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SUO-MOTU DISCLOSURE

SUO-MOTU DISCLOSURE

 

RTI

RIGHT TO INFORMATION ACT

Date of Updation: 01.04.2018

SUO-MOTU DISCLOSURE:

 

Keeping in view provisions of the RTI Act, we hereby provide the information as per terms of Sec. 4 of the RTI Act.

DISPLAY OF INFORMATION AS PER THE REQUIREMENT OF SECTION 4(1) (B) OF THE RIGHT TO INFORMATION ACT, 2005 IS FURNISHED HEREUNDER

 

Section Nos.

Provision requirement

Information

4 .1.b.i

Particulars of its Organization, functions and duties

 

 

Name of Organisation: Canara Bank.

Corporate Office: 112, J C Road, Bengaluru, India – 560002.

Date of Establishment: 1906.

Ownership: Public Sector Bank.Click here for details

Business: Click Here.

Functions: The primary functioning of the Bank is to Accept Deposits, to Lend for various activities & to do other Business as permitted under BR Act etc. Few of the scheme guidelines are as follows:

HEAD OFFICE ORGANISATIONAL STRUCTURE

Deposits

Loans

Other Activities

Deposit Products

NRI Banking

 

Loan Products

Corporate Banking

MSME Banking

Priority Portal

Personal Banking

Rate of Interest

 

Insurance Products

Mutual Funds

PMJDY & Financial Inclusion

Remittance Facilities

Tenders

Sale Notices

Sale of Mortgaged Assets

Mega Auctions

Valuers / Auditors

Panel Advocates

Service Charges

Policies of Bank

Citizen Charter

Careers & Recruitment

Complaints

4.1.b.ii

The powers and duties of its officers and employees

The powers and duties of officers and employees are decided by the Board of Directors and in terms of Service Regulations and Memorandum of Understanding / agreements with majority Unions. Click here for details

4.1.b.iii

The procedure followed in the decision making process, including channels of supervision and accountability

Different powers have been delegated by the Board of Directors to the officers at various levels for smooth functioning.

 

Branches receive applications for credit facilities and recommend to the appropriate sanctioning authority. All credit decisions approved by any sanctioning authority are reported to the next higher authority for control & review purpose.

 

There is a well defined organizational structure and clear system of accountability based on RBI / CVC guidelines. In order to exercise supervision and fix accountability / responsibility various control measures have been put in place. The system of exercising proper delegation of power and submission of control reports is in place and they are monitored by control officers and through internal inspection.

4.1.b.iv

The norms set by it for the discharge of its functions

Directions received from Ministry of Finance, Government of India, Reserve Bank of India and/or approved by the Board of our Bank are the guiding principles for discharging various functions.

Whether to sanction a loan or not, is the absolute discretion of the concerned sanctioning authority of the Bank and such discretion is exercised, after taking into consideration the relevant facts and circumstances of each case. Clik here

4.1.b.v

The rules, regulations, instructions, manuals records, held by it or under its control or used by its employees for discharging its functions:

Best Practice Code (Manual of Instructions) on all our products, periodical circulars, Hand books, Policy Guidelines etc., is made available to all employees for discharging various functions.

 

These are all meant for internal circulation and cannot be shared with public.

 

However, certain information on Deposit, Loan & other Products, scheme guidelines, eligibility etc., are available at above mentioned links:

4.1.b.vi

A statement of the categories of documents that are held by it or under its control:

Documents, as required under law, rules and regulations, such as, Balance Sheets, record of the staff, licenses obtained from RBI / other competent authorities for opening branches / offices etc., are held by the Bank. Annual Report / Quarterly Reports of our Bank are made available on our website:

Financial Results

Press Releases

Disclosures

Shares

Documents executed by customers / borrowers / guarantors, contracts with Third parties / etc.( These are all private information and of commercial value and cannot be shared with public).

4.1.b.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.

Bank is inviting suggestions from employees. Good suggestions are being taken into consideration while formulating policies.

 

Market studies are being conducted as and when felt necessary and suggestions, opinions of public through survey are also considered while formulating policy.

 

Bank's quarterly results and annual results / reports are published in the Bank's website periodically for information of public as well as shareholders which would give an idea about the policies of the bank and implementation thereof.

 

Board of Directors, which formulates and implements its policy, also includes representatives nominated by Government of India.

 

As per present arrangement the Shareholders can raise issues concerning policies & give suggestions in the Annual General Meetings which can relate to the policy of the Bank.

4.1.b.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:

Boards of Directors are constituted under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
Various committees as per the requirement of the Bank are formed as per the approval of Board or by the top management, as per the powers delegated by the Board.

 

Publics are not entitled to participate on the meetings of the Board / Committees and minutes are not accessible to Public.

4.1.b.ix

 

A directory of its officers and employees:

A directory of officers and employees with cadre, place of posting may be seen in following link. Efforts are made to keep the same updated from time to time.

List of Employees

Reservation Roster

Regulations

4.1.b.x

The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in its regulations: 

 

Remuneration of the Chairman & Managing Director as well as the Executive Director of the Bank is fixed by the Government of India.

As regards the remuneration of other officers / employees, the same is fixed as per the service regulations / settlements reached with unions.

 

SCALES OF PAY FOR WORKMEN EMPLOYEES

 

SCALES OF PAY FOR OFFICER EMPLOYEES

4.1.b.xi

The budget allocated to each of its agency, indicating the particulars of all plans, proposed expenditures and reports on disbursement made:

Not applicable to Canara Bank

4.1.b.xii

The manner of execution of subsidy programs, including the amounts allocated and the details of beneficiaries of such programs.

Not applicable to Canara Bank

4.1.b.xiii

Particulars of recipients of concessions, permits or authorizations granted by it:

Not applicable to Canara Bank

4.1.b.xiv

Details in respect of the information available to or held by it reduced in an electronic form:

Details of products and services offered by the Bank are made available on our website: www.canarabank.com

4.1.b.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:

Canara Bank is not maintaining any Library/Reading Room for Public.

4.1.b.xvi

The names, designations and other Particulars of the Public Information Officers.

All Canara Bank Branch / unit Heads are designated as 'Assistant Public Information Officers' to receive the RTI application and to forward the same to the concerned Central Public Information Officers  of the Region Office / Circle Office / Head Office as per Section 5(2) of RTI Act, 2005.

 

Central Public Information Officers (CPIOs) & First Appellate Authorities (FAAs) are nominated for all the 118 Regional Offices, 21 Circle Offices and for Head Office. Hence there are 140 CPIOs & 140 FAAs in our Bank to ensure prompt disposal of applications / appeals under RTI Act 2005.

 

Executives of the Rank of Scale-IV or above are nominated CPIOs and the Executives with one Scale above the Rank of CPIO are nominated as FAAs for Head Office, all Circle Offices & all Regional Offices.

 

Circle-wise & Region-wise list of Central Public Information Officers & First Appellate Authorities along with their Name, Designation, Office Address, Telephone number, e-mail Id are published in Bank’s website at the following link:

Details of CPIOs & FAAs

4.1.b.xvii

Transfer Policy For

  1. Officer
  2. Clerks/ Special  Assistants
4.1.b.xviii  Such other information as may be prescribed: ------------

 

Address of Section/Wing at Head Office:

C A N A R A B A N K

HEAD OFFICE,

RIA SECTION, RL & FP WING, 

5TH FLOOR, “JEEVAN PRAKASH”,

113-1 J C ROAD,

BANGALORE – 560002.


For further information / details visit website of Central Information Commission: www.cic.gov.in

 

 

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