Disciplinary Proceedings PDF

Mr N K V D A N A IV E Mr NA N...

Mr N K V D A N A IV E Mr NA N V E K E KA r V ND K A r VI IV M A E V ND KA N V IV D M NA Mr N A I V E M r A N E K A Reference KA study V material Nfor D promotion N A exerciser VI V E r M of Officers A 2025-26 VE K V IV D A N I M N A Mr A N K r V N D K A E M A E K AN r V IV D A N V IV V E M A N E K r V I D A N I V M N A M r AN K r V N D K A N I V E M A E KA V D A N V I V E r N K r V IV D M A NA V I V E D M N A Mr N AN V E K M r A N E KA K A r VI N D K AN V IV IV E M A E r r V N D K A N V I V D M ANA M A E M r A N E K A N V I V D N I V E K r N K A r V V IV D M A NA V I V E D M N A M r AN E Baroda K Academy r N K A N I V M N A V E E KA r V N D K A r V I IV M Bank of N ABaroda VE M A V D A V I D N Mr N AN E K M r A N E K A K A r VIV N D K AN V IV I V E ForM internal circulation A only E M r A V D A N V I V D N r M Do Not PrintNA N E K r N K A I V M N A and preserve VE KA V Environment. I unless extremely required. Save E r N D Paper, Save Trees K A V r V IV D M A NA V I V E D M N A M r AN E K r N K A N I V M N A V E KA is to supplement This booklet E r V the learning efforts N D of the promotion K A aspirants. Topics r V I IV incorporated are indicative A Academy advises M in nature andNApex V E the readers toMrefer A V D A V I D etc. for KA N Mr to N A N SOPs, Circulars, Book of Instructions, IV E K Master Circulars, M r Policy guidelines, A N E updated information. A K is focusing mainlyV D A N V I V E ThisVbooklet M r A N exam within E Kthe Bank (basedr on M NA on the promotion r VI trends) N previous and AN as anrinstruction Dshould not be Kconsidered V IV manual. Employees D A M are supposedNtoAupdate themselves V E by reading Bank’s M A N and latest EK circulars, guidelines bankingK A other general I V awareness related D A N IV E industry/ M r A N news. K r V IV N I V E M r V N D K A V D M A E M r A N A N V IV D N K r A I V E M N AN V E K r V N D A V I K r M A NA V I V E D M K I V E Mr A N r V N D K AN M N A V E A V I Mr N K V D A N A IV E Mr NA N V E K E KA r V ND K A r V I IV M AN E M A V D A IVV D N Mr N ANDISCIPLINARYVPROCEEDINGS I E K ANDM r A N E K A KA VIGILANCE, V D FRAUD RISK MANAGEMENT A N V I V E M r A N E K r V IV D A N I V M N A Mr A N K OF VIGILANCEr V N D K A E M A E AN IV N IV OVERVIEW K r V N D K A V Aim: I V E M A r Eservice. Vigilance activity M A V D A N V I V D N M r  Bringing expected A high to N level of morality in E the K conduct of affairs r of public N is K A N be pro-active and not I V disruptive. M It aims at preventing A corrupt practices. N V E KAloss caused to the Vorganization, eitherNinDpecuniary or non-pecuniary A terms, needr not I  Vigilance is not a policing function, but management of human conduct.  E r Mthe subject matter Nof Aa vigilance inquiryIV K V Every IV necessarily become E M A V D A V as bonafide business decisions D N Mr ANofItthe may go wrong. N EK the employeeMhas only examines whether bank. IV r exhibited genuineAN prudence acting E KA A AN IV in the interest K r V N D K V E IV Honest MVigilance has a more Apositive role to perform r Eand that is to protectMhonest N V NA Protects Employees: r V employees N or those withD good reputation, who A are made targets V I of designed D vilification/unjustified A M harassment byNwayAof motivated complaints K E etc., which mustM be rviewed with a lot of circumspection. N K A I V N A V E E K Vigilance- an Effective r V Management Tool: N D As goes a goodKoldAsaying “PreventionVisI Preventive I Vthan cure”. Vigilance M aims at preventing a A mishap than punishingEofficials responsible for M r the A better V D A N V I V D N r lapse. AN K r A M VIGILANCEA N I V E M N AN V E K K setup in a bank r V MACHINERY N D A V I E M (CBI) A E K r