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ALL INDIA BANK OFFICERS' ASSOCIATION

 

 

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=


Circular No.19/VI/2013

December 19, 2013

 

 

To:

ALL UNITS / STATE COMMITTEES

 

Comrades,

 

WORKERS MARCH TO PARLIAMENT

 

As decided by the “Workers Parliament” on 4th September 2011 at Delhi, two All India Strikes were held ie; one in February 2012 and another in February 2013 along with the “CTUs”, to draw the attention of the Central Government to consider the demands of the citizen of the country.

 

2.         On 18th February 2013, the CTU leaders were invited for a meeting by the Government to have interaction with group of Ministers.  “GOM”, as we normally experience in any negotiation, sought time to go into the demands and to respond the same, they sought time from CTUs.  The strike in February 2013, was a resounding success and role of the financial sector workers was stupendous in making the Govt., at the centre to experience the heat and the anger of a common man of this Nation.

 

3.         On 12th December 2013, the first and pioneering Trade Union of the country “All India Trade Union Congress” contact with the grass root level workers of all categories, was manifested with largest participation in the march, drawn from all over the country.  Members belonging to other Central Trade Unions were also participated in the long march from Ramlila Maidan to Jantar Mantar.  The leader of the working class appealed to the workers assembled to maintain the unity amongst toiling masses and also prepare for the further struggles.

 

4.         Financial Sector workers play a dominant role in the  growing economy.  In India, they are the wealth creators in true sense of terms.  RS.130 lac crores is the business handled by the Bankmen of this country.  Huge bad loans are the speed breakers in the system.  Wilful defaulters list is long, those who owe Rs. one crore and above to the Banking system.

 

5.         The first Banking Trade Union in the Country, AIBEA, was the first to publish the book on Bank defaulters of our Nation in the first decade of reform period.  Publishing the names of the defaulters, bringing them under the criminal law provisions etc., are the main demands.  AIBEA on 5th December 2013 published the list of top 50 defaulters who totally owe a sum of Rs.41000 crores.  It had also demanded to fix the responsibility on the top brass of the Banks as they are the functional and fountain heads of the financial body.  As Public Sector Banks are national building instruments, it should be preserved, protected and promoted.  In retaining the Public Sector character of Banks, the struggles are also participated by AIBOA men and women, continuously.  The long march on 11th December 2013 was fifth in the series, in fighting  the reform agenda of the present Government.

 

6.         On both days, organising the rally for participation was meticulously done and executed by Delhi State Committee headed by Com.S.S.Shishodia, President, AIBOA ably assisted by the other leading comrades of the State Committee.

 

Our Office Bearers Com.Alok Khare, Com.S.S.Shishoida, Com.Dr.Kumar Arvind,  Com.R.Venkatesh Babu, Com.S.N.Dutta, Com.V.P.Ponkshe, Com.T.R.Verma, Com.Sanjay Khan and Com.P.G.R.Banninthaya had attended the morchas.  In the rally held on 11.12.2013 on behalf of our organisation Com.S.S.Shishodia and the undersigned addressed the participants for a brief time.

 

Yours comradely,

 

 

/S.NAGARAJAN/

GENERAL SECRETARY


Circular No.18/VI/2013

December 18, 2013

 

 

To:

ALL  UNITS / STATE COMMITTEES

 

 

Comrades,

AGAIN, YOU  HAVE  MADE  IT

TODAY’S STRIKE ACTION

A   MASSIVE  SUCCESS

 

We have on our hand the reports of overwhelming response to the call for strike today observed from all over the country.  Congratulations, you have made it to happen.

 

The inadequate offer of 5% wage increase representing a quantum of Rs.1575 crores by the IBA in the negotiation held at Mumbai  on 14th December 2013 followed by the rigid approach exhibited before CLC[C] on 16.12.2013 at New Delhi, provided the concrete background to unleash the warm up exercise of agitation.

 

The mood of total workforce is expecting for a sustained struggle against twin points agenda for serious follow up, to get the reform agenda of the Government folded up and also to get a reasonable,  respectable wage revision, as we, the workforce have contributed for the manifold growth of the Banks business and also substantial operating profit for the year ended 31.03.2012.

 

The message is loud and clear.  The united struggle can alone provide relief to the workforce in the Banking Industry.  The manifold business increase with tremendous pressure on the field level working force is necessarily to be compensated adequately.

 

To steer the change in any system the need of the hour is united strength of the workforce.  Hence await further information from the Hyderabad meet on 23.12.2013.

 

With greetings,

 

Yours comradely,

 

 

/S.NAGARAJAN/

GENERAL SECRETARY


 

 

Circular letter No.10/VI/2013

December 4, 2013

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Dear comrades,

 

v        ALL INDIA STAY OUT STRIKE ON 18.12.2013

v        ISSUES  - IMMEDIATE WAGE REVISION – TO STOP BANKING REFORMS

v        CALENDAR OF PROGRAMMES

 

As per the decision arrived at in the meeting held on 20.11.2013 at Chennai,  the notice of strike dated 02.12.2013 was served by UFBU to Chairman, IBA with a copy to CLC[Central], New Delhi and Chiefs of all Banks, for realising the demands mentioned herein above.

 

The following programmes of actions are to be adhered to by our State Committees/Units

 

05.12.2013

Letter to IBA, by State Committees and affiliated Units

06.12.2013

Mass demonstration in State Capitals and other major centres

16.12.2013

Badge wearing

17.12.2013

Mass demonstrations, rallies, processions in all centres

18.12.2013

ALL INDIA STRIKE – Rallies/Demonstrations

 

While the constituent Unions have submitted the Joint Charter of Demands on 30.10.2012 to IBA, IBA assured to settle the issue of wage revision at the earliest and even the date of concluding the wage settlement was set on 14.08.2013.

 

The attitudes of the IBA, Government of India and Reserve Bank of India are clearly against the interest of Bank workforce, interest of the Nation and above all interest of depositors, who have invested hard earned savings in the Public Sector Banks.

 

Inspite of “Standing Committee of Finance” have opposed the proposal of granting new licences to corporates, RBI is bent upon going ahead with the exercise.  Public  Sector Banks have stood the test of the times under the Regulatory regime and they are the nation buildings instruments.  These  Institution are to be protected, preserved and also promoted.

 

Hence, we call upon the affiliates and State Committees to implement the programmes with utmost seriousness, so as, the authorities to feel the heat of the agitation in full measure.

 

ONWARD MARCH TO ALL INDIA BANK STRIKE ON 18.12.2013.

 

Unity, Struggles, Progress our watchword

Let us face the challenges unitedly.

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY

 

EncL: draft letter


Dt. 5-12-2013

 

From: [Unit / SC Address]

 

 

 

Fax: 022-22184222/22154131

 

                                                     

To

Chairman                                                        

Indian Banks Association   

6th Floor, Centre 1,                                                                                                                  email:[1] tanksale@iba.org.in [2]webmaster@iba.org.in

World Trade Complex,

Cuffe Parade, Mumbai-400005

 

Dear Sir,

 

You are well aware that the previous wage settlement has expired on 31-10-2012 and hence a revised settlement has become due from 1-11-2012.  In order to negotiate  the revised wages and service conditions of bank employees and officers, all the Unions under the banner of United Forum of Bank Unions have submitted their common charter of demands in October, 2013.  Even the formal negotiations were started in February, 2013, so far only 5 rounds of discussions have taken place and further, IBA has not so far come out with their offer on the demands raised by the Unions.

 

It will be appreciated that the alarming and unabated price rise have seriously eroded the income of the employees and hence the wage revision has become all the more important.  The Consumer Price Index has gone up by almost 2400 points under (1960=100) Index series since November, 2007.  Hence wage revision to catch up with the high inflation and price rise has become an urgent necessity.

Similarly, the workload in the bank branches has gone up substantially due to increase in total volume of business and also due to non-provision of adequate staff and officers in the branches.  Employees and officers are working under a lot of stress and strain.  The job profile of the staff has also undergone a change and all these require to be properly remunerated with adequate increase in wages.  For this reason also the wage increase has become important.

 

But unfortunately, the IBA is delaying the Settlement and during the last one year, not even their minimum offer has been indicated to the Unions. 

 

In view of the delay and the casual approach of the IBA, it has become necessary to express our protest over the delay and to demand wage revision settlement.

 

Accordingly, at the call of United Forum of Bank unions, all the employees and officers in the Banks will be observing a day’s protest strike on 18th December, 2013.

 

While endorsing the strike call, we demand of the IBA to expedite the negotiations in a time-bound manner and conclude the settlement immediately.

 

Thanking you,

Yours faithfully,

 

 

[GENERAL SECRETARY]

copy to: 

 

Convener, UFBU, Hyderabad [ufbu.hyd@gmail.com]   

AIBOA, Central Office, Chennai [aiboa.hq@gmail.com]

 


 

Circular No.17/VI/2013

November 22, 2013

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Dear comrades,

 

 

UNCONCERNED ATTITUDE FORCE

THE UNIONS TO GIVE THE STRIKE CALL

ON 19TH DECEMBER 2013.

 

 

The meeting originally fixed to be held on 21st November 2013 at Mumbai was preponed to the Wednesday the 20th November 2013 at 15.00 hrs at Chennai.  The representatives of Unions had the benefit of the sharing of the information of the meeting held with Government of India at Delhi on 14th November 2013.  Between the last meeting held on 11th October 2013 and till this meeting, the development in the Banking arena and also the oft repeated proposals of mergers and takeovers echoed through the press by the Controller of the financial system, forced the representatives to resist the proposed moves through collective and decisive strength of Bankmen.

 

As the issues affecting the Industry and also the workforce are equally important, it was decided unanimously to call upon the entire workforce to observe the Strike on 19.12.2013.

 

We call upon the members and Units to make all out preparations to execute the call of strike with seriousness.

 

Onward to strike on 19th December 2013.

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY


 

 

The content of the communication released by the Convenor UFBU is reproduced:

 

“A meeting of the United Forum of Bank Unions (UFBU) was held in Chennai yesterday i.e., 20th November 2013 under the chairmanship of Com. K K Nair, Chairman of UFBU and the representatives of all constituent unions/associations of UFBU were present.

 

The developments in the areas of wage negotiations, reform policies of the Government in the banking sector, the speed with which the Government is proceeding in implementation of reforms were reviewed and extensive deliberations were made on the issues confronting the bank employees.

 

The meeting noted with concern, the lackadaisical attitude of the Government/IBA in the area of wage negotiations that resulted in inordinate and undue delay in the process of negotiations.  Taking into consideration the insignificant progress in the process of negotiations despite a lapse of more than a year since commencement of the process and the financial pressure on employees due to high inflation, the representatives of all constituent unions of UFBU unanimously decided to press the demands through agitation programmes including strike action as there is no positive response from the Government/IBA to settle the 10th Bipartite Wage Settlement at the earliest.

