The Madras High Court has upheld an order passed by State Bank of India (SBI), cancelling the appointment of an individual to the post of Circle Based Officer (CBO) on receipt of a CIBIL (Credit Information Bureau of India Limited) report, disclosing his long history of default in repayment of bank loans.
Justice N. Mala dismissed a writ petition filed by P. Parthiban (name changed) and upheld the cancellation order passed by the Human Resources department of SBI. The judge said, a probable rationale behind the cancellation was that bank employees dealing with public money must strictly maintain financial discipline.
“Obviously, a person with poor/no financial discipline cannot be trusted with public money,” she said and concurred with SBI counsel Chevanan Mohan and A. Rexy Josephine Mary that the petitioner had failed to challenge the eligibility criterion regarding credit history mentioned in the recruitment notification.
The judge pointed out that that Clause 1(E) of the notification had clearly stated that candidates with a record of default in repayment of loans/credit card dues and/or against whose name adverse reports had been received either from CIBIL or other external agencies would not be eligible for appointment.
