Home India BANGIYA GRAMIN VIKASH BANK In exercise of the powers conferred by Section 30 read with ...
Date: 09-Sep-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 BANGIYA GRAMIN VIKASH BANK · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • This gazette notification announces amendments to the Bangiya Gramin Vikash Bank (Officers & 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(4): The maximum accumulation of privilege leave is increased to 270 days from a previous unspecified limit, but encashment is capped at 240 days.
  • Amendment to Regulation 67: Clarifications and additions regarding privilege leave encashment upon retirement or termination of service. Specifically, it outlines conditions for encashment for employees retiring voluntarily (on or after April 1, 2018), those compulsorily retired (including punishment), and those leaving/discontinuing service or resigning. The amendment also adds a clause specifying that encashment for those retiring from the bank's service falls under Regulation 11's provisions.
  • New Provisos added to Regulation 67: These provisos detail the conditions under which employees are eligible for privilege leave encashment in various scenarios (voluntary retirement after April 1, 2018, compulsory retirement, resignation, etc.). The amount of encashment varies depending on the circumstances (full accumulated leave up to 240 days, or half the accumulated leave up to a maximum of 120 days).

Impact Analysis

Impact on Employees

  • Variations in encashment amounts depending on the reason for leaving the bank.

Impact on the Bank

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

Action Items

  • Communicate the changes clearly to all employees.