 

The meeting also expressed its strong protest against the various measures being taken by the Government and Reserve Bank of India (RBI) in the name of financial reforms inasmuch as the proposals like allowing foreign banks to enter India in a big way with near ‘national treatment’, which would enable them to take over our banks, the discussion paper released by RBI recently on Banking Structure in India and the thinking of RBI to consider granting of licenses to open Private and Foreign Banks under New Bank Licensing Policy, etc., are designed to eliminate the public sector character in the Country which are not in the interests of general public, who have faith and feel more secured with the Public Sector Banks. 

 

Further, the meeting condemned the recent decision of NABARD to convert the Primary Agriculture Co-operatives (PACs) as Business Correspondent (BC) of District Co-operative Credit Banks (DCCBs), thereby around 2.2 lac permanent employees working in PACs would be affected and adopted a resolution extending solidarity support to the agitating employees of PACs.

 

Considering all the above aspects, the meeting decided to give a call for     

All India Bank Strike for one day on 19th December 2013 demanding

 

·         IMMEDIATE WAGE REVISION

·         TO STOP BANKING REFORMS

 

Details of agitation programmes will be issued in due course.

 

The representatives of all the constituent Unions of UFBU further decided to meet on 23rd December 2013 to review the position and chalk out further agitation programmes, if need be.

 

Comrades, there is no significant progress in the 10th Bipartite Wage negotiations even though it was initially assured by IBA to conclude the wage negotiation process at the earliest.  It is disappointing to note that even the rate of increase is not yet offered by the negotiating authorities despite the lapse of more than a year.  We are left with no option except to resort to agitation programmes including strike action.

 

Comrades, let us march on with all the strength at our command and make agitation programmes a grand success not only to achieve reasonable wage increase at the earliest but also to thwart the anti-public and anti-national moves of the policymakers in the name of financial reforms.”

 


 

Circular letter No.10/VI/2013

December 4, 2013

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Dear comrades,

 

v        ALL INDIA STAY OUT STRIKE ON 18.12.2013

v        ISSUES  - IMMEDIATE WAGE REVISION – TO STOP BANKING REFORMS

v        CALENDAR OF PROGRAMMES

 

As per the decision arrived at in the meeting held on 20.11.2013 at Chennai,  the notice of strike dated 02.12.2013 was served by UFBU to Chairman, IBA with a copy to CLC[Central], New Delhi and Chiefs of all Banks, for realising the demands mentioned herein above.

 

The following programmes of actions are to be adhered to by our State Committees/Units

 

05.12.2013

Letter to IBA, by State Committees and affiliated Units

06.12.2013

Mass demonstration in State Capitals and other major centres

16.12.2013

Badge wearing

17.12.2013

Mass demonstrations, rallies, processions in all centres

18.12.2013

ALL INDIA STRIKE – Rallies/Demonstrations

 

While the constituent Unions have submitted the Joint Charter of Demands on 30.10.2012 to IBA, IBA assured to settle the issue of wage revision at the earliest and even the date of concluding the wage settlement was set on 14.08.2013.

 

The attitudes of the IBA, Government of India and Reserve Bank of India are clearly against the interest of Bank workforce, interest of the Nation and above all interest of depositors, who have invested hard earned savings in the Public Sector Banks.

 

Inspite of “Standing Committee of Finance” have opposed the proposal of granting new licences to corporates, RBI is bent upon going ahead with the exercise.  Public  Sector Banks have stood the test of the times under the Regulatory regime and they are the nation buildings instruments.  These  Institution are to be protected, preserved and also promoted.

 

Hence, we call upon the affiliates and State Committees to implement the programmes with utmost seriousness, so as, the authorities to feel the heat of the agitation in full measure.

 

ONWARD MARCH TO ALL INDIA BANK STRIKE ON 18.12.2013.

 

Unity, Struggles, Progress our watchword

Let us face the challenges unitedly.

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY

 

EncL: draft letter


Dt. 5-12-2013

 

From: [Unit / SC Address]

 

 

 

Fax: 022-22184222/22154131

 

                                                     

To

Chairman                                                        

Indian Banks Association   

6th Floor, Centre 1,                                                                                                                  email:[1] tanksale@iba.org.in [2]webmaster@iba.org.in

World Trade Complex,

Cuffe Parade, Mumbai-400005

 

Dear Sir,

 

You are well aware that the previous wage settlement has expired on 31-10-2012 and hence a revised settlement has become due from 1-11-2012.  In order to negotiate  the revised wages and service conditions of bank employees and officers, all the Unions under the banner of United Forum of Bank Unions have submitted their common charter of demands in October, 2013.  Even the formal negotiations were started in February, 2013, so far only 5 rounds of discussions have taken place and further, IBA has not so far come out with their offer on the demands raised by the Unions.

 

It will be appreciated that the alarming and unabated price rise have seriously eroded the income of the employees and hence the wage revision has become all the more important.  The Consumer Price Index has gone up by almost 2400 points under (1960=100) Index series since November, 2007.  Hence wage revision to catch up with the high inflation and price rise has become an urgent necessity.

Similarly, the workload in the bank branches has gone up substantially due to increase in total volume of business and also due to non-provision of adequate staff and officers in the branches.  Employees and officers are working under a lot of stress and strain.  The job profile of the staff has also undergone a change and all these require to be properly remunerated with adequate increase in wages.  For this reason also the wage increase has become important.

 

But unfortunately, the IBA is delaying the Settlement and during the last one year, not even their minimum offer has been indicated to the Unions. 

 

In view of the delay and the casual approach of the IBA, it has become necessary to express our protest over the delay and to demand wage revision settlement.

 

Accordingly, at the call of United Forum of Bank unions, all the employees and officers in the Banks will be observing a day’s protest strike on 18th December, 2013.

 

While endorsing the strike call, we demand of the IBA to expedite the negotiations in a time-bound manner and conclude the settlement immediately.

 

Thanking you,

Yours faithfully,

 

 

[GENERAL SECRETARY]

copy to: 

 

Convener, UFBU, Hyderabad [ufbu.hyd@gmail.com]   

AIBOA, Central Office, Chennai [aiboa.hq@gmail.com]

 


Circular Letter No.9/VI/2013

November 23, 2013

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Dear comrades,

PROFIT NOT AT THE COST OF PUBLIC

 

Any Time Money [ATM] the alternative delivery channel brought into the Banking system, during first decade of reform in India, has unleased new working environment [ie];

 

i]          The service providers are entrusted with the contract of cash management, maintaining sufficient cash in the ATMs, watch and ward staff appointed on contract.

ii]         Installation of ATM machines by the firms with Global exposure

iii]        Access to money by any passerby etc.

 

            The recent attack of a female officer staff working in “Corporation Bank, Bengaluruwhile remaining inside the ATM, clearly expose the lackadaisical attitude of the Bank managements in providing safety and security to the public at large and also the staff appointed on contract or otherwise to attend to the assignment.

 

There is a definite disconnect between the Branch and the ATM outfit in all respects. ATMs have been programmed to deal with a dozen jobs handled by the present workforce at the counter.  With no immediate liability to the service provider to compensate the user on account of the physical assault as that of the one happened at Bengaluru, public at large are always at risk and loss of peace.  The safety and security of the property and also of human lives are necessarily to be protected and preserved.

 

            The outsourcing business model agreed by the Bank management is necessarily under the “cost cutting exercise dictated and directed by the controller and also the owner of the Public Sector Banks.  Visible job losses, now attack on the security of life of the customer and also of the staff, are more and more becoming the order of the day.  This menace has to be fought tooth and nail.

 

            The tendency of the Bank managements to shift their responsibility in the event of calamity is well known and also experienced by the public time and again.  As the saying goes, People money for People welfare, it is time for the Bank managements to reasonably respond to this grave situation created due to poor execution of service contracts by out sourced agencies.

 

Our Organisation congratulates the Govt. of Karnataka for its immediate steps to secure the life of the citizens in the state and also directed the Bank managements to provide adequate security in the  ATMs within three days lest to close the ATMs in the State.

 

AIBOA directs the affiliated units and State Committees to take up with Central office of the Banks having the headquarters in their State to provide adequate security and safety to the public transacting through ATMs.

 

Yours comradely,

 

/S.NAGARAJAN/

GENERAL SECRETARY


 

 

Circular No.17/VI/2013

November 22, 2013

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Dear comrades,

 

 

UNCONCERNED ATTITUDE FORCE

THE UNIONS TO GIVE THE STRIKE CALL

ON 19TH DECEMBER 2013.

 

 

The meeting originally fixed to be held on 21st November 2013 at Mumbai was preponed to the Wednesday the 20th November 2013 at 15.00 hrs at Chennai.  The representatives of Unions had the benefit of the sharing of the information of the meeting held with Government of India at Delhi on 14th November 2013.  Between the last meeting held on 11th October 2013 and till this meeting, the development in the Banking arena and also the oft repeated proposals of mergers and takeovers echoed through the press by the Controller of the financial system, forced the representatives to resist the proposed moves through collective and decisive strength of Bankmen.

 

As the issues affecting the Industry and also the workforce are equally important, it was decided unanimously to call upon the entire workforce to observe the Strike on 19.12.2013.

 

We call upon the members and Units to make all out preparations to execute the call of strike with seriousness.

 

Onward to strike on 19th December 2013.

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY


 

 

The content of the communication released by the Convenor UFBU is reproduced:

 

“A meeting of the United Forum of Bank Unions (UFBU) was held in Chennai yesterday i.e., 20th November 2013 under the chairmanship of Com. K K Nair, Chairman of UFBU and the representatives of all constituent unions/associations of UFBU were present.

 

The developments in the areas of wage negotiations, reform policies of the Government in the banking sector, the speed with which the Government is proceeding in implementation of reforms were reviewed and extensive deliberations were made on the issues confronting the bank employees.

 

The meeting noted with concern, the lackadaisical attitude of the Government/IBA in the area of wage negotiations that resulted in inordinate and undue delay in the process of negotiations.  Taking into consideration the insignificant progress in the process of negotiations despite a lapse of more than a year since commencement of the process and the financial pressure on employees due to high inflation, the representatives of all constituent unions of UFBU unanimously decided to press the demands through agitation programmes including strike action as there is no positive response from the Government/IBA to settle the 10th Bipartite Wage Settlement at the earliest.

 

The meeting also expressed its strong protest against the various measures being taken by the Government and Reserve Bank of India (RBI) in the name of financial reforms inasmuch as the proposals like allowing foreign banks to enter India in a big way with near ‘national treatment’, which would enable them to take over our banks, the discussion paper released by RBI recently on Banking Structure in India and the thinking of RBI to consider granting of licenses to open Private and Foreign Banks under New Bank Licensing Policy, etc., are designed to eliminate the public sector character in the Country which are not in the interests of general public, who have faith and feel more secured with the Public Sector Banks. 

