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Shri Vijay Srivastava, Advocate

No. 195/3, Shastri Nagar,

Kanpur- 208005

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With reference to your captioned application, we enclose herewith the Order No. 745 dated 06.08.2012 passed by CPIO, the contents of which are self-explanatory.

ˆ¼Åœ¸¡¸¸ œ¸¸¨¸÷¸ú ™½¿— / kindly acknowledge receipt.

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Order No: 745 Dated: 06.08.2012

Application dated 16.07.2012 of Shri Vijay Srivastava, Advocate, Kanpur

seeking Informationunder theRight to Information Act, 2005

This Order disposes of the captioned application of Shri Vijay Srivastava, Advocate No. 195/3, Shastri Nagar, Kanpur-208005 seeking information under the RTI Act, 2005, received by the office of Central Public Information Officer (CPIO), SIDBI on July20, 2012.

The said application is disposed of, as under:-

  1. Information in respect of Sl. No. 1 of the application:

The maximum gratuity payable in SIDBI is calculated as below:

  1. A sum equal to one month’s pay plus dearness allowance for each completed year of service or anticipated service in the Small Industries Development Bank of India or part thereof in excess of 6 month, subject to a maximum of 20 months` pay plus dearness allowance or Rs. 9,00,000/-, whichever is less, for first 20 year of service.
  2. An additional sum equal to half month’s pay plusdearness allowance for each completed year of service or anticipated service in the Small Industries Development Bank or part thereof in excess of 6 months for service or anticipated service in excess of 20 years.
  1. Information in respect of Sl. No. 2 of the application:

List of 43 candidates/ appointment comprising 22 employees who wereworking in the UPICOwithout any appointment letter by the Ex managing Director Mr. A. K. Bhatnagar and 21 new appointments of professional after advertisement and interview by CMD asreceived from UPICO vide letter dated June 17, 2010, were forwarded to Shri H. R.Ram, an information seeker, vide letter No. 8044/ RTI-5/337 dated 20.07.2010. In the above order No. 337 dated 20.07.2010 the information seeker was also informed that SIDBI has noother informationon other quires. The information seeker is, therefore, advised that he may directly approach to UPICO, which is separate independent public authority under RTI Act for the information relating to name and date of newspaper in which the post were advertised, name of interview committee etc, as no information is available with SIDBI in this regard.

Information in respect of Sl. No. 3 of the application:

SIDBI has received 19 bids from 7 bidders. SIDBI is in the process of selling the shares.

  1. Information in respect of Sl. No. 4of the application:

SIDBI will sell its shares in the manner that the public sector characteristic (51%) of shareholding by Government / PSUs of the TCOs are maintained.

  1. Information in respect of Sl. No. 5 and 6 of the application:

SIDBi is in the process of selling the shares.

The details of First Appellate Authority are given below and are also available at Bank’s web site at

1. Name of the Appellate Authority: ShriS.C. Garg

Chief General Manager [Legal]

2. Address of the

Appellate Authority: Small Industries Development Bank of India

“SIDBITower”, 15 Ashok Marg,

LUCKNOW - 226 001

An Appeal may be filed by the information seeker, if aggrieved, against this Order before the First Appellate Authority within 30 days from the date of receipt of this order.

[U.S.Lal]

General Manager (Legal) &

Central Public Information Officer

Small Industries Development Bank of India

Head Office, 15, Ashok Marg, Lucknow–226 001