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ALL INDIA BANK OFFICERS' ASSOCIATION

 

Circular Letter No. 24/VI/2014

December 19, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Dear comrades,

 

RIGIDITY ON THE PART OF

IBA-GOVERNMENT COMBINE

FORCES A SUSTAINED STRUGGLE

TO KICK-START THE NEGOTIATIONS

 

On 17.12.2014, the adjourned sitting of the conciliation proceedings was held by Dy.C.L.C.[C], Mumbai at his office with the Nine constituents unions.  AIBOA was represented by Com.M.A.Srinivasan, Dy.General Secretary and Com.Narendra Kotiawala, Joint Secretary and General Secretary of AIBOA[Maharashtra].

 

2.         It is a matter of concern to all the organisations that IBA, never before  attempted to go back to the individual Banks to revisit the mandate given by them to IBA in the matter of wage revision.  Dena Bank and Andhra Bank managements had placed the agenda for the information of their respective Boards.  The action of the IBA is highly provocative.  IBA’s managing committee  is proposed to meet on 29.12.2014 to take the stock of the situation.

 

3.         On behalf of the Unions, it has been categorically made clear due to adamant attitude of “IBA-Govt. combine” organisations are forced to pursue the path of agitation, an escalated one.  At the end, Dy.CLC [C] suggested that both the parties to amicably sort out the matter.  The meeting concluded at 12.30 hrs.

 

4.         In the post lunch session, the Nine constituents met at “Hotel Avion, Vile Parle, Mumbai” under the Chairmanship Dr.S.U.Deshpande, General Secretary, NOBO as UFBU Chairman Com.K.K.Nair was held up at Hyderabad as per his original engagement.  AIBOA was represented by Com.S.S.Shishodia, President and Com.M.A.Srinivasan, Dy.General Secretary.  The meeting condoled the death  of Com.N.Sampath, Former President, AIBEA, Justice V.R.Krishna Iyer and the brutal acts of Taliban killing the innocent school kids in Pakistan by observing two minutes silence.

 

5.         The candle march on 16.12.2014 successfully observed by the Four Officers Organisations by and large, in all cities, one day prior to the meeting, drew some sort of criticism that the steps taken by officers organisations are not in a right direction and possibility of a wrong signal going to the various authorities.  It was amply clarified to the constituent Unions as there was visibly a lullness in our activities after four days zonal strikes for the best reasons known to the respective organisations and the step initiated was in a right direction and also in right prospective.

 

6.         The provocative action on the part of IBA,  by seeking the confirmation of the mandates from member Banks, extension of probation by some Bank managements and also to prepare ourselves to conduct a sustained struggle, were elaborately discussed.  It was decided to observe the following preparatory programme for the first strike on 07.01.2015 mainly focussing against IBA’s provocative action of seeking the confirmation of the mandates.

 

30.12.2014

Tuesday

Mass Demonstration in all centres.

05.01.2015

Monday

Black Ribbon badge wearing

06.01.2015

Tuesday

Demonstrations/Processions/ rallies in all centres

07.01.2015

Wednesday

ALL INDIA STRIKE

 

7.         There is certainly an insensitiveness on the part of the owners too.  Hence, it was decided to have “FOUR DAYS STRIKE” from 21st to 24th January 2015 followed by indefinite strike from 16.03.2015.

 

Comrades, we are pushed back to the wall.  There is no other alternative but to fight back, as the gross profit has substantially gone up, year after year.   Workforces in Banking Industry are reasonable, responsible, and keep the National interest as  a priority.  Our role in carrying out “Financial Inclusion exercise” speaks volumes about our determination to rise to the occasion.  Equally it is time to rise as a one man against the authorities who are denying a reasonable wage hike commensurate with risk, responsibility, accountability and transferability.

 

 

ONWARD MARCH TO 7TH JANUARY 2015

STRIKE

FOLLOWED BY 4 DAYS STRIKE / INDEFINITE STRIKE.

 

 

With New Year Greetings,

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY


 

Circular  Letter No.23/VI/2014

December 15, 2014

 

TO

 ALL UNITS / STATE COMMITTEES

 

Dear comrades,

 

IMPENDING WAGE REVISION - DEVELOPMENTS AFTER KOLKATA CC.

 

Congratulations !!! to the entire work force for having successfully implemented the call of Strike on 12/11/2014 followed by four relay zonal strikes from 02/12/2014 to 05/12/2014.

 

The Kolkata CC has authroised to secure regulated working hours, 5 days working , improvement in D & A Regulations synchronizing with  substantial wage revision  equivalent to the % achievement of PSC. During the CC itself, one more round of discussion was held, in which Com.Alok Khare, Vice Chairmen represented AIBOA in the talks.

 

Having struck up  subsequently on 26th September,2014,one more round of talks was held, in which it was categorically made clear that unions are to come down substantially and in turn IBA would offer paltry rise of less than 1%. Immediately the nine constituents met in the  IBA Office  and decided to observe the one day strike .As the eastern part of the Nation was in Pooja Celebrations, elections in Maharashtra and Haryana, followed by the Festival of lights.the strike date was decided to be  on 28th OCTOBER 2014.. But suddenly one of the constituents, sent an SMS that the CHAT PUJA was falling on 28th Oct,2014, hence   an alternative date should be decided. In the meanwhile, there was a suggestion circulated that the one day strike action should be in the second week of November 2014 followed by zonal relay strikes. Even to decide the date to retaliate against adamant IBA and government combine, it took more than 15 days to meet  and further it took another 30 days to execute the plan of action.

 

In regular way to achieve peace,  amongst the parties as usual,  a conciliation meet was held at NEW DELHI on 5th November 2014. Shri.P.P.Mitra, the Government representative advised the participants to have one more round of talks specifically advising the IBA to substantially enhance the offer to take forward the 2 year old talks. One more exercise was conducted at NEW DELHI on 10th November 2014 wherein UFBU has brought down the demand from 25% to 23% and IBA refused to enhance their offer. 12th November 2014 Strike was a resounding success.

 

As the Zonal Strikes were already announced , Labour authorities from the centre advised the Zonal CLCs to conduct the proceedings. But UFBU took it up with Dy.CLC (C),and thereby a conciliation meeting was conducted at Mumbai on 1.12.2014. Unions repeated pleas to enhance the offer from the present 11% ,  to recommence the talks were unconsidered as the owner has not signaled the authorities.

 

 

Four Zonal Strikes were carried out with lot of expectations in the First week of December 2014 throughout the country. To review the various constraints in implementing the programmes of agitation right from 13th October 2014 and also the retaliatatory attacks on probationary workforce of extension  of the probation, the unions are to meet on 17th December 2014 ie after twelve days. The reasons for the delay is inexplicable. Trade unions are to remain alive to retaliate to demonstrate against the authorities who are denying the fair and reasonable wage revision.  Four officers organisations have given a symbolic call of protest action. This can be further improved upon which can be commonly decided.

 

In nutshell, we are where we were from March 26th, 2014.

 

OUR ARGUMENTS;

 

1. The Banking System has consistently booked gross profit  between 2012 and 2014, an increased quantum of Rs.15000 crores. Quoting the net profit as a base and increased establishment cost due to price rise are unacceptable. AIBOA right from the first round(21ST FEBRUARY 2013) participated by Com.S.S.Shisodia President and Com.M.A.Srinivasan had placed candidly that the negotiations are to be necessarily based on Gross Profit and Not on net Profit of the banking system.

 

2. When banks have paid an interim dividend of Rs.6747 crores to Government of India why not the workforce which produced the gross profit,  its equal share as wage revision?(PSC Component)

 

3. With the dwindling workforce and enhanced pressure of work, should the Bankmen to accept a meager wage rise?

 

4. Comparing ourselves based on the evolution of PCR with that of the Government Group A officers is being questioned at various platforms. The ground reality prevailing  in PSBs vis-à-vis Government services cannot be overlooked.

 

5. When C2C is a dangerous concept, there is some sort of indication to free some of the officers from the IBA scales which can never be considered by right thinking organisations.

 

DENYING ENHANCED WAGE REVISION BY IBA:

 

Due to rising bad loans, fulfilling the Capital requirements under BASEL III and also higher provisioning of Pension,  forces IBA  not  to offer  beyond 11% rise ie Rs.3465 crores of PSC which is no where nearer to the % of PSC achieved in the last wage revision.

 

 We are for a prolonged struggle as the owners are  unconcerned in totality.

 

We shall have to go by the famous saying of SWAMI VIVEKANANDA that

 

ARISE, AWAKE and STOP NOT TILL  THE GOAL IS REACHED.

 

YOURS COMRADELY, 

  

/S.NAGARAJAN/

GENERAL SECRETARY

 


 

Circular Letter No.22/VI/2014

December 12, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Dear comrades,

 

ð     ING VYSYA – PROPOSED MERGER

ð     EXTEND ALL OUT SUPPORT TO THE ENTIRE WORKFORCE OF “INGVYSYA”

 

The origin  of the erstwhile “Vysya Bank” was pretty humble.  It was in the year 1930, that a team of visionaries came together to establish the erstwhile “Vysya Bank Ltd.,” that would extend a helping hand to those who were not privileged enough to enjoy and avail Banking services.

 

During the journey upto 2002, the Bank had carved out a position of remarkable performance in all Banking activities, thus claiming the No.1 position amongst the private Sector Banks in the year 1985.

 

The erstwhile “Vysya Bank Ltd.,” a premier Private Sector Bank Ltd., and a global financial powerhouse of Dutch origin “ING came together to establish the present entity in the year 2002.

 

The present Bank has got strong presence in Southern part of our country, catering to the need of SME Banking business.  “ING” the Dutch origin, Banking conglomerate was attempting to sell the global assets, in the background of global meltdown.  Last year, the Insurance business was sold to EXIDE and Mutual Fund business to Birla SunLife Mutual Fund.

 

If the health of “Vysya” is really getting deteriorated due to various internal impediments then the controller of the Banking system should have signalled one of the Public Sector Bank having the head quarters at Western India to roll out the plan to acquire one of the oldest Private Sector Bank.

 

If 100 years +  old Private Sector Bank “Nedungadi Bank” could be taken over by “PNB” in 2003, new generation “GTB” could be merged with “OBC” in 2004 and “United Western Bank” with “IDBI” in 2006.  Why not the “ING Vysya” be merged with one of the Public Sector Bank.

 

AIBOA has always demanded that the “Financial system of our Nation” should be of Government owned Public Sector character and in this background Private Sector Banks are to be necessarily merged with Public Sector Banks.  Our organisation strongly believes that Public Sector Banks are Nation building instruments and hence it has to be preserved, protected and promoted to arrest the private sector entities not to abuse and misuse the public savings.

 

The proposed merger has to have many obstacles cleared [ie] regulatory provisions etc., from the Government, market, regulator and also of controller of Banking system in our country.  It is learnt that the AGM of the Bank will be held on 7th January 2015.

 

Our affiliate viz., “All India ING Vysya Bank Officers’ Association” had their central committee meeting at Bangalore on 7th and 8th December 2014, wherein it has been decided to unleash programmes of actions to secure the jobs of all sections of the workforce in its entirety.  They have also met the management along with “All India ING Vysya Bank Employees’ Union [R]” and submitted their view points on the proposed merger.

 

We call upon all our affiliates and State Committees to extend whole hearted support to the “programmes of actions” unleashed by “All India ING Vysya Bank Officers’ Association” along with “All India ING Vysya Bank Employees’ Union[R]” in securing their basic demands of the entire workforce [ie;] IBA pay scales, C2C employees and contracted workforce in toto.

 

AIBOA shall take up with appropriate authorities in due course of time, to impress upon the merger of ING Vysya with a Western based Public Sector Bank.

 

Yours comradely,

/S.NAGARAJAN/

GENERAL SECRETARY


 

ALL INDIA BANK OFFICERS’ CONFEDERATION (AIBOC)

ALL INDIA BANK OFFICERS’ ASSOCIATION (AIBOA)

INDIAN NATIONAL BANK OFFICERS’ CONGRESS (INBOC)

NATIONAL ORGANISATION OF BANK OFFICERS (NOBO)

                                    `                                                          

                                                                                                                            Dated:11/12/2014

 

TO ALL AFFILIATES/STATE UNITS/MEMBERS

 

Dear Comrades,

v  ADAMANT ATTITUDE OF IBA – GOVERNMENT COMBINE

v  FURTHER PROGRAMMES TO FOLLOW

v  WARM UP EXERCISE TO COMMENCE FROM  16.12.2014

 

12th November 2014, an All India Stay out Strike by the entire workforce had evoked no response from all concerned in the Industry.  Forced back to the wall, Association/Union representatives responded to the call of conciliation by Deputy CLC [C] on 01.12.2014 at Mumbai, maintained a reasonable stand to commence the negotiations by IBA.  Even to facilitate the IBA to eke out an assurance from the Government authorities, we agreed to meet at 16.00 hours after a brief adjournment.

2.       Our responsiveness has been treated as our weakness, it appears.  As expected, IBA failed to commit a minimum number at the end of the day and avoid the relay strikes.  Unions have been forced to adhere to the call of relay strikes from December 2 to December 5, 2014, once again making it a resounding success, as a disciplined organization / constituents of UFBU.

3.       To make our restlessness more pronounced, we have decided to observe the following programmes in all State Capitals and major cities.

          16.12.2014           Candle Light March

          10.01.2015           Human Chain

          19.01.2015           Women Rally

                                             

We advise our Units to coordinate and observe the call in a demonstrative manner to draw the attention of authorities at various levels. Further programmes are being decided and shall be advised soon.

Comrades, March forward to non-violence agitation as practiced by Father of the Nation.

With Revolutionary greetings,

Yours comradely,      

/HARVINDER SINGH/

GENERAL SECRETARY

AIBOC

/S.NAGARAJAN/

GENERAL SECRETARY

AIBOA

/K.K.NAIR/

GENERAL SECRETARY

INBOC

DR.S.U.DESPHANDE

GENERAL SECRETARY

NOBO


Circular letter No.21/VI/2014

November 22, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

THE HUMAN COMPUTER HANGS !

OUR RED SALUTES TO COM.N.SAMPATH

FORMER PRESIDENT, AIBEA

 

Com.N.Sampath who was born on 26th March 1926, joined the services of Bank of India in 1946 and rose to occupy the position of Director in the Board of Bank of India as a Nominee of AIBEA for a period of Seven years from 1976 till his retirement in 1986.

 

2.         During his 68 years active trade union life, commencing from establishment of the Bank of India Staff Union in the year 1951, enlarging the coverage of protective umbrella of TUs in other Banks too, thus facilitating the formation of Tamilnadu Bank Employees’ Federation in 1953.  He was holding the office of General Secretary of TNBEF from 1958 to 1994, President upto 2010 and Chairman till he breathed his last.

 

3.         In AIBEA, right from 1956 as a CC Member he rose to occupy the positions as Asst.Secretary [1964], Secretary [1985] and President in 1996.  Due to his sharp and analytical approach of men and matters concerning the Industry, he was christened as “Human Computer” on wages concerning the workforce in the Industry and did contribute to successful completion of 7th Bipartite settlement from the beginning of the Bipartite era.

 

4.         His personal qualities are impeccable integrity, uprightness in the organisational front and an exclusive quality of “calling a spade as spade” earned him a special place particularly in AIBEA and in general in the TU front with first and foremost Trade Union of pre-independent India, established in 1920 – AITUC.

 

5.         He was always seriously concerned with the developments in the Industry and participated in all Action programmes and the last one was on 11th November 2014 in the UFBU rally.

 

6.         He was the main architect of the co-operative movement in the State of Tamilnadu and took keen interest in giving an “All India Character” to the co-operative movement having a membership base of more than 2,50,000 in our country.  His last full fledged participation was in the CC meeting of the All India Cooperative Bank Employees’ Federation on 14th and 15th November 2014.

 

7.         Even in his death, he maintained the discipline,  20th November morning, a deep sleep forever.  The Human Computer hangs on !!!

 

Com.SAMPATH, you have left an indelible imprint in the history of Bank Employees Trade Union and your strict adherence to best practices of life as a role model to the emerging “GEN NEXT” in the industry.

 

AIBOA expresses its deepest condolences to the bereaved family members.

 

AIBOA dips its banner in the memory of Com.N.SAMPATH.

 

Yours comradely,

 

 /S.NAGARAJAN/

GENERAL SECRETARY


Circular No.14/VI/2014

November 12, 2014 

 

To:

ALL UNITS / STATE COMMITTEES 

 

Comrades,

 

 

TO- DAY'S STRIKE - A RESOUNDING SUCCESS

WARM UP EXERCISE PRIOR TO ZONAL RELAY STRIKES.

 

One million workforce, men and women, juniors and seniors, messengers to Managers have collectively adhered to the call of one day All India Stay out strike in the Banks throughout the country. The participation of the total workforce confirm the bent up anger against the Negotiating Agency and also the owners for denying a reasonable, respectable wage hike commensurate with the external environments and also developments. The reports are pouring in pertaining to the participation in overwhelming numbers in almost all places. This inevitable exercise had happened due to adamant attitude exhibited consistently right from March 2014 till two days back at Delhi by the IBA.

 

The industry earned increased gross profit year after year and the demand of the workforce is to share reasonable quantum from the same as the wheels of progress of the nation through the Banking activities have been maintained in a  proper way. We are the Wealth Managers of the Indian Financial System. The burden of bad loans due to the failure to adhere to the repayment schedules by the corporate borrowers coupled with wilful defaulters cause considerable worry to the controller of the Banking System. Denying a reasonable increase in wages to the entire workforce under the specious plea of Bad Loans and Capital requirement under Basel III are nothing but an evasive exercise.