 

Further, the meeting condemned the recent decision of NABARD to convert the Primary Agriculture Co-operatives (PACs) as Business Correspondent (BC) of District Co-operative Credit Banks (DCCBs), thereby around 2.2 lac permanent employees working in PACs would be affected and adopted a resolution extending solidarity support to the agitating employees of PACs.

 

Considering all the above aspects, the meeting decided to give a call for     

All India Bank Strike for one day on 19th December 2013 demanding

 

·         IMMEDIATE WAGE REVISION

·         TO STOP BANKING REFORMS

 

Details of agitation programmes will be issued in due course.

 

The representatives of all the constituent Unions of UFBU further decided to meet on 23rd December 2013 to review the position and chalk out further agitation programmes, if need be.

 

Comrades, there is no significant progress in the 10th Bipartite Wage negotiations even though it was initially assured by IBA to conclude the wage negotiation process at the earliest.  It is disappointing to note that even the rate of increase is not yet offered by the negotiating authorities despite the lapse of more than a year.  We are left with no option except to resort to agitation programmes including strike action.

 

Comrades, let us march on with all the strength at our command and make agitation programmes a grand success not only to achieve reasonable wage increase at the earliest but also to thwart the anti-public and anti-national moves of the policymakers in the name of financial reforms.”

 


 

Circular Letter No.8:VI:2013

October 30, 2013

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Comrades,

 

®     Workers Parliament – Follow up Measures- Convention held on 6th August 2013

®     C.T.U.s Parliament March on 12th December, 2013

®     Parliament March on 11th December 2013 organised by AIBEA on Banking Sector Issues

 

On 4th September, 2011, the Central Trade Unions viz., BMS, INTUC, AITUC, HMS, CITU, AIUTUC, AICCTU, UTUC, TUCC, LPF, SEWA  organised a “Workers Parliament” at New Delhi and unanimously resolved to escalate the programmes of actions against the anti-people and anti-labour policies of the Central Govt., highlighting the following points.

 

 

1.     No Contractorisation of work of permanent / perennial nature and payment of wages and benefits to the contract workers at the same rate as available to the regular workers of the industry / establishment.

2.     Amendment of Minimum Wages Act to ensure universal coverage irrespective of the  schedules  and  fixation  of  statutory  minimum wage at not less than Rs. 10, 000/- linked with cost price index.

3.     Remove all ceilings on payment and eligibility of Bonus, Provident Fund; Increase the quantum of gratuity.

4.     Assured Pension for all

5.     Compulsory registration of trade unions within a period of 45 days and immediate ratification of the ILO Conventions Nos. 87 and 98

 

Accordingly, AIBOA along with AIBEA, particpated in the “All India Stay out Strike” on 28th February 2012 and demonstrated our concern in common cause with Central Trade Unions.

 

The Government of India continued to be callously indifferent and was absolutely unconcerned with the massive response of the common people of our dear Nation.  While reviewing the performance of action by the “CTUs”, the following additional points to the earlier 5 point agenda making it 10 point charter.  The strike of 28.02.2012 received worldwide coverage too.

 

1.     Concrete measures to contain price rise

2.     Concrete measures for employment generation,

3.     Strict enforcement of labour laws,

4.     Universal social security cover for organized and unorganized workers and creation of National Social Security Fund

5.     Stoppage of disinvestment in Central and State PSUs / Undertakings

 

Once again, AIBOA gave a call for a strike as per the decision of Office Bearers meeting held at Delhi on 5th February 2013.  During the interim period of one year the living condition of the citizen of the country deteriorated steeply.  As if the Govt., wanted to avert the “2 days strike”,  having sensed the mood and serious preparations by the total CTUs, a meeting of “G.O.M”. with TU leaders was arranged on 18.02.2013 at 8.00 pm.  The last minute attempt of the Government was nothing but an eyewash.  The strike on “20th & 21st February 2013” was a resounding success.  Unions in the Financial sector stole the show, as the lifeline of the economy was choked.

 

On review of the situation by the CTUs in the convention held at Delhi on 6th August 2013 Com.Alok Khare, Vice Chairman and Com.Sanjay Khan, Joint Secretary, represented AIBOA.  The convention decided the two stages of programmes of action ie; on 25th September 2013[Dharna] and the next one on 12th December 2013.[Morcha to Parliament]

 

AIBOA having always identified with the common people causes/issues and participated in the one/two days strike on”28.02.2012 and on 20th and 21st February 2013, naturally shall participate in the Morcha organised by CTUs on 12th December, 2013.

 

The lifeline of the economy is the Banking activities.  Having the capacity to handle a total business of the Rs.131 lacs crores business as on 20.09.2013, the importance given by the owner and the controller to the Financial system is absolutely scanty.  “New Licensing policy”, foreign Banks have been indicated to take over Private Sector Banks “Specialised Banks” and Banks are free to open Bank branches are some the pronounced approach of the RBI.  Non performing Assests – Bad loan portfolio of each Bank is on the rise and hence alarming.

 

AIBOA in its sixth conference held at chennai in December 2011, resolved to fight against the Government anti people, anti labour and also the Reforms policy that affects the Banking Industry too.

 

AIBEA,in its 27th conference held at Kochi, resolved to take up the issues affecting the Banking system to draw the pointed attention of Government of India through a “Parliament Morcha” on 11th December 2013.  Keeping up the tradition of fighting for the common cause in Banking Industry along with AIBEA, all our units are advised to participate in the Parliament Morcha on both days without fail.  More focussed attention shall be by the State Committees of “Delhi”, “Rajasthan”, “ Haryana”, ”Punjab” and  “UP” and hence they have to organise the officers for the Morcha in a big way.  Please take all steps to make the participation a meaningful and effective.

 

Yours comradely,

 

/S.NAGARAJAN/

GENERAL SECRETARY


CircularNo.16/VI/2013

October 12, 2013

 

 

TO                                                                                                                

ALL UNITS/STATE COMMITTEES

 

 

Comrades

 

                  > WAGE REVISION 5TH ROUND

      >NO HEADWAY MADE  ON LOAD FACTOR

               > DEMONSTRATION ON 22 -10-2013

 

The 5th round of Wage talks on 11-10-2013 was held at IBA Office , WTC Cuffe Parade, Mumbai.The IBA team was headed by Sri R K Dubey , Chairman Core Group under Negotiating Committee , Sri Balakrishna V Chabubal DMD of State Bank of India, Sri S K Das, ED Bank of Baroda, Sri Rakesh K Sethi , ED PNB, Sri K Unnikrishnan, DY CEO, IBA besides the IBA Officers associated with the back up team.  Eleven Unions’ representatives were present in the discussions.

 

2.         Preceded by this meeting , was the meeting of 9 unions at the Office of All India State Bank of India Staff Federation, 2nd Floor State Bank of India H Q Nariman Point Mumbai to draw the collective and cohesive plan of presentation of views of all the participants.  The issues taken up for discussion were

 

 a)        Hospitalisation Scheme IBA Proposal,

 b)       Compassionate ground appointment Status

 c)        Uniform holidays cheque truncation system (CTS)

 d)       Wage Load ,

 e)        Expeditious conclusion of  talks

 f)         Increase in the number of participants in the negotiation

 g)       Change in the D A Pattern  - Index and also monthly payment  of

per point rise

 h)       keeping the  superannuation cost outside the wage calculation etc 

 i)         Officers’ Unions’ demand of negotiating for all the officers up to scale VII instead of upto  scale III as proposed by  IBA and

 j)         5days a week.

 

3.         As per the practice of IBA, the meeting was used to be held in three sessions  i.e. one common session with all the eleven unions, one exclusive session with Officers unions’ and the next one with workmen unions’ with a lunch break.  But this time it was clubbed to only one session spreading over a period 120 minutes from 12.15 hours.

 

4.         IBA side was more keen to have a dialogue reinitiated on hospitalisation scheme along with the response to the clarifications sought by the unions and also to draw up the components for filling up the “wage  basket” for proceeding further in the wage talks.

 

5          Since the entire exercise was more of sharing informations and viewpoints from both the sides, with no conclusive decision on issues raised by us with particular reference to wage load in the background of external developments taking place like appointment of 7th pay commission ahead of the commencement day ie 1 1 2016 and the Port and Dock workers issues getting underway, it was felt necessary that the participating unions are forced to the wall to pursue the path of agitation as   “ united struggles can alone provide the progress in the matter”.

 

6.         Assessing the mood and the restiveness of the rank and file , it was decided by the 9 Unions to hold a demonstration on the Tuesday, the 22-10-2013 at all the State Capitals and Major centres with  a single point agenda of “Expeditious wage settlement”.

 

7. AIBOA,  directs all State Committees and affiliated units to participate in the demonstration to be held on 22-10-2013 (Tuesday) throughout the country and make it a grand success.

 

With greetings

 

 

Yours comradely

 

/S NAGARAJAN/

GENERAL SECRETARY


 

Circular Letter No. 6/VI/2013

September 24, 2013

 

 

To:

ALL UNITS / STATE COMMITTEES

 

Comrades,

 

PROGRAMMES OF ACTION STAND DEFERRED

KUDOS TO RAJASTHAN AND PUNJAB STATE COMMITTEES

 

From August 2010, the threats of “mergers and acquisitions” had gained the momentum, when State Bank of India and erstwhile State Bank of India Boards were compelled to fall in line with the thinking of Government of India on amalgamation of Banks.

 

We, from AIBOA along with AIBEA and BEFI observed the strike call in December 2010 against the “forced merger of State Bank of Indore, though, it was committed that UFBU would give a strike call against mergers of Banks.  But in 2010, the decision of UFBU to observe the Strike call remained unimplemented.

 

The State Bank administration is in the process of examining the pros and cons of the exercise of merger of Associates with SBI and job has been entrusted to one of the top functionary of the bank.  “Prevention is better than cure” the saying goes.  Keeping in view of the changing and dynamic situation of the present financial systems, AIBOA directed the six State Committee viz., Rajasthan, Punjab, Kerala, Karnataka, Andhra Pradesh, Madhya Pradesh and also at four Metro centres to observe the Dharna, according to the local convenience, on or before 25th September, 2013 “opposing the proposed merger of Associate Banks”.

 

On 23rd, September, 2013, our Rajasthan State Committee conducted the Dharna which was inaugurated by Com.Lokesh Mishra, President, RBEU by garlanding the leaders in which nearly more than 30 comrades participated in the Dharna.

 

Today our Punjab State Committee has conducted the Dharna at Patiala in which good number of officers have participated.

 

We learn that the Strike action on 25th September 2013 has been deferred.  Though mergers continue to haunt the workforce of the Banking Industry every now and then,  the functional regrouping of Public Sector Banks is already underway.  We advise the State Committees to put on hold the Dharna to be held on 25.09.2013.  An explanatory meeting on impending threat should be conducted at the earliest.

