The All India Bank Employees Association has written to the finance ministry, cautioning against mass transfers in the wake of the Punjab National Bank fraud.
“Taking a cut-off date of 31-12-2017 as given by CVC and effecting such transfers in a mass scale would destabilise the functioning of the bank branches in a big way, especially when employees and officers are covered by MoU to turn around the banks and engaged in recovery of loans, etc,” AIBEA said in a letter to Finance Minister Arun Jaitley.
