The All India Punjab National Bank Officers’ Association has filed a caveat petition in the Madhya Pradesh High Court (Principal Seat at Jabalpur) to oppose the new transfer policy introduced by the Punjab National Bank (PNB) management. The petition, registered as Caveat Application No. 679/2025, has been submitted through the association’s Vice President and Circle Secretary (Jabalpur Circle), Sanjeev Kumar.
What is a Caveat Petition?
A caveat petition is a legal request filed in court to ensure that no decision or order is passed without first hearing the party that filed it. In this case, the PNB Officers’ Association wants the court to hear their side before making any ruling regarding the new transfer policy.
Why Was This Caveat Filed?
The caveat has been filed against PNB’s new transfer policy for officers, which has recently been introduced by the bank’s management. As per this policy:
- An officer must remain in a branch for 3 years before being eligible for transfer.
- An officer can stay in the same circle for up to 6 years before being transferred outside the circle.
- An officer can stay in the same zone for a maximum of 9 years before being moved to another zone.
Many PNB employees are unhappy with this new transfer policy. They believe it will disrupt their personal lives and careers. Employees have been protesting against this decision, arguing that it will cause inconvenience, especially for those who have settled in a particular location with their families.
Who Has Been Named in the Petition?
The caveat has been filed against two main offices of Punjab National Bank:
- Punjab National Bank Head Office, New Delhi – The petition names the Managing Director & CEO of PNB as a respondent.
- Punjab National Bank Zonal Office, Bhopal – The petition includes the Zonal Manager of PNB’s Bhopal office as a respondent.
What Happens Next?
By filing this caveat, the PNB Officers’ Association wants to ensure that no decision is taken by the court in favor of the bank’s management without giving them a chance to present their arguments. If the bank moves forward with legal action to implement the transfer policy, the officers’ association will be given a chance to object before the court makes a final decision.
The dispute over this transfer policy is expected to continue in court, and the response from PNB’s management will determine the next steps in the case. Employees are likely to continue their protests while awaiting the court’s decision.
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