Right To Information Act 2005 - Corporate Governance

सूचना का अधिकार अधिनियम 2005

Corporate Governance Information Right To Information Act 2005 Listing Disclosures

Annual Report Basel II Disclosures Basel III Disclosures List Of Appellate Authority Functions And Duties Particulars Of Vigilance Department State Bank of India (Subsidiary Banks) Act, 1959 RTI Act,2005-Suomoto Disclosure under Section 4 Disclosure Document for Portfolio Management Services Directory and Gross Emoluments of State Bank of India Staff SBI Organizational Structure

Right to Information Act 2005

Right To Information Act, 2005

Objective of the Right to Information Act

The Government of India has enacted 'the Right to Information Act 2005' to provide for setting out the practical regime of right to information for citizens to secure access to information under the control of Public Authorities. The basic objective of the Right to Information Act is to empower the citizens, promote transparency and accountability in the working of the Public Authorities, contain corruption, and make our democracy work for the people in real sense.

What is Information

Information is any material in any form. It includes records, documents, memos, e-mails, opinions, advices, press releases, circulars, orders, logbooks, contracts, reports, papers, samples, models, data material held in any electronic form. It also includes information relating to any private body which can be accessed by the public authority under any law for the time being in force.

What is Right to Information

Who can Seek information

Section 3 of the Right to Information Act provides as under:

"Subject to the provisions of this Act, all citizens shall have the right to information."

Normally, an applicant is not required to submit any proof of citizenship. However, if the CPIO has any doubt about the identity of the applicant he can seek for his proof of identification.

The Act gives the right to information only to the citizens of India. It does not make provision for giving information to Corporations, Associations, and Companies etc. which are legal entities / persons but not citizens. However, if an application is made by an employee or office bearer of any Corporation, Association, Company, NGO etc. indicating his name and such employee or office bearer is a citizen of India, information may be supplied to him / her. In such cases, it would be presumed that a citizen has sought information at the address of the Corporation.

What is a Public Authority

A "public authority" is any authority or body or institution of self government established or constituted by or under the Constitution; or by any other law made by the Parliament or a State Legislature; or by notification issued or order made by the Central Government or a State Government. The bodies owned, controlled or substantially financed by the Central Government or a State Government and non-Government organizations substantially financed by the Central Government or a State Government also fall within the definition of public authority. State Bank of India is a Public Authority.

Structure of RTI in the Bank

Central Assistant Public Information Officer (CAPIO)

The Bank has designated 22060 officers as on 31.12.2023 up to the rank of Asstt. General Manager as Central Assistant Public Information Officer (CAPIO) in the Bank. These officers send the application or appeal to the Central Public Information Officer or the concerned Appellate Authority for disposal. An Assistant Public Information Officer is not responsible for supply of the information.

Central Public Information Officer (CPIO)

Central Public Information Officers are responsible for giving information to a person who seeks information under the RTI Act. The Bank has designated 1398 officers as on 31.12.2023 of the rank of AGM and above as Central Public Information Officer (CPIO) in the Bank.

Appellate Authority (A A)

If an applicant is not supplied information within the prescribed time of thirty days or 48 hours, as the case may be, or is not satisfied with the information furnished to him, he may prefer an appeal to the First Appellate Authority who is an officer senior in rank to the Central Public Information Officer. The Bank has designated 123 officers as on 31.12.2023 of the rank of GM and above as Appellate Authorities in Bank.

Details of the Appellate authority/CPIOs/CAPIOs

Format of Application

There is no prescribed format of application for seeking information. The application can be made on plain paper. The application should, however, have the name and complete postal address of the applicant. Even in cases where the information is sought electronically, the application should contain the name and postal address of the applicant. The application should be made in English or Hindi or in the official language of the area in which the application is being made, accompanied by the prescribed fee and specifying the particulars of the information sought.

Payment of RTI Fee & Cost of Information

The RTI fee and the cost of information, where applicable, is to be paid by Demand Draft or Bankers Cheque or IPO in the name of 'State Bank of India' and payable at the centre where CPIO is located. Alternatively, applicant may deposit the prescribed fee in the 'P & T Charges Recovered Account' at any branch of the State Bank of India and will attach counterfoil thereof in original with the application / request while forwarding it to the CPIO / CAPIO. A voucher has been specially designed by the Bank for depositing the RTI fee / additional fee.