IV Bureau of Investigation 1. Vigilance V 2. Central D A N I V M N A Mr 3. Central Technical Central ANExaminers’ Organization Vigilance Commission (CVC) K (CTEO) r V N D K A E 2. N M A E K A r VIV N D K AN V IV I V E M A E M r A VIGILANCE V SETUP IN A BANK D A N V I V D N r  Chief M  InOnthedeputation N Vigilance Officer Aof General Manager E K General Managerr N K A rank N I V / Chief M N A V E KA for a fixed tenure V D I from other banks  EAppointed r N K A r V V IV Chief Manager D M A NAis posted with theVprior I VEconcurrence ofD M N A r  M reports directlyNto A N (Vigilance) at Zonal E Kunder the overall supervision Offices r of CVO. AN the CVO. He K A A Zonal Head and functions I V M N I V E KBUREAU r V N D K A V CENTRAL IV E M OF INVESTIGATION (CBI) A E M r A V D A N V I V D N Mr CBI is constituted A N E K M r Resolution No.4/31/61-T A N E K A 1.4.1963. K AN under Government r V IV of India, Ministry done through SpecialD of Home Affairs, Police EstablishmentA N Wing of the CBI,dated V IV V The investigation work is E its police powers M from Delhi Special A N K E 1946. (SPE) r V I which derives D A N Police Establishment Act, I V M N A r M ORGANIZATIONAL ANSET UP OF CBIVEK r V N D K A N I M N A V E KA of 11 divisions: r V CBI comprises E N D K A r V I 1) IV Anti-Corruption Division V D M A NA V I V E D M Mr 3)4) Economic N K Special Crimes Division 2) A E M r A N N Offences Division I V E KA of Prosecution Technical Directorate Advisory Units r V N D K AN 5) 6) IV Policy Division M N A V E V D A I Mr 8) SystemsNDivision 7) AN Administration Division E K M rV A V IV D E K r N V IV D M A NA Mr N AN V E K A VI Mr N K V D A N A IV E Mr NA N V E K E KA r V ND K A r V I IV M NA E M A V D A IV V D N Mr N ANDivision I V E K M r A N E K A 9) K A Forensic Laboratory Co-ordination V D A N V I V 10) E Central r A N K r 11) V IV Training DivisionD M A N I V E M N A Mr Bank SecuritiesNand ANFraud Cell VEK r V ND KA I and Security related M A N in 1995. The CBI E K A anddeal CBI Cell to exclusively V with Banks r N D frauds was established A V IV has Bank V Ehas territorial jurisdiction Securities M over the statesNofAMaharashtra, Gujarat, Fraud Cell (BS & FC) at Delhi, Mumbai, Bangalore K and Kolkata. EGoa and Union TerritoryBS & r of FC, I Mumbai, V and Diu. BSN& D A I V M N A r Daman M Tamilnadu, Kerala K FC, Bangalore, has jurisdiction Aand Union TerritoryVofEPondichery. over the statesV BS & FC,rKolkata has jurisdiction of Andhra Pradesh, D Karnataka, N over Orissa, EK A N A Territories. r V I M N A the remainingIV Assam, Bihar, K Jharkhand and Meghalaya. BS & FC, D New Delhi, has A jurisdiction over E states and I V Union M A N E K M rV A V D A Nto CBI as follows:VIV D N Mr AN K r N KA Important or complicated cases are entrusted N I V E M A E K  Cases E A involving acts ofr V omissions & commissions corruption, forgery, cheating, criminal breach N D punishable under of trust, falsification of K AN law such as bribery,IV r V V M A E records, etc. r VI Possession N of assets disproportionate toN Dthe allegations areKsuchA thatknown sources of income. V IVbe ascertained without D M ANA M Cases in which A sources outside VtheEbank or those casesMinvolving r their truth cannot A N making E K A N inquiry from I Vnature requiring expert D investigation. KA examination N of records, I V  E K cases of complicated books of accounts maintained r by sources outside N the bank. r V IV Cases having interstate Other M or international N A V E M A r V D A ramifications. V I D A N AN relate to a misconduct M In cases whereNallegations V E K other than an offence, M r or to a departmental A N irregularity EK A and the alleged rfacts V I D A N the department/office,IV E K or negligence, are capable of verification