Are PSU Banks Following the New Transfer Policy introduced by Govt?

Recently, the Government of India had introduced a new transfer policy for employees of public sector banks. It’s almost one year – What do you think – are banks following the new transfer policy implemented by DFS, Ministry of Finance. This new policy is applicable from 1st April 2025. Share your vote and opinion in comment section below.

Click here to read the new transfer guidelines in detail

New Transfer Policy for Public Sector Bank Employees

• Rotational transfers should be based on seniority.
• An online platform will be created for employees to give location preferences.
• Officers up to Scale-III should be posted within their linguistic regions.
• Additional grounds for transfer include marriage, spouse posting, medical needs, maternity, child care, and distant postings.
• Employees should be posted near spouse working in Central or State Government.
• Women employees should be transferred to nearby locations.
• Employees may appeal unfair transfers. A grievance committee must resolve appeals within 15 days with written reasons.
• Transfer protection may not apply to union office bearers on promotion.