(1) These Regulations shall apply to all full time officers of the Bank and to such other employees of the Bank to whom they may be made applicable by the Competent Authority to the extent and subject to such conditions as such authority may decide.
Provided that they shall not apply to:
(a) Officers employed temporarily or recruited on special contracts;
(b) Officers on deputation from other banks/ institutions;
(c) Officers employed outside India;
(d) Officers employed in India but on assignments /jobs outside India during their service outside India;
(e) Senior Executive of the Bank whose salaries and allowances are determined by Government.
(2) Nothing in these Regulations shall operate to override any special agreement entered into by the Bank with any of its officers.
DEFINITIONS:
3. In these Regulations, unless there is anything repugnant to the subject or context: -
(a) “Bank” means Export-Import Bank of India;
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(b) “Board” means the Board of Directors of the Bank;
(c) “Competent Authority” means Chairman and Managing Director of the Bank or any other authority that may be designated for the purpose by the Chairman and Managing Director;
(d) “Development Bank” means the Industrial Development Bank of India established under the Industrial Development Bank of India Act, 1964 (18 of 1964);
(e) “Emoluments” means the aggregate of salary and allowances, if any;
(f) “Exim Bank” means Export-Import Bank of India.
(g) “Family” means and includes the spouse of the officer (if the spouse is also not an employee of the bank) and dependent children, but shall not include a legally separated spouse;
(h) “Government” means the Central Government.
(i) “Managing Director” means the Managing Director of the Bank;
(j) “Officer” means a person appointed to any of the grades specified in Regulation 4 and shal l also include any specialist or technical person appointed and any other employee to whom any of these Regulations has been made applicable under Regulation 2;
(k) “Pay” means basic pay;
(l) “Public Sector Bank” means the State Bank of India or its Subsidiaries or a corresponding new bank specified in the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970);
(m) “Regulation/s” means Export-Import Bank Officers’ Service Regulations, 1982 and the amendments made thereof from time to time;
(n) “Salary” means the aggregate of the basic pay and dearness allowance;
(o) “Year” means a continuous period of twelve months;
(p) “Calendar Year” means the period commencing from the 1st day of January of a year and ending with the 31st day of December of the same year.
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CHAPTER II GRADES AND SCALES OF PAY GRADES AND SCALES OF PAY:
4. *(1) There shall be the following five grades for officers with the scales of pay specified against each of the grades:
GRADE SCALE SCALE OF PAY
(a) Special Grade Scale VIII Rs.20180-520-20700- 600-21300
(b) Top Executive Grade Scale VII Rs.19340-420-20180- 520-20700-600-21300 Top Executive Grade Scale VI Rs.17660-420-19340
(c) Senior Management Grade Scale V Rs.16140-380-17660 Senior Management Grade Scale IV Rs. 13900-340-14240- 380-16140
(d) Middle Management Grade Scale III Rs. 12540-340-14240- 380-15000 Middle Management Grade Scale II Rs.9820-340-13560
(e) Junior Management Grade Scale I Rs.7100-340-12540 * Effective from 1.4.1998
(2) Nothing in sub-Regulation (1) shall be construed as requiring the Bank to have at all times, officers serving in all these grades/scales.
EXPLANATION: - Special Grade/Scale VIII is applicable to Executive Director of the Bank and these Service Regulations are applicable to incumbent in Special Grade/Scale VIII also.
INCREMENTS:
5. *(1) The increments specified in the various scales of pay set out in Sub - regulation (1) of Regulation 4 shall, subject to the sanction of the Competent Authority, accrue on an annual basis and shall be granted on the first day of the month in which it falls due.
9 *(2) An additional increment shall be granted in the scale of pay for passing each part of CAIIB examination:
* Provided that officers shall be eligible for a Professional Qualif ication Allowance as under:
*(i) Those who have passed only CAIIB Part I Rs. 135/- per month after one year after reaching top of the scale.
*(ii) Those who have passed both parts of CAIIB
(a) Rs. 135/- per month after one year after reaching top of the scale.
(b) Rs. 340/- per month after two years after reaching top of the scale.
** Provided further that officers shall be eligible for a Professional Qualif ication Allowance as under:
** (i) Those who have passed only CAIIB Part I - Rs. 150/- per month after one year after reaching top of the scale.
** (ii) Those who have passed both parts of CAIIB
(a) Rs. 150/- per month after one year after reaching top of the scale.
(b) Rs. 360/- per month after two years after reaching top of the scale.
* Professional Qualif ication Allowance shall rank for dearness allowance, house rent allowance and terminal benefits.
*(3)(i) All confirmed officers who are in the service of the Bank as on February 14, 2001 and have passed Part I and/or Part II of CAIIB during, or prior to joining the service of the Bank, will be eligible for additional increment(s) and/or Professional Qualif ication Allowance, as applicable, with effect from February 14, 2001.
* (ii) Officers who are confirmed in the service of the Bank after February 14, 2001, and who pass Part I and/or Part II of CAIIB after joining the Bank’s Service will be eligible for the additional increment(s) and/or Professional Qualif ication Allowance as applicable from the date of confirmation in Bank’s service or date of passing Part I/Part II of CAIIB, whichever is later.
* Effective from 14.2.2001 ** Effective from 15.12.2001 10
CHAPTER III APPOINTMENT, PROBATION, CONFIRMATION AND TERMINATION APPOINTMENTS:
6. All appointments in, and promotions to, any grade shall be made by the Competent Authority.
PROBATION: