Home India Bank of Baroda In exercise of the powers conferred by section 19, read with...
Date: 2020-03-31 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by section 19, read with subsection 2 of section 12 of the Banking Companies

Issued by Bank of Baroda · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Summary:** This notification, No. BCC:HRM:EXE:112275, issued by the Bank of Baroda on March 31, 2020, announces amendments to the Bank of Baroda Officer Employees Acceptance of Jobs in Private Sector Concerns After Retirement Regulations, 2001. These amendments, officially titled the "Bank of Baroda Officer Employees Acceptance of Jobs in Private Sector Concerns after Retirement Amendment Regulations, 2020," are enacted in exercise of powers conferred by section 19, read with sub-section 2 of section 12 of the Banking Companies Acquisition and Transfer of Undertakings Act, 1970 (5 of 1970). The amendments have been made in consultation with the Reserve Bank of India and with the previous sanction of the Central Government. The key changes include: * **Regulation 4 Amendment:** Sub-regulation 6 of Regulation 4 is substituted to ensure that every order passed by the Bank under these Regulations is communicated to the person concerned. * **Regulation 5 Insertion:** A new Regulation 5 is inserted, defining the "Competent Authority" for granting or refusing permission for officers accepting employment in private concerns after retirement. The competent authority varies based on the officer's grade: * Junior Management Grade Scale I: General Manager or Chief General Manager * Middle Management Grade Scale II and III: HR * Senior Management Grade Scale IV: Senior Management Grade Scale V * Top Executive Grade Scale VI: Executive Director heading HR * Top Executive Grade Scale VII: Managing Director Chief Executive * Top Executive Grade Scale VIII Officer: DEVINDER PAL GROVER, General Manager These regulations come into effect from the date of their publication in the official Gazette. The principal regulations were initially published on September 29, 2001, via notification No. HO:OSRIR:A561196, and last amended on September 27, 2013, via notification No. BCCHRM IL1059355A.

