Can a bank terminate an employee on the basis of less CIBIL score?
My mother is an employee at Govt owned public sector insurance company. She is a cashier there. If her CIBIL score goes below 650, can the company terminate her job or give punishments like demotion or suspension etc. Is there any law like that?. I'm just not sure. Please help me to know.
1 Answer
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Advocate By LEAD INDIA
Answered: 30 Nov 2023
An employer cannot terminate an employee's job or impose punishments like demotion or suspension solely based on their CIBIL score. Contact us on helpline number for further enquiry.
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