 

Banking has become the “Central subject” to Government of India, due to the strikes.  Equally, it is time that “mergers and acquisitions” should be the main topic in the UFBU, as the jobs and job security are under attack.

 

KUDOS !  Rajasthan and Punjab State Committees for having implemented our directions with seriousness.

 

With greetings,

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY


 

MIN:RBI:99:2013

September 14, 2013

 

 /Confirmation of FAX]

The Secretary

Department of Financial Services

Ministry of Finance

Govt. of India

Jeevan Deep, 3rd Floor

Parliament Street

NEW DELHI-110 001

 

 

Sir,

 

REG:  Collection of Advance Tax- Extension of Working hours on 14.09.2013 and

            Holiday working on 15.09.2013

 

Our attention has been drawn to the instructions of Ministry of Finance given to RBI with a copy endorsed to the Chairman, Indian Banks’ Association that Bank branches are to be kept open on the Saturday the 14th September 2013 as well as on the Sunday the 15th September 2013 to facilitate the Tax payers to pay the Advance Tax for the quarter ending 30.09.2013.

 

Payment of quarterly Tax payment is a statutory obligation / requirement by such tax payers.   They are expected to clear the payment well in advance and not at the last day fixed already by the authorities and also notified to all concerned.

 

The instructions of Government directing the functioning of Bank offices in Kerala in particular has certainly affected the religious sentiments of the workforce as the “State Festival - ONAM” is falling on that day ie; 15th September 2013.

 

While facilitating the tax collection at the designated Bank branches is considered as nation building exercise, still the following alternatives are to be considered by the Government, to avoid the reoccurrence once again.

 

A]                        a] Extension of the date from 15.09.2013 to 16.09.2013 for payment of Advance Tax.

 

B]                        b]Officers who undertake the job to attend to the assignment on 14th and 15th September 2013 should be adequately compensated in the form of out of pocket expenses on both days coupled with one day compensatory off for working on “SUNDAY”.

 

C]                         c]Once the first option is considered the workforce at Kerala would be automatically relieved of the peculiar situation.

 

 

We request you to consider our suggestions and appropriate instructions to RBI and to IBA Chairman may please be sent, for which, we shall ever remain obliged.

 


Yours faithfully,

  

/S.NAGARAJAN/

GENERAL SECRETARY

 

 

Copy to:

 

The Chairman, Indian Banks’ Association, Mumbai

The Chairman & Managing Director of Public/Private Sector Banks


 
Circular Letter No.5/VI/2013

August 27, 2013

 

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

 

Dear comrades,

 

SUBMISSION OF MEMORANDUM

 

We have advised to submit the letter to SBI Chairman, Governor RBI and also to Hon’ble Finance Minister, Govt. of  India, on 29th, 30th and 31st August 2013 respectively through e mail and fax as well as hard copies under intimation to our Central Office of AIBOA.

 

Please treat this as urgent and important organisational tasks.

 

Yours comradely,

   

/S.NAGARAJAN/

GENERAL SECRETARY

 

 

Encl: Three Memorandums


 

FROM:

                                                                Date:

 

 

 

e mail: chairman@sbi.co.in

To:

The Chairman

State Bank of India

Corporate Centre

Madame Cama Road

MUMBAI-400 021

 

 

Sir,

REG:  ASSOCIATE BANKS MERGER WITH STATE BANK OF INDIA

 

As per the direction of our apex level organisation viz., ALL INDIA BANK OFFICERS’ ASSOCIATION [AIBOA] we submit this communication.

 

1.     1. There are oft-repeated expressions by top administrative authority of State Bank of India, to merge the remaining five Associate Banks / subsidiary Banks with State Bank of India.

2.     2. State Bank of Bikaner and Jaipur [1963], State Bank of Hyderabad [1959], State Bank of Mysore [1960], State Bank of Patiala [1.4.1960], State Bank of Travancore [1960] had been brought under State Bank of India [Subsidiary Banks] Act 1959.

3.     3. These Associate Banks have the share capital from State Bank of India hardly Rs.482 crores, a token participation in the capital of Associate Banks.  These Banks have their own historical background and geographical importance.  Their performance in the respective states is better than State Bank of India.  The policy of financial inclusion can be achieved by freeing the associate Banks from the control of State Bank of India firstly and allowing them to expand as an independent identity to serve the community.  The total business handled by 5200 branches of Associate Banks is more than Rs.7,50,000 crores, earning a gross profit of Rs.8800 crores with a net profit of RS.3700 crores.

4.     4.The responsibility to go into the merger exercise has been entrusted to Mr.S.Vishvanathan, M.D. and G.E and the ball has been set in motion by State Bank of India management.

5.     5. We strongly protest against the move of your Bank in initiating the exercise of merger of Associate Bank with State Bank of India.

 

We urge upon you to shelve the move of merger of Associate Banks with SBI and allow them to grow independent of State Bank of India.

 

Yours faithfully,

 

 

 

/GENERAL SECRETARY/

 

 

cc to:

 

The General Secretary, AIBOA, Chennai [ aiboa.hq@gmail.com]

 


 

FROM:

                                                                Date:

 

 

 

e mail: governor@rbi.org.in

To:

The Governor

Reserve Bank of India

Central Office, Shahid Bhagat Sing Marg

MUMBAI-400 001

 

Sir,

REG:  ASSOCIATE BANKS MERGER WITH STATE BANK OF INDIA

 

As per the direction of our apex level organisation viz., ALL INDIA BANK OFFICERS’ ASSOCIATION [AIBOA] we submit this communication.

 

1.     1. There are oft-repeated expressions by top administrative authority of State Bank of India, to merge the remaining five Associate Banks / subsidiary Banks with State Bank of India.

2.     2. State Bank of Bikaner and Jaipur [1963], State Bank of Hyderabad [1959], State Bank of Mysore [1960], State Bank of Patiala [1.4.1960], State Bank of Travancore [1960] had been brought under State Bank of India [Subsidiary Banks] Act 1959.

3.     3. These Associate Banks have the share capital from State Bank of India hardly Rs.482 crores, a token participation in the capital of Associate Banks.  These Banks have their own historical background and geographical importance.  Their performance in the respective states is better than State Bank of India.  The policy of financial inclusion can be achieved by freeing the associate Banks from the control of State Bank of India firstly and allowing them to expand as an independent identity to serve the community.  The total business handled by 5200 branches of Associate Banks is more than Rs.7,50,000 crores, earning a gross profit of Rs.8800 crores with a net profit of RS.3700 crores.

4.     4. The responsibility to go into the merger exercise has been entrusted to Mr.S.Vishvanathan, M.D. and G.E and the ball has been set in motion by State Bank of India management.

5.     5. We urge upon you to direct the management of State Bank of India to shelve the exercise of merger initiated by entrusting the same to an Executive in SBI forthwith, as merger of Associate Banks  is an anti thesis to the financial inclusion exercise that is being carried out to extend banking facilities to the remaining population of this dear nation.

 

Yours faithfully,

 

 

 

/GENERAL SECRETARY/

 

 

cc to:

The General Secretary, AIBOA, Chennai [ aiboa.hq@gmail.com]


 

FROM:

                                                                Date:

 

 

FAX:011-23742207/23747018

To:

Shri P.Chidambaram

Hon’ble Finance Minister

Govt. of India

NEW DELHI

 

Sir,

REG:  ASSOCIATE BANKS MERGER WITH STATE BANK OF INDIA

 

As per the direction of our apex level organisation viz., ALL INDIA BANK OFFICERS’ ASSOCIATION [AIBOA] we submit this communication.

 

1.     1.There are oft-repeated expressions by top administrative authority of State Bank of India, to merge the remaining five Associate Banks / subsidiary Banks with State Bank of India.

2.    2. State Bank of Bikaner and Jaipur [1963], State Bank of Hyderabad [1959], State Bank of Mysore [1960], State Bank of Patiala [1.4.1960], State Bank of Travancore [1960] had been brought under State Bank of India [Subsidiary Banks] Act 1959.

3.     3. These Associate Banks have the share capital from State Bank of India hardly Rs.482 crores, a token participation in the capital of Associate Banks.  These Banks have their own historical background and geographical importance.  Their performance in the respective states is better than State Bank of India.  The policy of financial inclusion can be achieved by freeing the associate Banks from the control of State Bank of India firstly and allowing them to expand as an independent identity to serve the community.  The total business handled by 5200 branches of Associate Banks is more than Rs.7,50,000 crores, earning a gross profit of Rs.8800 crores with a net profit of RS.3700 crores.

4.     4. The responsibility to go into the merger exercise has been entrusted to Mr.S.Vishvanathan, M.D. and G.E and the ball has been set in motion by State Bank of India management.

5.     5. As per the Reserve Bank of India data 52% of the population is unable to have the Banking access and the financial inclusion is to be extended to cover all the 6,00,000 villages of our dear nation.

Our country needs branch and banks expansion and not contraction through merger exercise of Banks.

We urge upon you to advice the State Bank Administration not to initiate the process of merger of Associate Banks with the State Bank of India and further freeing the administration of the Associate Banks from the direct control of State Bank of India.

 

Yours faithfully,

 

 

 

/GENERAL SECRETARY/

 

 

cc to:

The General Secretary, AIBOA, Chennai [ aiboa.hq@gmail.com]


 

Circular No.15/VI/2013

August 26, 2013

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Dear comrades,

 

ISSUES  CONFRONTING  BANK  OFFICERS.

 

Our organisation, right from the introduction of Joint note for the wage revision for officers from 1985 successively till the last one signed on 27.04.2010, is a party at the Industry level exercises.  We were able to deliver one increment in lieu of introduction of Technology as that of the workmen with effect form 01.11.1993, independent of other officers’ organisation followed by an amendment to the Regulation 20 through highest court intervention, enabling provision on Rural Service completion for Bank officers are some of the remarkable contributions made during the past three decades.  Amendment to the promotion policy for officers in the past, our organisation was directly a party to the conciliation proceedings held at IBA office before Conciliation Officer.  The best of our achievement is getting the “cradle to grave” benefit of Pension in the year 1993 and once again in 2010 to the entire workforce of the Banking Industry.

 

2.         Inspite of these industry level achievements, individual Bank managements have drawn their own plan of action in the matter of promotion policy for officers, Transfer policy for officers and Departmental action procedures concerning the Bank officers as a whole.

 

3.         Regulated working hours, compassionate ground appointments pending from 31.07.2004 and also engaging the services of retired officers for the purpose of defence in the banks are some of the urgent problems faced by the officers and our organisation in the individual Banks.

 

4.         Keeping the urgency of the matter, our organisation taking advantage of the visit to Delhi for Secretariat meeting to decide our course of action in the matter of “Associate Banks merger with SBI” met the Secretary, Department of Financial Services for a brief time.

 

5.         The meting was held in a cordial atmosphere and the response too was positive and reflection of his concern to address the issue was visible.

 

We take note to communicate the developments in this connection to all officers, in due course.

