RBI Overhauls Promotion And Appraisal System


Reserve Bank of India is going in for a complete overhaul of its promotion and appraisal system, a first in the bank’s 75 years of experience. The bank is bringing in transparency in the performance appraisal system of its officers by allowing them to review their reports. In fact, it has also decided to put in place a mechanism to redress employee grievances. For this, it has set up a redressal mechanism to hear appeals from officers on communication of the entries made in their performance appraisal reports. Now, an unsatisfied officer can appeal against the marks awarded and also the remarks in the report made by his superiors within 15 days.

source: The Financial Express 

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