Key Entities Referenced

Bank of Baroda: A nationalized banking institution in India. Reserve Bank of India: The central bank of India. Banking Companies Acquisition and Transfer of Undertakings Act, 1970: An act of the Parliament of India that nationalized several major banks. Bank of Baroda Officer Employees Acceptance of Jobs in Private Sector Concerns After Retirement Regulations 2001: Regulations governing the acceptance of jobs in private sector concerns by Bank of Baroda officer employees after retirement. Bank of Baroda Officer Employees Acceptance of Jobs in Private Sector Concerns after Retirement Amendment Regulations, 2020: Amendments made in 2020 to the regulations concerning Bank of Baroda officer employees accepting jobs in private sector concerns after retirement. Mumbai, Maharashtra: The city where the notification was issued. Central Government: The executive branch of the Government of India. Devinder Pal Grover: General Manager at Bank of Baroda
Official Source Record View Original Source →
See Full Document Text
रजजस्ट्री स.ं डी.एल.-33004/99 REGD. NO. D. L.-33004/99 सी.जी.-एम.एच.-अ.-31032020-218972 xxxGIDHxxx CG-MHxx-xEG-I3D1E0x3x2x 020-218972 ऄसाधारण EXTRAORDINARY भाग III—खण्ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 140] नइ कदल्ली, मगं लिार, माच च31, 2020/चत्रै 11, 1942 No. 140] NEW DELHI, TUESDAY, MARCH 31, 2020/CHAITRA 11, 1942 बकैं ऑफ़ बड़ौदा (मासप्रं जिभाग) (बड़ौदा कार्पोरेट सटें र) ऄजधसचू ना म ंबइ, 31 माचच, 2020 स.ं बीसीसी/एचअरएम/इएक्सइ/112/275.—बैंककारी कंर्पनी (ईर्पक्रमों का ऄजधग्रहण और ऄंतरण) ऄजधजनयम, 1970 (1970 का 5), की धारा 12 की ईर्पधारा (2) के साथ र्पठनीय धारा 19 म ें प्रदत्त िजियों का प्रयोग करते हुए केन्द्र सरकार की र्पूिच स्ट्िीकृजत के साथ भारतीय ररज़िच बैंक के र्परामिच में बैंक ऑफ़ बड़ौदा के जनदेिक मंडल ने एतदद्व् ारा बैंक ऑफ बड़ौदा ऄजधकारी कमचचारी (सेिाजनिृजत्त र्पश्चात जनजी क्षेत्र की आकाआयों म ें सेिा स्ट्िीकृजत) जिजनयमन, 2001 को र्प नः संिोजधत करत े हुए जनम्नजलजखत जिजनयम बनाया ह ैऄथाचत:्— 1. (1) आन जिजनयमनों को बैंक ऑफ़ बड़ौदा ऄजधकारी कमचचारी (सेिाजनिृजत्त र्पश्चात जनजी क्षेत्र की आकाआयों म ें सेिा स्ट्िीकृजत) जिजनयमन, 2020 कहा जाएगा. (2) य ेअजधकाररक राजर्पत्र म ेंप्रकाजित होने की तारीख से प्रभािी होंगे. 2. बैंक ऑफ बड़ौदा ऄजधकारी कमचचारी (सेिाजनिृजत्त र्पश्चात जनजी क्षेत्र की आकाआयों म ें सेिा स्ट्िीकृजत) जिजनयमन 2001 में, (i) ईर्प जिजनयमन (6) के जिजनयमन 4 म ें जनम्नजलजखत ईर्प जिजनयमन को प्रजतस्ट्थाजर्पत ककया जाएगा ऄथाचत ् :- “(6) आन जिजनयमनों के तहत र्पाररत सभी अदिे ों के संबंध में संबजन्द्धत व्यजि को सूजचत ककया जाएगा.”, 1646 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] (ii) जिजनयमन 4 के ईर्परांत जनम्नजलजखत जिजनयमन प्रजिष्ट ककया जाएगा :- “सक्षम प्राजधकारी - जिजनयमन 4 के तहत ककसी ऄजधकारी कमचचारी द्वारा सेिाजनिृजत के ईर्परांत जनजी क्षेत्र की आकाआयों में सेिा स्ट्िीकार करने ऄथिा रोजगार लने े हते स्ट्िीकृजत देने ऄथिा ना देन े हते सक्षम प्राजधकारी जनम्नजलजखत ताजलका के ऄन सार होंग े: स्ट्तर सक्षम प्राजधकारी कजनष्ठ प्रबंधन श्रणे ी िेतनमान - I महाप्रबंधक ऄथिा म ख्य महाप्रबंधक (मासंप्र) मध्य प्रबंधन श्रणे ी िेतनमान- II एिं III िररष्ठ प्रबंधन श्रेणी िेतनमान िेतनमान - IV सहायक महाप्रबंधक श्रेणी िेतनमान - V मानि संसाधन के प्रभारी कायचर्पालक जनदिे क ईर्प महाप्रबंधक श्रेणी िेतनमान - VI ईच्च कायचर्पालक श्रणे ी िेतनमान - VII प्रबंध जनदेिक एिं म ख्य कायचर्पालक ऄजधकारी ईच्च कायचर्पालक श्रणे ी िेतनमान - VIII दविदर र्पाल ग्रोिर, महाप्रबंधक [जिज्ञार्पन-III/4/ऄसा./525/19] नोट : भारत सरकार के राजर्पत्र के भाग III, खंड 4 म ें ऄजधसूचना संख्या एचओ:ओएसअर एडं अइ अर:ए/5/6/1196 कदनांक 29.09.2001 द्वारा महत्िर्पूणच जिजनयमन प्रकाजित ककए गए एि ं ऄजधसूचना संख्या बीसीसी/एचअरएम/ अआएल/105/9355-ए कदनांक 27 जसतंबर, 2013 द्वारा जर्पछली बार संिोजधत ककए गए । BANK OF BARODA (HRM Department) (BARODA CORPORATE CENTRE) NOTIFICATION Mumbai, the 31st March, 2020 No. BCC:HRM:EXE:112/275.—In exercise of the powers conferred by section 19, read with sub- section (2) of section 12 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), the Board of Directors of the Bank of Baroda, in consultation with the Reserve Bank of India and with the previous sanction of the Central Government, hereby makes the following regulations further to amend the Bank of Baroda Officer Employees’ (Acceptance of Jobs in Private Sector Concerns After Retirement) Regulations 2001, namely:– 1. (1) These regulations may be called the Bank of Baroda Officer Employees’ (Acceptance of Jobs in Private Sector Concerns after Retirement) (Amendment) Regulations, 2020. (2) They shall come into force with effect from the date of their publication in the official Gazette. 2. In the Bank of Baroda Officer Employees’ (Acceptance of Jobs in Private Sector Concerns After Retirement) Regulations, 2001, – (i) In regulation 4, for sub-regulation (6), the following sub-regulation shall be substituted, namely:- ―(6) Every order passed by the Bank under these Regulations shall be communicated to the person concerned.‖, (ii) After Regulation 4, the following regulation shall be inserted, namely:- ―5. Competent Authority – The competent Authority for granting or refusing permission for acceptance or taking up any employment in private concern after retirement, by an officer employee under Regulation 4, shall be as given in the table below:-[भाग III—खण् ड 4] भारत का राजर्पत्र : ऄसाधारण 3 LEVEL COMPETENT AUTHORITY (1) (2) Junior Management Grade Scale –I General Manager or Chief General Manager Middle Management Grade Scale – II and III (HR) Senior Management Grade Scale – IV Senior Management Grade Scale – V Executive Director heading HR Top Executive Grade Scale – VI Top Executive Grade Scale – VII Managing Director & Chief Executive Top Executive Grade Scale – VIII Officer DEVINDER PAL GROVER, General Manager [ADVT. III/4/Exty./525/19] Note : The principal regulations were published in the Gazette of India, Part III, Section 4 vide notification No. HO:OSR&IR:A/5/6/1196 dated 29.09.2001 and last amended vide notification No. BCC/HRM/ IL/105/9355-A dated 27th September, 2013. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Continue your research