ALL INDIA BANK OFFICERS' ASSOCIATION {Regd.)

CENTRAL OFFICENo.109/10, Anhappa Naicken Street, Second Floor, Chennai 6001
Ph. 25265511  Fax: 25249081  Mobile No: 9840645081 

Email: aiboa.hq@gmail.com 

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ALL  INDIA  BANK  OFFICERS'  ASSOCIATION  

Circular No.9/VII/2018

May 19, 2018

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Dear comrades,

 

v Don’t throw stones from the glass house

v Is Pay commission beneficial to all?

v Facts are stranger than the fiction

 

It is always a cry from the roof top that the Central Pay Commission is better than Bipartite settlement right from 19.10.1966till date for workmen and for officers from August 1985.  While signing the first Joint Note for Bank officers in August 1985  AIBOA was the only apex level organisation of officers.  As good number of “Gennext” has come into Banking fraternity, the need has arisen to place the facts before them.

 

Government of India appoints a pay commission once in ten years in which learned persons are the members.  The 7th Central Pay Commission was appointed on 28th February, 2014 and it had submitted the report on 19th November 2015.

 

The comparisons are as under:

 

S.No.

Issues/items

Pay Commission

 Bipartite / Joint Note Exercise

1

Tenure of the settlement

Once in 10 years

Once in 5 years

2

Can Unions negotiate

No.  The Joint consultant machinery [National Council] staff side normally appear before the committee, submits a memorandum

Yes.  5 Unions for Award staff and 4 Unions of Officers do participate in the negotiation exercise

3

Basic Pay

RS.18000-Rs.250000

Yet to commence the meaningful exercise

4

Dearness Allowance

Once in 6 months based on last 12 months payable on 1st January and 1st July –every year.  Cabinet has to clear the proposal

Every three months, based on the data collected, the DA is payable to employees and officers, without any reference to Government.

5

CCA

Not available

Available in Area I/II, based on the population

6

HRA

24%, 16% and 8%

9%, 8% and 7%/ capital cost HRA is payable

7

Increment

Uniformly 3% of basic pay

It starts with more than 4% and gradually slide back

8

Release of Increment

Minimum “very good” in performance appraisal to be secured

As on date, no stings attached

9

Allowances

52 allowances have been abolished.  36 allowances have been added with identical one

Existing allowances are continuing

 

Against the sanctioned strength of 40,48,707 as on 01.01.2014, unfilled vacancies are 7,47,171.  Outsourcings of permanent jobs are being undertaken by the Government.  After the introduction of Pay Commission, it is claimed that Government has reduced the expenditure .  How this can happen?

 

During the 3rd Joint Note exercise,  our organisation along with INBOC led by Com.K.K.Nair launched the joint struggle  for initial pay parity of Bank officers with that of Central Government class I officers.  But, it was the then AIBOC leader late Mr.R.N.Godbole stonewalled the introduction of Rs.2200/- as the starting pay for Scale I officers.  Having lost the step for advancement in the past [ie;] 20 years back, because of rigidity exhibited, it is too difficult to correct the derailment in the scales of pay.

 

Our appeal to the leader, who is triggering discontentment should know, that the approach is incorrect and unwarranted.  Unity alone can fetch the result

 

We appeal to the Gennext to remain united to achieve the demands raised by us.

 

A word of caution – “All glitters are not gold”.

 

 

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY


Circular No.8/VII/2018

May 18, 2018

 

 

To:

ALL UNITS / STATE COMMITTEES

 

 

Comrades,

 

INSURANCE BACKED HOSPITALISATION SCHEME

A REVIEW EXERCISE

 

In the last wage revision exercise conducted on 25th May 2015, all the Nine constituents have agreed to have “Insurance backed Hospitalisation Scheme” in all Banks except State Bank of India.  United India Insurance Co., Ltd., is the company, a Public Sector organisation, the tie up arrangement was entered into.  The quantum fixed for award staff is Rs. 3 lakhs and for officers is Rs.4 lakhs, besides certain facilities like “cashless mediclaim” has been brought in, as a part of the welfare measure for the serving as well as retired Banking workforce.

 

2.         In the background of the current discussions on wages, it has become the necessity of time to review the scheme. On 16th May, 2018, the review exercise was undertaken.  IBA team was led by Shri B.Rajkumar, Dy.CEO, IBA, Shri B.Ashok [GM, CBI], Shri M.K.Gupta [GM, BOI], Shri C.Malolan [Dy.Gen.Manager, BOB], Shri S.K.Kakkar, Sr.Advisor [HR & IR] and Shri K.S.Chauhan,[Adviser-HR & IR] besides HR officials of IBA.  Our Organisation was represented by the undersigned.  All other constituents too participated.