N or inquiry within K rV I V the investigation M should be made departmentally. A N Agencies- CBI, E VPolice as under D M A V D A V I N Mr Risk Management Guidelines for N ANPolicy – 2022 V&EModification filing of FIR with Law K Enforcement M r for reporting A Nof fraud vide EKA (Ref : Fraud VI in guidelines K BCC:BR:116:463, E A dated 25.07.2024) r N D K AN r V IV I V M N A V E M A r VAmount Involved N D A LEA’s V I D A N M Below Rs. 6.00 A E K rState/UT Police AN K A N Crores I V M N I V E Rs. 6.00K Crores and above r V N D CBI K A V IV E M A E M r A V D A N V I V D N r Reporting in respect M In respect of large N frauds exceedingERs.50.00 Avalue of High Value K Crore, the complaint Frauds r Nthe Bank with EK A N A following procedure: I V M N to be lodged A by V K CBI as per the r V D N the CVO of the A V I  V EIn accounts where fraud M exceeds Rs.50.00 ACrore, KBank concerned shallr be Eensuring V I D A N the complaint Iand V that it is asM N A V D designated as the nodal officer responsible for vetting per the Mr extant guidelines. A N N responsibility VforIV E K M r A N E K A  The A K overall D ensuring compliance of various timelines being A N laid down in the V IV E M r A N K E progress in investigations r V RBI circular would rest with CMD/MD & CEO of the Bank. V I D A N I V M N A r  The CBI M etc. of all banking will N exceeding Rs.10.00 put Afrauds in place a mechanism for reviewing and V K Crore in value andrachieving inter-agencyNcoordination. monitoring D K A N I V E M A E KA for Banking andVFinancial FraudsReserve D Bank of India (RBI), N A vide its Office Order V I V Vigilance Commission, rin consultation withA N K Advisory Board (ABBFF) CentralE r IV M N for Banking & Financial I V EFrauds (ABBFF). M V dt. 19.08.2021 D had constituted the Advisory Board A V the role of D Mr The officials/Whole N ANDirectors “Advisory Board E K Frauds” for Banking & Financial I V shallr examine M A NSector all levels of K A Time (including V ex-officials/ ex-Whole D Time Directors) A N in Public banks and Public Sector Crore) E r Financial Institutions in case of A M Sector InsuranceNCompanies N frauds amounting to K Rs. 3 Crore (Rupees Three ESector Financial Institutions V V Sector Banks,DPublic All IPublic and above. I V A K of money of Rs.r3VCrores (Rupees Three Crore) and and Public Mr shall refers all N ANof frauds involving matter IV E sums M K A V D I V E Mr A N r V N D K AN M N A V E A V I Mr N K V D A N A IV E Mr NA N V E K E KA r V ND K A r V I IV M AN E M A V D A IVV D N Mr N N Aconstituted I V E K before initiation ofM r A Nthe competent EK A K Aconsider the advice above to the Board for advice, Vtendered by ABBFFNregarding D N criminal investigation and A criminality/ malafideV ofIV E in all such cases.M authority shall r involvement of A Institutions shallVensure E K r I V the officials V D N I M N A A V D 3 Crores KA Mr Board AN received andthemade All Public Sector Banks, and Public Sector Financial that the advice of the K available in case rof frauds amounting toNRs. Einvestigating A has been sought, (Rupees ThreeN A Crores) and above toIV M agencies, N who may take the advice of the Board I V E K V ror Central Bureau ofAN D A Krefer any case/ technical V CentralE r into account while taking consequential actions in such cases. V I to the Board for D Vigilance Commission M N Investigation may also I V E M A r V matter Board may alsoN its advice. carry outK A V frauds analysis in ther financial system andN D A N M The N A periodically V related to Ithe E M A given inputs, if E K A ordinarily, withinra Vmonth of receipt of theDinitial reference, tender any, for policy formulation The BoardKwill frauds, to RBI and CVC. N A its advice as may V beI V E by the Ministry/M A