 

Yours comradely,

 

 

/S.NAGARAJAN/

GENERAL SECRETARY


 

Circular No.14/VI/2013

August 26, 2013

 

 

TO

ALL  UNITS / STATE COMMITTEES

 

 

Dear Comrades

 

Ø        ASSOCIATE  BANKS  MERGER  WITH  STATE  BANK OF INDIA

    GOVERNMENT AND SBI ARE IN FAST FORWARD MODE

 

Right from Narasimham Committee I (NARA –I) in 1991 the agenda of “Consolidation of Banking” had been seriously pursued by Govt. of India.  The first fall out of the same was merger of “New Bank of India” (NBI) with “Punjab National Bank” (PNB) on the 4th September 1993.  Such a forced integration of NBI with PNB had its own telling effects on employees’ morale and also the resistance level, as jobs and job security were and are prime concern of the work force, from time in immemorial.

 

In the past 2 decades more than a dozen private sector banks have been allowed to open their branches, out of which 4 had to be merged with other entities and 1 had to merge with Oriental bank of Commerce (OBC), digesting heavy volume of NPAs in their Balance Sheet.  During the same period State Bank of Saurashtra, had its headquarters at Saurashtra due its wrong policy of investment involved in Harshad Metha Scam accepted by the workforce of SBS at that time, the “meaningless mercy killing” in the year 2008 with SBI for no fault of them. The profit making, technology driven and the No 1 performing Bank headquartered at Indore, State Bank of Indore was acquired by force by State Bank of India in December 2010, in spite of strong resistance from the State Government and also from the work force of the erstwhile SB Indore. 

 

The agenda of merger and consolidation of the Banking Industry is getting more focused by the Government of India.  The Government had issued the guidelines in September 2012, enlisting the functional regrouping of all Public Sector Banks including IDBI, a prelude to merger.  The group heads are having their periodical monthly meetings with other entities to work out the smooth transistion plan, as they are placed on the same technology platform. The Government of India is in the “Fast Forward mode” of initiating the Mergers & Acquisitions exercise in the financial Sector unmindful of consequences. State Bank of India , has entrusted Sri S Viswanathan M D & GE (Associate and Subsidiaries) with the responsibility of the merger exercise.  The process is already underway.

 

State Bank of Hyderabad (SBH), State Bank of Patiala (SBP), State Bank of Bikaneer and Jaipur (SBBJ), State Bank of Travancore (SBT) and State Bank of Mysore (SBM) having their presence in the states of Andhra Pradesh, Punjab, Rajasthan, Kerala and Karnataka are under attack, as they are already integrated in the technology platform, besides the common treasury operations.  Their performance is extremely satisfactory in all parameters than the State Bank of India in the respective states, more in particular.

 

State Sector Bank Employees’ Associations [SSBEA], having sensed the imminent danger of disentitlement of individual entity as banks and forced to fall in the trap have “Chalked out agitational programmes”  culminating in an All India Stay out Strike on 25 9 2013 fully backed by AIBEA  in line with their organizational decision.

 

The wolf is at our doorstep to eat our jobs.  AIBOA strongly sensed the danger and correctly projected the issue in the two days Industrial strike in February 2013.  The international experience is also of the same velocity.

 

AIBOA has taken up with UFBU to consider the proposal of collective resistance movement against the move of the State Bank Management and Government of India combine. It was also decided in the CC meeting held on 4th and 5th August 2013 to take up the issue of Associate Bank Mergers with SBI, with all concerned in the Government as well as with the peoples’ elected representatives urging upon the authorities to go into the detail by referring to a specific committee for this purpose.

 

Keeping the grim situation in view, it has been decided by the “Secretariat Meeting” held at Delhi 23.08.2013 to unleash the following programmes of actions

 

DATE

PROGRAMME TO BE UNDERTAKEN

 

29.8.2013

LETTER TO CHAIRMAN SBI BY ALL AFFILIATED UNITS AND STATE COMMITTEES

30.8.2013

LETTER TO GOVERNOR RBI BY ALL AFFILIATED UNITS AND STATE COMMITTEES

31.8.2013

 

LETTER TO FINANCE MINISTER GOVERNMENT OF INDIA

 

5.9.2013

BADGE WEARING ‘ ANTI MERGER DAY’

 

 

16.09.2013 TO]

    23.09.2013]

 

 

DEMONSTRATIONS  AT ALL CENTRES

 

25.9.2013

 

DHARNA – AT DELHI, KOLKATTA, MUMBAI, CHENNAI, HYDERABAD, PATIALA, TRIVANDRUM, JAIPUR  BENGALURU and INDORE BY STATE COMMITTEES.

 

No Clerical Duty will be discharged by Officers on the strike day.

 

 

Let us extend our solidarity to the agitating workforce in our Industry, true to our commitment.

With greetings

 

Yours comradely

  

/ S NAGARAJAN/

GENERAL SECRETARY


Circular No.13/VI/2013

August 17, 2013

 

 

 

To:

ALL UNITS / STATE COMMITTEES

 

  

Comrades,

  

PROCEEDINGS OF THE 2nd CENTRAL COMMITTEE

DECISIONS ARRIVED AT FOR IMPLEMENTATION

 

 

The meeting of second central committee of our organisation was held at Tarak Institute of Banking & Trade Union Research at Mamallapuram on 4th and 5th August, 2013 as per the decision taken at the extended Office Bearers meeting held at Chennai on 21.06.2013 in the background of the sad demise of our respected leader Com.R.J.Sridharan, Chairman of AIBOA.

 

2.         The meeting was presided over by the Joint Presidium consisting of Com.Alok Khare, Vice Chairman, Com.Dr.Kumar Arvind, Com.Venkatesh Babu and Com.Dayal Babu, Vice Presidents of AIBOA.

 

3.         After unfurling the flag of AIBOA at the meeting venue, followed by the floral tributes by the entire committee to the departed leader of officer’s movement under the banner of AIBOA Com.R.J.Sridharan, the photograph of Com.RJS was also unveiled at the entrance of the Institute, by Com.Alok Khare, Vice Chairman of our organisation.

 

4.         The meeting proceeded with the agenda listed in the notice one by one.  The first being the homage to the departed leader of our movement – Com.RJS.  The presidium directed that those office bearers and State Secretaries who could not remain present on 21.06.2013 should come forward to pay the homage and accordingly almost all the State Secretaries and CC members placed their personal experience with Com.RJS and paid rich tributes to his extraordinary human virtues he possessed and also put into practical application in day do day walk of life.

 

5.         Com.G.Gunasekaran, as the President of Tamilnadu State Committee of AIBOA, presented the resolution to name the building at Mamallapuram as COM.RJS BHAVAN.  It was accepted unanimously.

 

Further Com.Narendra Kotiawala and Com.Rajan Chandorkar, of AIBOA-Maharashtra State Committee requested the house to install marble bust of COM.RJS and an amount of Rs.1,00,000/= will be paid by their State Committee.  Com.S.K.S.Sengar, Joint Secretary, AIBOA, has assured to take up this assignment for its fulfilment at the earliest.

 

The CC thereafter adopted the condolence resolution in the memory of Com.RJS.

 

6.         Com.M.A.Srinivasan, Deputy General Secretary, AIBOA read out the minutes of the Bengaluru CC meeting held on December 2-3, 2012 which was adopted unanimously.

 

7.         The developments after our Bengaluru CC meeting were reported to the benefit of the members.  The details are [i] Participation in the strike by AIBOA on December 20, 2012; [ii] exemption granted to Branch Managers from the participation in the strike on 20.12.2012; [iii] All India Strike on February 21-22, 2013 by CTUs and AIBOA’s participation and also decision to focus the issues [iv] regulated working hours; [v] 5 days week [vi]  Associate Bank mergers with SBI [vii] Functional merger of Public Sector Banks based on technology platform and  [viii ]Attack on Trade Union rights.

 

Com.C.H.Venkatachalam, General Secretary, AIBEA who had participated in our CC, presented the birds eye view on economy, national scene, role of CTUs and response from the Government and the imperative need to be vigilant to fight back the offensives of the Government by our active participation in the activities and action programmes of CTUs.

 

On presentation by the undersigned the views of AIBOA were expressed in a candid and capsule way, to uphold the organisational ethos and also the commitment in dealing with the decisions of both the organisation, with sincerity.

 

After a meaningful deliberations participated by the 19 all India Units and 17 State Committees representatives, it was decided as under:

 

  1. Addressing a communication to Govt. of India, RBI and Secretary, Department of Financial Services about the mismanagement of Banking affairs in the United Bank of India by the present administration.

 

  1. On strike participation, Office Bearers will be consulted prior to the announcement by AIBOA.

 

  1. On “Regulated Working Hours, 5 days week, Merger of Associate Banks with SBI, Functional merger of Public Sector Banks based on technology platform and attack on trade union rights” other Officers Organisations are to be approached to develop a common programme of action and the CC authorised the General Secretary to chalk out the programmes for its implementation.

 

  1. A detailed document on “DOS” and “DONTS” while discharging the official duties, “why to join AIBOA” and also the Service Regulations applicable to officers with particular reference to new Probationary officers will be displayed in our website, for the benefit of the officers.

 

  1. On uniform holiday due to Grid Based System of clearing, AIBOA would take up with appropriate authorities and the menace of the outsourcing has to be halted without any lapse of time since it would be adversely  affecting the confidentiality of the customers.

 

  1. On the points raised in the earlier committee held at Bengaluru and decisions arrived at for implementation an action taken report will be submitted in a short time.

 

  1. On the inconsistency in the guidelines on Promotion and on transfer, the CC has authorised the Secretariat to take up the same with the Government of India.

 

  1. It was decided to establish [i] Private Sector Cell [ii] All India Women’s Council and also to understand the Officers problems in Cooperative Sector through a meaningful dialogue with AICBEF and AIBEA.

 

  1. On the Charter of Demands, the CC was briefed about the present lullness prevailing at the Bankers level and efforts are afoot to focus the need to move the wheel ahead for progress.

 

  1.  After careful consideration of the reporting on the harassments meted out to the officers in the matter of departmental actions, the long felt desire of the officers to be governed by a judicial redressal system as that of C.A.T. to Govt. officers, should be actively pursued / taken up with Government authorities on priority basis.

 

  1. The CC has directed the affiliates in Punjab National Bank and Dena Bank to take appropriate actions with reference to the role of award staff federations and their functioning which are not in consonance with the apex level understanding.

 

  1. TARAK INSTITUTE – The decision to utilise the premises at least for 100 days in a year and the earlier decision to reiterate that the affiliated Units are to utilise the same by conducting one CC or defence class or Study exercises once in 18 months.

 

  1. TWO ROSES – The present status of the official magazine was reported to the CC and present level of subscription should be enhanced to 10000 as the same was decided in our Hyderabad extended Office Bearers meet.  The publication was well received by the subscribers.

