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FinMin orders banks to expand hiring and promotions for persons with benchmark disabilities

Business
Published on 29 April 2026
FinMin orders banks to expand hiring and promotions for persons with benchmark disabilities

Banks must meet PwD welfare bodies regularly, not once a year

The Finance Ministry has directed public sector banks and financial institutions to reserve roles for people with benchmark disabilities in both direct recruitment and promotions. The Department of Financial Services issued the instructions and also mandated regular meetings with PwD Employees Welfare Associations, ensuring concerns are reviewed and employees have a structured voice in decisions.

  • Reservations are required for benchmark disabilities in recruitment and promotions
  • Department of Financial Services issued implementation instructions
  • Banks must hold regular meetings with PwD welfare associations
  • The move aims to strengthen inclusion and employee feedback channels
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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