Section 11 in National Housing Bank (Officers') Service Regulations, 1997
11. Promotions.
(1)Promotions to all grades of officers in the Bank shall be made in accordance with the policy laid down by the Board from time to time having regard to the guidelines of the Government, if any.(2)For the avoidance of doubts, it is clarified that this regulation shall also apply to promotions of any category of employees to the junior management grade.