 

Indian Banking System stood the test of the times, when the entire globe was under severe strain in Oct, 2008. Rather Public Sector Banking was quoted as Role model for rest of the World. Unrestricted working hours for officers synchronized with risk, responsibility, accountability and also transferability are not weighed in the real sense. With all these, still we have added the gross profits substantially. The interim dividend paid to the Government was Rs.6757 crores for the year ended 31.3.2014. Workforce is considered to be partners in progress. Hence denial and also delaying a substantial wage hike is certainly unacceptable.

 

WELL BEGUN IS HALF DONE, the saying goes. To-day Strike is a prelude to the Relay Zonal Strikes from 2nd to 5th December 2014. Make all out preparations to adhere to the directions of the unions. We also extend our heartfelt thanks to the first and pioneer trade union of Pre Independent India - AITUC for the solidarity extended, members of AIBRF and the workforce of RBI federations equally deserve appreciation from striking workers.

 

Once again Hats Off to You All, You Have made it to happen, Red Salutes to one and all.

 

ONWARD TO RELAY ZONAL STRIKES.

  

Yours Comradely,

S.NAGARAJAN.

GENERAL SECRETARY.


Circular No,13/VI/2014

November 10, 2014                                                                            

 

TO

ALL UNITS / STATE COMMITTEES       .

 

 

Dear Comrades,

 

14TH ROUND DISCUSSIONS - WAGE REVISION

 CONCILIATION STALEMATED.

IBA'S RIGIDITY FORCES THE UNIONS TO OBSERVE

THE ALL INDIA STRIKE ON 12.11.2014

 

As suggested in the earlier meeting held by CLC(C) at New Delhi on 5.11.2014, IBA convened a meeting of the eleven negotiating unions at Delhi to-day at 12.00pm at the Indian Bank Zonal Office, Delhi. During the meeting , IBA negotiating team led by Shri.Rajeev Rishi, Chairman repeatedly reiterated the constraints of the Banking System as the main stumbling block in not improving the present offer of IBA from 11% coupled with no climbing down from the demand of 25% by UFBU.

 

After careful consideration of various emerging situations, it was expressed that the revised offer of UFBU would be 23%, for which, IBA did not favourably reciprocate rather in this 14th round, the rigidity is more demonstrative, signaling that the unions are to take the inevitable decision to implement the collective call of All India Strike through out the country

 

Followed by the IBA meeting, CLC(C), held the conciliation proceedings at his office at 15.00 hrs. Unions presented their viewpoints in a cogent manner in an exclusive hearing offered by the CLC(C) for a upward wage revision to the entire working people in the Banking system. After this exercise, IBA team had also the meeting separately with CLC(C).

 

At the end, CLC(C), reiterated his advice, as done by him in the earlier round too, to defer the strike.

 

The rigid stand of the IBA continuously in the rounds of discussions right from MARCH2014 till to-day, forced the entire workforce of the Banking system to observe an ALL INDIA STAY OUT STRIKE on 12.11.2014. The inevitable has to happen because of IBA .Hence get into action to make the strike on 12th November 2014 a resounding success.

 

Onward march to strike,

 

Yours comradely,

 

S.NAGARAJAN.

GENERAL SECRETARY. 


 

Circular Letter No. 20/VI/2014

November 5, 2014

 

TO

ALL UNITS / STATE COMMITTEES

 

 DEAR COMRADES,

NO FORWARD MOVEMENT IN  THE  CONCILIATION PROCEEDINGS

NO LET UP IN THE STRIKE PREPARATIONS

 

In the conciliation proceedings held at New Delhi to day, our organisation was represented by the undersigned along with Com.S.S.Shishodia, President, Com.T.R.Verma Secretary and Com.Sanjay Khan Joint Secretary. Shri.P.P.Mitra, CLC, was in the Chair.

 

As the IBA representatives were more particular for a postponement of the Strike of 12th NOV 2014, without any concrete and improved offer, the Presiding officer of the conciliation Meeting was indicative in his approach to both the sides.

 

Hence, AIBOA calls upon the members to prepare for the Strike on 12th NOVEMBER 2014 with required seriousness.

 

With greetings,

 

Yours Comradely,

 

S.NAGARAJAN

GENERAL SECRETARY.

UFBU CIRCULAR No. UFBU/2014/33       DATED 05.11.2014

 

·          Conciliation meeting held by CLC today – No improvement in IBA’s offer –

CLC calls for further meeting on 10th instant – UFBU decides to go ahead with the strike

 

Further to the Strike notice served on the IBA by the UFBU, conciliation meeting was held today in New Delhi by Mr. P.P. Mitra Chief Labour Commissioner, Ministry of Labour, Government of India.  IBA was represented by Mr. M.V. Tanksale, Chief Executive, Mr. Unnikrishnan, Dy. Chief Executive and other officials.  UFBU was represented by all the constituent unions.

 

During the conciliation proceedings, the IBA contended that due to the reducing profitability of the Banks, they are unable to accept the demands of the UFBU and stated that for the sake of an amicable settlement, they would be willing to consider improving their present offer provided UFBU agrees to substantially reduce the demands.  IBA also suggested that UFBU should defer the strike so that the negotiations may be further continued.

 

On behalf of the UFBU, we explained the reasonability and justification of our demands and stated that the IBA’s offer falls too short of our expectations and hence not at all acceptable.  We further stated that looking to the runaway inflation as well as the increasing stress and workload under which bank employees and officers are working now-a-days, we deserve adequate wage revision.  We also said that besides improvement in emoluments and service conditions, other demands like 5 day banking, regulated working hours for officers, improvement in pension scheme, extending the old pension scheme to the newly recruited employees, etc. are also needed to be resolved but the IBA is not forthcoming on these issues.

 

IBA informed that they are willing to continue the negotiations further and appealed to the UFBU to defer the strike to facilitate a better atmosphere.  UFBU informed that the strike call has been forced on the Unions due to the unhelpful approach and unacceptable offer of the IBA and reiterated its preparedness for further negotiations provided IBA would come forward with substantial improvement in their offer.

 

After hearing both sides, the Chief Labour Commissioner suggested that both IBA and the UFBU should take steps to reconcile the differences and reach an amicable settlement.  He further advised the IBA to talk to the UFBU to find out how the strike could be averted.  He also adjourned the conciliation proceedings to 3-00 PM on 10th November, 2014 for further discussions.

 

Thus, our demands remained unresolved and UFBU decided to go ahead with the strike.  Hence, we call upon all our constituent unions and members to march on to 12th November 2014 strike without any let up.

                                                                                                    /sd./ M.V.MURALI     

CONVENOR                      

 


 

MIN:RBI:127:2014

November 3, 2014

 

 

 

Hon’ble Prime Minister

Government of India

NEW DELHI.

 

 

Sir,

 

REG FINANCIAL INCLUSION – MASSIVE PRESSURE ON THE WORKFORCE OF THE BANKING SYSTEM.

 

All India Bank Officers’ Association [AIBOA] the second largest organisation of Bank Officers working in Public, Private, Co-operative and Regional Rural Banks wish to place on record the following facts for your active consideration pertaining to the neck break speed of Financial Inclusion exercise.

 

2.         The first and foremost trade union of Bankmen AIBEA, founded on 20th April 1946, on the banks of river Hooghly, Kolkata resolved to achieve the Nationalisation of banks for the growth and progress of the Nation on the foundation day itself.  The path pursued and traded to achieve the Nationalisation of Banks first on 19th July 1969 and subsequently the second on 15th April 1980, thus taking the total number of Public Sector Banks to “27” when the population of the Nation was 30 crores.

 

3.         The foresightedness of the first trade union of Bankmen, AIBEA, reiterated its concern to reach out to the rural masses by branch expansion as well as through Differential Rate of Interest scheme [DRI] @ 4% interest rate and subsequently, through Integrated Rural Development Programme [IRDP] by the then Government at the Centre.  The growth achieved by the vision of the founding fathers of the great movement of Bankmen is appended hereunder.

 

 

 

1969

2014

1

Bank Branches

8268

1,08,000  [including RRBs]

2

Rural / Semi Urban Branches

1833

44,000

3

Deposits

Rs.4646 crores

Rs.80 lacs crores

4

Advances

Rs.3599 crores

Rs.62 lacs crores

5

Number of customers

***

60 crores

6

Loans to Agriculture

Rs.162 crores

Rs.6,90,00 crores

7

Total Staff

1,65,000

10,68,000

8

Average Population per branch

65000:1

15000:1

 

4.         Our Hon’ble President of India, during his tenure as Finance Minister mentioned in his Budget speech that a branch should cater to a population of “2500”.  Our Nation has 6,00,000 villages.  Each village should have a “Brick mortar” bank branches to cater to the needs of the customer.

 

5.         The present scheme launched by the Govt. of India in two phases commencing from 15.08.2014 to 26.01.2015 is attempting to bring in 7.5 crores of household into the “Banking web” with the following facilities to be provided by the bank.

 

            [i]         An overdraft of Rs.5000/- to the account holder

            [ii]        Accident cover of Rs.1,00,000/=

            [iii]       Life cover of Rs.30,000/=

            [iv]       Issuance of Rupay cards to the account holders.

 

6.         It is once again matter of record, that first and foremost trade union organisation of Banking workforce launching the programme of “Banking should be made as a fundamental right” synchronising with their National conference held in February 2013 at Ernakulam speaks volumes about their practical assessment well ahead of the owners of the Public Sector Banking.  In a year long campaign unleashed in the State of Kerala, all important personalities and functionaries have been involved to popularise the demand of the organisation by conducting block level camps nearing 1,000.

 

7.         Having espoused the cause of the Indian Citizen in all forms [i] Nationalisation of Banks in two phases [ii] Loan disbursement - DRI scheme and IRDP scheme [iii] “Loan melas” during the period of Shri Janardhana Poojary the former Finance Minister of the then governance and [iv] also writing off of Agricultural loans of Rs.71,000 crores from budget during the earlier Government compels our organisation to place before the following relevant points for consideration.  Banking workforce have put in their work to achieve a mark of 5 crore accounts and an amount of Rs.5000 crores have been collected in these accounts.

 

PRACTICAL SITUATIONS:

 

[a]     The mobilisation of accounts has to be achieved through existing permanent workforce as well as Business correspondents numbering 1.4 lacs working for Public Sector Banks and Regional Rural Banks.  An additional number of 60000, Business correspondents are to be recruited to meet out the pressures.

 

[b]     In a recent survey carried out by an Institution of National repute, came to the conclusion that around 45% of the Business correspondents are not traceable.  The main reason would be they are poorly paid and the job security is totally absent.  The reason is “dependability” and “Trust factor” with a “B.C.” is also not high.

 

[c]      It is impossible to reach millions of truly excluded people so quickly.  It is relatively learnt that many people who have been brought under this exercise of “Financial inclusion” are already having accounts with the Banks.

 

[d]     When the physical form of infrastructure is required for doing the financial inclusion exercise through “Banking”, there is also a loud announcement of Bank mergers / consolidation from the persons holding public offices in the Government.

 

[e]     The experience gained during this period of the Business correspondents [BC], definitely compels us to demand for substantial recruitment of workforce to handle the massive work with precision.  This demand gains weightage due to massive retirement within another couple of years in the Industry.  An alternative to cope up with the situation is to regularise all the Business correspondents in the permanent pay rolls of the Banks.

 

[f]      The branches are to adhere to know your customers [KYC] norms strictly failing which future of the operation related to these facilities may be affecting the career progression of the officers on a later date.

 

[g]     The workforce has been regularly directed to carryout this exercise of financial inclusion on every Saturdays from 8.00 am to 8.00 pm [ie] 12 hours, which defies the logic where 5 days week is practised by the Government of India and 8 hours of work is the international norm.

 

CRITICAL SITUATIONS ENVISAGED:

 

Governor, RBI is strongly advocating against giving subprime loans.  The guarantee fund to backstop overdrafts has only Rs.1000 crore, which is a drop in the ocean

 

In the event of non payment of the overdraft of Rs.5000/= [ the cumulative figure of Rs.37,750/= crores] will the Banks are permitted to deduct from their savings and future cash transfers?  Will Banks be permitted levy hefty penal charges a closing defaulting accounts?  What will this mean for financial inclusion?

 

OUR SUGGESTIONS:

 

1.    Serious financial inclusion requires sustained efforts for considerable time span with an emphasis on quality rather than speed target practice.

2.    Cell phone Banking is the ideal technology provided broadband extension to every village is required.

3.    The Aadhaar exercise need to be completed quickly.

4.    The massive dormant accounts needs to be also revived or brought back to live / operative one.

 

SPEED THRILLS BUT KILLS:

 

We seriously, apprehend the essence of the scheme itself is at stake as the new scheme has all the characteristics of those bad loan melas of the past decades.

 

Our organisation stands for “protecting the Public Sector Banking” as the “PSBs” had stood the test of time in 2008, when the entire globe was looking at India, for its overbearing capacity to stand alone with all precautions to halt the attack of global virus on account of subprime crisis.

 

With regards,

 

Yours sincerely

  

/S.NAGARAJAN/

GENERAL SECRETARY

 

 

cc to:

Hon’ble Finance Minister, Government of India, New Delhi [fmo@nic.in]

The Secretary, PMJDY Administration, Government of India, New Delhi[secy-fs@nic.in]


 

Circular No.12:VI:2014

October 8, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

Comrades,

 

ROAD TO PROSPERITY CAN ONLY BE THROUGH ACHIEVING

REGULATED WORKING HOURS FOR OFFICERS

12th NOVEMBER 2014 STRIKE

 

The life line of the Indian Economy is measured by the Banking activities and we are the fulcrum of all developmental activities of our dear Nation.  Today the entire workforce, nicknamed “wealth managers” handle a total business of Rs.142 lacs crores, with an investment of Rs.23 lacs crores.  We have a total workforce of 7.75 lacs discharging the Nation building exercise through branch banking model.  The total branch network is over 1,00,000 including Regional Rural Banks branches,

 

2.         As we stand, willy-nilly, in the midst of the integrated global system, information, communication and technology[ICT] play dominant role in the new emerging working environment in the branches.  We have adjusted from the original focussed emphasis of “exclusive banking’ to “we also do banking”.  The alternative delivery channels Automated Teller Machine[ATMS], Internet Banking [INB], Mobile Banking Services [MBS] and Point of sale [POS] to provide fast, convenient and easy Banking services such as cash withdrawal, online transfer of funds and e commerce to the customers.

 

3.         As on date, “the workplace has become the single greatest source of stress” as per the study carried out by an International Institute.  Long term loyalty and corporate community feelings have been eroded by a competitive performance culture that expects more and more from the officer employees threatening the job security.  We are probably under an impression that technology would eliminate most household chores and provide the workforce with much more time to enjoy leisure activities, but what turned out is more hectic, impersonal and mechanical work atmosphere leading to more burnout situations.

 

4.         As the Bankers have the habit and tendencies to compare the global standards, why should they not consider the following details and arrive at reasonable and workable alternatives, to secure the future of the youth in the Banking system.

 

 

NAME OF THE NATION

 

HOURS OF WORK

WEEK MEANS

1

Australia

35 hours per week

 

2

Bulgaria

40 hours per week

Monday to Friday

3

Chile

45 hours per week

5-1/2 days

4

Colombia

40 hours[8 hours x 5 days]

Monday to Friday

5

Czech

40 hours [8 hrs x 5 days]

Monday to Friday

6

Denmark

37 hours

-do-

7

Estonia

40 hours

-do-

8

Finland

40 hours

-do-

9

Italy

40 hours

-do-

10

Lebanon

-do-

-do-

11

Poland

35 to 40 hours

-do-

12

Porch

-do-

-do-

13

Romania

40 hours

-do-

14

U.K.

35 to 40 hours

-do-

15

Sweden

40 hours

-do-

 

Today the average hours worked in the USA is around 33 hours.  The lowest average weekly work hours are the Netherlands with 27 hours, and France with 30 hours.  At the current rates the Netherlands is set to become the first country to achieve an average work under 20 hours.

 

5.         Cry for 8 hours work started from 1886 onwards The accepted concept of labour – 8 hours for work, 8 hours for rest, and 8 hours for family and society.  It was the Chicago worker, who demanded the defined working hours in May 1886, which even today continue to elude in the Banking Industry to the entire workforce?

 

The paradox of present working environment is “More the technology leading to more work load through over stretched working hours for officers.  Bank officers are human beings and a happy and peaceful stay /spending with family is a distant dream, since they are pressed into service even on Sundays and Holidays.

 

The demand for Regulated working hours by the Four Officers Organisations is pending with the Bank management from 2002.  We went on a day’s strike on 29.09.2005 to realise various demands including the “Regulated working Hours for officers.

 

Banking Industry witnesses in the recent period entyr of huge number of young officers, who have been recruited through IBPS, certainly expect to realise the demand of regulated working hours in the ensuing wage negotiation.  Hence, in addition to the  quantum jump        in rupees, achieving the defined working hours brooks no delay.

 

Onward March to 12th November 2014 strike.

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY


 

Circular Letter No. 19:VI:2014

October 14, 2014

 

 

 

Dear comrade,

 

v    Bangalore meet decides to escalate the agitation to realise the delayed wage revision

v     Withdrawal of co-operation with immediate effect

v     ALL INDIA STRIKE  on 12.11.2014

 

In the background of overlapping festivals in the month of October 2014 and also elections in the State of Maharashtra and Haryana, the original strike on 28.10.2014, THE date decided on 26.09.2014, has to be put on hold.

 

The Nine constituents met at Bangalore on 13.10.2014.  AIBOA was represented by the undersigned and Com.S.S.Shishodia, President.

