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POLICIES
OF
STATE BANK OF INDIA
K.Priya Singh
Roll No-15
Evening MBA programme
Fifth Semester
M.S.University

TRANSFER POLICY JOINING
LEAVE
An officer should
normally avail himself of
joining time immediately
on relief from his
previous station. If for
some time for compelling
reasons it is not possible
to do so, he should be
permitted to avail of the
same shortly thereafter,
say within a maximum
period of 3 months.
July-2013:-
The competent
authority to waive the
time limit of 3 months
for availing joining
time. However, the
joining time is to be
availed any time before
the next transfer and
cannot be carried
forward.
TRANSFER POLICY -INTER
CIRCLE TRANSFER
Inter circle transfers
under the 15-in-a-year
policy.
The officers concerned
have put in atleast three
years of confirmed
service in the Circle.
Serially in the
chronological order of
the receipt of such
requests provided
On the basis of first-
come-first served
June-2013:-It has now
been decided to reduce
the criteria of service
for applying for inter-
circle transfer to 3
years of total service
including probation
period, from the
existing norm of 3
years confirmed
service.
it
WHISTLE BLOWER POLICY
On the basis of guidelines of
Central Vigilance Commission
(CVC),for acceptance of
complaints by Whistleblowers
under the Public Interest
Disclosure & Protection of Informer
(PIDPI) resolution and keeping the
identity of the complainant secret.
A proactive measure to mitigate
operational, legal and reputational
risk of the Bank
The policy is an internal
mechanism for its staff members,
for reporting any unethical practice
or behaviour or violation of service
rules in the Bank.
There are provisions to protect
the interest of Whistle Blower
keeping the informants identity
closely guarded and pursue the
information provided by the
informer to its logical end.
All employees of the Bank are
covered under this policy. The
Policy covers malpractices and
events which have taken place/
suspected to have taken place
in the Bank involving:
WHISTLE BLOWER POLICY
corruption,Fraud
misuse/ abuse of official position,
manipulation of data / documents,
Any other act of an employee which affects the interest of
the Bank adversely and has the potential to cause financial or
reputational loss to the Bank.
PROTECTION TO WHISTLE BLOWER
The Bank will protect the confidentiality of the complainants and
their names / identity will not be disclosed except as statutorily
required under law.
PROMOTION POLICY
Promotion policy has the following
objectives :
i) Serves well the interest of the Bank,
ii) The officers of right quality are
promoted, and
iii) Removes the frustration that has
crept into the mindset of our officers.
Promotion year
Vacancies
Date of effect of Promotions.
Number of Chances, Mandatory
Assignments,
Option to opt out
Process of Selection:
Aug-2013:-
For JMGS-I TO MMGS-II
& MMGS-II TO MMGS-III,
recently the written test
& interview has been
waived .
Also for MMGS-III TO
SMGS-IV ,100% results
declared.
Reasons-
No of vacancies are
more than no of eligible
candidates.
Huge Number of
employees retiring
LOAN POLICY- DELEGATION OF FINANCIAL
POWERS
The two significant principles around which the scheme
of delegation of powers revolve are:
Powers are exercisable only in relation to the duties &
responsibilities specially entrusted to a functionary.
All sanctions are subject to report to next higher
authority.
The scheme of delegation of financial powers for
advances & allied matters in the bank has a graded
authority structure.
The sanctioning powers have been delegated down the
line to committee of officials at various administrattive
offices and to individual line functionaries.

BANK'S IT POLICY & IS SECURITY
POLICY
Aimed at enhancement of its ability to transmit, collect,
store and process information electronically and to assure
the confidentiality, integrity and availability of the banks
information systems at all times.
OBJECTIVES-
To ensure information and information systems are available to
authorized users as per the business needs.
To ensure that all of the banks information assets including data,
intellectual property, computer systems, and IT equipment are
adequately and consistently protected from damage, inappropriate
alteration, loss, and unauthorized use or access.
To create within the bank a level of awareness on information security
as part of the day to day operations of the bank and to ensure that all
employees understand their responsibilities for maintaining information
security.



BANK'S IT POLICY & IS SECURITY
POLICY
To establish detailed information security standards and procedures based
on this policy and ensure compliance against such standards and
procedures.

Gained Importance after banking sector has progressively becoming more
dependent upon its information systems for both its normal day-to-day
business activities as also the development and delivery of new products and
services.
The need for such protection arises because information systems are
potentially vulnerable to two main categories of unwanted events, or threats.
These are accidental threats (human error/equipment failure/ natural
hazards) and deliberate or malicious threats
(fraud/sabotage/vandalism/theft).
There is also the threat of legal action if information systems are misused,
which the bank and its employees should be aware of.
THANK YOU