Government of India
Ministry of Finance
Department of Financial Services
Jeevan Deep, IIIrd Floor,
Parliament Street, New Delhi
Dated the May 22, 2013
CEOs of all PSBs
Subject: Promotion process 2013-14 Relaxations etc
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).
Under Secretary to the Government of India
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