Home India Aryavart Kshetriya Gramin Bank In exercise of the powers conferred by Section 30 read with ...
Date: 13-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 the Regional Rural Banks Act

Issued by Aryavart Kshetriya Gramin Bank · Not Applicable

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Executive Summary & Key Takeaways

Description of the Gazette Notification

  • This gazette notification announces amendments to the Aryavart Bank (Officers & Employees) Service Regulations, 2010. These amendments primarily concern the accumulation and encashment of privilege leave and the payment of emoluments upon retirement or termination of service.

Key Changes

  • Amendment to Regulation 61(4): The maximum accumulable 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 payment of privilege leave encashment upon retirement or termination of service under various circumstances. Specifically, new provisions cover voluntary retirement (on or after April 1, 2018), compulsory retirement (including punishment), and resignation.
  • Voluntary Retirement (on or after April 1, 2018): Employees voluntarily retiring after this date, following due notice, are eligible for privilege leave encashment.
  • Compulsory Retirement: Employees compulsorily retired (including as punishment) are eligible for privilege leave encashment for any accumulated period.
  • Resignation/Termination: Employees resigning or having their service terminated under Regulation 10(1) are eligible for encashment of half their accumulated privilege leave, up to a maximum of 120 days.

Impact Analysis

Aryavart Bank Employees

  • Greater financial security for employees who voluntarily retire after April 1, 2018, or are compulsorily retired, including those facing disciplinary action.

Aryavart Bank

  • Need to update internal systems and processes to reflect the amended regulations.

Government

  • Monitoring the financial impact on Aryavart Bank.

