Home India Odisha Gramya Bank In exercise of the powers conferred by section 30 read with ...
Date: 21-Oct-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 the Regional Rural Banks Act

Issued by Odisha Gramya Bank · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • This gazette notification announces amendments to the Odisha Gramya Bank (Officers & Employees) Service Regulations, 2010. These amendments primarily concern the accumulation and encashment of privilege leave for bank officers and employees upon retirement or leaving the bank.

Key Changes

  • Amendment to Regulation 61(4): The maximum accumulable privilege leave is capped at 270 days, with encashment limited to a maximum of 240 days.
  • Amendment to Regulation 67: Several new provisos were added regarding privilege leave encashment upon retirement or leaving service. These cover scenarios including voluntary retirement (on or after April 1, 2018), compulsory retirement (including punitive measures), and resignation or discontinuation of service.
  • Voluntary Retirement (post April 1, 2018): Employees voluntarily retiring after April 1, 2018, are eligible for encashment of accumulated privilege leave (up to the limits specified).
  • Compulsory Retirement: Employees compulsorily retired, including as punishment, are eligible for encashment of accumulated privilege leave (up to the limits specified).
  • Resignation or discontinuation: Employees resigning or leaving service will receive encashment for half of their accumulated privilege leave, up to a maximum of 120 days.
  • Clarification on Retirement under Regulation 11: The amendment clarifies that retirement under regulation 11 is also considered when determining privilege leave encashment.

Impact Analysis

Employees

  • Need for employees to understand the amended regulations to determine their eligibility for encashment.

Odisha Gramya Bank

  • Need to update internal policies and procedures to reflect the changes in the regulations.

Indian Overseas Bank & NABARD

  • Need to be aware of the changes for their role in overseeing Odisha Gramya Bank's operations.

Government of India

  • The amendment reflects the government's oversight of Regional Rural Banks and its role in approving such regulatory changes.

Suggested Action Items

  • The bank should conduct an impact assessment to determine the financial implications of the changes.

