Following PM Modi’s appeal urging citizens and businesses to adopt work-from-home measures on May 10, 2026 financial institutions and companies have started boosting such steps. Experts believe the work-from-home or the hybrid working model has definitely seen a big spike in implementation ever since PM Modi’s appeal and are now waiting to see the steps that other startups, companies and institutions take.
SEBI
Market regulator, Securities and Exchange Board of India (SEBI) has issued a temporary administrative advisory introducing work-from-home for its employees and postponing internal events as well. SEBI has delayed events that may cause travel or hotel expenses, for eight weeks at the moment, beginning May 25, 2026.
HDFC Bank
India’s largest private sector lender has announced a work-from-home arrangement for up to two days a week. The arrangement is likely to stay on for a month and then will be reviewed.
IndusInd Bank
In early May, IndusInd began the hybrid work policy for all their employees besides those involved in branch banking functions that are absolutely specific such as tellers, branch managers and some customer-facing roles.
Axis Bank
This private sector bank has been following a hybrid work culture model for roles that are not customer-facing since FY21 as per reports.
Public Sector Banks
The Finance Ministry has requested public sector banks to adopt measures where possible and the Department of Financial Services has directed these institutions to cut costs, limit foreign travel, and conduct meetings virtually when possible.
As the hybrid work policy varies globally, it is important to note that companies in US, UK, Germany have offered flexible work schedules to employees for several years. Japan is also rapidly adapting to the hybrid work model. In India, hybrid models are growing in technology and service sectors, especially in major cities. Governments and organizations worldwide are developing policies on productivity, cybersecurity, and those that boost employee wellbeing.