Key Entities Referenced

Aryavart Bank: The bank whose service regulations are being amended. Bank of India: The sponsor bank consulted during the amendment process. National Bank for Agriculture and Rural Development (NABARD): Another entity consulted during the amendment process. Regional Rural Banks Act, 1976: The act under which the Aryavart Bank operates and which grants the power to make these amendments. Aryavart Bank (Officers & Employees) Service Regulations, 2010: The regulations being amended by this notification. Aryavart Bank (Employees) Pension Regulations, 2018: Regulations referenced in the amendment regarding voluntary retirement. Central Government: The government that provided prior sanction for the amendments.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-यू.पी.-अ.-16082024-256404 xxxGIDHxxx CG-UP-E-16082024-256404 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 610] नई कदल्ली, मगं लवार, अगस्ट्त 13, 2024/श्रावण 22, 1946 No. 610] NEW DELHI, TUESDAY, AUGUST 13, 2024/SHRAVANA 22, 1946 आर्ावा त ाबकैं अजधसचू ना लखनऊ, 24 िनू , 2024 स.ं आ.ब./सवे ा (सिं ोधन) /2024.—क्षेत्रीर् ग्रामीण बैंक अजधजनर्म, 1976 (1976 का 21) की धारा 17 की उपधारा (1) के साथ पठित धारा 30 द्वारा प्रदत्त िजिर्ों का प्रर्ोग करते हुए, आर्ाावत ा बैंक का जनदेिक मडं ल, प्रार्ोिक बैंक होने के नात े बैंक ऑफ़ इंजडर्ा और राष्ट्रीर् कृजि और ग्रामीण जवकास बैंक के साथ परामिा करने के बाद तथा केंद्र सरकार की पूवा मंिरू ी के साथ, एतद्द्वारा आर्ाावत ा बैंक के (अजधकारी और कमाचारी) सेवा जवजनर्मावली, 2010 म ें और अजधक संिोधन करन े के जलए जनम्नजलजखत जवजनर्म बनाता ह,ै र्था:- 1. (1) इन जवजनर्मों को आर्ावा त ाबकैं (अजधकारी और कमाचारी) सेवा (संिोधन) जवजनर्म, 2024 कहा िाएगा. (2) र् ेसंिोधन, इनके सरकारी रािपत्र में प्रकाजित होने की जतजथ से लाग ूहो िाएगं े. 2. आर्ाावता बैंक (अजधकारी और कमाचारी) सेवा जवजनर्म, 2010 (जिन् ह ें इसके बाद उि जवजनर्म कहा िाएगा) म,ें जवजनर्म 61 के उप-जवजनर्मन (4) के जलए, जनम्नजलजखत उप-जवजनर्मन प्रजतस्ट्थाजपत ककर्ा िाएगा, र्था:- “(4) जविेिाजधकार अवकाि 270 कदनों स े अजधक तक का नहीं िमा ककर्ा िा सकता है, जसवार् इसके कक िहा ं छुट्टी के जलए आवेदन ककर्ा गर्ा हो और उसे अस्ट्वीकार कर कदर्ा गर्ा हो: बिते कक जविेिाजधकार अवकाि का नकदीकरण अजधकतम 240 कदन के जलए ही ककर्ा िा सकेगा.” 5134 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] 3. उि जवजनर्मों के जवजनर्म 67 के,- क) दसू रे प्रावधान म,ें “बैंक की सेवा स े सेवाजनवृत्त” िब्दों के बाद, “जवजनर्मन 11 के प्रावधानों के अंतगता ” िब्द सजममजलत ककए िाएंगे; ख) तीसरे प्रावधान के स्ट्थान पर जनम्नजलजखत प्रावधान िाजमल ककर्ा िाएगा, र्था:- “र्ह भी प्रावधान ककर्ा िाता ह ै कक उस कमाचारी के संबंध म ें जिसकी सेवाएं छंटनी के कारण समाप्त कर दी िाती हैं, वह जविेिाजधकार अवकाि की अवजध के जलए पठरलजब्धर्ों के बराबर की राजि का भगु तान प्राप् त करन े के जलए पात्र होगा, िो उसने जवजनर्मन 61 के उप-जवजनर्मन (4) के अधीन िमा कर रखा था.” ग) तीसरे प्रावधान के बाद, जनम्नजलजखत प्रावधान सजममजलत ककए िाएंग,े र्था,- “र्ह भी प्रावधान ककर्ा िाता ह ै कक िहां कोई अजधकारी अथवा कमाचारी, आर्ाावत ा बैंक (कमाचारी का नाम) पेंिन जवजनर्म, 2018 के जवजनर्मन 27 के उप-जवजनर्म (1) और (2) के तहत जवजधवत ् नोठटस देने के बाद अपनी स्ट्वेच्छा स े कदनांक 01 अप्रलै 2018 को र्ा उसके बाद सेवा स े सेवाजनवृत्त होता ह,ै तो वह अपन े द्वारा जवजनर्म 61 के उप-जवजनर्म (4) के अधीन संजचत जविेिाजधकार अवकाि की अवजध के जलए पठरलजब्धर्ों के बराबर की राजि का भुगतान प्राप् त करन े के जलए पात्र होगा. र्ह भी प्रावधान ककर्ा िाता है कक िहां ककसी अजधकारी र्ा कमाचारी को, अजनवार्ा रूप से सेवाजनवृत्त कर कदर्ा गर्ा हो, जिसमें दंड भी िाजमल ह,ै वह जवजनर्मन 61 के उप-जवनर्म (4) के अधीन, ककसी भी अवजध की पठरलजब्धर्ों के बराबर की राजि का भुगतान प्राप् त करने के जलए पात्र होगा. र्ह भी प्रावधान ककर्ा िाता ह ै कक िहां कोई अजधकारी र्ा कमाचारी सेवा छोड़ देता ह ै र्ा काम पर आना बंद कर दते ा ह ै र्ा जवजनर्म 10 के उप-जवजनर्मन (1) के प्रावधानों के तहत पदत्र्ाग कर देता ह,ै तो वह सवे ा की समाजप्त की जतजथ को उसके खाते में िमा जविेिाजधकार छुट्टी की आधी अवजध की पठरलजब्धर्ों के बराबर की राजि का भुगतान प्राप् त करने के जलए पात्र होगा, र्ह अवजध अजधकतम 120 कदन तक की ही हो सकती ह.ै ” संतोि. एस, अध्र्क्ष [जवज्ञापन-III/4/असा./379/2024-25] नोट: आर्ाावता बैंक (अजधकारी और कमाचारी) सेवा जवजनर्मन, 2010 को कदनांक 09.05.2019 के भारत के रािपत्र, भाग III, खंड 4 में कदनांक 15.05.2019 की अजधसूचना संख्र्ा 155 के माध्र्म से प्रकाजित ककर्ा गर्ा था और बाद म ें कदनांक________ की अजधसूचना संख्र्ा_____________ द्वारा संिोजधत ककर्ा गर्ा था. ARYAVART BANK NOTIFICATION Lucknow, the 24th June, 2024 No. AB/Service (Amendment)/2024.—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 Aryavart Bank after consultation with Bank of India, 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 Aryavart Bank (Officers & Employees) Service Regulations, 2010, namely:- 1. (1) These Regulations may be called Aryavart 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 Aryavart 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 Aryavart 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." SANTHOSH. S, Chairman [ADVT.-III/4/Exty./379/2024-25] Note: The Aryavart Bank (Officers and Employees) Service Regulations, 2010 were published in the Gazette of India, Part III, section 4, dated the 9th May, 2019, vide notification number 155 dated the 15th May, 2019 and subsequently amended vide notification number……… dated the……. 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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