Key Entities Referenced

Odisha Gramya Bank: A regional rural bank whose service regulations have been amended. Indian Overseas Bank: The sponsor bank for Odisha Gramya Bank, consulted on the amendments. National Bank for Agriculture and Rural Development (NABARD): Consulted on the amendments to the Odisha Gramya Bank service regulations. Central Government of India: Gave prior sanction to the amendments. Regional Rural Banks Act, 1976: The act under which the Odisha Gramya Bank's board of directors has the power to make these amendments. Odisha Gramya Bank (Officers & Employees) Service Regulations, 2010: The regulations that have been amended by this notification. Odisha Gramya Bank (Employees’) Pension Regulations, 2018: Regulations referenced in the amendment concerning voluntary retirement.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-ओ.आर.-अ.-23102024-258154 xxxGIDHxxx CG-OR-E-23102024-258154 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 847] नई कदल्ली, सोमवार, अक्त बू र 21, 2024/आज‍व न 29, 1946 No. 847] NEW DELHI, MONDAY, OCTOBER 21, 2024/ASVINA 29, 1946 ओजडिा ग्राम्य बकैं अजधसचू ना भुवनेश्वर, 19 अक्टूबर, 2024 स.ं सीएच/एचआरडी/831/2024-25—क्षेत्रीय ग्रामीण बैंक अजधजनयम, 1976 (1976 का 21) की धारा 17 की उपधारा (1) के साथ पठित धारा 30 द्वारा प्रदत्त िजियों का प्रयोग करत े हुए, ओजडिा ग्राम्य बैंक का जनदेिक मंडल, प्रायोिक बैंक होने के नाते इंजडयन ओवरसीि बैंक और राष्ट्रीय कृजि और ग्रामीण जवकास बैंक के साथ परामि श करन े के बाद तथा केंद्र सरकार की पूवश मंिरू ी के साथ, एतद्द्वारा ओजडिा ग्राम्य बैंक के (अजधकारी और कमशचारी) सेवा जवजनयमावली, 2010 में और अजधक संिोधन करने के जलए जनम्नजलजखत जवजनयम बनाता ह,ै यथा:— 1. (1) इन जवजनयमों को ओजडिा ग्राम्य बैंक (अजधकारी और कमशचारी) सेवा (संिोधन) जवजनयम, 2024 कहा िाएगा। (2) य ेसंिोधन, इनके सरकारी रािपत्र में प्रकाजित होने की जतजथ से लाग ूहो िाएगं े। 2. ओजडिा ग्राम्य बैंक (अजधकारी और कमशचारी) सेवा जवजनयम, 2010 (जिन् ह ें इसके बाद उि जवजनयम कहा िाएगा) में, जवजनयम 61 के उप-जवजनयमन (4) के जलए, जनम्नजलजखत उप-जवजनयमन प्रजतस्ट्थाजपत ककया िाएगा, यथा: — “(4) जविेिाजधकार अवकाि 270 कदनों से अजधक तक का नहीं िमा ककया िा सकता है, जसवाय इसके कक िहां छुट्टी के जलए आवेदन ककया गया हो और उसे अस्ट्वीकार कर कदया गया हो: 6845 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] बिते कक जविेिाजधकार अवकाि का नकदीकरण अजधकतम 240 कदन के जलए ही ककया िा सकेगा।” 3. उि जवजनयमों के जवजनयम 67 के, — क) दसू रे प्रावधान म,ें “बैंक की सेवा स े सेवाजनवृत्त” िब्दों के बाद, “जवजनयमन 11 के प्रावधानों के अंतगतश ” िब्द सजम्मजलत ककए िाएंगे; ख) तीसरे प्रावधान के स्ट्थान पर जनम्नजलजखत प्रावधान िाजमल ककया िाएगा, यथा: — “यह भी प्रावधान ककया िाता ह ै कक उस कमशचारी के संबंध म ेंजिसकी सेवाएं छंटनी के कारण समाप्त कर दी िाती ह,ैं वह जविेिाजधकार अवकाि की अवजध के जलए पठरलजब्धयों के बराबर की राजि का भगु तान प्राप् त करन े के जलए पात्र होगा, िो उसन े जवजनयमन 61 के उप-जवजनयमन (4) के अधीन िमा कर रखा था।” ग) तीसरे प्रावधान के बाद, जनम्नजलजखत प्रावधान सजम्मजलत ककए िाएंग,े यथा, — “यह भी प्रावधान ककया िाता ह ै कक िहां कोई अजधकारी अथवा कमशचारी, ओजडिा ग्राम्य बकैं (कमशचारी) पिें न जवजनयम, 2018 के जवजनयमन 27 के उप-जवजनयम (1) और (2) के तहत जवजधवत ् नोठटस देने के बाद अपनी स्ट्वेच्छा स े कदनांक 01 अप्रलै , 2018 को या उसके बाद सेवा स े सेवाजनवृत्त होता ह,ै तो वह अपने द्वारा जवजनयम 61 के उप-जवजनयम (4) के अधीन संजचत जविेिाजधकार अवकाि की अवजध के जलए पठरलजब्धयों के बराबर की राजि का भुगतान प्राप् त करन े के जलए पात्र होगा। यह भी प्रावधान ककया िाता है कक िहां ककसी अजधकारी या कमशचारी को, अजनवायश रूप से सेवाजनवृत्त कर कदया गया हो, जिसम ें दंड भी िाजमल ह,ै वह जवजनयमन 61 के उप-जवनयम (4) के अधीन, ककसी भी अवजध की पठरलजब्धयों के बराबर की राजि का भुगतान प्राप् त करन े के जलए पात्र होगा। यह भी प्रावधान ककया िाता ह ैकक िहां कोई अजधकारी या कमशचारी सेवा छोड़ देता ह ै या काम पर आना बंद कर देता ह ै या जवजनयम 10 के उप-जवजनयमन (1) के प्रावधानों के तहत पदत्याग कर देता ह,ै तो वह सेवा की समाजप्त की जतजथ को उसके खाते में िमा जविेिाजधकार छुट्टी की आधी अवजध की पठरलजब्धयों के बराबर की राजि का भुगतान प्राप् त करन े के जलए पात्र होगा, यह अवजध अजधकतम 120 कदन तक की ही हो सकती ह।ै ” ऋजि ससंह, अध् यक्ष [जवज्ञापन-III/4/असा./616/2024-25] नोट:—ओजडिा ग्राम्य बैंक (अजधकारी और कमशचारी) सेवा जवजनयम, 2010 को 13 नवंबर, 2010 को िारी अजधसूचना संख्या 46 के माध्यम से भारत के रािपत्र भाग III, खंड 4 में प्रकाजित ककया गया था और बाद में 31 कदसंबर, 2013 को अजधसूचना संख्या 345 और 12 कदसंबर, 2018 को अजधसूचना संख्या 487 म ेंसंिोधन ककया गया था। ODISHA GRAMYA BANK NOTIFICATION Bhubaneswar, 19th October, 2024 No. CH/HRD/ 831 /2024-25—In exercise of the powers conferred by section 30 read with sub-section (1) of Section 17 of the Regional Rural Banks Act, 1976 (21 of 1976), the Board of directors of Odisha Gramya Bank after consultation with Indian Overseas 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 Odisha Gramya Bank (Officers & Employees) Service Regulations,2010, namely: — 1. (1) These Regulations may be called Odisha Gramya Bank ( Officers & Employees) Service (Amendment) Regulations, 2024. (2) They shall come into force on the date of their publication in the Official Gazette.[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3 2. In the Odisha Gramya Bank (Officers and Employees) Service 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 of April 2018, after giving due notice under sub-regulations (1) and (2) of regulation 27 of the Odisha Gramya 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.” RISHI SINGH, Chairman [ADVT.-III/4/Exty./616/2024-25] Note:—The Odisha Gramya Bank (Officers and Employees) Service Regulations, 2010 were published in the Gazette of India, Part III, section 4, vide notification number 46 dated the 13th November, 2010 and subsequently amended vide notification number 345 dated the 31st December, 2013 and notification number 487 dated 12th December, 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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