The government, on Friday, announced the interest rates for small savings schemes applicable for the quarter April 2024 to June 2024 quarter. All instruments of small savings schemes will continue to offer the same rate of interest as they did in January 2024 –April 2024. The rate of Interest chart for the quarter April 2024…
Leave of all kinds cannot be claimed as a matter of right. When the exigencies of service so require, discretion to refuse or revoke leave of any description is reserved to the authority granting it, and an employee already on leave may be recalled when considered necessary in the interests of the Bank. As per…
Sick leave and maternity leave rules are partially modified in Banks under BPS dated 12th BPS and 9th Joint Note dated March 8, 2024. Sick leave: In terms of earlier settlements, an employee is entitled to 30 days of sick leave on half substantive pay, for every year of service subject to a maximum of…