Prescribed fee and additional cost of information:

Application Fee
Application fees ......................... Rs. 10/-
Additional fee - as cost of information
a.	Rupees two for each page (in A-4 or A-3 size paper) created or copied.
b.	Actual charge or cost price of a copy in large size paper
c.	Actual cost or price for samples or models
d.	Information provided in diskette or floppy rupees fifty per diskette or floppy
e.	Information provided in printed form at the price fixed for such publication or rupees two per page of photocopy for extracts from the publication.

What information can be sought

A citizen has a right to seek such information from a public authority which is held by the public authority or which is held under its control. This right includes inspection of work, documents and records; taking notes, extracts or certified copies of documents or records; and taking certified samples of material held by the public authority or held under the control of the public authority. It is important to note that only such information can be supplied under the Act which already exists and is held by the public authority or held under the control of the public authority. The Central Public Information Officer is not supposed to create information; or to interpret information; or to solve the problems raised by the applicants; or to furnish replies to hypothetical questions.

A citizen has a right to obtain information from a public authority in the form of diskettes, floppies, tapes, video cassettes or in any other electronic mode or through print-outs provided such information is already stored in a computer or in any other device from which the information may be e-mailed or transferred to diskettes etc.

The information to the applicant should ordinarily be provided in the form in which it is sought. However, if the supply of information sought in a particular form would disproportionately divert the resources of the public authority or may cause harm to the safety or preservation of the records, supply of information in that form may be denied.

In some cases, the applicants expect the Central Public Information Officer to give information in some particular proforma devised by them on the plea that they have a right to get information in the form in which it is sought. It need be noted that the provision in the Act simply means that if the information is sought in the form of photocopy, it shall be provided in the form of photocopy, or if it is sought in the form of a floppy, it shall be provided in that form subject to the conditions given in the Act. It does not mean that the CPIO shall re-shape the information. This is substantiated by the definition of the term 'right to information' as given in the Act, according to which, it includes right to obtaining information in the form of diskettes, floppies, tapes, video cassettes or in any other electronic mode or through print-outs provided such information is already stored in a computer or in any other device. Everywhere in the Act, the word 'form' has been used to represent this meaning.

A citizen has a right to get 'material' from a public authority which is held by or under the control of that public authority. The Act, however, does not require the Public Information Officer to deduce some conclusion from the 'material' and supply the 'conclusion' so deduced to the applicant. It means that the Public Information Officer is required to supply the 'material' in the form as held by the public authority, but not to do research on behalf of the citizen to deduce anything from the material and then supply it to him.

Information which is exempt from Disclosure

The Act provides under Sections 8 and 9, certain categories of information that are exempt from disclosure to the citizens. The following categories of information are exempt from disclosure under Section 8(1)

a.	information, disclosure of which would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the State, relation with foreign State or lead to incitement of an offence.
b.	information which has been expressly forbidden to be published by any court of law or tribunal or the disclosure of which may constitute contempt of court;
c.	information, the disclosure of which would cause a breach of privilege of Parliament or the State Legislature;
d.	information including commercial confidence, trade secrets or intellectual property, the disclosure of which would harm the competitive position of a third party, unless the competent authority is satisfied that larger public interest warrants the disclosure of such information;
e.	information available to a person in his fiduciary relationship, unless the competent authority is satisfied that the larger public interest warrants the disclosure of such information;
f.	information received in confidence from foreign Government;
g.	information, the disclosure of which would endanger the life or physical safety of any person or identify the source of information or assistance given in confidence for law enforcement or security purposes;
h.	information which would impede the process of investigation or apprehension or prosecution of offenders;
i.	cabinet papers including records of deliberations of the Council of Ministers, Secretaries and other officers;
j.	information which relates to personal information the disclosure of which has no relationship to any public activity or interest, or which would cause unwarranted invasion of the privacy of the individual;

Time Norms for disposal of Requests and Appeals Requests:

S.No	Situation	Time limit for disposing off applications
1.	Supply of information in normal course	30 days
2.	Supply of information if it concerns the life or liberty of a person	48 hours
3.	Supply of information if the application is received through CAPIO	05 days shall be added to the time period indicated at Sr. NO.1 and 2
4.	Supply of information if application / request is received after transfer from another public authority: (a) In normal course	(a) Within 30 days of the receipt of the application by the concerned public Authority.
4.	(b) In case the information concerns the life or liberty of a person.	(b) Within 48 hours of receipt of the application by the concerned public authority
5.	Supply of information if it relates to third party and the third party has treated it as confidential.	Should be provided after following the procedure given in Section 11 of the RTI Act.
6.	Supply of information where the applicant is asked to pay additional fee.	The period intervening between informing the applicant about additional fee and the payment of fee by the applicant shall be excluded for calculating the period of reply.

