Home India Assam Gramin Vikash Bank In exercise of the powers conferred by section 30 read with ...
Date: 06-Aug-2024 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by section 30 read with sub section 1 of Section 17 of Regional Rural Banks Act,

Issued by Assam Gramin Vikash Bank · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • This gazette notification announces amendments to the Assam Gramin Vikash Bank (Officers and Employees) Service Regulations, 2010. These amendments primarily concern the accumulation and encashment of privilege leave for bank officers and employees.

Key Changes

  • Amendment to Regulation 61 (Privilege Leave): The maximum accumulation of privilege leave is capped at 270 days, down from an unspecified previous limit. Encashment is limited to a maximum of 240 days.
  • Amendment to Regulation 67 (Conditions for Privilege Leave Encashment): New provisos added to clarify encashment conditions for various scenarios including voluntary retirement (on or after April 1, 2018), compulsory retirement (including punishment), and resignation under Regulation 10. Specific encashment limits apply to each scenario. For voluntary retirement on or after April 1, 2018 and compulsory retirement, encashment is subject to sub-regulation (4) of regulation 61 (maximum 240 days). For resignation under Regulation 10, the maximum encashment is 120 days.
  • Additional Clarification in Regulation 67: A clause was added to clarify that the second proviso applies to employees retiring under the provisions of regulation 11.

Impact Analysis

Impact on Assam Gramin Vikash Bank Employees

  • The new limits on leave accumulation and encashment may require employees to adjust their leave planning.

Impact on Assam Gramin Vikash Bank

  • The bank's HR department will need to provide training and guidance to employees on the amended regulations.

Impact on Sponsor Bank (Punjab National Bank) and NABARD

  • These entities were consulted on the amendments and their approval was obtained. The changes might indirectly impact their relationship with AGVB.