 

While AIBOA insisted for adherence to the strike date on 27.10.2014 to express the strong displeasure to the authorities concerned in the Industry and also to the Government of India the possible peculiar situation of clubbing strike date with intervening holidays and also the practical constraints in adherence to work to rule by officers alone were placed in the meeting.

 

After a detailed debate, the meeting came to an inescapable decision to escalate the agitation viz., withdrawal of co-operation with immediate effect by total workforce viz. OFFICERS / WORKMEN and also to observe the strike on 12th November 2014 besides the other programmes, already decided.

 

The UFBU circular is appended hereunder.

 

Yours comradely,

 

 

/S.NAGARAJAN/

GENERAL SECRETARY


 

TEXT OF UFBU CIRCULAR No. UFBU/2014/30 dated  13-10-2014

 

 

TO ALL CONSTITUENT UNIONS/MEMBERS

 

 

·                 UFBU decides to intensify the Agitation

 

·                 All India Strike on 12th November, 2014

 

·                 Relay Zonal Strikes from 2nd to 5th December, 2014

 

·                 Withdraw Co-operation to the Managements

 

 

Demanding early and better wage revision settlement

 

We had informed our Units, vide our Circular dated 26-9-2014, about the negative approach of the IBA in the negotiations for wage revision.  Having regard to the need to express our strong resentment and protest, UFBU has already given the call for observing certain agitational programmes including demonstrations on 17th October 2014 and for holding Dharnas in various States between 18th and 31st October, 2014.  In view of the intermittent festival holidays in various parts of the country, the dates for the strike actions were decided to be finalised later.

 

In this background, UFBU meeting was held today in Bengaluru to chalk out the programmes and after due deliberations, the following further programmes have been decided upon:

 

29th October, 2014

Press Meet at all State Capitals and major centres

(Press Note of UFBU, to be released by all the constituent unions, will be sent in due course)

 

30th October, 2014

·         All India Protest Day

·         Badge Wearing

·         Demonstrations/Rallies at all Centres

 

11th November, 2014

Centralised Demonstrations at all Centres

 

12th November, 2014

ALL INDIA ONE DAY PROTEST STRIKE

 

2nd December, 2014 to

5th December, 2014

 

Relay Zonal Strikes

To be followed by

Further Strikes including Indefinite Strike

 

 

 

 

It was also decided unanimously by the UFBU to withdraw all types of extra co-operation by workmen/officers with immediate effect and to boycott all meetings called for by the bank managements after normal office hours.  The meeting also decided against working on Sundays and other holidays.

 

The schedule of Relay Zonal Strikes is as under:

 

02.12.2014

 

Southern Zone consisting States of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telengana and Union Territories of  Lakshadweep and Puducherry.

 

03.12.2014

 

Northern Zone consisting States of Chattisgarh, Haryana, Himachal Pradesh, Jammu & Kashmir, Madhya Pradesh, New Delhi, Punjab, Uttar Pradesh, Uttaranchal, Rajasthan and Union Territory of Chandigarh

 

04.12.2014

 

Eastern Zone consisting States of Bihar, Jharkhand, Odisha, Sikkim, West Bengal, North Eastern States and Union Territory of Andaman & Nicobar Islands

 

05.12.2014

 

Western Zone consisting States of Goa, Gujarat, Maharashtra and Union Territories of Daman & Diu

 

 

It is two years since we submitted our charter of demands.  While 13 rounds of negotiations have taken place, there is no satisfactory progress in the talks because of the negative attitude of the IBA/Government.  Everyone is aware that employees and officers in the banking sector are doing their best to serve the customers and implement various schemes of the Government despite innumerable hardships and difficulties.  Yet, the genuine demand for adequate wage revision is being delayed and denied. 

 

Even though we have shown our willingness to adopt a flexible approach in order to finalise the settlement expeditiously, the same is not being reciprocated by the IBA.  Thus, once again, we have been pushed to the path of agitation and struggle.

 

We call upon all our unions and members to manifest their resentment and protest through effective implementation of the programmes.

 

Better and early wage revision – We demand - We deserve.

 

With greetings,

 

/sd./M.V.MURALI/

CONVENOR


                                                                                                                        

Circular Letter No.18:VI:2014

October 7, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Comrades,

 

PROGRAMMES OF ACTION

TO REALISE THE UPWARD WAGE REVISION

 

Oval: 10.10.2014 – BLACK BADGE WEARING
 

 

 

 

 
 

The 13th round of discussion held at Mumbai on 26th September 2014, has forced Nine constituents to decide the programmes of action, commencing from 10.10.2014 by wearing Black badge at all offices.

 

It should be ensured that this programme should be implemented with all seriousness.

 

Our Units / State Committees should percolate this message to all and ensure the adherence of the programme, without any exception.

 

With greetings,

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY


 

Circular letter No.15:VI:2014

October 1, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Dear Comrade

 

SUB:  ATTENDING  OFFICE  ON  02.10.2014  A  PUBLIC  HOLIDAY  UNDER  NI  ACT.

We have  been informed that Government of India, in order to present a “ CLEAN INIDA” in 2019 synchronising with 150th Birth Anniversary of the Father of  Nation, has launched a programme on 25/09/2014 and concluding on 31/10/2014.

 

2.         Banks have also been informed to under take the task outlined by the Government of India.  To implement the action plan, Government of India has advised to keep the office opened on 02.10.2014 at 9.00 AM.   A senior officer will administer the pledge to all employees at 9.45 AM.

 

3.         While we appreciate the propaganda to present “CLEAN INDIA “ in 2019, 02nd October. 2014 is a declared holiday under NI Act.  The issue was discussed amongst Four Officers’ Organisations and also brought to the notice of UFBU, as the interest of entire workforce is involved.

 

4.         It has been decided that the officers will not attend the office on 02.10.2014 a public holiday declared under NI Act. Hence we call upon the Officers not to attend Office on 02.10.2014 and implement the collective decision.

 

Yours comradely

 

/S.NAGARAJAN/

GENERAL SECRETARY


 

Circular Letter No.14:VI:2014

September 27, 2014

 

 

To

ALL UNITS/ STATE COMMITTEES.

 

 

Dear comrades,

 

13th ROUND - WAGE REVISION TALKS.

WE ARE BACK TO SQUARE ONE

 

A change in deed in holding the talks with the participating eleven unions in quick succession when compared to the  last round held after three months period. On 25th, UFBU held its meeting to assess the situation in the background of the stubbornness exhibited by the newly elected IBA team in the twelfth round of discussion. In the meeting, AIBOA was represented by Com.Alok Khare,Vice Chairman, Com.S.S.Shishodia, President, Com.Narendra Kotiawala, Joint Secretary,besides the undersigned. We have conveyed that non financial demands viz 1.Regulated Working Hours, 2. 5 days working 3. Improvements in the Discipline and Appeal Regulations for the Serving employees and pension improvements for the retired workforce. Further the payslip component percentage average achieved in the last wage revision 0n 27.04.2010 should be appropriately enhanced with the conversion.

 

2.         In this 13th round, IBA team was captained by Shri.Rajeev Rishi,Chairman Negotiatiing Committee (CBI), Shri.R.K.Dubey CMD,Canara Bank, Shri. Ashwini Kumar,CMD Dena Bank, Shri.Arun Tiwari CMD Union Bank of India, Dr.J.N.Mishra DMD of ,SBI, Shri.Aminesh Chauhan,ED,CBI, Shri.B.Raj Kumar ED IB, Shri.M.V.Tanksale, CEO IBA and Shri K.Unnikrishnan Dy CEO IBA alongwith the officials of IBA.

 

3.         The Chairman,Negotiating Committee IBA preferred to set the new tone of the discussion with the issues of the management, instead of picking up the thread from the last round ie; on load factor. However, the common issue of hospitalisation linked to Insurance was tabled from IBA with elaborate explanation by CEO,IBA. Our representatives made certain important and relevant apprehensions in this connection, with making it clear that employee will continue to submit the medical bill to Bank only and also that there should not be any differention amongst award staff for the purpose of amount maximum ceiling. After a break for 45 minutes, there was near consensus on the issue and agreed to have a committee of three members from both sides to tie the loose ends.

 

4.         Once again on the management issues a. Fixed Pay and Variable Pay and b. Discussion on wages upto Scale to III, raised by the IBA, it was made it clear that  number of times Unions have rejected the proposals earlier and it should not be insisted upon. It was clearly argued and placed before IBA by the representatives that the issues -Regulated Working Hours, 5 days working and improvements in Pension matters are to be resolved with upward offer in the matter of wage load factor from the present 11%.

 

5.         While on Pension related matters there was in principle consent to accede to our demands viz., enhancement of family pension and 100% DA neutralisation for the officers/employees retired prior to 01.11.2002. On updation of pension IBA declined to consider our demand as a cost involved is huge. There was a disinclination exhibited in the initial time on Regulated Working Hours and 5 day working, but on collective insistence IBA has assured to have a relook on these two issues. On load factor which should have the first opening issue for further continuation of talks, figured as a last issue. IBA expressed that  due to unreasonable band, between the demand of UFBU and the offer made by IBA ie; 25% / 23% and 11%, refused to exhibit their willingness to move an inch. All efforts to reason it out our financial demands by Chairman and Convenor UFBU, bear no fruits. The talks were closed without any indication.

 

HENCE WE ARE ONCE AGAIN BACK TO SQUARE ONE. The only way to achieve the reasonable, Respectable wage revision is certainly through an United Struggle which can alone provide the progress in the matter.

 

UFBU, which met subsequently for a brief period, took the stock of the situation to roll out the agitational programmes.The festivals of POOJA and also Diwali coupled with the State elections in Maharastra and Haryana, stalemated an immediate decision on our actions. It was decided to observe agitations in phases culminating in a Day’s Strike in October/ November 2014.

 

10/10/2014                              BLACK BADGE WEARING       

17/10/2014                              DEMONSTRATIONS   

18/10/2014 to 31.10.2014       STATE LEVEL DHARNA.

 

We are forced to resort to this agitation as IBA sticks to original offer of 11%. They are solely responsible for the present stalemate.

 

MOVE  UNITEDLY , MAKE THE PROGRAMMES BY YOUR PHYSICAL PARTICIPATION A RESOUNDING SUCCESS.

 

Yours comradely,

 

 

S.NAGARAJAN

GENERAL SECRETARY


 

Circular No.11:VI:2014

23rd September 2014.

 

 

 

TO

ALL  UNITS / STATE COMMITTEES.:

 

 

Dear Comrades,

 

 

PROCEEDINGS OF THE THIRD CENTRAL COMMITTEE HELD AT KOLKATA.

 

The third Central Committee meeting of our organisation was held at Kolkata on 16th and 17th September2014. The first day session was presided over by Com.Alok Khare, Vice Chairman of our Organisation, commenced its proceedings at 11.00 A.M.

 

The house observed two minutes silence in the memory of the departed personalities of international, national, and organisational personalities.  The nature’s fury on people of J&K and Assam drew special attention.  The proceedings of the Second Central Committee held at Mahabalipuram on 3rd and 4th August 2013 was placed before the house, by Com.M.A.Srinivasan, Deputy General Secretary which was adopted unanimously.

 

As Com.Bikash Debroy, General Secretary of the host unit was engaged in receiving Com.Rajen Nagar, President AIBEA and Com.C.H.Venkatachalam, General Secretary AIBEA, the formal welcome address was made followed by presentation of the floral bouquets to the President and General Secretary of AIBEA and also to the office bearers of AIBOA. The CC members were also presented with flowers, thus the session started with fragrance of flowers. The issues listed in the Agenda 2,3 and 4 were taken collectively for presentation to members; Developments in Our Industry, steps taken to implement the decision of the extended office bearers meeting held at Chennai on March 20, 2014 and also the Status report on Wage Revision by the General Secretary with the permission of the Vice Chairman.

 

On the prioritised issue of Wage revision, the CC had the benefit of power point presentation of the complete details so as to enable the members to debate and decide the future course of action in the matter % of the quantum jump and also the our organisational priority of Non Financial demands over the Financial Demands, as Industry is in the process of facing new type of development due to huge retirement during the settlement period as well as the expectations of the youngsters joining the Industry.

 

After a short tea break, Com.C.H.Venkatachalam, General Secretary AIBEA, dealt in detail the current policy of newly elected one party Government on our Industry, threats and also the challenges to be met by the Public at large as well as the Bankmen in particular. Further the CC had the benefit of reporting of the decisions of the General Council meeting held at Kolkata on 3rd and 4th August 2014 in which our coordination committee team members participated. The need to tackle the present situation in the wage front as well as the resistance movement against the Banking Sector reform jointly by AIBEA and AIBOA, was explained.

 

This CC had the unique privilege of the participation of the President AIBEA, who in his presentation made a deep analysis of the PJ Nayak Committee in midst of other relevant developments.  While concluding, he emphasised the need of the both organisations to move together to handle the situations collectively. The CC was adjourned for lunch break.

 

On resumption, the members of the CC presented their view points specifically on Wages. Nearly thirty comrades presented their firm opinion that the present demand placed for negotiation has to be appropriately modulated as our organisation has the prioritised Non Financial issues over financial issues as the Industry in future has to be handled by new generation of employees. Thus the first day session was adjourned after nearly 4 hours of discussion.

 

As Com, Alok Khare, our Vice Chairman was entrusted with the important assignment of representing AIBOA in UFBU meeting and also in the 12th round of wage Negotiation with IBA at Mumbai, the second day session was presided over by Com.S.S.Shishodia, President AIBOA. The session started at 11.00 A.M.

 

TARAK INSTITUTE; It was reported to CC the programmes conducted during the period of last 13 months, the registration of Noble Institute of Banking Research under Societies Act, the donation of Rs.1,00,000 remitted by AIBOA Maharastra State Committee for installation the bust of Com.RJS in the RJS Bhavan and efforts made by the central office office bearers to execute the assignment of installation.

 

On the appeal made to enroll the membership of the society by CC members, it was decided that the membership of the NIBR should be enrolled from the office bearers and CC members of the affiliated units and State Committees in phases. Further it was also reiterated that the affiliated units should utilise the facilities available in the Institute to conduct the leadership training, CC meetings and also defence workshop once in 18 months to achieve the breakeven point.

 

TWO ROSES;  The house had a detailed reporting about the number of subscriptions by the affiliated units, the expenditure involved and also the need to achieve the target of 10000 subscriptions as decided in the earlier meeting. Further, it was observed that the quality of the paper should be upgraded and contributions by way of articles from all parts of the country so as to achieve the enhanced quality of the magazine to have the All India stature. It was also decided that the accounts of the house magazine should be maintained for the purpose of ascertaining the outgo from our General fund.  It was also informed to the CC that the office of the magazine will be from our own office as infrastructure is sufficiently available.

 

FULFILLING THE FINANCIAL OBLIGATIONS BY UNITS.  It was clearly presented to the committee that in the absence of proper and regular remittance by the affiliates, as the subscription from the members are received by the units in advance inter alia holding it without remitting to central office hampers and inflict the strain on the functioning, as the maintenance of Institute is also an additional responsibility on the Central Office.

 

ACCOUNTS; The audited accounts for the period ended 31.12.2013 was presented by Com.G.Gunasekaran, Treasurer of our organisation. The house approved the accounts unanimously after clarifying certain details. Further, it has given its concurrence to liquidate the entry of outstanding against Late Com.RJS and also write-off the some of the items having a book value of below Rs 5000/ as per the advice of our time tested Auditor. The decisions were unanimous,

 

Felicitations to Com.Narendra Kotiawala, Joint Secretary, AIBOA:  One of the best memorable event during the intervening period was the appointment of Com.Narendra Kotiawala, Joint General Secretary, AIOBOA, General Secretary, AIBOA-Maharastra State Committee, and Joint Secretary, AIBOA as Officer Director in the OBC Bank’s Board with effect from 30.01.2014.  A comrade, who had strong binding with late Com.P.K.Menon, Founder General Secretary, AIBOA over a period of quarter century and stood tall by his contribution to the Bankmen in particular in the entire State of Maharastra.

 

He was felicitated by Com.S.S.Shishodia, President, AIBOA and the General Secretary, AIBOA jointly in the CC.

 

ORGANISATION;  The CC had a brief reporting on PSB matter, Contribution to J&K relief work, the urgent need to establish the Private Sector Officers Cell, All India Women’s council, and also to adhere to the time schedule holding the state committee conferences of DELHI, HARYANA, PUNJAB, ORISSA and UP. The dispute in the J&K State committee was also referred.  Further, the CC had the benefit of information about 13 lady comrades participation in the national seminar organised under aegis of AITUC at Delhi in the Parliament Annexe in which the liaison work carried out by our President was also shared.

 

Though almost all CC members have participated, but due to paucity of time and also excess utilisation of time by few CC members to present a detailed report of the units/state committees, the decisions were arrived at in a capsule manner as submitted by the General Secretary. The decisions are as follows;

 

a.         The unification Process of PSB Officers organisation should be completed within four weeks time.

 

b.         The formation of the Private Sector Cell will be undertaken immediately and the meeting will be held at Karnataka State.

 

c.         The steps to establish the All WOMEN OFFICERS Cell will be also undertaken expeditiously. In the meanwhile, our women representatives will participate in the ALL INDIA WOMENS meet organised by AIBEA drawn from the states in the month of December 2014 at Mumbai.

 

d.         The CC authorised the General Secretary in the matter of relief to J&k State.

             

e.         The earnest and serious steps are to be taken by the State committees of DELHI, HARAYANA, PUNJAB and UP to complete the process of much delayed overdue conferences to fall in line the provisions of the constitution of our organisation. To the extent of representation to PSB officers the  office bearer position can be kept unfilled.

