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Ex Servicemen Re-Employed Promotion Weightage in Banks of Defence Service

Ex Servicemen Re-Employed Promotion Weightage in Banks of Defence Service

F.NO.10/49/84-SCT(B)
Goverment of India
Ministry of Finance
Department of Economic Affairs
(Banking Division)

New Delhi. the 13th August 1986.

TO

The Chairman & MDs:20 Nationalised Banks.
The Chairman, State Bank Of India, Bombay.
The Managing Directors: All Associate Banks of SBI.
The Chief Manager, DAP, Reserve Bank of India, Bomabay
The Chairman IDBI, IFCI, IRBI, EXIM, Bank and NABRAD.

Subject:- Ex-servicemen re-employed in public sector bank etc-weightage to defence service for the purpose of promotion.



Sir,
In terms of para 4 of this Department letter NO2/8/78-SCT(B)
dated 28th january . 1963 the banks were advised thatif certain numbers of years of service are prescribed as a minimum eligbility criteria for promotion from one cadre to another. the banks may in this regard suitably modify the rules to give weightage to ex-servicemen on the basis of their service in the defence forces. various banks have interpreted this provision differently. While most of the banks are not allowing any weightage to the defence service of the re-employed ex-servicemen for the purpose of seniority/promotion etc. some of the banks have allowed certain benefits. Representations have been received from the Ex-servicemen that some weightage should be accorded to the service rendered by them in the defence forces prior to their absorption in the banks. The whole issue has been considered at length and it has been decided that banks may allow. for the purpose of seniority in promotion. to their ex-servicemen employees recruited against reserved posts in the clerical and subordinate cadres, weightage for the period of service rendered by them in the armed forces in he ratio of 5: 1 subject to a maximum of 2 years after have rendered at least 3 years actual service in the banks after re employment. This benefit will be available to the ex- servicemen only once during their career.

 

Recipt of this letter may please be acknowledged and the action taken may be reported to the Goverment.

Yours faithfully
Sd/-
(Y. P. SETHI)
Deputy Secretary to the Goverment of India.

Copy (i) For information to the department of personnel & Traning in continuation of this Department UO Note of even number dated 1st August 1986

(ii) Copy to DS  (P) for information.

Sd/-
(Y. P. SETHI)
Deputy Secretary to the Goverment of India.

 


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