Punjab National Bank denies reports of transferring 18,000 employees

Punjab National Bank denies reports of transferring 18,000 employees

PNB

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Statement also claimed that these transfers have not impacted the smooth functioning of the branches

Punjab National Bank denied media reports that claimed that the bank has transferred close to 18,000 employees due to the ongoing probe in the Rs 11,400 crore Nirav Modi scam.

In a message on its Twitter handle, PNB clarified that it had transferred a total of 1,415 employees since February 19.

“There have been reports appearing in the media that the Bank has transferred close to 18,000 employees, the same is factually incorrect,” the bank said in a press statement.

“The bank has transferred 257 Sub Staff, 437 Clerks and 721 Officers (Total 1415 employees) since 19th February 2018, as per prevailing Rotational Transfer Policy of the Bank," the bank said.

In a message on its Twitter handle, PNB clarified that it had transferred a total of 1,415 employees since February 19. (Others)

"The working in the branches is going on smoothly and the above transfers are in no way affecting the customer service in the Bank," it added.