N E K r V IVEstablishment). D requisitioned Department/ CVC or the The Board shall keep A theN commission and RBIIV Investigating Agency (including the Delhi MSpecial N A Mr and activities onNaAquarterly Police N basis. EK r V D informed about its performance N KA V M A E K A r VI N D K AN V IV IV E M A E r r V N D K A N V I V D M ANA M PRELIMINARYNENQUIRY A E M r A N E K A V I V D N I V E K r N K A r V If theVinformation received by I investigation, theDCentral A MCentral Bureau ofNInvestigation V E requires verification M before undertaking A V A will undertake Ipreliminary N r formal M a(RC) AN enquiry reveals Bureau of Investigation V D enquiry by registering K there is substancerin the allegations thenNa regular case K A “PE”. If the preliminary N I V E that M A E A may be registered. K V D A N I V E a. IV Regular Case (RC)M r A N E K M rV A V D by CBI A N V I V D N Mr If the informationNA N E K and definite rso as to make out a clear M A N E K A Vin Iit,Vthe Central Bureau available appears to be authentic cognizable offence or has K A enough substance D A N a regular case of Investigation may register V IV E (RC) straightaway. M r A N E K r I V V Note: SingleNDirective D N I V M N A r K A r V D A A AallNadministrative VEK b. M N I V E M According toA Rule 4 of the SingleV Kand individual publicrservants are requiredNto D Directive issued by the Ministry of Home A N Affairs, V I E extend co-operationK r of cases. M NA E authorities and facilities to the CBI in V V the Iinvestigation D I V M N A r A V D A M c. Inspection N AofNClassified / Graded V E KDocuments M r A N E K I N V E KA r V N D K A r V I When IV CBI desires to see any N A M classified documents/records, V sanction of Ethe competent authority M to A V D A V I D N Mr ofmanner: N should be made A release such documents / records should be obtained promptly by the administrative authority in-charge records and theA E K r Police Establishment N K AN records IV M available to the Special N A in the following E - K r V N D A V IV V E“Top Secret” documents M should be handed Aover only to a gazetted K Eofficer of the SpecialMPolicer V I D A N I V N A r M  Prior ANto be obtainedVbefore Establishment and receipt of the same be obtained. Khanding over documents V r to the investigating D N agency. K A authority CurrentN I E M A over to the VE KA Police Establishment files having a bearing on the day-to-day V at the preliminaryNstage administration will D of their investigation. not N be handed A However, copies orI V ESpecial r M if necessary.\ NA E K r V IV extracts will be supplied, D makes reference toAthe I V M Mr AinNinitiatingshould When the Bank V CBI for investigation, D certified photocopies of all relevant documents N be made actionIV EKavailable to the CBIralong with the complaint on the part of the CBI. M A N so that there A AN is no delay K r V N D K E IV of EmployeesDon M A E Transfer V CBI’s Recommendations A N I V Mr A N E K M rV K AN r V IV D E N V IV D M A NA Mr N AN V E K A VI Mr N K V D A N A IV E Mr NA N V E K E KA r V ND K A r V I IV M AN E M A V D A IVV D N Mr In cases whereN AN I V E K M r serious allegationsAagainst N a public EK A K Arequests for the transfer the Special Police Establishment is investigating V of the public servant, D A N V I V servant, and with. E M r AN such requests should E K normally be complied r V I V D N I V M N A A V D Mr Suspension The CBI either N AN on CBI’sVRecommendations of Employees E K I authority that the D M r A Ndepartmental E KA K A to the disciplinary during the course of investigation V or while recommending prosecution suspect officer shouldA N be suspended givingVIV / action, may suggest reasonsEfor recommending such r M a course of action. A N E K r V I V D N I V