If a public authority fails to comply with the specified time limit, the information to the concerned applicant would have to be provided free of charge.

Appeals :

The appeal should be disposed off within 30 days of receipt of the appeal.
In exceptional cases, the Appellate Authority may take 45 days for its disposal for which reasons are recorded.

Suo Motu Disclosures in Pursuance of Section 4 of the Right to Information Act, 2005

S. No.

Section

Item

Hyperlink to Screen

(a)

(b)

(c)

(d)

1. ORGANISATION AND FUNCTION

1.1

Sec. 4(1)(b)(i)

Particulars of organisation, functions and duties

(i)

Name and address of the Organisation

S.No	RULES AND REGULATIONS
1.	The fund intended to be hereby created and to be maintained as hereinafter provided shall be called "THE IMPERIAL BANK OF INDIA EMPLOYEES' PENSION AND GUARANTEE FUND" and its objects and business shall be to provide pensions to the Bank's employees and security to the Bank against losses arising from dishonesty on the part of employees required to furnish guarantees for the faithful discharge of their duties to the Bank. India.
2.	In these rules unless there is anything repugnant in the subject or context "Bank" means the State Bank of India provided that in regard to matter relating to the period prior to the 1st July 1955 it shall mean the Imperial Bank of India. "Service or Service in the Bank" includes service in any of the former Presidency Banks by employees who were on the staffs of those Banks on the 26th January 1921 and who are members of this fund. "The Staff in India" mean all employees in India who are members of this fund. "India" includes Pakistan, Burma and Ceylon. "The Staff in London" mean all employees in the London Office who are members of this fund. "Substantive Salary" means substantive or basic pay, provided that in respect of the period 1st January 1962 to 31st July 1966 "Substantive Salary" shall mean (i) in the case of employees other than those covered by the Award of the National Industrial Tribunal in Reference 1 of 1960 (hereinafter referred to as "the Award" in respect of pay and allowances, substantive or basic pay, (ii) in the case of employees, other than subordinate staff so covered by the Award, eighty percent of the awarded basic pay and (iii) in the case of the subordinate staff, so covered by the Award, seventy five percent of the awarded basic pay. From 1.9.78 "Substantive Salary" shall include other emolument or such portion thereof of a member as may for the time being be permitted by the Bank to rank for superannuation benefits under the rules of service applicable to the member.
3.	The trustees of the fund shall be the Directors of the Bank for the time being and at every meeting of such trustees one of the Directors not being an executive officer shall be elected chairman of the meeting.
4.	The presence of at least five trustees of whom two shall be executive officers of the Bank shall be necessary to form a board for the transaction of business. Each trustee shall have one vote, and in all cases of an equal division the chairman shall have a casting vote. The trustees may appoint any one from their number, who shall be an executive officer of the Bank, to exercise on behalf of the trustees all powers and discretions vested in the trustees in connection with the sanctioning of payments under rule 5A (vi) and sanctioning of pensions admissible under these rules. The trustees may also appoint a committee from their number to carry on other ordinary business of the fund including the sale of securities and investment of funds. Three trustees shall form a quorum of the committee subject however to the overriding condition that two of the trustees present shall be Directors who are not executive officers of the Bank. All decisions of the committee must be unanimous, failing which the matter on which there is a division of opinion shall be referred to a meeting of the board of trustees.
4A.	Membership of the fund shall be confined to persons who were in the service of the Imperial Bank of India on the 30th June 1955 and were eligible to become members of the fund on that date.
5.	Every employee required to provide security to the Bank shall, xx he is a member of the fund, be required, to contribute to the guarantee section of the fund as hereinafter provided.
5A.	(i) Every employee being a member of the fund on the 1st November 1931 shall, as from that date, and every employee admitted to the fund thereafter shall as from the date of his admission contribute monthly to the pension section of the fund five per cent on his substantive salary but subject as from 1st July 1932 to a maximum of five per cent on Rs.1800 per mensem, such contributions being made by deduction from salary. The trustees shall have power at their discretion to suspend the operation of this rule or reduce the percentage of employees' contributions at any time and for such period as they shall it necessary but without retrospective effect. In respect of any period in which the full substantive salary of an employee is not payable to him, his contributions shall be calculated on his reduced substantive contribution during such period of his service as shall not be reckoned as service for pension in terms of Rule 16. Nothing contained in the above clause shall apply, on or after the 1st April 1968, to members of the fund on the staff in India. (ii) Each employee's contributions to the pension section of the fund shall be credited in the books of the fund to an account in his name and a statement of the account shall be supplied to him half yearly. (iii) Interest at such rate as may