 

  1. ACCOUNTS – The audited Statement account for the period ending 31.12.2012 was placed and the same was adopted unanimously.  The receipts and payments for the period 01.01.2013 to 30.06.2013 was placed for the information of the CC members.

 

  1. The CC decided unanimously to meet out the medical expenses upto 50% incurred for the treatment of late Com.RJS.  Further the General Secretary was authorised to take appropriate steps to extend all possible help to the dependents, as they belong to the AIBOA team, to the fullest measure.

 

  1. Good work done by AIBOA-TNSC – The CC placed its whole hearted appreciation for the successful conduct of the two days session and the excellent arrangements made by AIBOA-Tamilnadu State Committee backed by the back office staff of AIBOA Central office and also the Institute caretaker.

 

With greetings,

 

Yours comradely,

 

 /S.NAGARAJAN/

GENERAL SECRETARY

 


 

Circular No.12/VI/2013

August 12, 2013

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Comrades,

 

 

WAGE REVISION TALKS WITH IBA

IV  ROUND : A RAY OF HOPE

 

The fourth round of the  Officers Wage Revision talks with the representatives of the Indian Banks Association [IBA] was held at Mumbai on 12thAugust 2013. In fact the discussions were held in two sessions, separated only by lunch in between at 1 pm.

 

The IBA team was headed by Chairman of the Negotiating Team of IBA, Sri T M Bhasin  along with Sri H Upendra Kamath CMD Vijaya Bank; Sri R K Dubey CMD Canara Bank; Sri Balakrishna Chaubal DMD SBI; Sri Rajiv Rishi, CMD CBI; Sri R K Sethi ED PNB; Sri A K Dutt, ED of Dena Bank; Dr Ramakrishnan CEO IBA and Sri K Unnikrishnan Dy. CEO IBA  besides other members of the back up team of the IBA.

 

The representatives of the 4 Officers’ organizations  and 7 workmen Unions  participated in the discussions. Representing the Unions, Com M V Murali, Convenor of UFBU informed IBA of the change in composition of the UFBU as Com K K Nair General Secretary INBOC has been elected as the Chairman of the UFBU. The meeting recorded the deepest condolence in memory of Com R J Sridharan, Chairman AIBOA, and who was a member of the negotiating team on behalf of AIBOA till the 6th Joint note exercise with IBA,who breathed his last on the 15th June 2013 at Chennai.

 

While initiating the dialogue, the Chairman of the Negotiating team informed the efforts taken by IBA in setting the negotiation in motion by taking up the matter with the Government of India. In his presentation he was making an appeal  that the discussions held should be kept as sacrosanct and till the finalization of the issues , approaching the print media  by unions should be avoided.

 

Compassionate Ground appointments: This issue is pending for resolution from March 2006. In the conciliation meeting  held at Delhi in the third week of January 2008, it was assured to address and resolve the issue by taking up with Government of India. This matter was vigorously taken up on 23rd May 2013 in the meeting held with Sri KR Kamath Chairman IBA at PNB Headquarters Delhi, along with host of other issues. Once again,on  6thAugust 2013, when the 9 unions representatives met the Hon’ble Finance Minister it was reiterated for an early resolution of this issue. In this background, Sri T M Bhasin, Chairman Negotiating committee, IBA, informed that the Government guidelines on compassionate ground appointments coupled with monetary compensation slab wise has been recommended to the Government for their approval.

 

Hospitalisation Scheme  : Upon the request made by IBA,  for a presentation by the experts on  Health Insurance  for the benefit of the Unions, a hour long  power point presentation was made by the team. It was agreed to have the response from the Unions, in the matter of entertaining the proposals suggested by one of the leading Public Sector Insurance Companies who had already discussed the matter with one of the leading public sector banks in India.  The matter is at the nascent state .

 

UFBU Convenor Com M V Murali insisted for the response of IBA, on the 3 issues  pending with IBA. i.e Date of effect, Merger Points and the load  factor . While iBA, responded positively, in the matter of date of  effect of the current settlement from 1 11 2012, insisted for our response, on cost to company proposal of the IBA. An effective and convincing arguments were presented from the unions side. The discussion stood adjourned for lunch.

 

On resumption, IBA did present the huge pension liability on account of AS 15 application  and proposed to stick to DA Merger at August 2009 level in the initial stage. There was a hard bargaining from the Unions side and ultimately it was agreed to follow the earlier  pattern of merger of DA. i.e. one year prior to the wage revision i.e. November, 2011  - 4440 points which would mean merger of DA @60.15%  to facilitate construction of payscales.

 

The discussions on the Management issues were inconclusive. However, the representatives of the four Officers organizations presented a collective expression that the negotiation should not be restricted up to Scale III and emphasized the same as was  done earlier in the 3rd round i.e on 7th June 2013.  It was also further insisted that the total break up of stage wise and scale wise distribution of the Officers establishment expenses data for all the scale i.e. Scale I to Scale VII should be provided by IBA to the Officers organizations to enable them to commence the calculation work.

 

Comrades, with the clinching of two significant and important issues that constitute the base of the wage revision exercise, in this round of discussions, there is  certainly a ray of hope that the matter would move forward. Further developments in this regard, as and when it emerges, will be informed in due course to all our units/members.

 

With Greetings,

 

Yours comradely

 

 

 /S NAGARAJAN/

GENERAL SECRETARY


 

MEMORANDUM TO SHRI P.CHIDAMBARAM, HON’BLE FINANCE MINISTER

Camp: New Delhi

6th August, 2013

To:     Shri. P. Chidambaram, Hon. Minister for Finance, Government of India,  New Delhi.

 Dear Sir,

First of all, we thank you for sparing your valuable time to meet our delegation today amidst your busy schedule of work and engagements.

 

At the outset, we convey our heartfelt condolences on your recent bereavement over the demise of your beloved mother. 

 

On behalf of the United Forum of Bank Unions, the umbrella platform consisting of 9 trade unions in the banking sector and representing about one million employees and officers, we submit the following memorandum to you for your kind attention, positive consideration and favourable dispensation.

 

 

We wish to draw your attention to some of our own important issues and demands which we feel need your intervention as well certain broader policy matters which are of concern to us.

 

1. Compassionate ground appointment scheme in Banks :

 

For the past more than ten years, the scheme on compassionate ground appointments to the widow or an eligible family member on the death of an employee or officer that was in vogue in the Banks as per Government guidelines since 1978 has been negated and an unilateral financial compensation scheme has been implemented.  With your intervention, the family of employees who die while in performance of duty due to dacoity, robbery, etc. and those who die within 5 years of joining the Bank are alone considered for compassionate employment.   Your suggestion that compassionate appointments may be considered upto a prescribed ratio against vacancies and recruitments in an year remains unconsidered so far by the managements.

 

In the meantime, in the wake of large scale retirements, recruitments are taking place in the Banks.  The instances of death while in service has also dwindled and is very sparse.  Hence it would not be difficult for the Banks to restore and extend compassionate ground appointments on the unfortunate death of an employee or officer while in service.  Moreover, these jobs are given only if the compassionate appointee has the required and prescribed educational qualification. Hence any apprehension on dilution of efficiency or quality will also be misplaced.

 

In view of the above, we have submitted and represented to the Indian Banks’ Association to extend the compassionate ground appointment scheme as is available for the Government employees to the banking sector.

 

The issue needs sympathetic and expeditious consideration as the same is hanging for the past one decade.  We seek your personal attention and intervention in the matter to advice the IBA accordingly.

 

 

2.  Wage revision for employees and officers in the Banks:

 

The last wage pact in the Banks expired in October, 2012 and hence we have submitted fresh charter of demands for revision of wages and service conditions. More than nine months have elapsed but except some preliminary discussions, no serious negotiations have been held by the IBA on our demands.  This is causing lot of concern and anxiety amongst the banking staff and hence there is need to expedite the negotiations with more meaningful and serious discussions on our demands to enable early conclusion of the revised wage settlement.

 

Here also, we seek your intervention and request you to advice the IBA to speed up the negotiations for early wage revision in the Banking industry.

 

3. Introduction of 5 Day Banking:

 

It is not only the Central and State Government ministries and departments but even the Reserve Bank of India, LIC, etc. are following the 5 Day working.  Already in the banking sector, with the advent of technology based services, proliferation ATMs,  internet banking system, etc., the delivery channels for customer services in the Banks have multiplied and manifolded and hence it is possible to introduce 5 Day Banking with suitable adjustments in the total working hours per week.  

 

Our representations to the IBA have not yielded or evoked any positive response and hence we request you to bestow your kind attention to this genuine requirement and expectations of the bank employees and officers.

 

4.  Grievances of the Bank retirees: 

 

We gladly recall our meeting with you on 19-2-2008 when we submitted to you about the need to extend another option to the bank employees to join the pension scheme.  At your intervention, not only the two days strike on 25/26 February, 2008 was averted but through mutual discussions with the IBA, a Settlement could also be arrived at by which the remaining employees have been extended another opportunity to join the pension scheme.  We are thankful to you for the same.

 

However, there have been quite a few grievances of the bank retirees that are still pending consideration by the IBA and the Government. 

 

a)     Pre- 1986 Retirees:  Those who retired from the Banks prior to 1986 are being paid an Ex-Gratia of Rs. 300 per month and the spouse of such retirees when they die are paid a lumpsum of Rs. 1000 per month.  These amounts were fixed 15 years ago and hence there has been a very genuine expectation to revise this ex-gratia amount paid to them.  The total number of pre-1986 retirees is very less in the entire banking sector and hence the revision in their Ex-gratia would hardly cost anything substantial to the Banks. We request you to consider this most genuine representation sympathetically.

 

b)     Revision in Family Pension:  The rates of Family Pension fixed in the Banks’ Pension Regulations in 1995 at 15% to 30% with applicable ceilings has been found to be inadequate in view of the high cost of living and a suitable revision in the rate of Family Pension is a dire necessity.

 

c)     Periodical updation/revision of pension:  In the case of Government employees pension scheme, the pension gets updated and revised on occasions of every wage revision but even though the Bank pension Scheme is on the lines of the Government pension scheme, our pension does not undergo any revision than what is fixed at the time of retirement.  There is a case of periodical updation of pension for the retirees in the banking sector also. 

 

d)    Uniform DA on Pension:  In the banking sector, earlier Dearness Allowance was paid on a tapering basis and hence the Pension also attracted DA on the same basis.  However, from November, 2002, the DA is being paid to all the employees/officers with 100% neutralization against inflation as in the case of the Government employees.  While the post-Nov. 2002 retirees are paid DA on pension at 100% neutralization, the pre-Nov.2002 retirees are being denied the same.  There is a need to make the DA rate on pension uniform for all retirees.

