Indebtedness (Rule 19)

An officer employee shall so manage his private affairs as to avoid habitual indebtedness or insolvency. An officer employee against whom any legal proceedings are instituted for the recovery of any debt due from him or for adjudging him as an insolvent shall forthwith report the full facts of the legal proceedings to the bank.

1. Every officer employee, on his first appointment, and every other employee of the Bank, on promotion to a post of an officer employee in the bank, shall submit a return of his assets and liabilities giving full particulars regarding :

   1. the immovable property inherited by him or owned or acquired by him or held by him on lease or mortgage, either in his name or in the name of any member of his family or in the name of any other person;

   2. shares, debentures and cash including bank deposits inherited by him or similarly owned or acquired or held by him;

   3. other movable property inherited by him or similarly owned or acquired or held by him; and

   4. debts and other liabilities incurred by him directly or indirectly;

Provided that in the case of an officer employee who is already in service in the bank on the date these regulations come into force shall submit a return in terms of this regulation within three months of coming into force of these regulations, the return being with reference to assets and liabilities as enumerated above of the officer employee on the date these regulations come into force.

2. Every officer employee shall, every year submit a return of his movable and immovable property and valuable property including liquid assets like shares, debentures as on 31st March of that year to the bank before 30th day of June of that year.

3. No officer employee shall except with the previous knowledge of the competent authority acquire or dispose of any immovable property by lease, mortgage, purchase, sale, gift or otherwise either in his own name or in the name of any member of his family.

   Provided that the previous sanction of the competent authority shall be obtained by the officer employee if any such transaction is -

   1. with a person having official dealings with the officer employee;

   2. otherwise than through a regular or reputed dealer.

4. Every officer employee shall report to the competent authority every transaction concerning movable property owned or held by him either in his own name or in the name of a member of his family if the value of such a property exceeds Rs.25000/-

   Provided that the previous sanction of the competent authority shall be obtained if any such transaction is

   1. with a person having official dealings with the officer employee; or

   2. otherwise than through a regular or reputed dealer.

5. The bank may at any time, by general, or special order, require an officer employee to furnish within a period to be specified in the order a full and complete statement of such movable or immovable property held or acquired by him or on his behalf or by any member of his family as may be specified in the order. Such a statement shall, if so required by the bank, include the details of the means by which or the sources from which such property was acquired.

No officer employee shall, except with the previous sanction of the bank, have recourse to any court or to the press for the vindication of any official act which has been the subject matter of adverse criticism or an attack of a defamatory character:

Provided that nothing in this Regulation shall be deemed to prohibit an employee from vindicating his private character or any act done by him in his private capacity and where any action for vindicating his private character or any act done by him in private capacity is taken, the officer employee shall submit a report to his immediate superior within a period of 3 months from the date such action is taken by him.

1.  

   1. No officer employee shall enter into, or contract, a marriage with a person having a spouse living and

   2. no officer employee, having a spouse living, shall enter into, or contract, a marriage with any person

   Provided that the bank may permit an officer employee to enter into, or contract, any such marriage as is referred to in clause (i) or clause(ii) if it is satisfied that -

   1. such marriage is permissible under the personal law applicable to such officer employee and the other party to the marriage; and

   2. there are other grounds for so doing.

2. An officer employee who has married or marries a person other than of Indian Nationality shall forthwith intimate the fact to the bank

An officer employee shall -

1. strictly abide by any law relating to intoxicating drinks or drugs in force in any area in which he may happen to be for the time being.

2. not be under the influence of any intoxicating drink/drug during the course of his duty and shall also take due care that the performance of his duties at any time is not affected in any way by the influence of such drink or drug.

3. refrain from consuming any intoxicating drink or drug in a public place;

4. not appear in a public place in a state of intoxication;

5. not use any intoxicating drink or drug to excess.

Explanation:

For the purpose of this rule, 'public place' means any place or premises (including clubs, even exclusively meant for members where it is permissible for the members to invite non-members as guests, bars and restaurants, conveyance) to which the public have or are permitted to have access, whether on payment or otherwise.

1. No officer employee shall indulge in any act of sexual harassment of any woman at her work place.

2. Every officer employee who is in-charge of a work place shall take appropriate steps to prevent sexual harassment to any woman at such work place.

Explanation - For the purpose of this regulation, "sexual harassment" includes such unwelcome sexually determined behaviour (whether directly or otherwise) as -

1. (a) physical contact and advances;

2. (b) a demand or request for sexual favours;

3. (c) sexually coloured remarks;

4. (d) showing pornography; or

5. (e) any other unwelcome physical, verbal or non-verbal conduct of a sexual nature.

If any question arises as to the application or interpretation of any of these regulations, it shall be referred to the Board for its decision.

1. Every rule, regulation, bye-law or every provision in any agreement or resolution corresponding to any of the regulations herein contained and in force immediately before the commencement of these Regulations and applicable to the officer employees to whom these regulations are applicable is hereby repealed.

2. Notwithstanding such repeal any order made or action taken under the provisions so repealed shall be deemed to be made or taken under the corresponding provisions of these regulations.