Key Entities Referenced

Assam Gramin Vikash Bank (AGVB): The bank whose service regulations are being amended. Punjab National Bank: The sponsor bank for AGVB. National Bank for Agriculture and Rural Development (NABARD): A key stakeholder consulted on the amendments. Regional Rural Banks Act, 1976: The Act under which the amendments are made. Assam Gramin Vikash Bank (Officers and Employees) Service Regulations, 2010: The regulations being amended. Previously amended on 07 January 2013 and 26 November 2018. Assam Gramin Vikash Bank (Employees’) Pension Regulations, 2018: Regulations referenced in the amendment to Regulation 67.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-ए.एस.-अ.-17082024-256465 xxxGIDHxxx CG-AS-E-17082024-256465 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 596] नई दिल्ली, मगं लवार, अगस्ट्त 6, 2024/ श्रावण 15, 1946 No. 596] NEW DELHI, TUESDAY, AUGUST 6, 2024/ SHRAVANA 15, 1946 vle xzkeh.k fodkl cSad अजधसचू ना xqokgkVh, 19 tqykbZ, 2024 la[;k% ,thohch@ihbvkj@b,lVhVh&ch@01@2024&25.—{ks=h; xzkehs.k cSad vf/kfu;e] 1976 ¼1976 dk 21½ dh /kkjk 17 dh mi/kkjk ¼1½ ds lkFk ifBr /kkjk 30 }kjk iznŸk 'kfDr;ks dk iz;ksx djrs gq,] vle xzkeh.k fodkl cSad dk funs'kd eaMy] izk;kstd cSads gksus ds ukrs iatkc us'kuy cSad vkSj jk"Vªh; Ñf"k vkSj xzkeh.k fodkl cSads ds lkFk ijke’kZ djus ds ckn rFkk dsna z ljdkj dh iwoZ eatwjh ds lkFk] ,r}kjk vle xzkeh.k fodkl cSad ds ¼vf/kdkjh vkSj deZpkjh½ lsok fofu;ekoyh] 2010 es vkSj vf/kd la'kks/ku dju s ds fy, fuEufyf[kr fofu;e cukrk gS ] ;Fkk%& 1- ¼1½ bu fofu;ekas dks vle xzkeh.k fodkl cSad ¼vf/kdkjh vkSj deZpkjh½ lsok ¼la'kks/ku½ fofu;e] 2024 dgk tk,xkA ¼2½ ;s l'a kks/ku] buds ljdkjh jkti= e s izdkf'kr gksus dh frfFk ls ykxw gks tk,sxa s A 2- vle xzkeh.k fodkl cSad ¼vf/kdkjh vkSj deZpkjh½ lsok fofu;e] 2010 ¼ftUgs blds ckn mä fofu;e dgk tk,xk½ es] fofu;e 61 ds mi& fofu;eu ¼4½ ds fy,] fuEufyf[kr mi&fofu;e izfrLFkkfir fd;k tk,xk] ;Fkk%& Þ¼4½ fo'ks"kkf/kdkj vodk'k 270 fnuks a ls vf/kd rd dk ugh tek fd;k tk ldrk gS ] flok; blds fd tgka NqV~Vh ds fy, vkosnu fd;k x;k gks vkSj mls vLohdkj dj fn;k x;k gks % c'krZs fd fo'ks"kkf/kdkj vodk'k dk udnhdj.k vf/kdre 240 fnu ds fy, gh fd;k tk ldsxk- ß 3- mä fofu;ekas ds fofu;e 67 ds] & 4958 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] d½ nlw js izko/kku es]a ß cSad dh lsok ls lsokfuo`Ÿk ß 'kCnks a ds ckn] ß fofu;eu 11 ds izko/kkuks ds varxZrß 'kCn lfEefyr fd, tk,axs( [k½ rhljs izko/kku ds LFkku ij fuEufyf[kr izko/kku 'kkfey fd;k tk,xk] ;Fkk%& ß;g Hkh izko/kku fd;k tkrk gS fd ml deZpkjh ds laca/k e s ftldh lsok,a NaVuh ds dkj.k lekIr dj nh tkrh gSa] og fo'ks"kkf/kdkj vodk'k dh vof/k ds fy, ifjyfC/k;ks a ds cjkcj dh jkf'k dk Hkqxrku izkIr dju s ds fy, ik= gksxk tks mlus fofu;eu 61 ds mi&fofu;eu ¼4½ ds v/khu tek dj j[kk FkkAß x½ rhljs izko/kku ds ckn] fuEufyf[kr izko/kku lfEefyr fd, tk,axs] ;Fkk] & Þ;g Hkh izko/kku fd;k tkrk gS fd tgka dksbZ vf/kdkjh vFkok deZpkjh vle xzkeh.k fodkl cSad ds ¼deZpkjh½ is'a ku fofu;e] 2018 ds fofu;eu 27 ds mi&fofu;e ¼1½ vkSj ¼2½ ds rgr fof/kor~ uksfVl nus s ds ckn viuh LosPNk ls fnukad 01 vizSy 2018 dks ;k mlds ckn lsok ls lsokfuo`r gksrk gS] rks og viu s }kjk fofu;e 61 mi& fofu;e ¼4½ ds v/khu lafpr fo'ks"kkf/kdkj vodk’k dh vof/k fd fy, ifjyfC/k;kas ds cjkcj dh jkf'k dk “xq rku izkIr djus ds fy, ik= gksxkA ;g Hkh izko/kku fd;k tkrk gS fd tgka fdlh vf/kdkjh ;k deZpkjh dks] vfuok;Z :Ik ls lsokfuo`Ÿk dj fn;k x;k gks] ftles a nMa Hkh ’kkfey gS] og fofu;eu 61 ds mi&fofu;e ¼4½ ds v/khu] fdlh “h vof/k dh ifjyfC/k;ks a ds cjkcj dh jkf'k dk Hkqxrku izkIr djus ds fy, ik= gksxkA ;g Hkh izko/kku fd;k tkrk gS fd tgka dksbZ vf/kdkjh ;k depZ kjh lsok NksM- nsrk gS ;k dke ij vkuk can dj nrs k gS ;k fofu;e 10 ds mi&fofu;e ¼1½ ds izko/kkuks a ds rgr in R;kx dj nsrk gS ] rks og lsok lekfIr dh frfFk dks mlds [kkrs e s tek fo'ks"kkf/kdkj NqV~Vh dh vk/kh vof/k dh ifjyfC/k;ks a ds cjkcj dh jkf’k dk Hkqxrku izkIr djus ds fy, ik= gksxk] ;g vof/k vf/kdre 120 fnu rd dh gks ldrh gSAÞ ncs k'kh"k xaxksik/;k;] v/;{k [जवज्ञापन-III/4/असा./366/2024-25] uksV% vle xzkeh.k fodkl cSad ¼vf/kdkjh vkSj deZpkjh½ lsok fofu;eu] 2010 dks fnukad 03 uoEcj 2010 ds “kjr ds jkti=] Hkkx III] [kaM 4 e s fnukad 03 uoEcj 2010 dh vf/klwpuk la[;k 294 ds ek/;e ls izdkf'kr fd;k x;k Fkk vkSj ckn es fnukad 7 tuojh 2013 dh vf/klwpuk la[;k ,thohch@ihbvkj @bZ,lVhVh&ch @08@01@2012&13 vkSj fnukad 26 uoEcj 2018 dh vf/klwpuk la[;k ,thohch ihbvkj @bZ,lVhVh&ch@08@02@2018&19 }kjk la’kksf/kr fd;k x;k Fkk A ASSAM GRAMIN VIKASH BANK NOTIFICATION Guwahati, 19 July, 2024 No. AGVB/PER/ESTT-B/01/2024-25.