Termination from PSB
4 years ago
I am an award staff of a public sector bank. I joined bank one-year ago. Meanwhile I was put into Gold Loan department for sometimes. We had our authorized gold appraiser. On basis of his certificate I recommended Gold Loans. There was no proper training of gold checking. But I was not aware that it was my responsibility to check purity of gold loans. Now the golds are found to spurious and the goldsmith is absconded for some months. Enquiry is going on this matter. Can bank terminate or suspend me on this ground?
Pavan kumar Gudipati
Responded 4 years ago
A.Police do an investigation. Then only, If they add your Name in Accused, then Bank can take action like Suspend / Removal. And also Not followed the duty also a good reason. But you are only 1 service , You may ask Court to consider, if you are innocent.
Helpful
Helpful
Share
Read Related Answers
Compassionate appointment
Dear Client,
The SBI rules can not be breached. it could be the policy of the bank to not hire anyone. Please check with the rules and guidelines for heiring employees
Education Loan OTS
Dear Client,
Try to go to the online portal of the said bank and complaint about grievance through the same. it is advisable to repay the loan amount within the stipulated time or you may face seizur...
Sbi account put on stop by cyber security
Dear Sir/Madam,
Under the following provisions the Hon’ble Magistrate Court having ample powers to unfreeze the Bank accounts. Further, the Hon’ble Court has vast powers to hand over the properties/v...
My bank account got freezed
Dear Client,
Once a cybercrime scam or fraudulent transaction is reported online to the National Cyber Crime Reporting Portal(NCCRP), on the instruction of the Cyber Crime Cell, the investigating tea...
Bank loan harassment
Dear Client,
In the given scenario, you can escalate your grievance with the Grievance Redressal Officer of the concerned Bank, and in case no suitable response is received from the GRO of the Bank yo...
Read Blogs on Banking
Banking Lawyers
Find Lawyers by Location