New Delhi:The Securities and Exchange Board of India (SEBI) has reportedly introduced a ‘one day a week work from home option’ for its junior employees a fortnight after Prime Minister Narendra Modi’s appeal for remote work to conserve energy.

The market regulator is also considering postponing internal events to cut non essential travel and hotel costs as part of its effort to tackle the inflationary fallout of the US-Iran war, a report from NDTV Profit said citing sources.

The move comes after HDFC Bank allowed two days of remote work for select staff handling treasury operations, credit underwriting, risk, transaction banking, digital banking and IT services, the report said.

Similarly, HDFC Securities had also shifted to a hybrid model following PM Modi’s austerity appeal.

Meanwhile, Goa Tourism and IT Minister Rohan Khaunte said the state is positioning itself as a leading work from home destination in line with PM Modi’s call.