Question : STAGNATION INCREMENT IN RRBS



(a) whether the stagnation increment has been allowed to all cadres- in the Regional Rural Banks (RRBs);

(b) if not, the reasons therefor;

(c) whether automatic switch over as allowed to the officers of sponsor banks as per bipartite settlement have been allowed to the officers of RRBs; and

(d) if not, the reasons therefor?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL):

(a) and (b) As reported by National Bank for Agriculture & Rural Development (NABARD), all staff of Regional Rural Banks (RRBs) in all cadres have been allowed stagnation increment.

(c) and (d) Automatic switch over facility to officers in Scale 1 to Scale II of RRBs has been allowed as prevalent in the sponsor banks.