 

f.          The Nainital Bank Officers’ Association which was given provisional affiliation by the General Secretary was ratified by the Central Committee unanimously.

 

In the concluding remarks by the President, he expressed his viewpoints on PSB matters as well as on relationship and coordination with OBC employees Federation. 

 

EXCELLENT ARRANGEMENTS BY WEST BENGAL STATE UNIT The  true reflection of modern day management of events were well demonstrated by the Team West Bengal with the rich tradition of trade union culture. The birth place of first and foremost trade union of Bankmen in Pre independent India has certainly imbibed the value based approach in all matters in our day to day life and certainly helped to arrive at important and correct decisions. Red Salutes to the West Bengal State Unit led by Com.Bikash Debroy.

 

With festival greetings and hope to see the light at the end of the tunnel in the matter of wage revision and also on organisational matters,

 

Yours Comradely, 

 

 /S.NAGARAJAN/

GENERAL SECRETARY


Circular letter No.13:VI:2014

September 19, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Comrades,

 

J&K STATE UNDER DELUGE

LET US EXTEND OUR HELP GENEROUSLY

 

The nature’s fury on J&K State is inexplainable.  Total State is completely devastated.  The Press reports and coverage clearly expresses the anxiety and also the gravity of the present , prevailing and precarious atmosphere.

 

In this hour of need, that, we the Banking workforce, should stand together to extend total support to the people of Jammu and Kashmir State.

 

IBA through their communication has requested us to release an appeal to contribute to the Prime Minister’s National Relief Fund [PMRNF] by debiting one day’s PL from individual staff members. The IBA communication is also sent herewith.

 

The suffering people of J&K State require immediately “Medicines” and also “clothes” and the relief work is being undertaken by “Indian Doctors for Peace and Development”.  This task is undertaken by Dr.Arun Mitra, General Secretary, IDPD, Ludhiana 141 003, Punjab – Mobile 09417000360.

 

Please remit the money to the following by NEFT

 

Beneficiary:

Indian Doctors for Peace and Development

Bank:

Punjab National Bank

Account No.

0297000105396756

Branch:

Bank Road, Civil Lines, Ludhiana

Swift:

PUNBINBBLIA

IFS CODE

PUNB0029700

 

AIBOA, as per the sanction accorded by the CC, has remitted Rs.25,000/-[Rs.Twenty five thousands only] for the benefit of stranded people of J&K State for purchase of medicines.

 

Please contribute generously to IDPD before 27th September 2014, as the relief team will be leaving Ludhiana on 27.09.2014 and stay in J&K State upto 02.10.2014.

 

With the sense of sharing the grief of people of J&K State.

 

Yours comradely,

 

 /S.NAGARAJAN/

GENERAL SECRETARY


IBA HR & INDUSTRIAL RELATIONS

CIRCULAR NO. CIR/HR/&IR / 2014 -15/x/627

SEPTEMBER 17, 2014

 

Dear Sirs,

 

Jammu & Kashmir Floods - Encashment of one day's PL by Bank

employees for donation to Prime Minister's National Relief Fund[PMRNF]

 

As your are aware, unprecedented floods have caused havoc in the State of Jammu & Kashmir and left a large number of persons either dead or temporarily displaced.  Property and infrastructure worth crores of rupees have been damaged.  The Central Government is extending full cooperation to the Government of Jammu & Kashmir in the measures for rescue, relief and rehabiliation besides, direct assistance to the affected people.  As the relief measures will involve very huge amount, there is a need for everyone to participate in the national effort to supplement the Government's effort at this difficult time.

 

Our Hon'ble Primie Minister has requested all fellow countrymen to stand shoulder to shoulder with our distressed brothers and sisters in Jammu & Kashmir and be part of the national effort to support them in this hour of crisis and appealed to all citizens to donate generously to the Prime Minister's National Relief Fund [PMNRF].

 

As a befitting gesture from the banking fraternity at this hour of need for relief, we request Member Banks to take initiatives by appealing to all the employees of banks to donate one day's Privilege Leave to the PMNRF by encashing one day's PL, after obtaining employee's consent in writing.

 

/sd/ M.V.Tanksale

 

 

 

 

 

 

 

Circular No. 10/VI/2014

September 19, 2014

 

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Comrades,

 

 

12TH ROUND OF DISCUSSION - ON WAGE REVISION

IBA REMAINS STUBBORN.

 

 

After lapse of 90 days, one more round of discussion on much vexed issue of wage revision was held on 17.09.2014 at Mumbai.  Our organisation was represented by Com.Alok Khare, Vice Chairman in the meetings held.  Eleven unions participated in the scheduled discussion.

 

2.         Preceding the IBA meeting, the Nine constituents met at the Overseas Branch of State Bank of India, to evolve a common approach to resolve the issues of non financial and financial.  The IBA team was led by the newly elected Chairman of the Negotiating team of IBA Shri Rajiv Rishi, [CMD, Central Bank of India], Shri Rakesh Sethi, [CMD, Allahabad Bank], Dr.J.N.Mishra[DMD, SBI], Shri Animesh Chawhan,[ED, Central Bank of India], Shri Shyam Srinivasan [Chairman, Federal Bank], Shri Unnikrishnan, Dy.CEO, IBA besides the officials of HR Department, IBA. 

 

3.         The Chairman IBA Shri T.M.Bhasin[CMD, Indian Bank] before handing over the reins of negotiations, narrated in a candid way the constraints faced by the management, viz., depressed performance of the economy reflections of it on Banking scenario, bulging bad loans due to which the stress and strains on the profitability and ultimately affecting the paying capacity of the Bank to the wealth Managers of the Banking system.

 

4.         Compassionate Appointment Scheme:  While appreciating the concern and initiatives of IBA in following up the release of the sanction from Government of India, IBA was requested to take up with Government of India to get the benefit to the left out cases [31.07.2004 to 04.08.2014] and also clarify the emerging operational difficulties.

 

5.         Jan Dhan Yojna - concern was expressed over the thrusting of Jan Dhan Yojna, with targeted approach, diluting KYC norms & without adequate infrastructure being fraught with immense potential risk & staff accountability issues besides difficulties to the Banks & customers. It was submitted that while the unions are not against any initiatives benefiting common people, Government directives such as 8 am to 8 pm workings on Saturdays for Jan Dhan Yojna are totally unwarranted and unacceptable. Any additional work by bank men beyond stipulated timings must therefore be suitably compensated.

  

6.         On Wages - Representatives of IBA remained stubborn during the negotiation, contenting that  Payslip component of 11% offered on the 11th round discussion on13.06.2014 was itself too high with severe constraints faced by the Banking system.  IBA was reiterating their concern to discuss their list of issues simultaneously.

 

7.         Responding to IBA, UFBU representatives categorically expressed that they would be flexible in their stand provided IBA too respond with improved offers on financial issues coupled with other non financial issues like Regulated Working hours for officers, 5 days working, Discipline and Appeal Regulations, Pension improvements etc., for immediate and satisfactory resolution.

 

8.         Regulated Working Hours – Our attempts to highlight Regulated Working Hours problem has finally led to this emerging as one of the key wage revision issue for the first time.  A Joint letter by four officer’s organisations seeking IBA clarificatory directions has accordingly been submitted to IBA on 17th September 2014.

 

9.         Miles to go… Comrades, with this meeting while the held up wage negotiations have resumed, a lot needs to be done still, for clarity to emerge on our demands.  As you are aware, all along, AIBOA has been endeavouring to secure overall improvements in officers working conditions besides monetary issues.

 

The next date for the discussion is likely to be next week.

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY


ALL INDIA BANK OFFICERS' CONFEDERATION  (AIBOC)

ALL  INDIA  BANK  OFFICERS'  ASSOCIATION (AIBOA)

INDIAN NATIONAL BANK OFFICERS' CONGRESS (INBOC)

NATIONAL ORGANISATION OF BANK OFFICERS (NOBO)

 

 

17.09.2014

 

 

The Chairman

Indian Banks Association

MUMBAI

 

 

Sir,

 

REG:              Regulated Working hours

REF:              Our letter dated 20.01.2009

 

While, we note with appreciation that IBA is inclined to address issue referred herein above, we hereby submit that pending scientific manpower exercise to be undertaken to arrive at a standardisation at all Banks on urgent basis the following points are to be considered for early implementation.

 

[a]        The working hours for Bank Officers should be 6.30 hrs on week days and 4 hours on Saturday with a lunch recess of 30 minutes to 45 minutes

 

[b]        Banking transaction hours are to be fixed in such a manner that the officers are not to stretch beyond the stipulated working hours.

 

[c]        Where the Banking transactions stretch beyond the normal working hours, alternatives are to be thought off to avoid over burdening of the officers.

 

[d]        Officers are not to be insisted upon to attend meetings after office hours and also on Public holidays and on Sundays.

 

[e]        Situation requiring the presence of officers on special occasions it should be by a written order, and they should be adequately compensated.

 

[f]         When the officers are to work beyond the working hours, as mentioned in Point [a], based on the marking in the muster role or “login” and “log out” cumulative excess man hours are also to be  compensated in the form of compensatory off.

 

In event of our demand of the “5 days working” being considered, appropriate enhancement of working hours not exceeding 7 and half hours  per day be considered.

 

We seek your effective intervention to bring about a new change in the advent of technology.

 

Yours faithfully,

 

 

/HARVINDER SINGH/

GENERAL SECRETARY

AIBOC

 

/S.NAGARAJAN/

GENERAL SECRETARY

AIBOA

 

/K.K.NAIR/

GENERAL SECRETARY

INBOC

 

/DR.S.U.DESPHANDE/

GENERAL SECRETARY

NOBO

 


 

 

ALL  INDIA  BANK  EMPLOYEES'  ASSOCIATION

[Central Office: Chennai]

ALL  INDIA  BANK  OFFICERS'  ASSOCIATION

[Central Office: Chennai]

CIRCULAR TO ALL UNITS AND MEMBERS                                                                                                                                                                                5-9-2014

Dear Comrades,

 

                                

·         OBERVE  “ ALL INDIA DAY ”  ON 15th SEPTEMBER, 2014  -  PROTEST AGAINST THE PROPOSAL TO PROP UP LOCAL AREA SMALL PRIVATE BANKS  -  OPPOSE THE OSTENSIBLE MOVE TO HAND OVER LOCAL AREA BANKING TO PRIVATE HANDS THE BANK WILL BE SMALL BUT HAVOC WILL BE HUGE – HENCE TO FIGHT BACK

Our units and members are aware of the various attempts of the Government and the RBI to push through banking reform measures in one way or the other.  The basic idea is to dilute and dismantle public sector banking and boost up private sector banking.  These offensives are going on for the past two decades and from AIBEA and AIBOA we have been consistently fighting against such machinations.  We have been able to build up campaigns, agitations, struggles and strike actions against all these measures.  We can also legitimately feel proud that due to all these persistent efforts, the speed with which these reform measures were proposed to be implemented has been greatly diminished and dampened.  But we know that the Government is on their heels to somehow get their agenda implemented.

Even the present NDA/BJP Government at the centre is pursuing the same policy.  In their election manifesto also, they have said that they would pursue the  banking reforms further.  We have observed in their recent Budget that the Government wants to go ahead with further privatisation moves by allowing more private capital by not allocating any funds for capitalisation.   The Government has also announced their proposals for merger of PSBs.  Already RBI has announced its scheme for granting licenses to corporates and industrial houses. Further RBI has announced their Guidelines on setting up of Small Private Banks and Payment Banks.  Thus there is a concerted attempt to hand over our banking sector more and more to private hands.

In this background, it was been decided by AIBEA and AIBOA that besides pursuing our demands for wage revision, we should also fight back these attacks and offensives.  Hence it was decided to observe the following programmes.

26-08-2014

ALL INDIA ANTI MERGER DAY

15-09-2014

ALL INDIA DAY AGAINST SETTING UP OF SMALL PRIVATE BANKS

25-09-2014

ALL INDIA DAY AGAINST SALE OF BAD LOANS INSTEAD OF RECOVERY OF LOANS

15-10-2014

ALL INDIA DAY DEMANDING  MERGER OF RRBs WITH SPONSOR BANKS

 

Anti Merger Day was already observed on 26th August, 2014 through demonstrations, rallies etc.

BUILD UP THE BATTLE AGAISNT SETTING UP OF LOCAL AREA SMALL PRIVATE BANKS -  OBSERVE ALL INDIA DAY ON 15TH SEPT. 2014:

All of us would recall that in the year 1996, the Government of India proposed to set up large number of LOCAL AREA PRIVATE BANKS with a view to hand over the local banking services to private hands.  From AIBEA & AIBOA, we unleashed a major campaign and struggle and immediately thereafter, we gave the call to fight back this attempt.  Because of that struggle, this attempt was virtually thwarted and foiled and Government could not proceed in the matter in a big way.  As though rising from the grave, once again, this idea is being mooted with a different name.  Now they call it SMALL BANKS and PAYMENT BANKS.

Earlier on Narasimhan Committee Report, 1998 recommended setting up of small local Banks in private sector.  In 2009, Raghuram Rajan Committee Report also emphasized that Small Banks in private sector should be started.  Last year, in 2013, RBI’s discussion Paper on Banking Structures also spoke of the same thing.  In the recent Budget, the FM had given the green signal and immediately, RBI has come out with its Guidelines in this regard.

RBI GUIDELINES AND ‘SMALL BANKS’ AND ‘PAYMENT BANKS’ in PRIVATE SECTOR

 

“ SMALL BANKS ” in Private Sector :  RBI Guidelines

GUIDELINES

-         Will be under Companies Act, 2013.

OBJECTIVES

i)       Accepting Deposits

ii)     Loans to small business units, small farmers, micro industries, etc.

WHO CAN START

Individuals, Professionals, NBFCs, Micro Finance Institutions, Local Area Banks can  be converted as Small Banks.

AREA

Contiguous Districts in one or more States

CAPITAL

Rs.100 crores (minimum 40% from promoter).

FDI can be allowed as per Government Policy.

 

“PAYMENT BANKS” in Private Sector -  RBI Guidelines

GUIDELINES

Payment Banks will under Companies Act.

OBJECTIVE

§        To provide small savings accounts.

§        To provide payments / remittance services to low income households, migrant labour workforce, small business, other onorganised sector entities.

WHO CAN START

S          NBFCs,  Corporate Business Correspondents,  Mobile Telephone Companies,  Super Market Chains,  Companies, Real Sector Co-operatives.

ACTIVITIES

v        Acceptance of Deposits (Current & Savings) upto Rs.1 lac per customers,  Payments and remittances through branches, BCs, Mobile Banking, etc.,  Accepting cash at one end and payment at other end, Payments at point-of-sale locations,  Issuance of prepaid payment instruments, Interest banking,  Functioning as Business Correspondents of Banks.

CAPITAL

Minimum of Rs.100 crores. (Minimum 40% by promoter). FDI can be allowed.

Once these Guidelines of the RBI on Small Banks and Payment Banks are put in place, there will be mushrooming of various individuals and private agencies to start these private Banks.  In the urban and metro areas, they are trying to push in private corporates to start Banks and in the rural and local areas, they are trying to hand over the banking services to small private agencies. The idea is to dilute and relegate the expansion of public sector banks. The idea is provide an all-pervasive space for the private sector in the Banking industry.

To convey our concerns, express our protests and focus our demands, let us observe 15th SEPTEMBER, 2014 as ALL INDIA DAY AGAISNT SETTING UP OF LOCAL AREA PRIVATE BANKS as under:

 

1.      Extensive postering campaign

2.      Letters to be addressed to Governor, RBI by all units on 15-9-2014            ( draft letter will be sent separately)

3.      Massive Demonstrations in all State Capitals and other important centres during lunch time or in the evening on 15-9-2014.

 

OUR DEMANDS

STOP LICENSE TO START LOCAL AREA SMALL PRIVATE BANKS

STOP LICENSE TO START PAYMENT BANKS

OPEN MORE BRANCHS OF PUBLIC SECTOR BANKS

EXPAND AND STRENGTHEN PUBLIC SECTOR BANKS

Yours comradely,

                                                   

                                                                                    S. NAGARAJAN                               C.H. VENKATACHALAM                                        

                                                                                GENERAL SECRETARY                      GENERAL SECRETARY

                                                                                           AIBOA                                                      AIBEA


 

 

CIRCULAR TO ALL UNITS of AIBOA & AIBEA:                                                                                                                                                                 13th August, 2014

 

 

Dear Comrades,

 

§  JOINT CALL FROM AIBOA AND AIBEA 

§  Protest against Harassment of Officers and employees

 

Vide our Circular dated 7-8-2014, we had informed our units about the joint call of AIBOA and AIBEA to protest against the increasing instances of undue pressures and  harassment on Managers, officers and employees in the name of business targets, etc.  Some of the Executives exceed their limit and humiliate the Managers during business meetings, etc. 

 

There are  occasions where the pressures are brought on Managers to somehow reach the business targets including fetching business of third party products even ignoring our own business of our Banks.  All these unhealthy and undesirable approach and attitude of some of the Executives in some of the Banks have a very negative, adverse and dampening effect on the Managers and officers and demoralises them in particular and the staff at large.  There are also occasions where very high and unachievable targets are forced on the Branch Managers and Branches which result in resorting to wrong practices to achieve the targets ultimately exposing the bank and the staff to vulnerabilities.

 

Recently, the episode of a Scale IV Officer of a Bank ending his life unable to bear the humiliation and pressure has shattered all of us, since  all of us come to the Bank to work and make a living and not to end our lives.

