Are bank employees central government employees?

Bank employees are generally considered to be employees of the bank they work for, and their terms and conditions of employment are typically determined by the bank and subject to the relevant laws and regulations governing employment in the country where the bank operates.

While some banks may be owned or partially owned by the government, their employees are generally not considered central government employees. Instead, they are usually considered to be employees of a public sector undertaking or a private sector entity, depending on the ownership structure of the bank.

In some cases, the central government may have a regulatory role in overseeing banks and setting guidelines and regulations for them to follow. For example, in India, the Reserve Bank of India (RBI) sets regulations and guidelines for banks to follow, including those related to employee compensation and benefits. However, even in these cases, bank employees are not considered central government employees.

In summary, while banks may be subject to government regulation and oversight, their employees are usually not considered government employees. Instead, they are considered employees of the bank itself and are subject to the terms and conditions of employment set by the bank.