M N A r A V D A M Expeditious ANinto the Completion N E of Investigations V K M rsuspension, or aboutAN E K A the highest priority  Investigation beKgiven I allegations against officers V so that the periodND under of suspension is kept A N to retire, should I V E r K to the barest minimum, r V V IV so that the matter and there is sufficient D M time for processing does not get time barredA NAfor action underVtheIVPension the investigation reports E Rules, if warranted. involving retired D M employees N A Mr  The by the N AN take a decision Bank should V E onKthe CBI Report withinr a period of one month I or more of the following M A N of its receipt EKA K ACBI recommends any Disciplinary Authority/Competent Vone Authority. D courses of actions: A N V IV  The E r Mof the Accused Employee/s. A N E K r V IV ii.i. Prosecution D A N I V M NA Bank as deemed fit. r V D Regular Departmental Action for Major or Minor Penalty. Mr A N Action to be taken by theK E N K A M A iii. iv. N No Action. A I V N I V E K r V N D K A V E r V IV Prosecution D M A NA V I V E D M N A r M After investigation if N A the Central Bureau Eof KInvestigation is of theropinion that there is enough Nit hasmaterial K A N I V M N A V E KtheAemployee/s to prosecute an employee of the Bank under Prevention of Corruption Act 1988, to take sanction from E r the Competent Authority V in the Bank,Nunder D section 19 (1)KI Aof the PC Act 1988 VtoI I V prosecute M concerned. A E M r A V D A N V I V D N Mr However, for prosecutionN AN for offencesVunder I E Kany other law sanction M r from the Bank isAnotNrequired. E KA On receiptK ofA the request from theV D A N V IV E frame of 30 days whether toM r N Central Bureau of Investigation, A or decline theVsame the Bank has K to decide within a time E in the following M r I V give sanction for prosecution VI. On receipt ofNtheDCBI Investigation Report N I manner: N A r A K (SP’s Report) Central V r Vigilance Department D A M a copyN A V E M A N forwards EK *K A Authority forr VAccording I of the report to the following authorities Sanction forD immediately: A N IV *E Competent Mof the Employee concerned. A N Prosecution K r V I V Disciplinary Authority N I V E M A r VII. The Disciplinary D A V N Authority shouldEKsubmit comments onrthe recommendationsNof CBI to the K D A N M N AAuthority Mof CBI’s Report from ACentral Vigilance VE A Competent IVthan -7- days of receipt not later V D A N I K Dept., E r N K r V III.I V The CompetentDAuthority, M with due consideration N A of the comments V Eof the Disciplinary Authority, M A V A V I D Authority KA N Mr will arrive at N comesN Aa decision as to whether E Kprosecution is warranted M rthenorthenot.Competent IVfor prosecution asDper the draft sanctionAorder N If the Competent A E K A to the conclusion that V prosecution is warranted, N Authority would I V V issue E formal order of M r sanction A N of CBI’s Report. E KThe order of sanctionr V forwarded along I with the CBI’s Report, V accordingly. ND within -30- days of the A N receipt I V M for N A M r prosecution A is then forwarded to the K concerned DIG of r V CBI and the CVC is N D also apprised K A N I V E M A E theA If K Competent Authority,V Dcomments from Disciplinary N A Authority arrives V I V IV. E r on consideration of the N K r V IV the CVO with cogent at the conclusion that D Mreasons for disagreement prosecution is not A NA with CBI’sVIrecommendations. warranted then the VE matter is referred to CVC D M to through Reference Mr CVC is required N AN to be made irrespective V E K of the cadre of remployees within -30-Ndays of receipt I for prosecution,In then A M concurs with theNrecommendations K A of CBI’s Report by the competent V authority. r for prosecution. case CVC D A of V the