 

In order to focus these problems and issues and to draw the attention of the managements and Government, AIBOA and AIBEA have given the following programme for implementation by all our units:

 

18-8-2014

LETTER TO FINANCE MINISTER BY ALL OUR UNIONS

19-8-2014

LETTER TO CHAIRMAN, IBA BY ALL OUR UNIONS

20-8-2014

JOINT DEMONSTRATIONS IN ALL STATE CAPITALS

 

The draft of the letter to be addressed to the Finance Minister and IBA Chairman is given herein and we urge upon all our unions to send these letters on 18th and 19th instants respectively.  Copy of the letter should be sent to AIBOA and AIBEA.

 

Joint Demonstrations should be arranged in all State Capitals on 20-8-2014.

 

With greetings,

Yours comradely,

                                                  

                                                                                                 S. NAGARAJAN                               C.H. VENKATACHALAM                                        

                                                                                        GENERAL SECRETARY                          GENERAL SECRETARY

                                                                                                         AIBOA                                                      AIBEA

 

 

FROM: ……………………………………………………………………………..  UNION

 

DT..      -8-2014

To

Shri Arun Jaitley,

Hon. Minister for Finance

Government of India

North Block,

New Delhi   ( fm@finance.nic.in )

 

To

Chairman,

Indian Banks, Association,

World Trade Centre, 

Centre I   6th Floor,

Cuffe Parade, Mumbai-400005

 

Fax: 022-22184222 /mail: webmaster@iba.org.in

 

 

Dear Sir,

 

Of late, in the name of business targets, invariably unrealistic, undue pressures are being brought on Branch Managers, officers and even on awardstaff.  It has become an increasing and disturbing trend.  While we have come to the Bank for employment and it is our sincere duty to work for the growth and business development of the Bank, the management has no business to impose undesirable and unachievable business targets and then mount undue pressure to somehow achieve these targets. But it is becoming a fashion, routine and a practice to adopt such pressure tactics. 

 

Not unoften, reports come to us of instances of harassments, insults, humiliation, etc. suffered by managers, officers and staff.  Some Executives tend to behave in inhuman ways affecting the dignity, self-esteem and self respect of the officers during meetings, etc.  During their visit to Branches, sometimes, some of their behaviour is highhanded.  Some of them behave like maliks and bosses. 

 

There are also occasions where very high and unachievable targets are forced on the Branch Managers and Branches which result in resorting to wrong practices to achieve the targets ultimately exposing the bank and the staff to vulnerabilities.

 

A recent incident has come as a shock to all of us.  A senior officer of a nationlaised Bank was attending a business meeting held by the local Circle Management.  He was reportedly humiliated and ill-treated beyond tolerance limit by the Executives.  The result – he became depressed and desperate and straight went to the nearby railway track and committed suicide by falling before a train.

 

His suicide note read as under:

 

“Nobody should touch by body, and my last wish is to throw away my body in front of dogs, no kriya karam (religious last rites) should be done.  Person responsible for my death are my Circle head  ………….. and  …………….. , my Field General Manager.  They are demoralizing and humiliating which pressed me to suicide.  They are working for their interest and not for the interest of the Bank.  Though by committing suicide, I have not gained anything, but the other persons can be saved.  These two persons are thinking of becoming CMD of the Bank.  You can collect data which shows their behavior, though nobody speaks straightaway because they are their own boss.”

 

We are sure that neither the Government nor the bank managements have the policy or intention that the staff should be harassed and driven to the wall.   But such instances of humiliation, unwarranted pressure, etc. have a very adverse and demoralizing effect on the managers, officers and staff at large. 

 

We strongly feel that some general guidelines should emanate from the Government/Indian Banks’ Association on the following issues :

 

·         No harassment of Branch Managers, officers and staff in the name of business targets

·         To treat all staff with dignity and respect

·         Ensure regulated working hours

·         Not hold business meetings/conferences on Sundays and holidays

 

 

We seek your kind attention and intervention in the matter in the larger interest of banking fraternity.

 

Thanking you,

Yours faithfully,

General Secretary


ALL  INDIA  BANK  OFFICERS'  ASSOCIATION

 

Circular Letter 9:VI:2014

August 7, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Dear comrades,

 

RESIST WHOLEHEARTEDLY

THE BANKING SECTOR REFORMS ALONG WITH AIBEA

 

On 23rd May 2014, there was a protest demonstration against the recommendations of P.J.Nayak Committee advocating the privatisation of Public Sector Bank by reduction Government equity below 51%, Merger of Banks, keeping the Banking activities out of the C.V.C. and RTI Act, transferring the Government equity to new outfit: B.I.C under companies act etc., conducted by AIBOA-AIBEA-BEFI-INBEF and INBOC throughout the country.

 

RBI has recently put in their public domain/ creation of new Institutions seeking opinion on “Small Banks” and “Payment Banks” with private equity participation.  Cross mergers of RRBs is another act of agonising experience.  Selling the bad loans of PSBs to ARCs and bulging bad loans of PSBs are causing concern to the entire workforce as also to the owners and controllers.

 

AIBEA held its General Council meeting recently at Kolkata on 3rd and 4th August 2014 in which our co-ordination committee members Com.Alok Khare, Vice Chairman, Com.S.S.Shishodia, President, Com.S.Nagarajan, General Secretary, Com.M.A.Srinivasan, Deputy General Secretary and Com.G.Gunasekaran, Treasurer participated.

 

Preceding the General Council, the CC of AIBEA was held in which Com.S.S.Shishodia, President and undersigned participated, followed by the co-ordination committee meeting of AIBOA-AIBEA held at the same venue.  The issues figured in the meeting were [1] Co-ordination between AIBOA and AIBEA [2] Banking sector reforms and [3] approach on impending wage revision.  On  Banking sector reforms there is an absolute unanimity to implement the resistance programme together with AIBEA.

 

In the matter of strengthening AIBOA, we have urged that the Federations at Banks level to release an appeal to the internal promotees to join the AIBOA organisation and ensure their enrolment as a AIBOA member.   On the wage revision, our CC scheduled to meet at Kolkata will take an appropriate decision, as our prioritised issues are – Regulated Working Hours, Improvements in the matter of D&A Regulations 1976 and 5 days working, in the current wage revision.

 

As declared in the General Council AIBOA directs the Units and State Committees to observe the following programmes “ALL INDIA DAY” along with AIBEA.

 

 

            26.08.2014:   Anti merger day

            15.09.2014:   Against Establishment of Small Banks and Payment Banks

            25.09.2014:   Against selling of Bad loans to ARC

            15.10.2014:   Demanding merger of RRBs with sponsor Banks

 

The programmes are to be implemented jointly with all preparations, as the present Government is in a fast forward mode to implement their agenda of dismantling the Public Sector Banks.

 

With greetings,

 

Yours comradely,

 

/S.NAGARAJAN/

GENERAL SECRETARY


ALL  INDIA  BANK  OFFICERS'  ASSOCIATION

[Central Office: Chennai]

ALL  INDIA  BANK  EMPLOYEES'  ASSOCIATION

[Central Office: Chennai]

 

 

CIRCULAR TO ALL UNITS of AIBEA & AIBOA:                                                                                                                                                7TH August, 2014

 

 

Dear Comrades,

 

JOINT CALL FROM AIBOA AND AIBEA –

Protest against Harassment of Officers and employees – a disturbing trend - 

Shri. Ajay Sehgal, the victim – a PNB Officer

Oflate, in the name of business targets, invariably unrealistic, undue pressures are being brought on Branch Managers, officers and even on awardstaff.  It has become an increasing and disturbing trend.  While we have come to the Bank for employment and it is our sincere duty to work for the growth and business development of the Bank, the management has no business to impose undesirable and unachievable business targets and then mount undue pressure to somehow achieve these targets. But it is becoming a fashion, routine and a practice to adopt such pressure tactics.  Not unoften, reports come to us of instances of harassments, insults, humiliation, etc. suffered by managers, officers and staff.  Some Executives tend to behave in inhuman ways affecting the dignity, self-esteem and self respect of the officers during meetings, etc.  During their visit to Branches, sometimes, some of their behaviour is highhanded.  Some of them behave like maliks and bosses. 

 

A recent incident has come as a shock to all of us.  One Shri Ajay Sehgal working as Chief Manager in Chandigarh (Panchkula) in Punjab National Bank was attending a business meeting held by the local Circle Management.  He was reportedly humiliated and ill-treated beyond tolerance limit by the Executives.  The result – he became depressed and desperate and straight went to the nearby railway track and committed suicide by falling before a train.

His suicide note read as under:

Nobody should touch by body, and my last wish is to throw away my body in front of dogs, no kriya karam (religious last rites) should be done.  Person responsible for my death are my Circle head AK Gupta and JK Gupta, my Field General Manager.  They are demoralizing and humiliating which pressed me to suicide.  They are working for their interest and not for the interest of the Bank.  Though by committing suicide, I have not gained anything, but the other persons can be saved.  These two persons are thinking of becoming CMD of the Bank.  You can collect data which shows their behavior, though nobody speaks straightaway because they are their own boss.”

This is indeed heart-rending, it is indeed shocking.  Perhaps, it is the tip of the iceberg.  It is learnt that due to protests by our unions in PNB, the management has suspended the two Executives involved in this case.  FIR has been filed against them but it is reported that they are absconding.  That is a different issue.  The point is that such incidents should never be allowed to happen again. We have come to the Banks to work and not to kill ourselves.  We should not ignore such instances as stray incidents.  We must condemn such instances.  We should condemn the perpetrators of such a crime. We must demand compensation to the family. But more than this, we should build a movement on this issue so that such things do not recur.

In order to draw the attention of the IBA, Government and top managements of the Banks, the following programmes are given for implementation by all our units:

 

18-8-2014

LETTER TO FINANCE MINISTER BY ALL OUR UNIONS

19-8-2014

LETTER TO CHAIRMAN, IBA BY ALL OUR UNIONS

20-8-2014

JOINT DEMONSTRATIONS IN ALL STATE CAPITALS

 

Ø    WE DEMAND :

·         Stop harassment of Branch Managers, officers and staff in the name of business targets

·         Treat all staff with dignity and respect

·         Video recording of business development/managers meetings

·         Ensure regulated working hours

·         Do not hold business meetings/conferences on Sundays and holidays

Comrades, we request all our units to observe these programmes successfully. 

With greetings,

Yours comradely,

                                                                                   S. NAGARAJAN                               C.H. VENKATACHALAM                                        

                                                                           GENERAL SECRETARY                          GENERAL SECRETARY

                                                                                                AIBOA                                                      AIBEA

 


ALL INDIA BANK OFFICERS' ASSOCIATION

Circular Letter : 8/VI/2014

July 21, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

Comrades,

 

 

DISCIPLINE & APPEAL REGULATIONS 1976-

AN EXCLUSIVE ROUND WITH OFFICERS’ ORGANISATIONS

 

It was in the 10th round of discussion held with IBA on 14th March, 20-14, the necessity to have an exclusive exercise with Officers’ Organisation on Discipline and Appeal Regulations 1976 was insisted upon.  It was agreed by IBA representatives to have the same in the 3rd week of April 2014 which was held on 14.06.2014.

 

2.         IBA team was captained by Shri K.Unnikrishnan Deputy CEO, IBA along with Shri Shailesh Verma, CGM, [SBI], Shri B.P.Roy, GM-HR, [PNB], Shri A.B. Thorat, DGM-Law [SBI] with HR backup team.  Representatives of the Four Officers’ Organisations have participated.

 

3.         Prelude to the discussions, representatives of the Officers’ organisations held an exercise to prepare a collective presentation encompassing the totality of provisions related to D&A Regulations 1976.

 

4.         AIBOA representatives , tracing the issue from the strike call of 29.08.2002, wherein IBA had recommended the following to the Government, which are as follows.

 

a]         “……the CVC to consider limiting its jurisdiction only to Board Level Appointees and officers one level below the Board level appointees.

b]         a time limit for disposal of appeals by the Appellate Authority has been proposed to be put in place.  Also proposals have been made as per which the delinquent officer can prefer his appeal directly to the Appellate Authority.

c]         Guidelines for deciding on the revocation or continuation of Suspension have been submitted to Government for being formally issued to the Public Sector Banks.”

 

5.         Broadly, the discussions were centring around on the issues raised in the Joint Charter of Demands.  In the process of presentation of our views, as the Conduct and Discipline and Appeal Regulations 1976 had flown out of CCS/CCA rules of the Government, the provisions and amendments of the same also should find a place in the Regulations 1976.  The linkage between OSR, D&A Regulations 1976 and Pension Regulations 1995 should be made amply clear without any trace of ambiguity.  The double effect of punishment in the matter of promotions [sealed cover procedure] and denial of leave encashment facility to the officers compulsorily retired have also been placed.  In a nutshell DA should come to an end at the retirement date of the officer. 

 

6.         At the end of two hour discussions, it has been agreed to present a comprehensive note by the Four officers’ Organisations to the IBA for further discussions in the Negotiating team of IBA.

 

Indeed it is a good attempt to save the future of the Officers’ community in the Banking Industry.

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY


 

Circular No.8:VI:2014

June 14,2014

 

 

To

ALL UNITS / STATECOMMITTEES 

 

 

Dear Comrade 

 

-                      WAGE REVISION TALKS – 11TH ROUND

-                      10% ON 10% IS THE REVISED OFFER .

-          CONSENSUS DEMAND OF 25% ON PAYSLIP COMPONENTS PLACED.

 

After a lapse of nearly three months (ie last meeting was held on 14 3 2014), eleventh  round of discussion on wage revision was held at Mumbai with IBA participated by the eleven unions.

 

2.         Preceding the talks, UFBU Constituents met to draw the future course of action in the background of change of Government at the Centre after the 16th Lok Sabha Elections.  The meeting observed two minutes silence to pay respect to the departed soul of Com Shanti Patel, HMS Leader, Port and Dock Workers Federation, Former Mayor of Mumbai and past Rajya Sabha MP too.

 

3.         While noting the developments on account of submission of P J Nayak Committee report, Government proposed moves of dilution of equity from the present level up to 58% , merger of PS Banks on account of huge bad loans  and altogether aiming to attack the Public Sector character of the Banking Industry were debated.  A reference about the participation of five unions AIBOA, AIBEA, BEFI, INBEF and INBOC in a demonstration on 23/5/2014 against the RBI on P J Nayak Committee recommendations was also made.  The meeting after due deliberation came to a unanimous conclusion to send a congratulatory  communication to Hon’ble Prime Minister , and also to lead a delegation to the  Hon’ble Finance Minister to present our view points on Banking Industry and also the inordinate delay on wage revision of the work force.

 

It was further decided to pick up the thread of discussion from the stage where it was left on 14/3/2014 negotiations.

 

4.         Exactly at noon, the negotiation team was led by Chairman , Negotiating  Team, Sri TM Bhasin ,Sri  R K Dubey CMD Canara Bank, Sri Rajeev Rishi CMD Central Bank of India, Sri Rakesh Sethi, CMD Allhabad Bank, Sri M V Tanksale, CEO, IBA Sri Unnikrishnan DY  CEO, besides the executives of HR backup team of IBA.

 

5.         The Chairman IBA Negotiating team presented the developments in the last ten rounds spreading over  a period of 19 months in a  brief way and concluded that the Net Profit has dwindled substantially in March 2014 and staff cost has gone up substantially during the last year.  In view of the practical restrictions, on account of bad loans etc., it would not be possible to offer beyond 10% on payslip component . On our insistence to know the developments on the issues raised in the last round, it was supplemented further by IBA CEO Sri M V Tanksale, which are as follows.

 

a)    [A]5 Days working : The present Government thinking to revert to 6 days working in Government , forces not to pursue the issue further with the Government.

b)   [B] Regulated Working Hours:  Officers’ Unions are to submit their concrete view points to IBA.

 

c)    [C] Pension related Issues: 100%  DA Neutralisation and improvement in Family Pension are finding favour from Government point of view,  however expressed their reservation on updation of pension due to substantial cost involved.

 

d)   [D] Compassionate ground Appointments: The favourable decision from the Government is awaited within a couple of months.

 

e)    [E] Improvement on Hospitalisation Expenses: IBA reiterated that the scheme provided by them should be considered by the Union.  A letter of reassurance from the service provider was also  given to  the Unions on the negotiation table.

 

6.         Representatives of the IBA reiterated that the Unions should  spell out their quantum demand  in the background of non conceding any of the proposal presented by IBA to  Unions.   It was Com K K Nair, Chairman UFBU who broke the news of the earlier offer of IBA of 11% elsewhere, in turn, it was readily agreed to offer 11% with a condition to close the negotiations forthwith.

 

After couple of minutes of consultations amongst the constituent Unions, it was expressed clearly that on Payslip Component 25% increase was placed before IBA Negotiating Team.

 

The negotiating team, while expressing their un-acceptance with force, abruptly folded up the discussions.

 

The light at the end of the tunnel is certainly not visible.

 

Please await for further developments.

 

Yours comradely

                              

S NAGARAJAN

GENERAL SECRETARY


Circular Letter No.6:VI:2014

June 11, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Comrades,

 

15.06.2014 – THE FIRST YEAR WILL BE OVER

 

Success in life depends upon two important things;

“Vision” of seeing the invisible opportunities

                       and

Mission” of solving impossible things”

 

The above quote aptly suits to “Com.RJS - a stormy petrel the Chairman of AIBOA who breathed his last on 15.06.2013 at MIOT Hospital of after eight weeks of struggle to remain alive to fulfil certain of the important pre-designed tasks.  However much he desired with strong willpower, the human machine fail to match with the desire and willpower of the towering personality of the Bank officers movement of this Nation.  Within couple of days the void created will be one year old.

 

Com.RJS, in his concluding remark in a National convention held in Delhi, in the year 1992 in the beginning of first decade reforms, opposed by all Central Trade Unions in which AIBOA and AIBEA were also the parties made his indelible imprint on the impact of Reforms process, won deep appreciation from the top leadership of AIBEA at that point of time as well as from others too.

