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Bank employees responsible for customer’s trust, not to be reinstated in case of loss of confidence: HC

The Delhi High Court has said that bank employees have the larger responsibility of ensuring the banking system’s integrity as well as maintaining the trust of customers and therefore their reinstatement ought not be permitted when there is a loss of confidence due to misconduct. Justice Prathiba M Singh, while setting aside an industrial tribunal’s order rejecting the termination of a bank employee who allegedly transferred funds to his personal accounts, stated that customers repose their faith in bank officials who enjoy a fiduciary relationship with them and even a suspicion of misconduct based on some evidence is sufficient to uphold their dismissal from service.

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