 

e)     Staff Welfare Schemes :  As per the government guidelines,  3% of the published net profits of the Banks are earmarked for extending some welfare schemes for the employees including the retirees.  While the guidelines mentions that a portion of the allocated amount be utilised for extending some benefits like medical scheme, etc, for the retirees, a need is being felt to give a uniform guidelines for apportionment from the fund towards retirees’ schemes.  A suitable guidelines may be issued to the Banks in this regard to adopt a uniform percentage of the funds to be allocated for the welfare schemes pertaining to the retirees.

 5. Industrial Relations in State Bank of India:  

 

For the past almost one year, the industrial relations situation in State Bank of India, especially relating to the officers, has not been cordial, rather it is highly vitiated due to some of the standpoints and attitude of the top management of the Bank.  Basic trade union rights are being denied and vindictive actions are being pursued.  This has resulted in demoralization of the workforce in SBI and there is need to restore cordial industrial relations in the Bank and sorting out the issues through mutual discussions. 

 

We seek your kind intervention in the matter in the larger interest of industrial harmony in the banking sector since SBI happens to be the flagship banking institution in our country.

 

 

6.  Proposals of SBI management to merge Associate Banks :

 

It is observed that the SBI management is proposing to merge the 5 Associate Banks with it in the name of consolidation.  It is needless to inform you that these Associate Banks have their own historical and geographical evolution and have been playing a very leading role in the economic development of the concerned States.  Their performances have been impressive and consistent.  In fact, we feel that de-linking them from SBI and making them independent Banks will enable them to grow faster and better.  There are also reports that the merger of these Associate Banks will add to the financial burden of SBI at a time when SBI itself needs to become more stronger in the wake of challenges like higher levels of bad loans, etc.  Hence we strongly feel that merger of the Associate Banks with the SBI would be unwarranted and avoidable.

 

7. Proposals of RBI to permit corporates and business houses to start their own Banks:

 

The decision and proposal of the Reserve Bank of India to permit the various big corporate houses and business houses to start their own Banks, according to us, would, in the name of competition, result in multiple challenges to the banking system and also wrought with undue risks since the track record of various private business houses running banking institutions in the past has not been appreciable.   At a time when the Government’s priority is to ensure total financial inclusion, these proposals would only divert the entire attention of the public sector banks who are already working under various constrains and challenges.

 

On the other hand, we strongly feel that the RBI must be advised to ensure that the public sector banks are further strengthened and expanded in order to achieve the objectives of bank nationalisation, a water-shed decision taken by then Government in 1969 under the bold initiative of Smt. Indira Gandhi.  We request the Government to take a serious note of our concerns and viewpoints in this regard.”

 

Thanking you,

      Sd..                                                                      Sd..                                                               Sd..

   (AIBEA)                                                       (AIBOC)                                                        (NCBE)                                         Sd..                                                                      Sd..                                                               Sd..

  (AIBOA)                                                              (BEFI)                                                            (INBEF)

     Sd..                                                                      Sd..                                                                Sd..

  (INBOC)                                                             (NOBW)                                                         (NOBO)    


 Circular Letter No.4:VI:2013

July 12, 2013

 

 

TO

ALL  UNITS / STATE COMMITTEES

 

 

Dear Comrades

 

 

7 days working.

 

World Federation of Trade Unions (WFTU) in its October 3, 2011 declaration emphasized  that “8 Hours Work” and “ Collective Bargaining” should be achieved throughout the world by working masses, as the quality of life is getting affected due to the work pressure

 

2. In the Silver Jubilee Conference of AIBOA held at Delhi  in Feb 2006, the call to achieve “ Regulated working Hours” for Officers was given and the same was also incorporated in the Joint Charter of Demands submitted to IBA Chairman Mr MBN Rao on 28 10 2007 at Hyderabad.  This issue is still unresolved by the Bankers.

 

3. Under the specious plea of shoring up  the performance of the one of the Big Banks, the Chairman of that Bank unilaterally declared that the workforce of that bank would stand up to the “Call of the Bank” for “ 7 days Banking”.  The unilateral announcement was retaliated by the Officers’ Organization  and the management in a rebuff mounted offensives against the organization in an unprecedented  fashion .

 

4. The apex level Unions in their  memorandum incorporated the demands of 5 days  week and regulated working hours and submitted the same to Chairman IBA.  When we are pursuing these demands at the industry level, the big bank’s  approach of  introduction of 7 days banking is  viewed as a thaw and premeditated in order to pre-empt and prevent a positive result.

 

5. Probably taking the cue from the big bank, United Bank of India and Canara Bank managements have advised the branches to work for 7 days to improve the business.  In our extended office bearers meeting held on 21st June 2013, it was decided to take up the  matter  with these two banks and urge upon them not to go ahead with the proposal of 7 days working.  AIBOA has already addressed the communications to the Chairperson and Chairman and Managing Director of United Bank of India and Canara Bank respectively.

 

6. The Unions operating in united Bank of India had already held a demonstration and had a meeting with the Executive directors of the Bank after which the decision is deferred for the time being.  Recently the  nine unions meet was held at Chennai, in which the matter of “7 days working” was brought to the notice of the constituents by AIBOA and Com P K Sarkar  the then President of AIBOC, informed about the United Bank of India Unions’ collective resistance and also its outcome to the benefit of the workforce.

 

7. The issue which was resting with the Chairman and Managing Director Canara Bank unresponded has to be taken forward by the Officers Union, an affiliate of our Organization  in Canara Bank.  To achieve the goal, it was taken up again with the newly elected Convenor of UFBU Com M V Murali, to advise AIBOC  constituent to respond to  the requirement.

 

8. We are overwhelmed with the response from the Convenor UFBU coupled with General Secretary AIBOC advising Mr G V Manimaran , General Secretary CBOA, to coordinate with our affiliate in Canara Bank.

 

Hope the seriousness of situation would be addressed by the AIBOC affiliate in Canara Bank with utmost urgency as the interest of the Officers are under  severe attack.

 

Will they come forward to uphold the right of the Officers in Canara Bank?

 

 

Yours comradely

 

 /S NAGARAJAN/

GENERAL SECRETARY


Circular No.11/VI/2013

July 9, 2013

 

 

TO

ALL UNITS / STATE COMMITTEES

 

 

Dear Comrades

 

OBSERVE THE BANK NATIONALISATION DAY – 19 07 2013 

ALL INDIA DEMANDS DAY

 

 

The Nine Unions’ meet at Chennai on 4th July 2013,  in the background of Com P K Sarkar, convenor UFBU laying down the Office on his superannuation from Bank’s Services on 30 06 2013,  was held at Hotel Benz Park, T Nagar, Chennai  under presidentship of Com Vinil Saxena President  NCBE.

 

2.         AIBOA was represented by Com S S Shishodia, President, Com M A Srinivasan Dy General Secretary , Com G Gunasekaran Treasurer and the undersigned in the Nine Unions’  Meet.

 

3.         The meeting paid homage to Com R J Sridharan Chairman AIBOA on  his untimely demise on 15 6 2013 , lauded the services  rendered during his tenure right from the days of formation of UFBU in 1997. The meeting also paid homage to countless number of victims of nature’s fury in Uttarakand  flash flood.

 

4.         While the constituents approved the minutes of the meeting held at Delhi on 23 5 2013, had a detailed discussion on the report submitted on Bank Mergers , New Banking Licensing Policy  and outsourcing of permanent jobs.  After a meaningful exchange of views expressed by the representatives, the following programme was chalked out.

 

1.           1.To adopt a resolution on New Banking Licensing Policy and to send it to Governor RBI , FM Government of India.

2.           2. Nine Unions representatives delegation to the Governor, RBI, Finance Minister, Government of India and President of India.

3.           3.  Delegation to Parliamentary Standing Committee to present our view points on the above issues.

4.           4.To seek the support of the CTUs in realizing our demands

5.          5. To observe the “ ALL INDIA DEMANDS DAY” on Bank Nationalisation Day ( 19 7 2013) and to conduct campaign meetings at various centres.

 

5.         The meeting also had the benefit of information of the Chit funds cheating the common   man and also the inept handling of the situation by the Governments at the States and Centre besides the  none too impressive handling by the Controller of the Financial system of this country in safeguarding innocent investors.

 

6.         The disinvestment decision  by the Centre in the matter of NLC was opposed and it was decided to extend the fraternal support to NLC workers who are  opposing the decision through various programmes of agitation.

 

7.         On the vexed issue of Wage revision the meeting noted with concern, the slow pace movement in  the 3 rounds of discussion.  It was decided to prevail upon the IBA to expedite the wage revision dialogue on the COD submitted by the unions first.  From AIBOA it was submitted that each constituent should have minimum two representatives in the Negotiation and depending upon the membership, the representatives can be enhanced, further.

 

8.         The meeting placed on record the services rendered by Com P K Sarkar during his short stint of less than a year as Convenor of UFBU. Consequent upon his relinquishment coupled with the situation to be effectively addressed, it was decided to have unanimity in entrusting the responsibility to carry on the activities to Com K K Nair General Secretary INBOC as Chairman and Com M V Murali General Secretary NCBE as Convenor of the UFBU.

 

9.         After completing the listed issues in the Agenda, the meeting of representatives of all retirees organizations was held in the post lunch session.  Since the issues raised by the retirees organizations in the meeting were already incorporated in the COD submitted by the unions to  IBA and the UFBU  assured  them that it would  take up these  at an appropriate juncture for effective resolution.

 

 

ONWARD MARCH TO BANK NATIONALISTION DAY

 

WITH GREETINGS

 

 

Yours comradely

  

/S NAGARAJAN/

GENERAL SECRETARY

 


 Circular Letter No.3:VI:2013

22 06 2013

 

 

TO

ALL UNITS / STATE COMMITTEES

 

 

Dear Comrades

 

-          CONTRIBUTE TO PM RELIF FUND-

 

All of you are aware that the pilgrims are stranded at various places in the Uttarkhand State  due to nature’s fury in the form of “CLOUD BURSTING”. Number of pilgrims standed are 10000 and pilgrims declared dead are 550 as per paper reports.

 

AIBOA, our organisation is committed to the welfare of society and strongly believe and practices the philosophy of “PEOPLE CENTRIC: approaches.  It is time  to extend support and help the suffering citizens of dear nation.

 

We have already taken up with IBA too to advise the member banks to debit one day Privilege Leave of the Officers and contribute to PM Relief Fund as a priority task.  All state committees and affiliate units are to take up this matter, independent of the instructions that may flow down from individual banks.

 

Situation is grim and demanding.  AIBOA men has to respond the call of the Nation.  Please do discharge your duty by financial contribution to PM Relief Fund.

 

Please act instantly and independently.

