BB directs banks to resolve staff disciplinary complaints within 2 months
The central bank has amended its two-decade-old policy to prevent prolonged internal investigations and ensure faster disposal of misconduct allegations.
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.
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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.