be prescribed by the Trustees from time to time shall accrue from day to day and shall be credited half yearly to each member's account by debit to the general balance of the pension section of the fund. Provided that interest on the balance of a member's account shall cease to accrue from the date of his leaving the service of the Bank otherwise than by retirement on pension and in any event from the date of his death. (iv) In the event of a member retiring from the Bank's service, or on the event of a member dying, in each case before such member has qualified for a pension there shall be payable to him or, in the event of his death, to the persons and in the manner named in clause (vi) hereof, and in addition to any other benefit competent to him or them, the amount of such member's own contribution with interest accrued thereon. (v) In the event of a member dying after he shall have qualified for a pension but before the total amount of the pension payments he shall have received equals the amount of his contributions to the pension section of the fund with interest accrued thereon, the residue shall be payable to the persons and in manner named in clause (vi) hereof. (vi) On the death of a member the amount, if any, due to the member according to these rules shall be paid to his heirs, executors or administrators, or at the absolute discretion of the trustees the amount or any part or parts thereof may be paid to the widow, child or children or his, her or their guardian or custodian or other nearest relative of a deceased member or any other person appearing to the trustees to be entitled to receive same without any representation to the estate of such deceased member or any succession certificate being obtained and such payment shall be a good discharge to the trustees against all claims whatsoever in respect of the fund by any one whomsoever claiming through the said deceased member or otherwise.
6.	The Bank will subscribe monthly to the pension section of the fund a sum equal to five percent, of the salary payable by the Bank in respect of all employees who are required to contribute in terms of clause (i) of Rule 5A and ten per cent in respect of the other members of the fund. However, where an employee ceases to be in pensionable service in terms of Rule 16, no subscription will be made by the Bank for the period of such service. The amount of the Bank's subscription thus calculated, if it contains element of paise, will be rounded off to the next higher rupee.
7.	No employee shall have any right of property in fund beyond the amount of his contributions to the pension section of the fund with interest accrued thereon nor shall he have any voice in its management unless qualified as a trustee to the fund as hereinbefore provided.
8.	The Bank shall pay interest on all money of the pension and guarantees sections of the fund in deposit with the Bank at the rate fixed by it from time to time to be credited at the close of each half year, w.e.f. 1.4.86.
9.	The trustees may invest the moneys of either or both sections of the fund or any portion thereof in stocks, funds and securities (other than immovable property) in which a trustee is authorised to invest trust money by any law for the time being in force. The securities for the investments made under this rule shall be registered or held in the name of the State Bank of India and shall be deposited in safe custody in the Bank in the name of the trustees of the fund.
10.	An employee dismissed from the Bank's service for wilful neglect or fraud shall forfeit all claims upon the fund for pension.
11.	The retirement of all officers of the Bank shall be subject to the sanction by the competent authority designated by the Executive Committee of the Central Board of the Bank from time to time, provided however that a decision to deny sanction under these rules to an officer shall need the previous approval of the Executive Committee of the Central Board.The retirement of all other employees of the Bank shall be subject to the sanction of the competent authority designated by the Executive Committee of the Central Board of the Bank from time to time, provided however that a decision to deny sanction under these rules to an employee shall need the previous sanction of the Executive Committee or the Local Board concerned with his/her employment. Any officer or other employee who shall leave the service without sanction as required by this rule shall for forfeit all claim upon the fund for pension.
12.	A pension shall be regarded as only alimentary and therefore not assignable.It shall ipso facto cease in the event of an assignment being made.
13.	Pensions shall begin to accrue on the first day succeeding that of retirement and shall be payable monthly to the beneficiary personally or to his order when supported by a life certificate bearing his signature and attested by a magistrate, justice of the peace or banker.
13A.	Pensions shall in each case be debited to the member's account in the pension section of the fund until the balance thereof is exhausted and thereafter to the general balance of the pension section of the fund.
