(1) Having regard to the responsibilities and functions exercisable, every post of an Officer in the Bank shall be categorised by the Board or any authority specified by the Board on this behalf as falling in any one of the grades or scales mentioned in 7 Regulation 4 and such categorisation may be reviewed by the Board or such authority.
Provided that the categorisation of the posts in existence on the appointed date shall be done before the expiry of two years from that date in accordance with guidelines of the Government, if any, and shall in respect of the posts in the senior management and top executive grades be done by a committee of the Managing Director and such other persons as may be appointed by the Government for the purpose.
(2) For the purposes of categorisation of posts under Sub-regulation (1), every branch of the Bank shall be classified by the Bank, in accordance with criteria to be approved by the Government, as small, medium, large, very large or exceptionally large category.
CHAPTER – III FITMENT OF EXISTING OFFICERS AND PROMOTEES IN THE NEW GRADES AND SCALES OF PAY Categorisation on the appointed date:
7. Subject to the provisions of Regulation 6, the various posts of Officers in the Bank on the appointed date shall be categorised as specified in the Table below :
TABLE Posts Grade in which placed General Manager Top Executive Grade ScaleVII Joint General Manager/ Deputy General Managers (in H.O) Top Executive Grade Scale VI Deputy General Managers (in charge of regions) / Officers in Senior Executive Grade - Divisional Managers /Regional Development Managers/ Regional Inspectors / Departmental Heads Senior Management Grade Scale V Others in Senior Executive and in Executive Grade like District Development Managers/ Managers of Exceptionally Large Branches, etc.
Senior Management Grade Scale IV Senior Officers like Managers of big branches Middle Management Grade Scale III Assistant Senior Officers like Managers of medium sized branches, etc.
Middle Management Grade Scale II Junior Officers Junior Management Grade Scale I
Provided that any difficulties and anomalies arising out of the above categorisation shall be referred to a Committee consisting of the Managing Director and such other persons as may be appointed by the Government for this purpose for its decision.
Fitment in the Scales of Pay: