[nilesh]

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Can you provide me the Circular issued by Allahabad Bank regarding Transfer/Placement Policy/Guidelines of Officers as I want to check the transfer policy of the Bank?

[vikash]

The detailed Circular issued by Allahabad Bank regarding Transfer/Placement Policy/Guidelines of Officers is as follows:

It has been felt necessary to review Transfer/Placement policy of officers circulated vide Instruction Circular No. 5760 dated 20.08.1998 in the light of developments in the economy during last few years and the larger role an officer is expected to play in the present day liberalised/globalised environment with a view to:

• meeting the organisational needs of having officers with varied experience and enriched job knowledge by exposing to different functional areas;

• providing a broad frame work for career path progression of officers;

• meeting bank’s growing requirements arising out of reorganisation, reclassification of branches/offices and restructuring of business processes commensurate with technological advancement;

• meeting the developmental needs of the organisation and to achieve corporate objectives;

• facilitating the management to ensure gainful utilisation, improvement and retention of human resources

Circular - Transfer/Placement Policy/Guidelines of Officers - Allahabad Bank