Bank of Baroda Officers raise Serious Issues in Bank’s Transfer Policy, Cites Violation of DFS Guidelines

The Federation of Bank of Baroda Officers’ Associations (FBOBOA) has raised serious concerns over the bank’s recently announced transfer policy. FBOBOA says that the new transfer policy violates key guidelines issued by the Department of Financial Services (DFS).

FBOBOA has submitted a formal communication to the Managing Director and CEO of the bank and highlighted multiple instances of non-compliance with the DFS guidelines dated November 26, 2024. The transfer policy in question was rolled out by Bank of Baroda on April 24, 2025. The DFS, Ministry of Finance had introduced a new transfer policy due to various complaints by bank employees regarding unfairness in transfers. Click here to check New Transfer Policy by DFS.

Key Concerns Raised by the Association

According to the letter, the transfer policy fails to meet the standards of transparency, fairness, and objectivity as mandated by the DFS. Some of the major issues highlighted include:

• Unclear definitions around administrative levels and tenure norms.
• Limited or vague publication of seniority lists, which impacts transparency.
• Lack of an automated system that considers employee preferences during transfers.
• Disregard for regional language criteria and neglect of compassionate and spouse-based transfer requests.
• Unfair treatment of officers in difficult postings, including arbitrary decisions.
• Discriminatory practices against Specialist Officers and male officers in spouse transfer cases.

The union emphasized that despite clear instructions from DFS, the bank’s current policy framework does not reflect these guidelines, leading to widespread dissatisfaction among officers.

FBOBOA has urged its Zonal Committees and Office Bearers to take the following immediate actions:

1. Share the contents of the letter with all members urgently.
2. Gather feedback and document grievances regarding inconsistencies in transfers.
3. Stay connected with the Federation for updates on possible protest actions if the bank fails to respond positively.

The federation has also circulated the full copy of the letter submitted to the MD & CEO for members’ reference and awareness. In a strong closing message, General Secretary Ajit Jha reminded members of the importance of unity, stating:
“What affects one, affects all.”

• Click here to check New Transfer Policy by DFS.