Government guidlines on the following:

Courtesy: AIBEA

Government guidlines on the following:

1. Staff Housing Loan to Bank Employees dt. 11-8-2014
(COMMENT: QUANTUM OF LOAN MAY BE RAISED)

2. Posting of employees who have differently abled dependents dt. 28-7-2014
(COMMENT: BENEFICIAL TO THE CONCERNED EMPLOYEE)

3. Campus Recruitment in Banks dt. 4-8-2014
(COMMENT: NO MORE CAMPUS RECRUITMENT)

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Ministry of Finance

Department of Financial Services

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Dated 11.08.2014

To

          The Chairman,

          Indian Bank Association,

          Head Office,  Mumbai.

Sub : Staff Housing Loan to Bank Employees.

Sir,

         ……it is decided to convey the concurrence of the Government to IBA’s proposal contained in letter under reference as follows:

“PSBs may decide the matter related to Staff Housing Loan Policy with the approval of its Board and Board may suggest if it feels it to be a part of wage negotiations”.

2        IBA is accordingly requested to take appropriate action to convey the same to all Public Sector Banks for deciding the matter related to Staff Housing Loan.

3        This issues with the approval of Hon’ble Finance Minister.

Yours faithfully,

       Sd/-

(Manish Kumar)

Under Secretary to the Government of India

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Ministry of Finance

Deptt. of Financial Services

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28^th July, 2014

To

1.                   The CMDs of all PSBs/PSICs/FIs

2.                  RBI/IRDDA/PFRDA

Subject: Posting of Government employees who have differently abled dependents – reg.

                         Sir,

          I am directed to forward herewith a copy of DoP&T’s O.M. No. 42011/3/2014 – Estt.(Res.) dated 6^th July, 2014, on the above subject for information and compliance of the guidelines contained therein.

Yours faithfully,

        Sd/-

(S.R. Mehar)

Deputy Secretary to the Govt. of India

Ministry of Personnel, Public Grievances and Pensions

Department of Personnel and Training

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6^th June, 2014

OFFICE MEMORANDUM

Sub:   Posting of Government employees who have differently abled dependents – reg.

          There has been demand that a Government employee who is a care giver of the disabled child may not have to suffer due to displacement by means of routine transfer/ rotational transfers. This demand has been made on the ground that a Government employee raises a kind of support system for his/her disabled child over a period of time in the locality where he/she resides which helps them in the rehabilitation.

2        ………..

3        Considering that the Government employees who has disabled child serve as the main care giver of such child, any displacement of such Government employee will have a bearing on the systemic rehabilitation of the disabled child since the new environment / set up could prove to be a hindrance for the rehabilitation process of the child. Therefore, a Government servant who is also a care giver of disabled child may be exempted from the routine exercise of transfer/rotational transfer subject to the administrative constraints. The word ‘disabled’ includes (i) blindness or low vision (ii) hearing impairment (iii) locomotor disability or Cerebral Palsy (iv) leprosy cured (v) mental retardation (vi) mental illness and (vii) multiple disabilities.

4        …………..

5        This issues with the approval of MoS(PP).

6        All the Ministers/Departments, etc. are requested to bring these instructions to the notice of all concerned under their control.

                                                                                   Sd/- (Debabrata Das)

Under Secretary to the Govt. of India

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MOST IMMEDIATE

Ministry of Finance

Department of Financial Services

 August 4, 2014

To      Chairman, SBI/CMD, of all Public Sector Banks including IDBI

          And SBI Associates.

Subject :       Campus Recruitment in PSBs.

          I am directed to refer to the subject cited above and to say that it has come to the knowledge of this Department that some of the Banks have been recruiting officers through campus recruitment leading to litigation.

2        In this context, it has been decided to bring to the notice of all the Public Sector Banks (PSBs) the judgement dated  1.4.2013 …….as follows :

“……….the stated recruitment policy of the respondent bank dated 5.3.2009 as also circular issued by the Government of India dated 22.2.2005 which provides for recruitment of officers in the PSBs against ‘permanent vacancies’ on ‘regular basis’ by resorting to campus recruitment/interview method and not by inviting applications from public at large  by issuing public advertisement, being illegal and unconstitutional. The respondents are directed to forbear from making any appointment against the permanent vacancies on regular basis by resorting to campus recruitment/interview mechanism hereafter and if such appointment is made, the same will be non-est in law.”

3        The SLP No. 25030/2013 as well as the review Petition No. 285/2014 filed by the concerned Bank in the Hon’ble  Supreme Court have been dismissed. In view of the dismissal of the review petition, the order of the Bombay High Court dated 1.4.2013 has attained finality.

4        In the light of the above, the Ministry of Law and Justice has observed as under _

“….recruitment of officers in Public Sector Banks against permanent direct recruitment vacancies on regular basis by resorting to campus recruitment / interview method may not be in accordance with the law….”

5        Since the decision of the Bombay High Court has been confirmed in the Supreme Court, the Public Sector Banks are, therefore, requested that the said decision of the High Court may be brought to the knowledge of the Board of Directors of the Bank immediately for meticulous compliance.

6        This issues with the approval of Secretary (Financial Services).

Yours faithfully,

Sd.. (Manish Kumar)

Under Secretary to the Government of India