—In exercise of the powers conferred by section 30 read with sub section (1) of Section 17 of Regional Rural Banks Act, 1976 (21 of 1976), the Board of Directors of Assam Gramin Vikash Bank after consultation with Punjab National Bank, being the Sponsor Bank and the National Bank for Agriculture and Rural Development and with the previous sanction of the Central Government, hereby makes the following regulations to further amend the Assam Gramin Vikash Bank (Officers and Employees) Service Regulations, 2010 namely:- 1. (1) These regulations may be called Assam Gramin Vikash Bank (Officers and Employees) Service (Amendment) Regulations, 2024.[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3 (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Assam Gramin Vikash Bank (Officers and Employees) Service (Amendment) Regulations, 2010( hereinafter referred to as said regulations), in the regulations 61 for sub-regulation (4), the following sub-regulation shall be substituted, namely:- “(4) Privilege Leave may be accumulated up to not more than 270 days, except where leave has been applied for and it has been refused: Provided that encashment of Privilege Leave shall be restricted up to a maximum of 240 days.” 3. In the said regulations, in regulation 67:- (a) In second proviso, after the words “retires from the service of the Bank”, the words “under the provisions of regulation 11” shall be inserted; (b) For Third Proviso, the following proviso shall be substituted, namely:- “Provided also that in respect of the employee where his services are terminated owing to retrenchment, he shall be eligible to be paid a sum equivalent to the emoluments for the period of privilege leave he had accumulated subject to sub-regulation (4) of regulation 61. (c) After third proviso, the following provisos shall be inserted, namely:- “Provided also that where an officer or employee voluntarily retires from service on or after the 1st April 2018, after giving due notice under sub- regulation (1) and (2) of regulation 27 of the Assam Gramin Vikash Bank (Employees’) Pension Regulations, 2018, he shall be eligible to be paid a sum equivalent to the emoluments for the period of privilege leave he had accumulated, subject to sub-regulation (4) of regulation 61. Provided also that where an officer or employee has been compulsorily retired including as a measure of punishment, he shall be eligible to be paid a sum equivalent to the emoluments of any period, subject to sub-regulation (4) of regulation 61. Provided also that where an officer or employee leaves or discontinues from service or resigns under the provisions of sub-regulation (1) of regulation 10, he shall be eligible to be paid a sum equivalent to the emoluments in respect of privilege leave to the extent of half of such leave to his credit on the date of cessation of service, subject to a maximum of 120 days.” DEBASISH GANGOPDHYAY, Chairman [ADVT.-III/4/Exty./366/2024-25] Note: The Assam Gramin Vikash Bank (Officers and Employees) Service Regulations, 2010 were published in the Gazette of India, Part III, Section 4 dated 03 November 2010 vide notification number 294 dated 03 November, 2010 and subsequently amended vide notification number AGVB/PER/ESTT-B/08/01/2012-13, dated the 07 January2013 and vide notification number AGVB/PER/ESTT-B/08/02/2018-19, dated 26 November 2018. 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.

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