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Annexure 1 |
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Information of our Bank under Sec.4(1) of the Act |
| i |
The particulars of its organisation, functions and duties |
The Bank has a
three tier Organisational set up comprising its Head Office
at Chennai, 31 Zonal Offices and 1860 branches as on 31.03.11
spread all over the country. The activities of the Bank are
covered by the Banking Regulation Act and the directives of
RBI issued from time to time.
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| ii |
The powers and duties of its officers and employees |
For powers and
duties of the officers and employees of the Bank click Job
roles/duties of Employees and Officers . |
| iii |
The procedure followed in the decision making process, including channels of supervision and accountability |
The Administrative
and Credit Powers of officers at various levels and of different
scales to be exercised in the process of decision making
and the procedural guidelines on the channels of supervision
and accountability are decided by the Board and kept as a
confidential document.
The credit decisions at Branch level are taken by Branch Managers
at various levels from Asst. Manager to DGM of Branch depending
upon their positions. Credit decisions at Zonal level are taken
at the level of Zonal Manager and by second in command, supported
by Zonal level NBG and CSC Committee. At HO level Credit decisions
are taken at the level of Functional GMs, ED, CMD and Management
Committee of Board supported by HO level NBG and CSC Committee.. |
| iv |
The norms set by it for the discharge of its functions |
The norms for
discharge of the functions of the Bank are based on RBI directives
with Board’s approval. For Time Norms for certain
services click Time Norms for certain services in normal
circumstances. |
| v |
The rules, regulations, instructions, Manuals and records, held by it or under its control or used by its employees for discharging its functions; |
All branches and offices of the
Bank are provided with the copies of Manuals of Instructions
and circulars for discharging their functions effectively.
For list of manuals => click manuals. The
details of manuals covering several thousand pages the Manuals
are not ported in the Bank’s web site www.indianbank.in. Whenever
any specific detail on such list is sought for, it could
be provided for inspection.
The circulars for functioning of the branches and Zonal office
are issued from time to time and on specific request the citizens
are provide the copy of circular/s. |
| vi |
A statement of the categories of documents that are held by it or under its control |
Branches hold
the documents relating to loan borrowers and deposit customers.
Based on the Central and State Laws, Head Office prescribed
the list of various documents to be held/maintained by the
branches/offices of the Bank. For details click Policy on
Record maintenance |
| vii |
The particulars of any arrangement that exists for consultation with, or representation by, the members of the public in relation to the formulation of its policy or implementation thereof
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There is no arrangement for consultation
with the members of public in formulating any of the policies
of the Bank.
However, as directed by RBI, the Standing Committee on Customer
Service at Head Office includes four customers of the Bank
representing the Public.
The Joint Customer Service Committees at Zonal Level and Branch
level constituted with Bank customers as members to offer their
suggestions/grievances in the committee meetings and the committee
meeting is held monthly at Zonal level/Branch level. |
| viii |
A statement of the boards, councils, committees and other bodies consisting of two or more persons constituted as its part or for the purpose of its advice and as to whether meetings of those boards, councils, committees and other bodies are open to the public, or the minutes of such meetings are accessible for public |
The details
are ported in Bank’s website www.indianbank.in For
details of Board =>click Board of Directors. For
Chairman & Managing Directors profile, click CMD’s
Profile, for profiles of Executive Directors click ED’s
Profiles. For details of General Managers click General
Managers.
For statement of committees Click Names of the Committees
of the Board .For further details of their constitution,
purpose and the number of members in each committee, visit
our website www.indianbank.in => about
us => annual Report => Report on corporate governance.
( Source: the above data is available in our web site)
The meetings of the Board, Councils and Committees are not
open to the public. As also the minutes of such meetings are
not accessible to the public. |
| ix |
A directory of its officers and employees |
For the directory
of officers and employees viz. SR No., name, Branch, Zone/Head
Office, designation and Gross Salary drawn as on 28.02.2011
click Directory of officers, employees and their gross
salary
The data in the website is updated Annually in the month of
December as the data keep changing from month to month due
to transfers/placements/retirements. The gross salary keeps
changing due to arrears of various allowances/annual increments/
change in DA/HRA etc.
Regarding the system of compensation in the Bank, it is informed
that for officers, it is fixed as per Officers Service Regulations
and for employees it is based on Bi-partite settlement. |
| x |
The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in its regulations |
| xi |
The budget allocated to each of its agencies, indicating the particulars of all plans, proposed expenditures and reports on disbursements made |
There is no provision of budget
allocation for Bank for proposed expenditure and disbursements.
This provision is not applicable to banks. There
are targets furnished to the various functionaries at zonal
level for mobilizing Business. |
| xii |
The manner of execution of subsidy programmes,
including the amounts allocated and the details of beneficiaries
of such programmes |
Our Bank implements PMEGP Scheme which is a
Central Government sponsored Scheme with subsidy assistance
to the Entrepreneur.
Our Bank also implements UYEGP Scheme which is a Tamil Nadu State Government
sponsored scheme with subsidy assistance to the Entrepreneur.
The beneficiaries under the above schemes are selected as per the laid down guidelines
of the Scheme and after ensuring that all other norms as per Bank guidelines
are complied with.
Our Bank also implements Technology Up gradation Fund Scheme (TUFS) for Textile
Industry which is a Central Government Scheme wherein interest subsidy/capital
subsidy are allowed to the Textile units for Technology Up gradation/Modernisation
of their units as per TUFS Scheme guidelines.
There are different loan schemes for advance of the Bank to the public. For details
click Loans.
The public are informed that whether to sanction a loan or not is the discretion
of the sanctioning authority of the Bank which is exercised after taking into
consideration the facts and circumstances of each case. |
| xiii |
Particulars of recipients of concessions, permits or authorisations granted by it |
There are no programmes in the bank
for grant of concessions; permits, authorizations. |
| xiv |
Details in respect of the information, available to or held by it, reduced in an electronic form |
Information which
has public/customer’s interest is ported in our web site www.indianbank.in for
the benefit of our customers and public in general. |
| xv |
The particulars of facilities available to citizens for obtaining information, including the working hours of a library or reading room, if maintained for public use |
Citizen’s charter is ported
in our web site www.indianbank.in For
details click citizen charter. |
| xvi |
The names, designations and other particulars of the Public Information Officers and Asst Public Information Officers are given in the below Hyper Link |
The General
Manager (P&D/MCC) is designated under section 19(1) of
RTI Act, the First Appellate Authority (FAA) and Deputy General
Manager (Law) is Public Information Officer (PIO) designated
under section 5 of RTI Act. All the Zonal Heads are designated
as Assistant Public Information Officers (APIO) under section
5 of RTI Act. The details click
Address,
Telephone/Fax No/email ID of Public Information Officers & Assistant
Public Information Officers, First Appellate Authority
and Transparency Officer.
For fee details under RTI Act rules -> click Regulation
of fee and cost rules. For model application form click
application
format .
The applications under RTI Act and application fee of Rs.10/-
in cash are accepted by all the branches. For location of branches
=>click on Branch Network |
| xvii |
Such other information as may be prescribed; and thereafter update these publications every year |
The information
relating to public is ported in the Bank’s web site from
time to time and is updated annually in the month of December. |
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>> Click Here for Exemption From Disclosure of Information ( Sec.8 of the RTI Act) |