E Bank not to give M sanction A N However, in case the CVO will KCVC concurs with the advise E the CBI giving reasons I for declining the sanction V recommendations D of the CBI in the matter N A of prosecutionr ofVcan theV I Bank employee and the Bank M r differs with the A N CVC’s advice then a E K representation to CVC be made for reconsideration of AN IV M K r V N D E V IV D M A NA Mr N AN V E K A VI Mr N K V D A N A IV E Mr NA N V E K E KA r V ND K A r V I IV M NA E M A V D A VIV D N Mr N N Aunder I V E K M r Director, within -60- A Ndays of receipt EK A ofK A first advice. r V its advice the signature of Chairman and Managing D A N V I V V E CVC’s M A N E K r V I D A N I V M N A Mr (**Refer to BCC:BR:113:797 SOP for Sanction of Prosecution A N dated 27.12.2021 (Under Section V 19 of PC Act, 1988) K for Detailed SOP**) r N D K A E M A E K AN r V IV Report for grantD A N for prosecution V IV V Eunder section 19 of Prevention 1. On receipt of the CBI Investigation M of Corruption A N K of previous sanction necessary E Department forwards r a I V copy of the CBI D A N V Act, 1988, Central Vigilance I M N A M r A Nwitnesses, recovery report along with entire Kmemos, draft sanction V relevant record including D the FIR disclosure statements, r order/ Charge sheet N and all other EK A statements N of I V E M A K Arequest. The recordr Vshould also contain theDmaterial/document, A relevant material to the Competent Authority through CVO of the Bank N for taking a view on the V V I ECBI N K r if any, which may tilt the V IV balance in favour ofM D the accused and on the A NAbasis of which,VtheIVcompetentE authority mayMrefuse D N A Mr 2. The competent AN Authority willVaskEKfor the factual details NZonal/Regional EKA sanction M r from the concerned A N A on the recommendations VI D N for sanction VofIV E K authorities prosecution against M r the Bank employee. A N of the concerned A police authorities K r V E r I V 3. The Zonal Head/Regional N D Head shouldA K N submit factual details on V V I recommendationsDof CBI to the the M A NA M Competent N AAuthority not laterVthan I E -30- days of receiptMofr CBI's Report fromACentral N Vigilance EK A Department/Competent K V within the stipulated D Authority, so as to enable the Competent Authority A N to take a view V onIV Ethe recommendations M r of CBI N A conclusion that Vprosecution time. E K r I V V Competent Authority D N I M N A r 4. If the Competent Authority comes Ato the V is D warranted, the A M N AN would issueK V E formal order of sanction M r -45-fordaysprosecution A Nafter complete E K ofK AVertical Head/Zonal/Regional analysis of facts and figures given V I in the CBI’s Report within D overall 75 days Kof A of the N receipt of comments I V E the r MDepartment. It is the N Head i.e. within A to consult legal receipt of the CBI report r V IV from Central Vigilance Nadvisable I V Edepartment M for vetting of the A V sanction order D A V D N Mr r within a weekAsNtime from legal EKA from the legal officer of Region/Zone/BCC. The concerned DP Department A should ensure Nthat vetted sanction E Korder is received positively N IV M A AN IV department. 5. E K r V If CVC concurs with the recommendations ofN D K V I V MCVO will communicate Athe advice of CVCVtoEthe CBI giving reasons the Bank as to not give sanction for prosecution M r for A V declining theNsanction as per CBI order; the D for prosecution. A N V I D N r M 6. However, Aif CVC concurs withVtheEK r N K A N A Bank employee/s I M N A of prosecution of VE beI recommendations of the CBI in the matter Knamed r V and the Bank stillNdiffers D with the CVC'sKadvice, A such cases shall V Ethe IV treated M with CVC and haveNtoAbe reported to theICVO Eof the administrativeM r A V as disagreeme