 

Initiating an independent move for bringing Pension through erstwhile State Bank Indore and OBC, was his masterstroke.  One increment in lieu of introduction of Technology with effect from 01.11.1993, was a single handed achievement, when the majority Union of officers in the Industry refused even to place the demand with IBA.  Compulsory Rural service linked to promotion was converted as post promotional exercise. Parity of wages and service conditions with SBI and Regulated working hours are some of the wish list on his hand pending at the time of his demise.

 

Unorganised Sector Trust, relaunching of “Two Roses” remembering the elders of the movement through naming the dream project at Mamallapuram as “Tarak Institute of Banking & Trade Union Research were all his specialised efforts by which he proved that he always had foresight to visualise the situation.

 

AIBOA in a humble way, to remember the yeomen service rendered by the sterling leader Com.RJS to the society, trade Union, and also Bank officers, has organised a Memorial Lecture at Chennai on 28.06.2014 by Prof.Akhil Ranjan Dutta, Department of Political Science, Gauhati University, at C.S.Hall, 3rd Floor, A.K.Nayak Bhavan, 14, Second Line Beach, Chennai 600 001 at 4.00 pm

 

:TOPIC:

 

Development, Dignity and Rights

Role of resistance Movements

 In the era of Economic Reforms”.

 

Let us rededicate ourselves to build a stronger Trade Union movement to resist the multi pronged attacks against the workers in general and officers in particular in our Industry.

 

Com.RJS   Amar   Rahe.

 

Yours comradely,

 /S.NAGARAJAN/

GENERAL SECRETARY


 

 

Circular Letter No.5:VI:2014

May 19, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Comrades,

 

ð           BACKDATED BACK DOOR PRIVATISATION OF BANKING – BY STATE BANK OF INDIA

ð               PRIOR TO PUBLICATION OF NAYAK COMMITTEE ON BANK’S PRIVATISATION

ð               DEMONSTRATION ON 23.05.2014

 

State Bank of India, entered into an agreement with Reliance Money Infrastructure Ltd., [RMIL] on 25th February 2014, giving the benefit of backdating with effect from 5th October 2013, to handle the front office Banking functions, as business facilitator / correspondent.  It is to be taken note that “Reliance Capital” was one of the aspirant for the new Banking license, which was not considered by RBI.  Partial privatisation of SBI is already set in motion, by this exercise of outsourcing through Business facilitator and Business correspondent in SBI.

 

Nayak Committee, appointed by the RBI, prominently recommended privatisation of Banks, reduction of the Government capital in Public Sector Banks from 51%, merger of Banks etc.  The main reasons attributed for the same are Basel III – capital requirement + increasing Bad loans in the Banking Industry.

 

Calling upon the all authorities concerned to reject the Nayak Committee, a demonstration call was given on 21.05.2014 all over the country, subsequently postponed to 23.05.2014 [ Friday ] by UFBU.

 

Keeping the seriousness of the issues involved, AIBOA, AIBEA, BEFI, INBOC and INBEF have decided to adhere to the call to hold the demonstrations at all centres, on 23.05.2014 [Friday] to withdraw the Nayak Committee as it is anti-people and anti-public sector in content. 

 

We call upon the members to mobilise the workforce for the demonstration on 23.05.2014 and make it a memorable success.

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY

 

Encl: Press Report


 

PRESS STATEMENT ISSUED BY

S.NAGARAJAN, GENERAL SECRETARY,

ALL INDIA BANK OFFICERS ASSOCIATION

 

 

BACKDATED BACK DOOR PRIVATISATION OF BANKING

 BY STATE BANK OF INDIA - AIBOA OPPOSES

 

Our attention has been drawn to a report pertaining to the State Bank of India management entering into an agreement with Reliance Money Infrastructure Ltd., on 25th February 2014 giving retrospective effect for the said understanding with effect from 5th October 2013 to handle the all the front office Banking assignments to a Private company viz., “Reliance Money Infrastructure Ltd.,” as  a business facilitator/correspondent.

 

The basic function of a Banking company is to take the money as deposit and lend the same to the needy individuals as advances.  Banking Institutions have already forgotten this basic important function and slowly succumbing to sell third party products like mutual funds, Insurance and Units etc., resulting in the Institutions now are “also do Banking”.

 

It should not escape the attention of the Public at large, that Reliance capital is one of the “aspirant” for the “Banking License” another extended arm of Anil Ambani Group Company, which could not get the same in this recent release of sanction given by Reserve Bank of India.

 

AIBOA strongly opposes the action of SBI, of non-recruiting the required number of staff members to handle the business of the Bank, resorting to this exercise amounts to “back door privatisation of the Bank with back dated effect” to a company, which was not considered for new Banking license by the controller of Banking system.

 

This move of SBI Management is nothing but “outsourcing of essential services” coupled with affecting the privacy of the individual account holder, as they are already handling very many similar services of Banking activities.

 

AIBOA, urges upon the authorities in Central Bank of the Country and also the Government of India to step in the process of reversal as the past experience of the private entities are not worth mentioning.

 

 

 

/S.NAGARAJAN/

GENERAL SECRETARY                                                                                                                                                                                  05.05.0214


Circular letter No. 3:VI:2014

May 5, 2014

 

 

To:

 

 

ALL UNITS / STATE COMMITTEES

 

 

Comrades,

 

WITHDRAWAL OF FACILITY – LEAVE TRAVEL CONCESSION

 

Leave Travel concession for officers is a part of Service Regulations right from date of introduction with effect from 01.07.1979.  In a block of 4 years, in one block of 2 years an officer can undertake the hometown travel and in another block to any place in India by the shortest route.

 

We have made certainly definite improvements over a period of time.  In the individual Bank level, there were improvements, though bilateral arrangements/agreements, by which, within the overall provisions of LTC, an officer can also visit aborad.

 

Suddenly, based on a meeting held at the Government level on 04.04.2014, the said facility of LTC, having the provision to visit foreign country stood withdrawn with effect from 01.04.2014 by IBA.

 

AIBOA, has taken up with IBA, with urgent reasons and urged upon them to take up with Government authorities immediately as, there is no additional financial  burden involved in this exercise.  The communication addressed to IBA is reproduced overleaf.

 

We note to keep the units informed of the developments.

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY


 

AIBOA LETTER NO. IBA:BKS:56:2014 DATED 29.04.2014

 

 

 

The Chairman

Indian Banks Association

World Trade Centre

6th Floor, Cuffe Parade

MUMBAI-400 005

 

 

Sir,

 

REG:   Leave Travel concession /Home Travel concession

REF:   HR & Industrial Relation circular CIR/HR & IRF/2014-15/9195

            Dated 07.04.2014

 

We have on our hand the above mentioned circular informing the curtailment of the facility enjoyed by the Officers hitherto based on the individual bank wise understandings under the over all provisions of Officers’ Service Regulations 1979.

 

Today visiting the foreign country is not to be viewed negatively by authorities as multiple changes are taking place in all walks of life, due to the external pressures on the Nation as a whole.  An officer employee acquires new experience thereby enlarging / broadening his understandings on men and matters.

 

Apart from this, altering the service conditions unilaterally during the course of the discussion on wage revision, wherein the LFC is one of the issues, is unacceptable to our organisation.

 

It would have been proper on the part of IBA to convene the meeting of the representative of the Officers’ Organisations to inform the background compelling the IBA to arrive at the decision of curtailment of the facility.

 

In addition to the above, the reimbursement is restricted to the furthest point within India under the existing rules, this communication needs to be reversed, by taking up appropriately with the Government of India.

 
 

Yours faithfully

 /S.NAGARAJAN/

GENERAL SECRETARY


 

Circular Letter No.2:VI:2014

May 5, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Comrades,

 

PROMOTION PROCESS

REDUCTION OF “APAR’ MARKS

 

Government of India, vide its communication dated 14.03.2012 issued guidelines on Promotions covering various provisions focussing mainly on eligibility years of service for participation in the promotion process and also Annual Performance Appraisal Report [APAR] marks [ie] 75 marks for the preceding 5 years.  Subsequently, it was reduced to 60% marks for APAR wherever the written test is conducted by IBPS for both the channels of promotions.

 

2.         Our organisation has taken up with Government of India on receipt of the first communication itself to provide relief on  APAR marks.  Our affiliate in Union Bank of India, led by Com.D.S.Ganesan, Joint Secretary, AIBOA took up the case for judicial intervention in the High Court of Madras.  Union Bank management has also understood the situation and took all positive steps to break the deadlock by initiating a dialogue with our affiliate at Mumbai, in which our organisation was duly represented.  Appropriate relief to all officers working in Union Bank of India was achieved by our affiliate in that Bank.  Some more improvement were also brought in the “APAR Mark” system in the Bank.

 

3.         Once again, our affiliate  Corporation Bank Officers’ Association, [CBOA] in Corporation Bank challenged the system of “APAR” in the High Court of Madras.  Sensing the need to correct the situation, the promotions were declared by the management of Corporation Bank.  Couple of days back, it has been declared by Corporation Bank that “APAR” marks for both the channels is reduced to 40% marks for general category and 35% marks for SC/ST category from 75% marks / 60% marks.

 

4.         Canara Bank Officers’ Union [CBOU] had also challenged the Government guidelines in the High Court of Madras in demanding the officers recruited / promoted in the same date, in a batch are to be made eligible to participate in the promotional exercise.  The case is yet to be disposed off but the point of objection was sufficiently well addressed by the Bank management.

 

5.         While welcoming the initiatives of Government of India, we have taken up with them to issue the guidelines pertaining to “APAR” marks as in the case of Corporation Bank and also appropriately address the issue of obtaining 5 years Performance Appraisal Reports when the individual officer is eligible to participate in the promotion process on completion of two years only with the required relaxation of years service.  The said communication is enclosed herewith.

 

6.         All our affiliates are advised to take up the issue of “APAR marks” with the respective managements of the Bank under intimation to our Central Office.

 

With greetings,

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY

 

Encl: as above


 

AIBOA LETTER NO. MIN:RBI:57:2014 DATED 07.05.2014

 

 

 

The Secretary

Department of Financial Services

Government of India

NEW DELHI

 

 

Sir,

 

REG:  GUIDELINES ON PROMOTIONS IN PUBLIC SECTOR BANKS

            REDUCTION IN “APAR” MARKS

            UNIFORM APPLICATION TO ALL BANKS

 

REF:   1. Your communication dated 14.03.2012

            2. Your communication dated 04.04.2013

 

The guidelines for promotions in Public Sector Banks was issued on 14.03.2012, wherein various provisions were dealt with, notable amongst them are

 

[a]        Channel of promotion and minimum experience requirement at various levels

[b]        Minimum 75% marks to be secured in Performance appraisal for fast track/merit channel

 

2.         Subsequently, vide the second communication referred herein above, the minimum requirement of “APAR marks” relaxation, with approval of the Bank Boards, to an average of 75% marks of APAR with a minimum of 60% in each preceding five years.

 

3.         The above guidelines are applicable to all Public Sector Banks without any exception or deviation.  We have been given to understand that Corporation Bank having its headquarters in Mangalore, has taken up with your department the subject matter of APAR marks and the Ministry has reported to have relaxed the eligible marks under APAR to 40% / 35% to general category /SC/ST category respectively.

 

4.         Accordingly the Board of the Bank has reduced the Annual Performance Appraisal Report marks to 40% marks for the General category and 35% marks to for SC/ST category and issued the circular for initiating the promotion from Scale III to IV, Scale IV to V, Scale V to VI and Scale VI to VII, by relaxing the eligibility years of service.

 

5.         There are certain contradictions in implementing the above guidelines.  They are:

 

[a]        When the eligibility years for participation in the promotion process is reduced to 2 years or less than 5 years, obtaining 5 years APAR marks is incorrect and non-implementable one.

 

[b]        Relaxation in APAR marks from 75% to 40% / 35% should be made applicable to all banks and to all channels.

 

5.         As the Banks are getting into the “promotion mode” subsequent to the finalisation of yearly accounts, we request you to issue appropriate instructions to all Banks immediately.

 

Please expedite the instructions so as to enable the eligible officers with the revised/reduced marks of “APAR” from the present stipulation of 75% or 60%  / 40% / 35% to participate in the process.

 

 

Yours faithfully,

 

/S.NAGARAJAN/

GENERAL SECRETARY

 

 cc to:

 

The Chairman, Indian Banks’ Association, Mumbai

All Chairman and Managing Director, Public Sector Banks


 

MIN:RBI:42:2014

April 3. 2014

  

 

Hon’ble President of India

Government of India

NEW DELHI

 

 

Respected Sir,

 

 

REG:   ALARMING INCREASE OF BAD LOANS IN THE BANKING SYSTEM-

            REMEDIAL ACTION TO BE INITIATED.

 

On behalf of the citizen of our Nation and also as a conscious Trade Union of Officers, believing and practicing the avowed principles of “Nation First” “Institution second” and “individual Third” approaching you, as your are the First Citizen of our sovereign Nation and also majority stake holder in the Public Sector Banks, deem fit to place the facts before you for serious consideration.  The details are as under:

 

1.    1. Salient Features related to Banking system – Deposits + Advances

 

[a] Aggregate Deposits                       Rs. 75,49,04,000 crores

[b] Aggregate Advances                      Rs.57,89,92,000 crores

[c] Investments                                       Rs.22,32,24,000 crores

 

2.    2. Increasing bad loans –Gross NPA

*                                                                                                                                                            Rs.  in crores

S No.

Bank

March 2012

March 2013

1

Allahabd Bank

2058

5137

2

Andhra Bank

1798

3714

3

Bank of India

5894

8765

4

Bank of Baroda

4465

7982

5

Bank of Maharashtra

1297

1138

6

Canara Bank

4032

6260

7

Central Bank of India

7273

8456

8

Corporation Bank

1274

2048

9

Dena Bank

956

1452

10

Indian Bank

1850

3565

11

Indian Overseas Bank

3920

6607

12

Oriental Bank of Commerce

3580

4183

13

Punjab National Bank

8719

13465

14

Punjab & Sind Bank

763

1536

15

Syndicate Bank

3183

2978

16

UCO Bank

4086

7130

17

Union Bank of India

5450

6314

18

United Bank of India

2176

2964

19

Vijaya Bank

1718

1532

 

Nationalised Bank

64496

95233

 

20

State Bank of India

39676

51189

21

SBBJ

1651

2120

22

SBH

2007

3186

23

SBM

1503

2081

24

SBP

1888

2453

25

SBT

1489

1750

26

IDBI Bank

4551

6450

 

 

1,17,262

1,64,461

 

 

3.    3. First Four Bad Loan Borrowers in Public Sector Banks

                                                                                                              Quantumwise Rs.in crores

 

2009-10

2010-11

2011-12

2012-13

Gross NPA

59927

74664

117262

164461

In top 4 bad loans a/cs

8418

16957

17029

22666

 

 

4.    Top NPA Accounts of Banks.

 

                                                                                                                                          Rs.   in crores

Banks

Gross NPA

Amt.

Top 30 A/cs _% Gross

Nationalised Banks

1,11,209

 

 

 

 

48406

43.50

SBI Group

71,620

15266

21.30

Public Sector Banks

1,82,829

63,672

34.83

 

 

5.    5. Gross NPAs of above Rs.1 crore Number Accounts/Amount:

                                                                                                                                                        Rs.  in crores

Bank

March 2010

March 2011

March 2012

 

A/cs

Amt.

A/c

Amt.

A/c

Amt

SBI

1262

8533

1527

11406

2419

23320

PNB

188

826

133

1803

709

5295

IDBI Bank

234

1598

371

2125

579

3682

Bank of India

350

2809

236

2522

507

4268

All other 23 PSBs

2065

12843

2322

16777

3081

31697

 

4099

26629

4589

34633

7295

68262

 

 

6.    6. Profit earned and appropriated

*                                                                                                                                                  Rs.In crores

Year

Operating Profit

Net Profit

31.03.2007

42406

20310

31.03.2008

49819

26591

31.03.2009

66604

34372

31.03.2010

76905

39257

31.03.2011

100065

44900

31.03.2012

112289

47483

 

 

 

 

7.    7 Bad loans written off by the Banking system

*                                                                                                                                                          Rs. in crores

Year

PSBs

Old PVT Banks

New Pvt.Banks

Foreign Banks

Total

2007

9189

610

1232

690

11621

2008

8019

724

1577

1334

11654

2009

6966

616

5063

3350

15995

2010

11185

884

6712

6238

25019

2011

17794

682

2336

3083

23895

2012

15551

671

3024

1646

20892

2013

27013

863

3487

855

32218

 

95717

5050

23431

17096

141294

 

 

From the above it goes to establish that the hard earned savings of the peoples of our Nation is utilised to write off the bad loans in the Banks.

 

The following actions, considering the requirements of the various agencies, may please urgently be initiated to save the Public Sector Banking and also restore its health.

 

[a]        An external authority / committee with members of proven integrity and high moral standing should be entrusted with the responsibility of auditing the accounts of Public Sector Banks as at the close of 31.03.2014 within a fixed time schedule and the reports are to be submitted to you.

 

[b]        Right from 1993, the Chairmen who are responsible to conduct the affairs should be made accountable for their dereliction of duties due to which the present situation has arisen.

 

            As per the practice in vogue, large loan proposals are considered by the committee consisting of General Manager’s of the Bank.  Hence, even the proposals processed by the GM’s committee often turned as a bad loans.  It is relevant to quote, the RBI’s observations on committee method of sanctioning loans should be done away with, as this did not hold any single individual accountable.  The committee members should also be held accountable.