14.	If an officer of the Bank who is entitled to pension under these rules wishes to accept employment in any other bank at any time or any other commercial employment within two years from the date of retirement, he should obtain the previous sanction of the Competent Authority designated by the Executive Committee of the Central Board from time to time. The Competent Authority shall consider such proposals in accordance with the guidelines laid down from time to time by the Executive Committee.In exceptional circumstances, where the proposal does not conform to the guidelines laid down by the Executive Committee or the permission is proposed to be declined, it shall be considered by the Executive Committee.Should the officer undertake such employment without the sanction required under this rule it shall be competent for the trustees to withdraw the pension payable to him either in whole or in part at their discretion. Provided that an officer permitted by the Executive Committee to take up a particular form of commercial employment during his leave preparatory to retirement shall not be required to obtain subsequent permission for his continuance in such employment after retirement. Note : The term officer hereinabove shall also cover the Assistants who were governed by the rules governing the services of the Assistants in the Imperial Bank of India.
15.	No employee on the staff in India shall be entitled to pension until he shall have completed twenty-five years' service in India and no employee on the staff in London shall be entitled to pension until he shall have completed forty years' service except as hereinafter provided.
15A.	If an ex-employee rejoins the Bank's service the trustees in their absolute discretion may allow the period of his service prior to his rejoining to count for pension as if there had been no break in the continuity of such service.
16.	Save as hereinafter provided, service rendered in India before completing the age of twenty one years one after completing the age of 58 years shall not be reckoned as service for pension provided that if on the date of completion of the age of 58 years the employee has to his credit any ordinary or privilege leave the period of such leave shall be reckoned as service for pension to such extent of the leave as is availed of or to some extent of the leave for which service is rendered.Service in England shall count for pension from the date of first employment in London irrespective age.
17.	Leave granted by the proper authority and availed of up to the maximum permitted by the rules of the Bank shall be reckoned as service.
18.	Subject to the other provisions of these rules and regulations pensions shall, in the case of members on the staff in India, be payable at the rate of one-sixtieth part for every year's service of the average monthly substantive salary drawn during last twelve months'pensionable service and in the case of members on the staff in London, one-sixtieth part for every year's service of the salary at the date of retirement.Subject to the provision of Rule 20, the amount of pension payable under this rule or any other rule, if it contains an element of paise, shall be rounded off to the next higher rupee.
19.	(i) An employee retiring from the Bank's service after having completed twenty years' service with the Bank shall be entitled to pension provided the employee has attained the age of fifty years if employed on the staff in India or the female staff in London or sixty years if employed on the male staff in London. (ii) An employee retiring from the Bank's service after having completed twenty years' service on the staff in India and/or on the staff in London shall be entitled to pension irrespective of the age he shall have attained if he shall satisfy the authority competent to sanction his retirement by approved medical certificate or otherwise that he is incapacitated for further active service.(Notwithstanding anything to the contrary in these rules and regulations the total of such employee's service whether in India or London shall count for pension under this rule) (iii) An employee who has attained the age of fifty-five or who shall be proved to the satisfaction of the authority competent to sanction his retirement to be permanently incapacitated by bodily or mental infirmity from further active service (such infirmity not being the result of irregular or intemperate habits) may, at the discretion of the trustees be granted a proportionate pension.
20(1).	The maximum pension shall not exceed: (a) In the case of employees on the staff in India, one-half of the average monthly substantive salary drawn during last twelve months pensionable service or Salary drawn during last twelve months pensionable service or Rs. 2,400/- p.m. Whichever is less: (b) In the case of employees on the staff in London who have not done previous service in India, pounds 600 per annum. Provided that the pension payable to the staff in India under the revised rules from 1.1.86 shall not be less than that payable under the previous rules.
20(2).	The minimum pension shall not be less than Rs.300/- per mensem to employees on staff in India.
20A(1).	In the event of death of a member (I) while in service of the Bank after completion of pensionable service of one year or (II) after retirement, the trustees may sanction family pension to the dependent(s) of the employee on the terms and conditions approved by the Central Board.
21.	Members of the fund on the London staff who may be transferred to the staff in India shall be governed by the pension rules relating to the staff in India. Their pensionable services shall count from the date of their joining the India staff plus 7 1/2 months for every year of service in the London Office after they have attained the age of twenty-one.
