Home India Uttarbanga Kshetriya Gramin Bank These regulations may be called Uttarbanga Kshetriya Gramin ...
Date: 2014-04-22 Category: Extra Ordinary State: Union Government Country: India

These regulations may be called Uttarbanga Kshetriya Gramin Bank Service (Amendment) Regulations, 2013.

Issued by Uttarbanga Kshetriya Gramin Bank · NOT available

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Executive Summary & Key Takeaways

Executive Summary: This document contains amendments to the Uttarbanga Kshetriya Gramin Bank Officers and Employees Service Regulations, 2010. These amendments, called the Uttarbanga Kshetriya Gramin Bank Service Amendment Regulations, 2013, were issued on July 30, 2013, and will take effect upon publication in the Official Gazette. The amendments pertain to the definition of "Competent Authority" and its role in specific regulations. Key Points / Main Content: Definition of Competent Authority (Regulation 2 Amendment): * 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 Scale IV) as decided by the Board. Competent Authority Role (Regulation 50 Amendment): * The Board is the Competent Authority where the Chairman holds the position. * The Chairman is the Competent Authority where the General Manager holds the position. * The General Manager is the Competent Authority when designated by the Board according to the amended Regulation 2. Impact Analysis: Uttarbanga Kshetriya Gramin Bank: Impact: The bank's internal processes related to officer and employee service regulations are altered, particularly regarding authority and decision-making. Action Required: The bank must implement the new definitions of "Competent Authority" and adjust its procedures accordingly. Chairman: Impact: The Chairman's authority is clarified and defined for specific officer scales, influencing their responsibilities. Action Required: The Chairman must be aware of their defined role as Competent Authority for Officer Scales III, IV, and V. General Manager: Impact: The General Manager's authority is clarified and defined for specific officer scales and circumstances. Action Required: The General Manager must be aware of their defined role as Competent Authority for Officer Scales I and II and when designated by the Board. Employees (Officer Scale I-V, Group B & C): Impact: The designation of the Competent Authority for various employee groups impacts who they report to and who makes decisions affecting their service. Action Required: Employees need to be informed of the changes to the Competent Authority and understand who is authorized to make decisions related to their employment.

Key Entities Referenced

Uttarbanga Kshetriya Gramin Bank: A Regional Rural Bank (RRB) in India, the subject of this notification which amends its service regulations. Regional Rural Banks Act, 1976: An act of the Indian Parliament that governs the establishment and regulation of Regional Rural Banks in India. Section 30 is referenced as the source of power for the notification. Central Bank of India: The Sponsor Bank for Uttarbanga Kshetriya Gramin Bank, consulted in the amendment of service regulations. National Bank for Agriculture and Rural Development: An apex development finance institution in India, also consulted in the amendment of the service regulations of Uttarbanga Kshetriya Gramin Bank. Uttarbanga Kshetriya Gramin Bank Officers and Employees Service Regulations, 2010: The original service regulations of Uttarbanga Kshetriya Gramin Bank, which are being amended by this notification. Uttarbanga Kshetriya Gramin Bank Service Amendment Regulations, 2013: The new regulations which amend the Uttarbanga Kshetriya Gramin Bank Officers and Employees Service Regulations, 2010. Coochbehar, West Bengal: The location where the notification was issued (30th July 2013). P. Anup Kumar: Chairman of Uttarbanga Kshetriya Gramin Bank.
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