplace conditions.

Tags:Sarva Haryana Gramin BankSHGBGeneral ManagerMarch ClosingToxic Work PressureAnnual ClosingInsurance RepresentativesInsurance TargetsNPA Recovery