Single-judge Justice Chandra Dhari Singh said that a bank employee must perform one’s duty with absolute devotion, diligence, integrity and honesty so that the public’s confidence is not lost in the institution.
“As goes the popular saying – ‘Caesar’s wife must be above suspicion’. It is settled law that honesty of integrity of employees/officers working in the banks who are dealing with public money must be paramount,” the Court said.
Hence, an officer who is found to have been involved in financial irregularities while performing his duty as bank officer, cannot be let off even if there is a minor infraction in the inquiry report, the Court underlined.
“The banking system is the backbone of the Indian economy. An officer who is found to have been involved in financial irregularities while performing his duty as bank officer, cannot be let off even if there is a minor infraction in the inquiry report,” the court observed.
Source: Barandbench
