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Date: 2013-12-31 Category: Extra Ordinary State: Union Government Country: India

regulations may be called Odisha Gramya Bank Service (Amendment) Regulations, 2013

Issued by Odisha Gramya Bank · NOT available

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Executive Summary & Key Takeaways

Executive Summary: This document contains amendments to the Odisha Gramya Bank Officers and Employees Service Regulations, 2010. These amendments, called the Odisha Gramya Bank Service Amendment Regulations, 2013, were established following consultations with the Indian Overseas Bank, the National Bank for Agriculture and Rural Development, and with the previous sanction of the Central Government. The regulations come into force on the date of their publication in the Official Gazette (December 31, 2013). Key Points / Main Content: Amendment Regulations: * The regulations are named the "Odisha Gramya Bank Service Amendment Regulations, 2013." * These regulations take effect from the date of their publication in the Official Gazette. Changes to Definition of Competent Authority (Regulation 2): * For Officer Scale III, IV, and V, the Competent Authority is the Chairman. * For Officer Scale I and II, the Competent Authority is the General Manager. * For Group B Office Assistant Multipurpose and Group C Office Attendant Multipurpose, the Competent Authority is an officer not below the rank of Scale IV as decided by the Board. Changes to Regulation 50: * Where the Chairman is the Competent Authority, the Board is referenced. * Where the General Manager is the Competent Authority, the Chairman is referenced. * Where the Competent Authority is decided by the Board under sub-clause (iii) of clause (g) of sub-regulation 1 of regulation 2, the General Manager is referenced. Impact Analysis: Odisha Gramya Bank Officers and Employees: * Impact: Changes to the defined "Competent Authority" affect who holds the power to make decisions concerning different employee scales and groups within the bank. * Action Required: Familiarize themselves with the updated definitions of "Competent Authority" to understand the revised reporting and decision-making hierarchy. Board of Directors: * Impact: The Board's role in determining the Competent Authority for specific employee groups is clarified and potentially expanded. * Action Required: Implement and communicate the changes in Competent Authority definitions, particularly for Group B and C employees, ensuring decisions align with the new regulations. Chairman and General Manager: * Impact: Clearer guidelines on which decisions the Chairman and General Manager are responsible for within the organizational structure. * Action Required: Implement the changes in Competent Authority definitions, particularly for Group B and C employees, ensuring decisions align with the new regulations.

Key Entities Referenced

Odisha Gramya Bank: A regional rural bank in Odisha, India, which is the subject of the regulations being amended. Regional Rural Banks Act, 1976: The central legislation that empowers the Odisha Gramya Bank to create and amend its service regulations. Odisha Gramya Bank Officers and Employees Service Regulations, 2010: The original service regulations of the Odisha Gramya Bank that are being amended by this notification. Odisha Gramya Bank Service Amendment Regulations, 2013: The new regulations which amends the Odisha Gramya Bank Officers and Employees Service Regulations, 2010. Bhubaneswar, Odisha: The location of the head office of Odisha Gramya Bank. Indian Overseas Bank: The Sponsor Bank for Odisha Gramya Bank. National Bank for Agriculture and Rural Development: An organisation consulted for amending regulations of Odisha Gramya Bank. Dr. K. C. Mohanty: The Chairman of Odisha Gramya Bank.
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