 

[c]        Together with Chairman, the Government representative and the RBI representative, who are expected to take care of the affairs of the Public Sector Banks should also be made accountable for their failure to check the deviations during their tenure as the member of the Board.

 

[d]        Urgent steps are to be initiated to declare the defaulters who have sufficient resources to clear the dues of the Bank and still not cleared the loan as wilful defaulters under criminal procedure code.  Criminal procedure code/Indian Penal code should be suitably amended to define the “wilful defaulters” of the Bank loan including the diversion of Banks funds utilised for the purpose “other than the one” for which it was availed.  It should be treated as “criminal act” with consequent punishment.

 

            In case of the Limited companies / corporates, full time or part time directors are also to be prohibited to contest the elections in the event of the said Limited company have failed to clear the loan availed from the Public Sector Banks.

 

            CEO/promotee Director of the defaulting company should not be a Director in any other company.  To give effect the company law should be suitably amended.

 

[e]        The bank defaulters should be prohibited to contest the elections at all levels and appropriate amendments in the “People’s representation Act 1951” should also be made prohibiting them to participate in the election process.

 

[f]         Any individual holding the position in the Government and he has not paid the bank dues, they should be directed to relinquish the office immediately and simultaneously clear the loans too.

 

            Officers, who are holding the office of profit should declare their availment of loan in their yearly statement, failing which, the same should be treated as  a  misconduct under the specified rules of the Government.

 

            Banks shall have the first charge on the immovable property viz. land and building over the other agencies. Then Professionals who are involved in the loan processing [ie] C.A., Lawyers and Certified Valuers are also appropriately to be dealt with.

 

            Indian Banks’ Association should meticulously publish the caution list bi-monthly for the benefit of member Banks.

 

[g]        If an individual in any capacity is a loan defaulter, then he should be disentitled to draw any concession / subsidy of any nature, which is also applicable to senior citizens.

 

[i]         The entire Banking system should have the “Banking Audit Commission” on the lines of “CAG” to make the people responsible to conduct the affairs of the Banks and the report should be placed before the Parliament.

 

Our Banking system has weathered  away “2008 global meltdown” and Public Sector Banks are nation building instruments hence it is to be promoted, preserved and protected from the use, abuse and misuse by the people at the helm of affairs.

 

The list of bad loan borrowers of the Banking system is also sent herewith for your ready reference and doing the needful.

 

Please acknowledge receipt.

 

Yours faithfully,

  

/S.NAGARAJAN/

/GENERAL SECRETARY/

 


 

IBA:BKS:40:2014

March 29, 2014

 

/FAX CONFIRMATION/

 

The Chairman

Indian Banks Association

World Trade Centre

Cuffe Parade, 6th Floor

MUMBAI-400 005

 

 

Sir,

 

REG Special Tax collection drive by Government of India through Banks

            Rationalisation of the compensation

 

We have on our hand the RBI circular RBI/2013-14/535 dated 26.03.2014 addressed to all Chairman and Managing Director of all agency Banks to keep select branches open as a regular working day for transacting Government business at key locations based on the volume of transactions upto 08.00 pm on 29th to 31st March 2014, where 31st March 2014 has not been declared as a Public holiday.

 

2.         However, RBI, vide its circular DPSS[CHE]/1446/01.02.003/2013-14 dated 28th March 2014 addressed to Officer In-charge, Clearing operation of Banker’s clearing House at Chennai [BCHC] to conduct the special clearing at all clearing houses across the country on 29th to 31st March, 2014 which are as follows.

 

 

Presentation clearing

Return clearing

 

29.03.2014

20.00 to 21.00 hrs

22.30 to 23.00 hrs

 

 

Combined clearing of Normal and special clearing

21.00 to 22.00 hrs

 

30.03.2014

17.00 to 18.30 hrs

20.30 to 21.00 hrs

 

 

Combined clearing of normal and special clearing

19.30 hrs to 20.00 hrs

 

31.03.2014

20.00 to 21.00 hrs

22.30 and 23.00 hrs

 

 

Combined clearing of normal and special clearing

21.30 to 22.00 hrs

 

In effect, even in the select branches, officers are to remain till the fate of the return clearing is known [ie;] minimum upto midnight on 29.03.2014 and 31.03.2014 and on 30.03.3014 upto 22.00 hrs.

 

3.         We have demanded that officers working in the select branches are to be granted compensatory off coupled with monetary compensation which should not be less than the overtime wages payable to workmen employees.

 

4.         Bank of India, State Bank of India, Central Bank of India, Canara Bank and Vijaya Bank are considering compensatory off + compensation in various stages with a maximum of Rs.2500/- per day.

 

5.         As the officers are to work beyond 6-1/2 hrs on 29th, 30th and 31st March, 2014, they should be compensated for two days for each day of work in addition and Rs.2500/- as a compensation per day may please be considered.  The rationalisation of the facilities need to be addressed immediately and on priority basis.  Pending finalisation of rationalisation, we request you to communicate to all Banks to effect the package of compensatory off + Rs.2500/- per day compensation to officers.

 

Yours faithfully,

 

 /S.NAGARAJAN/

GENERAL SECRETARY


 

 

ALL INDIA BANK OFFICERS' CONFEDERATION (AIBOC)

ALL  INDIA  BANK  OFFICERS'  ASSOCIATION (AIBOA)

INDIAN NATIONAL BANK OFFICERS' CONGRESS (INBOC)

NATIONAL ORGANISATION OF BANK OFFICERS (NOBO)

 

                                                                                                                                                                                                                                        28th March,2014.

The Chairman,

Indian Banks Association,

MUMBAI.

 

Sir,

 

       REG: SPECIAL TAX COLLECTION DRIVE BY GOVERNMENT OF INDIATHROUGH BANKS.

       REF:      1.Our Letters dated 24th and 26th March, 2014.

                     2.Your circular PS & BT/GOVT.9096 dated 26/03/2014

                     3.RBI Letter RBI/2013-14/535 DGBA GAD No. H-5430/42.01.029/2013-14 dated 26.03.2014

 

We request reference to our captioned letters on keeping the Bank branches open on weekly offs and Holidays declared under N.I. Act. We reiterate our resentment particularly with reference to the corporate/taxpayers, who failed to draw an action plan to make timely payment, cost effectiveness of such an yearly exercise, third time in a row, making the officers to work for continuously for eight days.

 

     Though IBA, RBI and Government have addressed our concerns to limited extent and we with the National Interest in mind have refrained from taking any organisational action, but our strong protest continues.  Our inclination, to extend cooperation for tax collection on these three days, in a measure to mop up the Tax revenue to the National Exchequer may please be considered as an exception to the regular expectation from the Government and also from the IBA.

 

         While we are confident that the individual Bank Managements will initiate steps to adhere to the directions of RBI to call minimum staff and to keep only the select branches open to undertake Government transactions upto 8 p.m. only, taking sufficient care to handle the electronic transactions avoiding the future problems, arising out of the directions to the Banks to keep that section to function upto midnight of March 31, 2014.

 

         Since the officers in these identified branches will have to work for extended working hours and on holidays, they should be paid monetary compensation not lesser than the overtime payable to eligible workmen staff, in addition to the compensatory off.

 

Yours Faithfully,

 

   (HARVINDER SINGH)                           (S.NAGARAJAN)                          (K.K.NAIR)                                  Dr.S.U.DESHPANDE

  GENERAL SECRETARY                 GENERAL SECRETARY         GENERAL SECRETARY                  GENERAL SECRETARY

            (AIBOC)                                              (AIBOA)                                  (INBOC)                                              (NOBO) 

 


 

ALL INDIA BANK OFFICERS' CONFEDERATION (AIBOC)

ALL  INDIA  BANK  OFFICERS'  ASSOCIATION (AIBOA)

INDIAN NATIONAL BANK OFFICERS' CONGRESS (INBOC)

NATIONAL ORGANISATION OF BANK OFFICERS (NOBO)

                                                                                                                                                                                                                                     26th March,2014.

The Chairman,

Indian Banks Association,

MUMBAI.

 

Sir,

 

       REG: SPECIAL TAX COLLECTION DRIVE BY GOVERNMENT OF INDIATHROUGH BANKS.

 

Kindly refer to our earlier communication dated 24th March, 2014 with regard to opening of Bank branches on Saturday the 29th, March, Sunday the 30th of March and again on Monday the 31st of March, 2014, a declared holiday under NI Act. on account of Ugadi/New Year day celebrations in many states.

 

While adopting the “No Work No Pay” principle on the strike days, including the recent TWO  days strike on 10th and 11th February, 2014, demanding a meaningful wage revision for the Bank Officers and wage parity with similarly placed Officers elsewhere, profitability was shown as a major reason for not meeting our demands as per our charter, submitted.

 

We have informed you in detail, the enormous expenses/losses, the Banks are making in keeping the branches and Offices open for relatively a small number of tax payers by extending the deadlines every year. It has also become a practice to ‘reward’/facilitate procrastinators vis-à-vis the disciplined law abiding tax payers, at an enormous outflow from the exchequer, adopting an unfair labour practice of compelling the Bank employees to  over work, when they are already overburdened with the year end work, leading to exploitation of labour in the commercial Banks.

 

Under the circumstances and in absence of any favourable response from your end, all Officers’ Organisations will be compelled to resort to any trade union steps including boycott in protest, which please note.

 

Yours Faithfully,

 

 

  (HARVINDER SINGH)                           (S.NAGARAJAN)                          (K.K.NAIR)                                  Dr.S.U.DESHPANDE

  GENERAL SECRETARY                 GENERAL SECRETARY         GENERAL SECRETARY                  GENERAL SECRETARY

            (AIBOC)                                              (AIBOA)                                  (INBOC)                                              (NOBO) 

                                                                                        

Copy to: Sh. M.V. Tanksale,   Chief Executive Officer, IBA


 

ALL INDIA BANK OFFICERS' CONFEDERATION  (AIBOC)

ALL  INDIA  BANK  OFFICERS'  ASSOCIATION   (AIBOA)

INDIAN NATIONAL BANK OFFICERS' CONGRESS (INBOC)

NATIONAL ORGANISATION OF BANK OFFICERS (NOBO)

 

                                                                                                                                                                                    24th March,2014.

The Chairman,

Indian Banks Association,

MUMBAI.

 

 /FAX CONFIRMATION/

Sir,

 

REG:              SPECIAL TAX COLLECTION DRIVE BY GOVERNMENT OF INDIA THROUGH BANKS.

 

We have the confirmed information that the Government of India has initiated the expeditious steps to collect the tax revenues from the tax payers by providing special opportunity to pay the tax dues through Banks on 29th, 30th and 31st March 2014,being the holidays declared by the State Governments in consultation with the respective Regional Offices of Reserve Bank of India under NI Act.

 

1.         The taxpayers are aware of the payment of taxes on 15th September,2013 as well as at the end of March 2014.    They are expected to plan the calendar and schedule of payment well in advance. Having failed in their duties,    the Government of India is extending undue accommodation by inflicting tremendous pressure on Bank Employees by making them to work on three declared holidays.

 

2.         The commission paid by the government per tax transaction is meagre and it is certainly not sufficient to meet out  the  establishment cost of running the branches for few tax payers.  The Government of India is linking the profitability of the banking system, while deciding wage revision for the entire workforce handling this assignment by the public sector bank is directly reflecting in the  earnings of the banks. The individual bank management may please be advised to provide the number of challans collected by them and also the revenue     earned  on account of this collection to prove our point.

 

3        In the States of Maharashtra, Karnataka, Tamilnadu and Andhra Pradesh, the New Year falls on 31.03.2014.  Making the workforce to work on the holidays of religious importance shall adversely affect the morale of the officer coupled with embarrassment in the family circle.

 

4.         Further there are alternative channels available to the Tax payers, which they should exercise to effect the payment of taxes.

 

5.         The workforce, if made to work on three holidays, it would amount to nine continuous working days against the settled principle of five and half days per week with forty-two and half hours of working hours. This is against the principle settled long ago .

 

6.         In view of the above cogent reasons, we are confident that IBA will take appropriate steps to communicate to the concerned authorities in the Government of India, lest, officers’ organisations shall suitably advise the officers in this connection.

 

 

Yours Faithfully,

  

                                                                                       

   (HARVINDER SINGH)                           (S.NAGARAJAN)                          (K.K.NAIR)                                  Dr.S.U.DESHPANDE

  GENERAL SECRETARY                 GENERAL SECRETARY         GENERAL SECRETARY                  GENERAL SECRETARY

            (AIBOC)                                              (AIBOA)                                  (INBOC)                                              (NOBO) 


    

Circular No.7:VI:2014

March 17, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Dear comrades,

 

WAGE REVISION – 10TH ROUND

DISCUSSION ON NON-MONETARY ISSUES

 

The 10th round of wage revision discussion with IBA core committee was held at Mumbai on 14th March, 2014 at 14.30 hrs.  As usual, all the eleven unions have participated in this round also.

 

2.         IBA committee was headed by Shri  R.K.Dubey, CMD, Canara Bank, Shri Rajiv Rishi, CMD, CBI, Shri Rakesh Sethi, CMD, Allahabad Bank, Shri Shailesh Verma, GM, SBI, Smt.Sushmalbali, GM, PNB, Shri Raj Kiran Rai, GM, CBI, Shri M.V.Tanksale, CEO, IBA, Shri K.Unnikrishnan, Dy.CEO, IBA, besides the HR officials from IBA.

 

3.         Since this round of their discussion is held after 5th March meet with Government authorities, the representatives of the IBA more or  less concurred with the press information appeared in the “Economic Times”.  The initial opening remarks of the IBA team on percentage of wage rise were only 10% of payslip components.

 

4.         As this meeting was specifically meant for discussion on non-monetary issues which were taken up for discussion in the previous round coupled with some issues listed in the joint Charter of Demands.  The issues are:

 

[a]        5 DAYS WEEK: It was informed that this issue was taken up with Govt. of India earlier, who have refused to see reasons solely because of financial inclusion.  However, the issue was effectively placed, based on the total transformation from brick and mortar banking to digitalisation era coupled with other similarly placed Institutions working for 5 days made the IBA to concede our request for re-presenting the same to higher authorities for necessary action.

 

[b]        REGULATED WORKING HOURS: On our presentation based on the Goipuria Committee report on customer committee, IBA representatives, while appreciating our concern, suggested to the team to present the same by way of a note specifically containing the alternatives to provide the comfort zone to officers in the Banking system.

 

[c]        PENSION RELATED ISSUES:

 

[i] Family Pension [ii] 100% DA to all retirees prior to 01.05.2005 [iii] Updation of pension

                       

IBA was also sharing our concern in the matter of issues of the Pensioners, however, agreed to address the first two issues as a priority one followed by the third as all the three items carry a cost.

 

5.         Housing to new Recruitees: In view of the large scale recruitment in clerical cadre, housing accommodation has become a serious problem because of high rental.  It was insisted in the discussion to favourably consider the demand.

 

6          Hospitalisation Expenses enhancement: It was reiterated again in this round that upward revision in the Hospitalisation enhancement should be favourably considered by IBA.

 

In response, IBA, has urged the representatives to reconsider the stand on the proposal of hospitalisation linked to Mediclaim Insurance Scheme.  Further all relevant clarification required will be certainly addressed by IBA.

 

7.         Compassionate Ground Appointments:  UFBU, vide its letter dated 30.10.2012, has requested IBA to recommend to Govt. of India for the compassionate ground appointments only.  This issue is hanging on fire right from 31.07.2004 in all the Banks.  There was also a commitment before the CLC in the month of January 2008 to consider the issue favourably along with the last wage revision exercise itself.

 

After our reiteration  of the demand of appointment only, IBA assured to take up the matter with Govt. of India for favourable consideration.

 

8.         Review of provision of Discipline and Appeal Regulation for officers:  It was agreed by IBA to go into details related [D&A] Regulations for officers, in a small committee meeting.  The dates will be finalised shortly for the same.

 

9.         Issues concerning Lady officers: Placement and postings of female officers, crèche facility and leave facilities were also taken up for discussion.  There is no finality arrived at.  However it will be taken up further for discussion with IBA with some more required and relevant inputs.

 

10.       Extension of NER allowance to officers belonging to the seven states: It has been brought to the notice of IBA, that RBI,  based on Govt. guidelines,  have extended the NER facilities to officers belonging to the States who are promoted and retained in NER itself.

 

IBA has agreed to examine the issue.

 

To conclude, this is the first time that the issues of non-monetary in nature have been taken up for discussion simultaneously with the financial issues.

 

The next round of discussion is expected to be held in the second week of April 2014, when the Nation will be in “Election mode”.

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY


 

Circular No.6/VI/2014

March 4, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Dear comrades,

 

WAGE REVISION 9TH ROUND

STUCK AT MID WAY

 

The talks scheduled to be held on 13th February 2014, after our 48 hours strike, was to be postponed due to the preoccupation of the Chairman Negotiating Committee, IBA  with the external authorities outside the country.  Hence the 9th round of wage talks, was held at Mumbai, with all the eleven unions, as usual yesterday.

 

2.         The IBA team was headed by Shri T.M.Bhasin, Chairman, Negotiating Team, Shri Rajiv Rishi, CMD, CBI, Shri R.K.Dubey, CMD, Canara Bank, Dr.J.N.MIshra, DMD, SBI, Shri Shyam Srinivasan, CEO, Federal Bank, Shri Rakesh Sethi, ED, PNB, Shri M.V.Tanksale, CEO, IBA and Shri K.Unnikrishnan, Dy. CEO besides IR department officials of IBA.