Key Entities Referenced

Bangiya Gramin Vikash Bank: The bank whose service regulations are being amended. Punjab National Bank: The sponsor bank consulted during the amendment process. National Bank for Agriculture and Rural Development: Another entity consulted during the amendment process. Central Government: The government that gave prior sanction to the amendments. Regional Rural Banks Act, 1976: The act under which the bank's board of directors has the power to make these amendments. Bangiya Gramin Vikash Bank (Officers & Employees) Service Regulations, 2010: The regulations that are being amended. Bangiya Gramin Vikash Bank (Employees’) Pension Regulations, 2018: Regulations referenced in the amendment concerning voluntary retirement.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-11092024-257041 xxxGIDHxxx CG-DL-E-11092024-257041 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 701] नई दिल्ली, सोमिार, जसतम्ब र 9, 2024/भाद्र 18, 1946 No. 701] NEW DELHI, MONDAY, SEPTEMBER 9, 2024/BHADRA 18, 1946 बगं ीय ग्रामीण जिकास बकैं अजधसचू ना नई दिल्ली, 9 जसतम्बर, 2024 स.ं ब.ंग्रा.जि.ब.ैं/प्र.का./मा.स.ं/4637/2024-25.—क्षेत्रीय ग्रामीण बैंक अजधजनयम,1976 (176 का 21) की धारा 17की उपधारा (1) के साथ पठित धारा 30 द्वारा प्रित्त िजियों का प्रयोग करत े हुए, बंगीय ग्रामीण जिकास बैंक का जनिेिक मंडल, प्रायोिक बैंक होने के नाते पंिाब निै नल बैंक और राष्ट्रीय कृजि और ग्रामीण जिकास बैंक के साथ परामिश करने के बाि तथा केंद्र सरकार की पूिश मंिूरी के साथ, एतद्द्वारा बंगीय ग्रामीण जिकास बैंक के (अजधकारी और कमशचारी) सेिा जिजनयमािली, 2010 म ेंऔर अजधक संिोधन करन े के जलए जनम्नजलजखत जिजनयम बनाता ह,ै यथा-: 1. (1) इन जिजनयमों को बगं ीय ग्रामीण जिकास बैंक (अजधकारी और कमशचारी) सेिा सिं ोधन जिजनयम, 2024 कहा िाएगा। (2) यह संिोधन, इनके सरकारी रािपत्र म ेंप्रकाजित होन े की जतजथ स ेलाग ू हो िाएंगे। 2. बंगीय ग्रामीण जिकास बैंक (अजधकारी और कमशचारी) सेिा जिजनयम, 2010 जिन्ह ें इसके बाि उि जिजनयम कहा िाएगा) म,ें जिजनयम 61 के उप-जिजनयमन (4) के जलए, जनम्नजलजखत उप-जिजनयमन प्रजतस्ट्थाजपत दकया िाएगा, यथा- : “(4) जििेिाजधकार अिकाि 270 दिनों स ेअजधक तक का नहीं िमा दकया िा सकता ह,ै जसिाय इसके दक िहा ं 5770 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] छुट्टी के जलए आिेिन दकया गया हो और उस े अस्ट्िीकार कर दिया गया हो: बिते दक जििेिाजधकार अिकाि का नकिीकरण अजधकतम 240 दिन के जलए ही दकया िा सकेगा।” 3. उि जिजनयमों के जिजनयम 67 के, - क) िसू रे प्रािधान म,ें “बैंक की सेिा स ेसेिाजनिृत्त” िब्िों के बाि,“ जिजनयमन 11 के प्रािधानों के अंतगतश ”िब्ि सजम्मजलत दकए िाएंगे; ख) तीसरे प्रािधान के स्ट्थान पर जनम्नजलजखत प्रािधान िाजमल दकया िाएगा, यथा-: “यह भी प्रािधान दकया िाता ह ै दक उस कमशचारी के संबंध में जिसकी सेिाए ं छंटनी के कारण समाप्त कर िी िाती ह,ैं िह जििेिाजधकार अिकाि की अिजध के जलए पठरलजब्धयों के बराबर की राजि का भगु तान प्राप्त करने के जलए पात्र होगा, िो उसने जिजनयमन 61 के उप-जिजनयमन (4) के अधीन िमा कर रखा था।” ग) तीसरे प्रािधान के बाि, जनम्नजलजखत प्रािधान सजम्मजलत दकए िाएंग,े यथा,- “यह भी प्रािधान दकया िाता ह ै दक िहां कोई अजधकारी अथिा कमशचारी, बंगीय ग्रामीण जिकास बैंक (कमशचारी) पेंिन जिजनयम, 2018 के जिजनयमन 27 के उप-जिजनयम (1) और (2) के तहत जिजधित् नोठटस िेने के बाि अपनी स्ट्िेच्छा स े दिनांक 01 अप्रलै 2018 को या उसके बाि सेिा स े सेिाजनिृत्त होता ह,ै तो िह अपने द्वारा जिजनयम 61 के उप-जिजनयम (4) के अधीन संजचत जििेिाजधकार अिकाि की अिजध के जलए पठरलजब्धयों के बराबर की राजि का भुगतान प्राप्त करन े के जलए पात्र होगा। यह भी प्रािधान दकया िाता ह ैदक िहां दकसी अजधकारी या कमशचारी को, अजनिाय श रूप स े सेिाजनिृत्त कर दिया गया हो, जिसम ें िडं भी िाजमल ह,ै िह जिजनयम 61 के उप-जिजनयम (4) के अधीन, दकसी भी अिजध की पठरलजब्धयों के बराबर की राजि का भुगतान प्राप्त करने के जलए पात्र होगा। यह भी प्रािधान दकया िाता ह ै दक िहां कोई अजधकारी या कमशचारी सेिा छोड़ िते ा ह ै या काम पर आना बंि कर िते ा ह ै या जिजनयम 10 के उप-जिजनयमन (1) के प्रािधानों के तहत पित्याग कर िेता ह,ै तो िह सिे ा की समाजप्त की जतजथ को उसके खाते म ें िमा जििेिाजधकार छुट्टी की आधी अिजध की पठरलजब्धयों के बराबर की राजि का भुगतान प्राप्त करने के जलए पात्र होगा, यह अिजध अजधकतम 120 दिन तक की ही हो सकती ह।ै ” आलोक के गोयल, अध्यक्ष [जिज्ञापन-III/4/असा./471/2024-25] नोट: बंगीय ग्रामीण जिकास बैंक (अजधकारी और कमशचारी) सेिा जिजनयम, 2010 को दिनांक 15 निंबर 2010 के भारत के रािपत्र, भाग III, खंड 4 म ें दिनांक 15 निंबर 2010 की अजधसूचना संख्या 303 के माध्यम स े प्रकाजित दकया गया था और बाि म ेंदिनांक 20 निंबर 2013 की अजधसूचना संख्या 293 द्वारा संिोजधत दकया गया था। BANGIYA GRAMIN VIKASH BANK NOTIFICATION New Delhi, the 9th September, 2024 No. BGVB/HO/HR/4637/2024-25.—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 Bangiya 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 Bangiya Gramin Vikash Bank (Officers & Employees) Service[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3 Regulations, 2010, namely:- 1. (1) These Regulations may be called Bangiya Gramin Vikash Bank (Officers and Employees) Service (Amendment) Regulations, 2024 (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Bangiya Gramin Vikash Bank (Officers & 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 Bangiya 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." ALOK K GOEL, Chairman [ADVT.-III/4/Exty./471/2024-25] Note : The Bangiya Gramin Vikash Bank (Officers & Employees) Service Regulations, 2010 were published in the Gazette of India, Part III, section 4, dated the 15th November, 2010 vide notification number 303 dated the 15th November 2010 and subsequently amended vide notification number 293 dated the 20th November, 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.

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