BB directs banks to resolve staff disciplinary complaints within 2 months
Highlights
- BB updates disciplinary rules after two decades
- New timeline aligned with 2015 Labour Rules
- Existing disciplinary provisions remain unchanged
The Bangladesh Bank has directed all commercial banks to
dispose of disciplinary complaints against their officers and employees within
a maximum of two months, introducing a mandatory timeline to prevent prolonged
internal investigations.
The central bank today (26 July)
issued a circular through its Banking Regulation and Policy Department
(BRPD-1), instructing managing directors and chief executive officers of all
scheduled banks to comply with the revised requirement.
According to the circular, the central bank has updated its 2005 disciplinary
guidelines to align them with the Bangladesh Labour Rules, 2015.
The revised policy sets a two-month
deadline for completing investigations and disposing of allegations of
misconduct against bank employees.
The central bank said the move is
intended to ensure that internal investigations and disciplinary proceedings
are not kept pending for extended periods, allowing complaints to be resolved
more efficiently.
It added that the amendment is
expected to strengthen professionalism and accountability across the banking
sector.
Apart from the newly introduced
time limit, all other provisions of the 2005 circular will remain unchanged.
