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Re: Bank of India OSR
The details of the Bank of India (Officers) Service Regulations, 1979 (Abridged) are as follows: Categorization of Branches Average Agg Deposits & Advances for the each of previous two years as of Ist May every year. Large Corporate Branches, : Business Houses with Turnover 500 Crores and above and all power and real estate Houses Mid Corporate Branches Business Houses with Turnover 100-500 Crores and all Jewellery and Diamond Business Houses Exceptionally Large Branches : Rs.175 Crores and above but less than 750 crores (average advance not less than 35 crores) Very Large Branches : Rs.60 Crores and above but less than 175 Crores Large Branches : Rs.20 Crores and above but less than 60 crores Medium Branches : Rs.5 Crores and above but less than 20 crores Small Branches : Less than Rs.5 Crores Scales of Pay Scale I : 14500-600/7-18700-700/2-20100-800/7-25700 Scale II : 19400-700/1-20100-800/10-28100 Scale III : 25700-800/5-29700-900/2-31500 Scale IV : 30600-900/4-34200-1000/2-36200 Scale V : 36200-1000/2-38200-1100/2-40400 Scale VI : 42000-1200/4-46800 Scale VII : 46800-1300/4-52000 Dearness Allowance: On and from Ist Nov 2007, Dearness Allowance is payable for every rise or fall of 4 points over 2836 points in the quarterly average of the All India Average Working Class Consumer Price Index (General) Base 1960 = 100 at 0.15% of pay |
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