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The government has revised norms governing leave travel allowance (LTA) forpublic sector banks in the aftermath of the leave travel concession (LTC) scandal. Rajiv Takru, secretary department of financial services (DFS), told TOI that the department has issued revised norms for LTC for public sector banks. "We have told them what they can do and what they can't," Takru said.
Sources said a former chairman-cum-managing director (CMD) of one of the PSU banks, who had claimed a trip from Jaipur to Delhi via Brazil using LTC facility, could still face serious action though he has returned the excess money he had claimed. Over the past several months, TOI has exposed the LTC scandal, where employees of government and public sector units and banks, as well as some members of Parliament have either submitted forged or fake flight tickets to claim reimbursements.
Sources said a former chairman-cum-managing director (CMD) of one of the PSU banks, who had claimed a trip from Jaipur to Delhi via Brazil using LTC facility, could still face serious action though he has returned the excess money he had claimed. Over the past several months, TOI has exposed the LTC scandal, where employees of government and public sector units and banks, as well as some members of Parliament have either submitted forged or fake flight tickets to claim reimbursements.
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