4 .1.b.i |
Particulars of its Organization, functions and duties |
HEFA has its corporate office at Bangalore. HEFA is a joint venture government company of MHRD,GOI and Canara Bank. It is established with the objective of financing the creation of capital assets in India’s higher education institutions like IIT’s , NIT’s etc . For details visit our website www.hefa.co.in |
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 policies of the company from time to time. |
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. In order to exercise supervision and fix financial, accountability/ responsibility of various control measures have been put in place. For specific details contact the HEFA office Bangalore. |
4.1.b.iv |
The norms set by it for the discharge of its functions |
Directions received from Ministry of Human Resource Development(MHRD), Government of India, Reserve Bank of India and /or approved by the Board of HEFA and HEFA administration committee are the guiding principles for discharging various functions. |
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 on all our activities is made available to all employees for discharging various functions. |
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 institutions details, record of the staff, license obtained from RBI / other competent authorities are held by HEFA. |
4.1.b.vii |
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 of Directors are constituted through the Company Act. 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.
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boards, councils, committees and other bodies |
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4.1.b.ix |
A directory of its officers and employees |
Made available in this link. |
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 its officials either come from Canara Bank if they are on deputation in HEFA and any other permanent employee is hired as per industry standards. |
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 |
NA |
4.1.b.xii |
The manner of execution of subsidy programs, including the amounts allocated and the details of beneficiaries of such programs. |
NA |
4.1.b.xiii |
Particulars of recipients of concessions, permits or authorizations granted by it: |
NA |
4.1.b.xiv |
Details in respect of the information available to or held by it reduced in an electronic form |
Details are made available on our website: www.hefa.co.in |
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 |
Citizens can submit their requests through the website and contact forms. Our customers are informed from time to time about the developments at HEFA. |
4.1.b.xvi |
The names, designations and other Particulars of the Public Information Officers |
List of the officers is made available in the folder below. |