22(a).	Members of the fund on the staff in India who may be transferred to the London staff shall continue to be governed by the pension rules applicable to the staff in India save that one year on the London staff shall count as the equivalent of seven and a half months'pensionable service and may be added to the years of service on the Indian staff. Provided that if the transfer is purely temporary, service in London shall count the same as service in India. The pensions of members retiring under this section shall be payable in rupees and shall be calculated as follows:- Under 1 1/2 years' service On the average substantive salary drawn during the last In London 5 years in India Over 1 ½ " " " 4 " Over 3 " " " 3 " Over 4 ½ " " " 2 " Over 6 " " On the last years' substantive salary in India OR (b) They may elect to draw their pensions in sterling, in which case they shall be governed by the pension rules applicable to the staff in London, save that every seven and half months of service on the Indian staff shall count as the equivalent of one year's pensionable service and may be added to the years of service on the London staff, and leave earned but not availed of owing to transfer to London Office shall be reckoned as extra pensionable service. The pensions of members retiring under this section shall be calculated on the final salary drawn on date of retirement.
22A.	(1) Notwithstanding anything contained in Rule 11, in the case of a member against whom disciplinary proceedings under the Rules of Service applicable to him have been continued after he ceases to be in the Bank's service or where for the purpose of considering whether sanction for retirement should be granted by Executive Committee or the Local Board, as the case may be, any investigation or enquiry in respect of any act committed by the member while in service has been initiated or continued by the Bank after he ceases to be in the Bank's service, the member may be paid at the discretion of the Trustees a provisional pension of an amount not exceeding the maximum amount of pension which would have been admissible to such member under these Rules on the basis of qualifying service up to the date he ceases to be in the Bank's service or if the member was under suspension on such date unto the date immediately preceding the date of such suspension. (2) The amount paid as such provisional pension shall be adjusted against the amount of final pension if sanctioned on conclusion of such disciplinary proceedings or investigation or enquiry but no recovery of such amount shall be made if the member is ultimately dismissed from the Bank's service and the retirement benefits are forfeited. (3) If at any time in the opinion of the Bank, such member is found not co-operating with the conduct of such disciplinary proceedings or investigation or enquiry, the payment of the provisional pension may, at the discretion of the Trustees, be stopped.
23.	The trustees shall be empowered, after giving notice to the members, to add to, to alter or to modify and of the foregoing rules as circumstances in their opinion may necessitate.
24.	The guarantee fund shall accept liability for all loss occasioned by the dishonesty of an employee save as hereinafter mentioned.
25.	Every member of the fund required to provide security to the Bank shall contribute in advance half-yearly on the 31st March and 30th September in each year five-eights or ten annas per cent per annum on the amount of the guarantee. The trustees may at their discretion reduce the contributions as follows :- After 10 half yearly payments by 10 per cent to 9/16ths per cent. After 20 half yearly payments by 30 per cent. To 7/16ths per cent. After 30 half yearly payments by 50 per cent. To 5/16ths per cent. And may at their discretion re-impose the full charge of five-eights per cent or such lesser charge within the above limits as they may decide.
26.	All moneys received as premia or otherwise on account of guarantees shall be kept in separate account from the moneys proper of the pension section of the fund.
27.	In the event of loss arising of the Bank from the dishonesty of a guaranteed employee the Bank shall as early as practicable give intimation to the trustees of the fund of the claim made by the Bank in respect of such loss.
28.	Any loss which the Bank may sustain by the dishonesty of a guaranteed employee shall be made good in the following order:- (i) From the defaulting employee's special security if he has been required by the and to provide special security. (ii) From the guarantee section of the fund. (iii) From the general balance of the pension section of the fund.
29.	No claim upon the fund shall exceed the actual sum for which the defaulting employee shall have been under guarantee at the time of default.
30.	The amount of claim on the fund in respect of loss arising to the Bank from the dishonesty of a guaranteed employee shall be fixed by the Directors of the Bank and their decision shall be final subject to what is otherwise herein provided.
31.	After the expiry of six months from the date on which an employee's service terminated, the Bank shall not be entitled to raise any claim on the fund on account of any loss occasioned by such employee's dishonesty during the period he was under the guarantee of the fund.
32.	No premia paid for guarantees shall be repayable but shall become the absolute property of the fund.
33.	If in the opinion of the trustees the balance at credit of the guarantee section of the fund is in excess of the sum necessary to provide the required guarantees the surplus may be transferred to credit of the pension section of the fund.

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Right To Information Act 2005 - Corporate Governance

सूचना का अधिकार अधिनियम 2005

Right To Information Act, 2005

Central Assistant Public Information Officer (CAPIO)

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