 

 

Yours comradely

  

/S NAGARAJAN/

GENERAL SECRETARY


 

 

 

Circular No.10:VI:2013

15.06.2013

 

 

 

ALL UNITS/STATE COMMITTEES          

                                                                       

 

                        ……    LIGHT HOUSE OF AIBOA GOES OFF

 

                        ……    COM R J SRIDHARAN (RJS) PASSES INTO HISTORY

 

With profound grief and sorrow we convey the sad news of the demise of our beloved leader, Com R J Sridharan, Chairman of AIBOA at about 12.30 noon today at a city hospital in Chennai. He was admitted for check up on 22nd April 2013 and was recovering well. But sudden deterioration of the functioning of various organs this afternoon ended his life. He leaves behind his octogenarian mother, his beloved wife, son & daughter.

 

Born on 26th October 1948, he joined Canara Bank as Clerk at Madurai on 21st    July 1969. He evinced serious and sincere interest in Trade Union way of life within a year of his joining the Bank. He was elected as Branch Secretary of Canara Bank Employees Union in 1970 itself and when he was transferred to Chennai City ( T C Street branch), he continued his determination to be very active in Chennai, the citadel of CBEU. Amidst the galaxy of tall leaders & stalwarts like Com C S, Com KRN he grew steadily playing useful roles. He became the Zonal Secretary of CBEU under the aegis of the dynamic and  charismatic leader Com C S. 

 

In the foundation conference of AIBOA held at Nagpur on 14th Feb 1981, Com RJS was elected as one of the Assistant Secretaries. During the Mumbai conference of AIBOA held in Jun 1986, Com RJS was unanimously elected as President at a very young age of 37 when the then General Secretary Com P K Menon was 60 years old. He was elected as the General Secretary of AIBOA in the Chennai conference held in July 1991, in which position he continued till laying down the office again at the same venue during the 6th Conference held in Dec 2011 when he was elected as the Chairman of AIBOA.

 

But the sagacity that Com RJS personified enabled a fine discharge of the role at a crucial juncture like entering the Bilateral table and ensuring the views and voice of AIBOA got recognized from everyone, from the great & tall leaders like Com Tarak, Com Chadda, Com Menon, AIBEA and Management’s representatives at IBA level.

 

Com RJS has taken the AIBOA to this great stature by his organizational ability. Oratorical skill, negotiating acumen, prolific writing and his capacity to convince even adversaries through his matured way of handling of even things which were hard to get through.

 

Com RJS, who has strolled as a Gentle colossus in the last over 30 years among Bank Employees & Officers in the country, had never hesitated to play the role expected of him. Undeterred by his fragile health – with congenital heart valve disfunction – he moved dauntlessly throughout the country organizing units under AIBOA.

 

If Com P K Menon could be credited with the thought of ushering in introduction of pension in the industry in 1989 itself, Com RJS, tirelessly, ceaselessly & relentlessly campaigned alongwith Com Tarakda and ultimately achieved implementation of Pension  for bankmen in 1993. Com RJS was always a man looked upon to offer solution for several crisis that had occurred in wage negotiations and he came out every time with grand ideas. Thus Com RJS was path finder, pace setter and clincher of the difficult issues.

 

The last decade of Com RJS’s life was full of ambition to achieve all the issues that one wanted. While the first one was foreseeing the monstrous & dreaded outsourcing which he rightly felt would be a disastrous job killer. He ensured that the AIBOA conference in Delhi in 2006 gave a clarion call to bank men to carry on the struggle. In the same conference, Com RJS was instrumental in AIBOA declaring that bank officer’s should have regulated working hours.

 

 The compassion, concern, conviction and commitment that Com RJS had, to work to lift the under privileged, underdogs, have-nots and weaker sections of the society was eventually manifested in all his words & deeds in the last 30 years. Com RJS ensured the Unorganized Sector Welfare Relief Fund that AIBOA started created a thrust and co-ordinated the benevolence in a humble way. What governments, NGOs and bigger Trade Unions of even CTUs could not even imagine this, Com RJS implemented it. This has given AIBOA edifice a big momentum.

 

To enable the bank Officers to equip themselves to handle the new banking practices, his dream project of establishment of Tarak Institute of banking and Trade Union Research was established in the year 2007 at Mamallapuram.

 

Revival of our house magazine “Two Roses” which Com RJS had started in 1990 was another issue that was working in his mind. He saw to it that the resumption of application started on 14th feb 2013, the foundation day of AIBOA.

 

Com RJS wanted the AIBEA/AIBOA co-ordination to function in full throat to ensure both the organization achieved what they have been campaigning and carrying on struggle. He was emphatic that none can cut the umbilical cord of AIBEA & AIBOA. He used to say “Unity in action, Unique in thought and uncompromising in ideals that both organisations personified” should take us forward. Com RJS ‘s candid, transparent and without mincing words that both organizations should practice mutual trust, confidence and respect taking into account the dimensions and the direction we have to navigate cruising smoothly to anchor in our destined place.

 

Com.RJS has to be remembered by a million family of Pensioners who have retired and those who are in service now through his path finding role in 1993-1995 Pension campaign against the short sighted  organisations JACKAL like activities and achieving it  then and again in 2009-10 when one more option for pension was in the brink of precipice,  it was Com.RJS’s game changer role that retrieved the whole issue thus benefiting  330000 workmen and officer employees

 

Comrades a vivid vacuum created with Com.RJS passing away at a crucial time when we needed  most and when there is a big gulf in the leadership at the helm in negotiation with IBA and the latter assuring  a demon like proposition and trying to impose all those that Com.RJS opposed and ensured are not implemented in his life time.

 

Com.RJS’s speeches of last three decades would always reverberate in our ears for ever and his ever smiling face will be greenly reminisced for memory more decades giving us strength, courage, support, inspiration and motivation which he used to always show inplenty when he was alive.

 

Comrades!  The best way to perpetuate the memory of the greatest leader of all times we have been is only to work stead fastly in the path shown to us by Com.RJS and work with unflinching loyalty and unbridled unity to achieve the unfinished tasks.

 

Comrades!  Man is mortal and none can  claim to be immortal in this world.   Com.RJS’s  mortal remains might have been consigned to flames but his contribution to the Country, Society, Industry, Banks and Bankmen – Employees and Officers shall always remain immortal.  In a world where even a small men portray themselves in a larger than lifestyle Com.RJS was humble and simple.  Com.RJS is one who willz live beyond death and hence “O death be not proud that you consumed the life of Com.RJS”.

 

Com.RJS in his 43 years of Trade Union life has transgressed some patterns deserved to be so sometimes, transcended all barriers with his broad shoulders to accommodate all many a times but he traversed a path which Swami Ramakrishna Paramahamsa and Swami Vivekananda to lead the path unswervingly, unmindfully of what others say if you believe you are right.

 

Com.RJS AMAR RAHE

 

Yours comradely,

 

 

 

/S.S.SHISHODIA/

PRESIDENT

/S.NAGARAJAN/

GENERAL SECRETARY

 


 

CONDOLENCE

 

PROGRAMMES TO BE OBSERVED

 

BY UNITS / STATE COMMITTEES

 

 

 

17.06.2013 [Monday ]-19.06.2013-

[ Wednesday]

 

Three days mourning

BLACK BADGE

wearing

 

 

 

 

Within a week’s time,

on or before  23.06.2013

 

 

Condolence meeting to be held by the State Committees throughout the country

 

 

 


COM.R.J.SRIDHARAN

 Ø  Born 26th October 1948 in a small village Sikkalnaikenpettai near Thirupananthal in then Thanjavur District Tamilnadu as the son of late Shri R.S.Jagannathan andSmt.R.Jayalakshmi.

Ø  Graduated from St.Joseph’s College, Tiruchy

Ø  After a brief stint in a private company, he joined Canara Bank as a clerk in the year 1969

Ø  He was elected as Branch Secretary of Canara Bank Employees' Union in 1970

Ø  He was nominated as Zonal Secretary of the Canara Bank Employees’ Union

Ø  He was promoted in the year 1976 – After serving in the north and upcountry branches in Tamilnadu he returned to Chennai in 1981

Ø  With formation of AIBOA, by the conscious decision of AIBEA, at the young age of 38 was elected as President of AIBOA in the year 1986

Ø  In the year 1991 he was elected as General Secretary of AIBOA and he was elected as Chairman of AIBOA in the year 2011.   Chief of the Negotiating Team of AIBOA for Bank Officers since 1991.

Ø  He was also elected as Founder General Secretary of Canara Bank Officers’ Union in which position he excelled till the year 2006.  Today he is the Chairman of Canara Bank Officers’ Union

Ø  His love for the ordinary worker and his concern for promoting their interest is ever obvious.

Ø  It is the fort of Com.RJS that he is one step ahead of others in thought and in action. He is a true trail blazer.  The pension issue is a case in point.  He was one of the pioneers in realizing the demand for pension to the bank employees.

Ø  Com.RJS was instrumental in launching “Com.CS & Com.KRN Memorial Community Medical Clinic promoted by Canara Bank Officers’ Union at Kovaipudur, Coimbatore in 2001.

Ø  He has got broader vision and visualized that an institution established on professional lines alone would fill the gap and thus the dream project of Com.Tarak Institute of Banking & Trade Union Research at Mamallapuram near Chennai by AIBOA.

Ø  The army of unorganized sector workers remains in large with little or no service conditions.  The trade union movement has not made much of an impact in their way of life.  They need all the care and concern of fraternally organized trade unions.  True to the spirit, under the aegis of AIBOA, Com.RJS proposed creation of Trust exclusively for the welfare of the unorganized workers by funding them.

Ø  The benign nature has bestowed Com.RJS with many faculties other than health.  But it is to the credit that his commitment never allowed his physical discomfiture to come in the way of discharging his organizational obligations.

Ø  The courage and the conviction, the commitment and the approach of Com.RJS in resolving issues will continue to inspire us in carrying forward the joint movement.


Circular No.9:VI:2013

June 8, 2013

 

 

To:

ALL UNITS / STATE COMMITTEES

 

Dear comrades,

 

WAGE REVISION TALKS WITH IBA – 3rd ROUND

 

As indicated in the letter by IBA for the discussion on 07.06.2013 at Mumbai, the 3rd round discussion was held in three parts [ie] discussion with Officers’ Unions, discussions with 9 Unions + 2 Unions and the third one was with workmen organisations.  IBA negotiation team was led by Shri T.M.Bhasin, Vice Chairmen of IBA.

 

In the hour long presentation by the IBA team, a sample presentation on “cost to company” of Scale I officer was made and insisted that the negotiation upto Scale III only can be held with the Unions.  We have clearly presented that “C2C” is a new concept presented by them, needs time to respond.  Further it was insisted that the negotiation should be on all scales as certain modifications conceded in the last wage revision has led to aberrations in the construction of scales of  IV/V/VI/and VII and resulting in heartburning .  Other officers’ organisations too had their view points more or less concurring with our submission to IBA.

 

In the post lunch session participated by 4 unions of officers and 7 unions of workmen, representatives presented the demands viz.,[i] DATE OF EFFECT [2] MERGER POINTS AS AT SEPTEMBER 2012[4876 points] [3]