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Hello sir I was dismissed from the services of the bank for misconduct and misusing of official powers while sanctioning the term loan to a borrower and the proceeds were paid to me through cheque and I withdrew the cash and later on the loan repayments were made by the borrower and the same amount of EMU was transferred to savings account of the loan borrower so stating that I have misused loan proceeds and have dismissed me.
From India, Bengaluru
Dear Papao812,
Well gentleman, you have stated facts as to what happened in your preceding employment. Nevertheless, what advice you expect from the members of this forum is not clear. Therefore, please clarify about your query.
Dinesh Divekar
From India, Bangalore
The loan proceeds were repaid by me after accepting the cash from the borrower and later on EMI were repaid through my account and the loan account is closed by me
I still requested the management to consider the dismissal to revoke and reinstate me
From India, Bengaluru
It is entirely bank discretion to reinstate any employee after an offence/wrong doing has been proved..
Nature of offence will always be considered by any employer before deciding on any issue of punishment/reinstatement.
From India, Pune
As per terms and conditions of your offer I feel there is a condition that you are not expected to mix any official transaction with your personal account without permission of the Management. Therefore, it has amounted to misconduct and they have dismissed the service. Regarding the reinstatement it is left to the bank authorities to decide.
From India, Mysore
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