Bank Employees: Promotion process 2013-14 Relaxations in Zone of Consideration

F.No.4/11/3/2013-IR 

Government of India 

Ministry of Finance 

Department of Financial Services 

Jeevan Deep, IIIrd Floor, 

Parliament Street, New Delhi 

Dated the May 22, 2013 

I am directed to refer to this Department s letter of even number dated 4.4.2013 on the above subject and to say that references received from PSBs seeking relaxations in the guidelines for promotion process 2013-14 have been examined in this Department. 

2. In view of the difficulties being faced by some PSBs regarding non-availability of eligible officers as on cut off date i.e. 1st April in a particular scale to fulfil the required zone of consideration, it has been decided to advice the PSBs as follows: 

i) When the required zone of consideration i.e. 1:3/1:4 is not being met for a particular scale(s), Banks may relax the requirement of Zone of Consideration to 1:2 for that specific scale(s) with the approval of their Board of Directors. 

ii) In case banks are not in a position to achieve the zone of consideration of 1:2, Banks may relax the requirement of APAR marks for candidates with the approval of their Board to the extent that the zone of consideration i.e.1:2 is attained. However, relaxation should not be below the minimum benchmark of 60% marks in APAR. Under no circumstances should relaxation in APAR marks be given if the zone of consideration beyond 1:2 is available. 

3. This issues with the approval of Secretary (FS). 

Yours faithfully, 

Sd/- 

(Manish Kumar) 

Under Secretary to the Government of India 

Source: http://financialservices.gov.in/ncapp/Circulars.aspx?ct=B