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Union of India - Section

Section 9 in National Housing Bank (Officers') Service Regulations, 1997

9. Probation.

(1)An Officer directly appointed to the junior management grade shall be on probation for a period of two years.
(2)An employee of the Bank promoted as an officer in the junior management grade shall be on probation for one year.
(3)An officer appointed to any other grade shall be on probation for such period as may be decided by the Bank.
(4)Notwithstanding anything contained in above sub-regulations, the competent authority may, in the case of any officer, extend or reduce the period of probation or dispense with probation.