What is the promotion policy for bank clerks?

Thousands of candidates join as bank clerks every year at various public sector and private sector banks with an aspiration of great future and a brighter career in store. Lots of candidates even land up to this job after possessing Engineering and Management degrees due to security of the job. Another benevolent factor for joining the banking industry among the candidates is its scope for future growth and development. It is easier to climb the ladder of success, once the candidates make sure their berth in any of the nationalised bank. The candidates after getting provisionally selected need to go through a three month training after which they get posted to various branches where the recruitment is for them. The candidates need to focus on their work and enhance their skills to further make their chances for future development and growth.

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Bank Officer Promotion Policy

F.No.411 1111201 1 -IR

Government of India 

Ministry of Finance 

Department of Financial Services 

Jeevan Deep, ilird Floor 

Parliament Street, New Delhi 

Dated the March 14t 2012. 

To 

Chairman & Managing Directors of all Public Sector Banks 

Subject : Guidelines for Promotions in Public Sector Banks 

Sir, 

The Government of India had vide circular of even no dated 5.12.2011 issued revised guidelines for eligibility and methods of promotions in Public Sector Banks while revising the guidelines issued earlier vide circular No. 4/5/6/84-lR dated 23.06. 1986 and 14/18.09. 1987 on the subject. 

2. Meanwhile, some references have been received from banks on the issue of 

operationalisation of these guidelines dated 5. 12.201 1 wherein it has been 

represented that the requirement of rural/semi urban posting or experience as Branch or Regional head etc be applied prospectively and certain relaxations be provided with reference specialists cadre and zone of consideration. 

3. After consideration, the Government, in supersession of the earlier guidelines issued vide circular of even number dated 5. 12.201 1, now issues these guidelines for promotion of officers in Public Sector Banks, while providing relaxations for prospective implementation in provisions requiring involving mandatory experience. 

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