 

3.         It was bolt from the blue IBA stuck to 10% wage increase on payslip components by reasoning alarming increase of bad loans in the Bank, huge provisioning for  pension as per the AS15 besides other external compulsions though it is not mandatory.  The 48 hours strike in February 2014 clearly demonstrated the seething anger of the workforce who are denied to have the share in the Gross profit cake ie; a minimum of 10% on the gross profit for the year ended 31.03.2012.

 

4.         The offer of the IBA was rejected by all the representatives of the Unions in one voice.  The other issues prioritised by UFBU in the morning meeting, were effectively placed to IBA team viz.,[i] 5 days Banking [ii] Regulated Working hours for officers [iii] improvement in Pension related issues [a] updation of pension [b] 100% DA Neutralisation and [c] Family Pension [iv] 100 reimbursement of hospitalisation expenses [self, spouse and dependents].

 

5.         The IBA proposal of 10% [ie] in quantum wise, payslip component of Rs.3150 crores together with Rs.260 croes for allowances etc., resulting in an overall cost of Rs.6740 crores with a condition tagged in the matter of loading of 2% for construction of pay scales.  The new emerging external environment in the matter of release of 10% to Central Govt., Employees and retired employee [to benefit 50 lacs + 30 lacs] coupled with merging 50% DA with basic pay as one of terms of the reference  in the 7th Pay Commission having a financial impact of over Rs.11000  crores, besides an agreement recently arrived in the steel sector exclusively for [BP + DA] increase and an interim relief of 27% considered by A.P.Govt.

 

6.         Tomorrow, the Chiefs of the PSBanks are scheduled to have a meeting with Hon’ble Finance Minister and also Secretary, DFS.  As per the reliable information one of the items listed for discussion is wage revision in the Banking Industry.  IBA has informed that they will revert back after the meetings to inform the position to unions

 

7.         AIBOA, as already expressed in clear terms, in retaliation to the FM statement on 11.02.2014, that we need reasonable respectable wage increase considering the four factors-risk, responsibility, accountability and transferability and also wage differentials earlier arrived at on account of Pay Commission from PCR period 1974.

 

8.         Every item is linked to a cost.  In the absence of the quantification of the cost on the issues raised in this round, IBA sought time to respond to our basic demands.

 

If we put it, the talks are stuck at midway, it is not an exaggeration.

 

Await  developments.

 

Yours comradely,

 

 /S.NAGARAJAN/

GENERAL SECRETARY


TALKS HELD TODAY 03.03.2014

 UFBU raised others issues like

                                              

                                                5 day Banking

                                                Regulated Working hours 

                                  Improvements in pension related issues including switch over from NPS to Old pension scheme 

                                                             Housing & Hospitalisation and also

                                                             Demanded  adequate wage increase

 IBA assured that

                                                              these matters will be discussed with Finance Ministry on 5th instant

                                                              And thereafter hold negotiations within 10 days – Circular follows-


 

Circular No.5/VI/2014

February 11, 2014

 

To:

ALL UNITS / STATE COMMITTEES

 

Dear comrades,

Congrats !  Bankmen!!

You have made it

The strike of 48 hours,  a resounding success

 

In the background of the 8th round of wage talks inching from 9.5% to 10% against the UFBU expectation of substantial increase necessitated to reply their rigid action on 27th JANUARY 2014 on the negotiation table, by serving 48 hours strike notice.

 

Reports are flowing uninterruptedly from the all over the country about the successful observance of strike call, as the entire workforce have felt the insult inflicted by IBA, who have failed to live upto the expressions made by IBA Chairman in the first round of discussions held on 22.02.2013 that the settlement would be concluded on 14th August 2013 with the reasonable, respectable and comparable wage revision compared with external factors.

 

Having earned a gross profit of Rs.1,12,290 crores [2011-12], the offer of IBA is too meagre as against the UFBU’s minimum demand of 30% on payslip components, submitted with sufficient details to IBA.  In the CLC[C] discussions at Delhi on 6th February 2014 too, the approach of IBA was too rigid.

 

Adding fuel to fire, the statement of Hon’ble Finance Minister in the meeting at Delhi yesterday, painted a picture that the entire profit earned are to be set apart for the wage increase for the Bankmen.  The expressions of the FM is really unfortunate and a provocative one.

 

If the Government and Banker set apart of 10% of the gross profit earned as at 31.03.2012, towards payslip components that step will be appreciated.  If the four defaulters of the country [ie] Kingfisher Airline Rs.2673 crores, Winsome Diamond and Jewellery Co., Ltd., Rs.2660 crores, Electrotherm India Ltd., Rs.2211 crores and Zoom Developers P Ltd., Rs.1810 crores amounting Rs.9354  crores would also suffice the minimum demand of the entire Banking workforce.

 

As per the practice, UFBU is to take call on the developments in toto and expected to chalk out the further agitational programmes of higher form.

 

Bankmen! You have done it !!

AIBOA shall live upto the expectation along with other Unions

In the Banking Industry.

 

With warmest greetings of the struggle.

 

Yours comradely,

 

 /S.NAGARAJAN/

GENERAL SECRETARY


Circular No.4/VI/2014

January 31, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

Comrades,

 

COM.NARENDRA KOTIAWALA, JOINT GENERAL SECRETARY

ALL INDIA ORIENTAL BANK OFFICERS’ ASSOCIATION

APPOINTED AS OFFICER DIRECTOR

ON THE BOARD OF ORIENTAL BANK OF COMMERCE.

 

Government of India vide its notification F.No.6/5/2013-BO-I dated 30.01.2014 have appointed Com.Narendra Jivaraj Kotiawala, Joint General Secretary of AIOBOA as officer Director in the Board of “OBC” with effect from 30.01.2014 as AIBOA nominee for a period of three years.

 

All India Oriental Bank Officers’ Association represents 100% officers in the Bank led by our National President Com.S.S.Shishodia as General Secretary too.

 

Com.Narendra succeeds Com.S.S.Shishodia who was the representative of officers in the Bank’s Board for a period of 3 years upto third week of July 2013.

 

Com.Narendra is the General Secretary of Maharashtra State Committee of AIBOA and also Joint Secretary of AIBOA.  At present, he is the Faculty Member of the OBC Training College at Mumbai.  Good at academic besides a fine social worker too, he leads the Western Region unit of AIOBOA.

 

AIBOA congratulates AIOBOA for its contribution successively to the officer’s community in OBC coupled with holding the banner of AIBOA in the Industry.

 

Red Salutes to AIOBOA and its leadership.

 

Com.Narendra shall continue to perform the assigned tasks in his style within the Board of Bank and also to secure the best benefits to officer’s workforce of OBC during his tenure, of course besides the prime job of contributing his best in the decision making of the highest policy making today of the Bank on the rich traditions of AIBOA and come out with flying colours.

 

We wish him all the best in the new assignment.

 

Congrats Com.Narendra.

 

Yours comradely,

 

/S.NAGARAJAN/

GENERAL SECRETARY


 

Circular No.3/VI/2014

January 27, 2014                                                                                                                              

  CAMP: MUMBAI

TO :

ALL UNITS / STATE COMMITTEES

 

Dear Comrades

 

-                      8th Round talks – Result

-                      48 hours strike  Revived

-          10th Feb  2014 6 am to 12th Feb 2014 6 am.

 

In order to comply with the recorded minutes before CLC (C) on 13th Jan 2014, the 8th  round of wage revision talks was held at Mumbai today.  IBA team was captaioned by Shri T M Bhasin ,Chairman Negotiating Committee accompanied by Shri SL Bansal CMD OBC, Shri R K Dubey CMD Canara Bank, Shri Rajiv Rishi, CMD CBI, Dr J N Mishra DMD SBI, Shri Rakesh Sethi, ED PNB, Shri MV Tanksale, CEO IBA, Shri K Unnikrishnan Dy CEO, IBA besides HR department Officials of IBA.  All the eleven Unions participated in this round.

 

2. Preceding the meeting, UFBU held its meeting at SBI Central Office to discuss the plan of action to achieve the goal set.  AIBOA was represented by Com Alok Khare Vice Chairman, Com S S Shishodia President, Com Narendra Kotiawala, Jt Secretary and the undersigned in the meeting.  We have reiterated that the issues raised by the management should be rejected as they affect the basic service conditions of the entire workforce directly or indirectly.  Further it was also placed that “Regulated working hours for Officers, 5 days a week and Compassionate ground appointment” should not lose sight of.

 

3. IBA , while initiating the dialogue, reminded the participating unions to respond to the issues listed earlier ie i) C2C, ii) Hospitalisation linked to Insurance, iii) Negotiations upto Scale III Officers, as they have already  offered from 5% to 9.5% though they were not having the clearance  from the owners.  It was categorically made clear to IBA that the issues raised by them have been already replied in earlier rounds and reiterated that the proposals are totally unacceptable to UFBU.

 

4. After a prolonged exchanges, as the paying capacity is restricted on account of growing NPA in the Balance Sheet coupled with provisioning of pension liability, IBA expressed that they have to  stick to the offer of 10% a meager increase, against the demand of 30% increase in the pay slip component.

 

5. The net result of the entire exercise is to revive the 48 hours strike deferred earlier, from 6 am on 10th February 2014 to 6 am of 12th February 2014.

 

MARCH ON TO 48 HOURS STRIKE!

MAKE ALL OUT EFFORTS TO ACHIEVE THE TOTAL SUCCESS OF THE AGITATION !!

 


 

Yours Comradely

  

S NAGARAJAN

GENERAL SECRETARY


Circular No.2:VI:2014

January 17, 2014

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Comrades,

 

Ø                  Wage Revision talks – 7th round- Developments

Ø        48 hours strike deferred

 

In the background of the conciliation proceedings held at the office of CLC[C] on 13th January 2014, the 7th round of talks was held at IBA office, Mumbai today.  IBA was represented by Shri T.M.Bhasin, Chairman, Negotiating Committee, IBA, Shri S.L.Bansal, CMD, OBC, Shri Rajiv Rishi, CMD, CBI, Dr.J.N.Mishra, DMD, SBI, Shri Rakesh Sethi, ED, PNB, Shri M.V.Tanksale, CEO, IBA, Shri K.Unnikrishnan, Dy.CEO besides the officials of HR department, IBA.

 

2.         The representatives of constituent unions met prior to IBA meeting for deciding the collective course of actions to move forward in the negotiations of wages and other issues listed in the Charter of Demands.

 

3.         As this meeting was the first one in 2014, pleasantries were exchanged.  Chairman, Negotiating Committee IBA initiated the dialogue by chronologically listing out the progress made in the earlier six rounds of discussions.  Taking forward the discussion, CEO, IBA reminded the constituent unions to respond to the three issues viz., [i] C2C [ii] negotiations for officer upto Scale III and [iii] Hospitalisation to be linked Health Insurance package.  While IBA is positive to move the matter further, sought to know the UFBU’s approach on the proposed strike on 20th/21st January 2014, saying that the owners are unhappy of declaring strike in the Industry.

 

4.         The Union’s representatives made it clear that unless there is substantial improvement in the offer already made, it would be difficult to take a call on the strike declared.  After repeated reiteration from our end, the IBA made an offer of “9.5%” increase on payslip components amounting to around Rs.3000 crores with an assurance to improve further.  The next date for discussion has been fixed to be held at Mumbai on 27.01.2014.

 

In view of the forward movement in the talks, it was decided to defer the “48 hours strike” on 20th & 21st January 2014.

 

Yours comradely,

 

 /S.NAGARAJAN/

GENERAL SECRETARY


Circular No.1/VI/2014

January 2, 2014

 

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Comrades,

 

 YEAR  2014

OUR  HOPES  LIES,  DESPITE  UNCERTAINITY

 

The calendar events of 2013 unfolded the highs and lows of the political system in the world.  Election of Mr.Barrack Obama, second time to lead USA tagged with stiff resistance by the Democrats not allowing the senate to clear the “Health care law” thereby pushing the USA Government to pack off the workers for an unpaid holiday of 17 days working in all Government establishments of essential in nature.

 

In the last month of the yester year, the world lost one of the elderly statesmen, the leader of anti apartheid and National Liberation movement of South Africa Com.Nelson Mandela. He experimented the principle of non-violence, practiced by “Father of our Nation” Mr.Gandhi equally united the communists, democrats and anti-apartheid sections and tribes of South Africa.  He was successful in bringing peace between the two groups of people and also awarded the Noble Prize shared by him with Mr.F.De Clark.

 

Our nation suffered one of the worst hit natural furies in Uttarakhand and devasting storm “Phailin” in “Andhra” and “Odisha”.  Likewise the attack of “typhoons” in Philippines.  In the global economy performance of external economises, have more of direct impact / influence in our National economy.  USA, the main contributor is attempting to cover up the “opportunity lost curve”.  The immediate impact on account of USA was on Europe, Japan and also in other nations.

 

In the economy of our Nation, GDP growth has declined from 10.5% [2010-11] to 3.37 in 2013.  Industrial growth which led to the growth in the past had collapsed.  The payment deficit was at $27 billion dollar 50% was adjusted through reserves, foreign investment inflows were not enough to bridge the minimum deficit.  Inflation in consumer prices at 10% causing concern to each and every individual citizen of our dear Nation.  The working people of the country organised by the “CTUs” resorted to two days strike call on 20th and 21st February 2013, bringing the nation’s functioning to a grinding halt.  The participation by the entire banking workforce in the “12 crore participation”  in the strike call, over shadowed the press coverage.  It was followed by the reiteration in the meeting held at Delhi on 6th August 2013, culminating in a “Parliament Morcha” by workers in which, our organisation also participated with our strengthen drawn from the various states.

 

The Industry in which, we are placed, the lifeline of the Nation, is saddled with larger amount of Bad loans.  The reasons are very many, but “wilful defaulters” numbering 50 contributed a huge sum of Rs.41,000/- crores.  Performance of the national economy is truly reflected in the performance of the banking system.

 

The Banking Industry also saw appointment of Ms.A.Bhattacharaya, the first Woman Chairman of the 200 year old State Bank of India which handles 1/4th of the total Banking business.  Further, 2013, a new Banking outfit exclusively to cater the need of women predominantly has been established on 19th November 2013 at Mumbai and the responsibility has been entrusted to Ms. Usha Ananthsubramanian with “125” workforce, all women.

 

The past elections are of any indication based on the performance of 5 State assemblies, certainly surprise are to be witnessed  coupled with middle class segment prefer to exercise the “right to elect” a clean and good candidate to participate in the democratic process.  But, will it provide a stable Government at the centre is to be seen?  The common man of this country really need a change where a transparent and accountable Government emerges from this crisis.

 

On the wage front, this year in the background of National elections scheduled to be in 5 phases would be realised or not is a million dollar question.  Certainly uncertainty looms large.  Attack on Bankers and its workforce is the order of the day.  Denial of basic right to organise the Banking workforce in a leading Bank is an eye opener.  Dividing the officers and attempting to rewrite the slogan of “divide and rule” inspite of the “PCR” implemented in Banking in two doses in July 1979 and October 1979, in our Industry needs to resisted, repulsed and rejected.  Looking to the large scale retirement in the Banking Industry, new norms of wage fixation is being proposed.  Having contributed a substantial quantum as gross profits as at 31.03.2012 and the meagre offer of Rs.1575 crores in the sixth round of talks by the IBA provoked an action of retaliation.  It has to be jacked up further.

 

In the year 2014, as Chinese Philosopher Confucius has said

 

 

“ When it’s obvious the Goals can not be reached

Don’t adjust the goals, adjust the action”

 

 With NEW YEAR GREETINGS,

 

Yours comradely,

 

 /S.NAGARAJAN/

GENERAL SECRETARY

 


 

Circular 20/VI/2013

December  24,  2013

 

 

Dear comrades,

 

v        SECOND  PHASE  OF  AGITATIONAL  PROGRAMMES

v        48 HOURS  STRIKE  –  20TH AND 21ST JANUARY  2014

 

As decided in the earlier meetings held at Chennai and Mumbai to review exercise of the successful implementations of decision to observe the strike on 18.12.2013 was undertaken in the meeting held at Hyderabad on 23.12.2013 under the Chairmanship of Com.K.K.Nair, Chairman, UFBU.  AIBOA was represented by Com.V.Anilkumar, Secretary and General Secretary, A.P.State Committee along with Com.Giri Srinivas, Secretary, A.P.State Committee.

 

The meeting expressed its condolence over the sad demise of Hon’ble Minister of Labour Sri Sis Ram Ola, who passed away recently.

 

The meeting recorded its appreciation for the wholehearted participation of entire workforce of the constituent unions in making the 18th strike a massive success.  Further, it also placed on record for the solidarity support extended by the “CTUs”, United Forum of Reserve Bank Officers and Employees and also from AIIEA.

 

In the event of IBA failing to improve the offer and also conclude the wage revision within a specified timeframe, after due deliberations, it was decided to observe the following action programmes.

 

JANUARY 2014

Month long preparatory meetings, rallies, protest demonstrations, postering, badge wearing etc.

 

ON OR BEFORE

10.01.2014

Submission of memorandum by all employees demanding wage revision addressed to – Prime Minister, Finance Minister and Chairman IBA

 

48 hours strike

06.00 am – 20.01.2014  to  06.00 am – 22.01.2014

 

FEBRUARY 2014

Signature campaign by all employees and also by the Public against Banking Sec tor reforms.

FEB 2014 / MARCH 2014

More strike actions including indefinite strike.

 

 

This situation has been forced upon us by the Bankers and the owners.  The reply to their response  should be through a sustained programmes of actions culminating in a “48 hours strike action from 06.00 am of 20.01.2014 to 06.00 am of 22.01.2014”.

 

Onward march to execute preparatory exercise for the 48 hours strike.

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY

It always seems impossible until it’s done

=Nelson Mandela=