Home India HIMACHAL PRADESH GRAMIN BANK These regulations may be called Himachal Pradesh Gramin Bank...
Date: 2014-03-06 Category: Extra Ordinary State: Union Government Country: India

These regulations may be called Himachal Pradesh Gramin Bank Service (Amendment) Regulations, 2013.

Issued by HIMACHAL PRADESH GRAMIN BANK · NOT available

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Executive Summary & Key Takeaways

Executive Summary: This notification announces amendments to the Himachal Pradesh Gramin Bank Officers and Employees Service Regulations, 2010. These amendments, titled the Himachal Pradesh Gramin Bank Service Amendment Regulations, 2013, are made with the previous sanction of the Central Government and in consultation with Punjab National Bank and the National Bank for Agriculture and Rural Development. The regulations take effect from the date of their publication in the Official Gazette. Key Points / Main Content: Amendment Title and Commencement: * The regulations are called the Himachal Pradesh Gramin Bank Service Amendment Regulations, 2013. * The regulations come into force on the date of their publication in the Official Gazette. Definition of Competent Authority (Amendment to Regulation 2): * The definition of "Competent Authority" in regulation 2 of the 2010 regulations is amended. * 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 employees, the Competent Authority is an officer not below the rank of Scale IV as decided by the Board. Amendment to Regulation 50: * Regulation 50 is amended to specify the competent authority. * The Board is the Competent Authority where the Chairman is the Competent Authority. * The Chairman is the Competent Authority where the General Manager is the Competent Authority. * The General Manager is the Competent Authority where the decision is made by the Board under subclause iii of clause g of subregulation 1 of regulation 2. Impact Analysis: Himachal Pradesh Gramin Bank Officers and Employees: * Impact: The amendment redefines the "Competent Authority" for different officer scales and employee groups, which affects decision-making processes. * Action Required: Understand the revised definitions and how they impact their respective roles and responsibilities. Board of Directors: * Impact: The Board's role is clarified in determining the Competent Authority for specific employee groups. * Action Required: Ensure compliance with the new regulations when designating the Competent Authority for Group 'B' and Group 'C' employees. Chairman and General Manager: * Impact: Their roles as Competent Authorities are clarified based on officer scales and employee groups. * Action Required: Act in accordance with their defined authority as per the amended regulations.

Key Entities Referenced

Himachal Pradesh Gramin Bank: A Regional Rural Bank in Himachal Pradesh. The policy document pertains to amendments to its service regulations. Himachal Pradesh: State in India where Himachal Pradesh Gramin Bank is located. Regional Rural Banks Act, 1976: An act of the Indian Parliament under which Regional Rural Banks are established and governed. Himachal Pradesh Gramin Bank Officers and Employees Service Regulations, 2010: The original service regulations of the Himachal Pradesh Gramin Bank, which this notification amends. Himachal Pradesh Gramin Bank Service Amendment Regulations, 2013: The new regulations being introduced to amend the 2010 service regulations. Punjab National Bank: The Sponsor Bank for Himachal Pradesh Gramin Bank. National Bank for Agriculture and Rural Development: A regulatory body that was consulted for changes to the service regulations. Shiv Kumar Sharma: Chairman of Himachal Pradesh Gramin Bank
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