A senior central bank official said the RBI will address employees’ concerns. Employees of the Reserve Bank of India (RBI) staged protests on Friday at multiple offices of the central bank across the country, including the headquarters in Mumbai, against a new internal policy that ties promotions to vacancies instead of the earlier time-bound system. In a letter to Governor Sanjay Malhotra, the Reserve Bank of India Officers’ Association (RBIOA) said, “We earnestly request the top management to reconsider the matter urgently and initiate a comprehensive review of the revised promotion policy in consultation with RBIOA so as to arrive at a fair, balanced and sustainable framework for career progression of officers.” A senior central bank official said the RBI will address employees’ concerns. “The RBI reviews the internal HR policy from time to time. The central bank will discuss with employees about the issues involved and address their concerns,” the official said.…