MINISTER OF STATE IN THE MINISTRY OF FINANCE
(a) to (d): The State Bank of India has informed that the bank has Board approved policies for promotion to various grades. In accordance with the policies, promotion is based on various parameters such as service in present grade, annual performance report, residual service, evaluation process, etc., for which criteria are laid on.
A policy on placement is applicable up-to Middle Management Scale. Officers in Senior Management and above grades are part of all India pool and their postings/placements across departments/offices are undertaken inter-alia as per bank’s operational requirement, rotational policy, etc.
Complaints regarding alleged non adherence to laid down policies in this regard are dealt with as per extant guidelines and procedures.
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