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Nainital Bank has terminated some newly recruited Management Trainees and the reason will shock you. Nainital Bank is sponsored by Bank of Baroda.
Selected Candidates were appointed as a Management Trainee with effect from 01.05.2024. As per the absorption interviews conducted, Management Trainee period of some candidates was extended up to 30.11.2025.
An interview was held on 17 December 2025 and the Interview Panel decided to terminate the assignment of candidates as a Management Trainee with immediate effect.
Accordingly, the contract as a Management Trainee was terminated with immediate effect, and candidates were hereby relieved from the Bank’s services at the close of office hours on 31.12.2025.
The Nainital Bank Officers’ Association (NBOA) has strongly opposed this termination of Management Trainees (MTs) by The Nainital Bank Ltd. The officers’ body has called the decision arbitrary and unfair, and has warned the bank management of strong protest, including strike action, if the decision is not reversed.
The association said that the terminated Management Trainees were selected through a proper recruitment process. According to NBOA, these young officers were trained by the bank, assessed multiple times, and even given extended assignments. Despite this, their services were suddenly terminated.
The association described the decision as heartless, autocratic, and anti-employee. It said such an action is not expected from a responsible bank that deals with the public and plays an important role in the financial system.
NBOA made it clear that this is not a routine administrative step. The association said the termination reflects a policy that creates fear among employees and treats officers as disposable. It also said that the decision is a direct attack on job security and the dignity of bank officers.
The officers’ body further alleged that the bank management is misusing contractual clauses to end careers without accountability, transparency, or moral responsibility. NBOA said such thinking is dangerous and strongly opposed by officers across the bank.
Issuing a strong warning, the association said that if Management Trainees, who represent the future of the officer cadre, can be removed overnight, then no officer in the bank is truly safe. It cautioned that today the action is called “termination of MTs”, but in future similar actions could be justified in the name of performance review, restructuring, or administrative needs.
NBOA stated that the officer community will not accept this culture of intimidation.
As a non-negotiable demand, the association has asked the bank management to immediately and unconditionally revoke all termination orders issued to the Management Trainees.
The association also issued a final warning. It said that if the termination orders are not withdrawn immediately, NBOA will launch a bank-wide non-cooperation movement against the management. It further warned that intensive protest programmes, including strike action, will be undertaken after completing the mandatory 14-day notice period.
NBOA made it clear that any worsening of industrial relations, disruption of banking services, or escalation of the situation will be entirely the responsibility of the bank management.
