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REGD. No. D. L.-33004/99
The Gazette of India
CG-MN-E-31012025-260620
EXTRAORDINARY
PART III-Section 4
PUBLISHED BY AUTHORITY
No. 68]
NEW DELHI, WEDNESDAY, JANUARY 29, 2025/MAGHA 9, 1946
MANIPIPUR RURAL BANK
NOTIFICATION
Manipur, the 21st January, 2025
F. No. MRB/ESTD/1/2025. In exercise of the powers conferred by Section 30 read with sub-section (1) of
Section 17 of Regional Rural Banks Act, 1976 (21 of 1976), the Board of Directors of Manipur Rural Bank after
consultation with Punjab National Bank, being the Sponsor Bank and the National Bank for Agriculture and Rural
Development and with the previous sanction of the Central Government, hereby makes the following regulations to
further amend the Manipur Rural Bank (Officers & Employees) Service Regulations, 2010, namely:-
1. (1) These Regulations may be called Manipur Rural Bank (Officers & Employees) Service (Amendment)
Regulations, 2024.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Manipur Rural Bank (Officers and Employees) Service Regulations, 2010 (hereinafter referred to as said
regulations), in the regulations 61 for sub-regulations (4), the following sub-regulation shall be substituted, namely:-
“(4) Privilege Leave may be accumulated up to not more than 270 days, except where leave has been applied for and it
has been refused:
Provided that encashment of Privilege Leave shall be restricted up to a maximum of 240 days."
3. In the said regulations, in regulation 67,-
(a) In second proviso, after the words "retires from the service of the Bank", the words "under the provisions of
regulation 11" shall be inserted;
(b) For third Proviso, the following proviso shall be substituted, namely:-
"Provided also that in respect of the employee where his services are terminated owing to retrenchment, he shall be
eligible to be paid a sum equivalent to the emoluments for the period of privilege leave he has accumulated subject to
sub regulation (4) of regulation 61."
(c) After third proviso, the following provisos shall be inserted namely,-
"Provided also that where an officer or employee voluntarily retires from service on or after the 1st of April 2018, after
giving due notice under sub-regulations (1) and (2) of regulations 27 of the Manipur Rural Bank (Employees')
Pension Regulations, 2018, he shall be eligible to be paid a sum equivalent to the emoluments for the period of
privilege leave he had accumulated, subject to sub-regulation (4) of regulation 61.
Provided also that where an officer or employee has been compulsory retired including as a measure of punishment,
he shall be eligible to be paid a sum equivalent to the emoluments of any period, subject to sub-regulation (4) of
regulation 61.
Provided also that where an officer or employee leaves or discontinues from service or resigns under the provisions of
sub-regulation (1) of regulation 10, he shall be eligible to be paid a sum equivalent to the emoluments in respect of
privilege leave to the extent of half of such leave to his credit on the date of cessation of service, subject to a
maximum of 120 days."
ABHAY KUMAR, Chairman
[ADVT.-III/4/Exty./924/2024-25]
Note:
The Manipur Rural Bank (Officers and Employees) Service Regulations, 2018 were published in the Gazette of India,
Part III, section 4, dated the December 17, 2018 vide notification number 497.
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