Home India Baroda Gujarat Gramin Bank In exercise of the powers conferred by Section 30 read with ...
Date: 10-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 Baroda Gujarat Gramin Bank · Not Applicable

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Executive Summary & Key Takeaways

Description of the Gazette Notification

  • This gazette notification announces amendments to the Baroda Gujarat Gramin Bank (Officers and Employees) Service Regulations, 2019. 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 capped at 270 days, with encashment limited to a maximum of 240 days.
  • Amendments to Regulation 67: Clarifications and additions regarding privilege leave encashment upon retirement or termination of service. Specific scenarios covered include voluntary retirement (on or after April 1, 2018), compulsory retirement (including punitive measures), and resignation/leaving service.
  • Specific details on encashment upon termination: Employees whose services are terminated due to retrenchment are eligible for encashment of accumulated privilege leave (up to the 270-day limit).
  • Specific details on voluntary retirement: Employees voluntarily retiring on or after April 1, 2018, are eligible for full encashment of accumulated privilege leave (up to the 270-day limit).
  • Specific details on compulsory retirement: Employees compulsorily retired (including as punishment) are eligible for full encashment of accumulated privilege leave, regardless of the period of accumulation.
  • Specific details on resignation/leaving: Employees resigning or leaving service are eligible for encashment of half their accumulated privilege leave, up to a maximum of 120 days.

Impact Analysis

Impact on Employees

  • Need for employees to understand the amended regulations to accurately calculate their potential encashment benefits.

Impact on Baroda Gujarat Gramin Bank

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

Suggested Action Items

  • The bank should provide training to HR personnel on the interpretation and application of the amended regulations.

Key Entities Referenced

Baroda Gujarat Gramin Bank: The regional rural bank whose service regulations are being amended. Bank of Baroda: The sponsor bank for Baroda Gujarat Gramin Bank, consulted on the amendments. National Bank for Agriculture and Rural Development (NABARD): Consulted on the amendments to the service regulations. Central Government of India: Provided prior sanction for the amendments. Regional Rural Banks Act, 1976: The Act under which the bank's board has the power to make these regulations. Baroda Gujarat Gramin Bank (Officers and Employees) Service Regulations, 2019: The regulations that are being amended. Baroda Gujarat Gramin Bank (Employees’) Pension Regulations, 2018: Regulations referenced in the amendments, particularly concerning voluntary retirement.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-जी.जे.-अ.-17102024-257975 xxxGIDHxxx CG-GJ-E-17102024-257975 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 794] नई कदल्ली, बृहस्ट्पजतवार, अक्त बू र 10, 2024/आज‍व न 18, 1946 No. 794] NEW DELHI, THURSDAY, OCTOBER 10, 2024/ASVINA 18, 1946 बड़ौदा गिु रात ग्रामीण बकैं अजधसचू ना वडोदरा, 8 अक्त ूबर, 2024 फा. स.ं बीिीिीबी/एचओ/एचआरएम/06/1763.––प्रादेजिक ग्रामीण बैंक अजधजनयम, 1976 (1976 का 21) की धारा 17 की उपधारा (1) के साथ पठित धारा 30 द्वारा प्रदत्त िजियों का प्रयोग करते हुए बड़ौदा गुिरात ग्रामीण बैंक का जनदेिक मण्डल, प्रयोिक बैंक होने के नात े बैंक ऑफ बड़ौदा और राष्ट्रीय कृजि और ग्रामीण जवकास बैंक के साथ परामि श करने के बाद तथा केंद्र सरकार की पूवश मंिरू ी के साथ, एतदद्वारा बड़ौदा गुिरात ग्रामीण बैंक (अजधकाठरयों और कमशचाठरयों) सेवा जवजनयम, 2019 म ेऔर अजधक संिोधन करने के जलए जनम्नजलजखत जवजनयम बनाता ह,ै यथा :- 1. (1) इन जवजनयमों को बड़ौदा गिु रात ग्रामीण बकैं (अजधकारी और कमचश ारी) सवे ा (सिं ोधन) जवजनयम, 2024 कहा िाएगा. (2) य ेसंिोधन, इनके सरकारी रािपत्र में प्रकाजित होने की जतजथ से लाग ूहो िाएगं े. 2. बड़ौदा गुिरात ग्रामीण बकैं (अजधकारी और कमशचारी) सेवा जवजनयम, 2019 (जिन् ह ें इसके बाद उि जवजनयम कहा िाएगा) म,ें 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 ह,ै जसवाय इसके कक िहां छुट्टी के जलए आवेदन ककया गया हो और उसे अस्ट्वीकार कर कदया गया हो: 6543 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 सजममजलत ककए िाएंग;े 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 हैं, 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 सजममजलत ककए िाएंगे, यथा,- “यह भी प्रावधान ककया िाता ह ै कक िहां कोई अजधकारी अथवा कमशचारी, बड़ौदा गुिरात ग्रामीण बैंक (कमशचारी) पेंिन 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 है, 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 करने के जलए पात्र होगा. यह भी प्रावधान ककया िाता ह ै कक िहां ककसी अजधकारी या कमशचारी को, अजनवायश रूप से सेवाजनवृत्त कर कदया गया हो, जिसमें 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 दते ा ह ै या जवजनयम 10 के उप-जवजनयमन (1) के प्रावधानों के तहत पदत्याग कर देता ह,ै तो वह सवे ा की समाजप्त की जतजथ को उसके खाते में िमा जविेिाजधकार छुट्टी की आधी अवजध की पठरलजब्धयों के बराबर की राजि का भगु तान प्राप् त करने के जलए पात्र होगा, यह अवजध अजधकतम 120 कदन तक की ही हो सकती ह.ै” योगेि कुमार अग्रवाल, अध्यक्ष [जवज्ञापन-III/4/असा./562/2024-25] नोट: समामेलन उपरान्त बड़ौदा गुिरात ग्रामीण बैंक (अजधकाठरयों और कमशचाठरयों) सेवा जवजनयम, 2019 को कदनांक 30.05.2024 के भारत के रािपत्र, भाग III, खडं 4 म,ें कदनांक 29.05.2024 की अजधसूचना संख्या बीिीिीबी/एचओ/एचआरएम/06/596 के माध्यम से प्रकाजित ककया गया था. BARODA GUJARAT GRAMIN BANK NOTIFICATION Vadodara, the 8th October, 2024 F. No. BGGB/HO/HRM/06/1763.––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 Baroda Gujarat Gramin Bank after consultation with Bank of Baroda, 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 Baroda Gujarat Gramin Bank (Officers and Employees) Service Regulations,2019, namely : -[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3 1. (1) These regulations may be called the “Baroda Gujarat Gramin Bank (Officers & Employees) Service (Amendment) Regulations, 2024”. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the “Baroda Gujarat Gramin Bank (Officers & Employees) Service Regulations,2019 (hereinafter referred to as the 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 regulations 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 regulations 27 of the Baroda Gujarat Gramin 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-regulations (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” YOGESH KUMAR AGRAWAL,Chairman [ADVT. -III/4/Exty./562/2024-25] Note : On account of amalgamation w.e.f.01/04/2019, the Baroda Gujarat Gramin Bank (Officers and Employees) Service Regulations,2019 were published in the Gazette of India, Part-III, section-4, dated the 30.05.2024, vide notification number BGGB:HO:HRM:06:596 dated.29.05.2024 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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