Bank Transfer: If you are a bank employee or your family or friends work in a bank then you must read this news. Transfer rules for bank employees are going to change soon. The government has advised to update the policy made for public sector banking employees.
The Finance Ministry has advised to include new rules in the transfer policy related to public sector banks like PNB, Bank of Baroda, State Bank of India etc. After getting approval from the board, these new rules will come into effect from financial year 2026.
There will be transparency in rules
The Financial Services Department has written a letter to all government banks asking them to review the rules for transfer of employees. So that there is more transparency in the rules. After the implementation of these rules, there will be changes in the rules for transfer of bank employees. This process can be automated. However, employees may be given location preference.
Complaints will be resolved promptly
Transfer rules can be automated. Apart from this, women will be transferred to places which are nearby. An advisory has also been sent to send a copy of the policy in which changes are being made to the Finance Ministry.
These may be the changes
Preparations are being made to make the policies of banks more transparent. So that the employees can know how and why they will be transferred. Transfers in banks will also be in automation mode. Employees will also have the option to choose the location of their choice.
Work is being done on making new rules. Now the Finance Ministry has given advice in this regard. On which policy is being made. This new policy will be implemented from financial year 2026.
