Charge sheet is cleared . can i shift to other bank

No.  It is not a problem.

You first have to wait for the disposal of the charge sheet and the departmental inquiry proceedings.

If the inquiry report holds you guilty of the reported offence then it may create an adverse impact to your future career.

Wait for the judgment / order on charge-sheet issued by your Bank, which cannot be presumed. 

In India, the banking sector operates under the purview of various regulations and legal provisions. The Banking Regulation Act of 1949, Section 35A, grants the Reserve Bank of India (RBI) the authority to set conduct standards for banking employees. Additionally, RBI guidelines outline stringent protocols for employee conduct, security, and operational procedures. Breaching these guidelines often leads to disciplinary actions.

While specific case laws regarding sharing computer passwords might be limited, legal precedents like the United Bank of India vs. Kazi Nazrul Islam & Ors. (2003) and Sukhram Yadav vs. Punjab National Bank (2008) emphasize the significance of adhering to established procedures and the justifiability of disciplinary actions for irregularities in banking operations.

Your situation, involving a chargesheet due to operational lapses in sharing passwords among staff members, could affect future job prospects. Banks prioritize candidates with clean disciplinary records, and chargesheets, even if resolved without severe consequences, could raise concerns during background checks.

To mitigate these implications, when seeking employment in other PSU banks, it's essential to transparently explain the incident, express remorse, and highlight the corrective measures taken to prevent similar occurrences. Seeking guidance from legal experts specialized in employment law or banking regulations in India would be prudent to navigate this issue effectively and understand its potential impact on future career opportunities.

Your query lacks precision.

Youare saying whole staff is charged. whether you are one such person?

You are saying whole staff is charged.whether the charges erupted due to some serious fraud dur to sharing of passowrd.

You said that chargehseet will be resolved  whether it is resolved and what is the decision?

You are not even sharing whether it is govt/private/cooperative bank?

Sir, it is a private limited bank. Charge sheet has been issued to the all branch staffs including me seeking explaination . In fact there was no fraud involved and the inquiry conducted by the vigilance department has also reported no frauds are committed, but passwords were shared among the staffs.

All have submitted their explaination. We are waiting for the Head office reply.

Please let me know for any further queries sir

Is it a chargeheet or mere explnation call.

Sir, clearly it is a charge sheet. 

o you cannot join other bank till charges are deropped or penalty period is over.