 

3.         Consequent upon the introduction of the new scheme / facility, it is quite natural, there are certain problems encountered by the workforce.   Broadly to state the problems

 

a.           a. Inordinate delay in settling the bills

b.           b.Non payment of the Bills

c.           c.Decline to consider even the genuine expenses incurred.

d.           d.The premium fixed for the retirees are too heavy.

e.           e. Number of retirees exercised for domiciliary treatment has came down substantially.

f.             f. Employees are to deal with Bank managements only and not with third party administrators[TPAS].

 

Representatives of Nine constituents already had an exclusive exercise with “UIIC” and “TPAS” along with IBA officials on 6th October 2017, in which, the issues were also raised.

        

4.         An elaborate presentation was made based on the communication addressed to IBA on 09.12.2017, with real experience in the field level.

 

5.         We reiterated the IBA should insist the provisions of IRDA guidelines in respect of premium for three years, verification claim ratio and also the stand of UIIC after and meeting held on 06.10.2017.  In our considered analysis of the developments, it has well began exercise of review.

 

6.         The nine constituents met prior to the IBA meet and also after the meet at IBA officer itself.  On behalf of our organisation, Com.Narendra Kotiawala, Dy.General Secretary, AIBOA and the undersigned participated in the meet.   It was categorically expressed to take forward the struggle / programme of actions culminating in “48 hours of strike from 6.00 am of 30.05.2018 ending on 6.00 am of 01.06.2018.

 

 “CIRCUMSTANCES ARE BEYOND HUMAN CONTROL BUT

 

OUR CONDUCT IS IN OUR OWN POWER”.

 

ONWARD MARCH TO 48 HOURS STRIKE IN THE INDUSTRY.

 

 

Yours comradely,

  /S.NAGARAJAN/

GENERAL SECRETARY


Circular No.7/VII/2018

May 7, 2018

 

 

TO

ALL  UNITS / STATE COMMITTEES

                                                      

Comrades,

 

MEAGER OFFER AND RIGIDITY ON FRACTURED MANDATE ISSUE

SPARK RETALIATORY APPROACH.  

 

In the background of the nine constituents meeting with Hon’ble Finance minister and DFS on 21st March 2018 after conclusion of Dharna at Delhi focusing the issue of PNB Scam, IBA, after its meeting held on27th October,2017, invited the apex level unions for a meeting at Stadium House, V.N.Road, Mumbai on the  5th May 2018 at 11.00 A.M.

 

2.         Preceding the meeting with IBA, the nine constituents met to draw the approach in response to IBA proposals. To recapitulate, the date of  effect of the settlement was already agreed upon. IBA proposed that the merger of DA for construction of new pay scale was that of 31st OCTOBER 2017. On offer, they maintained a stoic silence. On the remaining contentious issues, it was decided to insist upon the conclusion of pay scales should be after merger of 6352 points of DA. If the initial offer is not a satisfactory one, the collective decision is to reject the same after discussing various situations, that may arise during the course of discussions.

 

3.         The IBA negotiating team was led by the Chairman Shri. R.K.Takkar (UCO Bank), Shri.P.S.Jayakumar (BOB), Shri.G.Rajkiran Rai (UBI), Shri.Shyam Srinivasan (Federal Bank), Shri.V.G.Kannan, CEO IBA, Shri.S.K. Kakkar, and Shri.K.S.Chauhan of IBA besides officials of personnel department of IBA. Our organization was represented by the undersigned in the discussions.

 

4.         Team IBA initiated the dialogue on the issue of Insurance backed Hospitalisation and unpreparedness of the Unions to provide the names for constituting the small committee, to address the issue of finalization of service provider to implement the scheme without any hassles to the workforce in the banks. In the event of continued non responsiveness, various options were spelt out by IBA including to revert back to old bank wise hospitalisation reimbursement scheme.

 

5.         In response to the IBA’s reiteration, it was amply made clear that the unions would be willing to address the issues of the hassle free implementation of scheme at the bank level but categorically expressed that the unions will not be party to the exercise of shortlisting the service provider or brokers.

 

6.         The next issue came up for discussions was the offer on much vexed question of wage revision. Team IBA expressed that looking to the depressed financial conditions of the Banks, the initial offer was 2% on the pay slip components was made. Not only, they insisted that unions should spell out their demand. It was made amply clear that the charter of demands  submitted by the unions focusses the aspirations and expectations of the workforce. While the workforce has contributed for the gross profit of the Banks, the initial offer made by the Team IBA is totally unacceptable and rejected the same in one voice.

 

7.         On the fractured mandate issue too, the IBA maintained its stand that negotiations will be restricted upto Scale III only. The stand of the Team IBA was totally unacceptable. The meeting ended abruptly.

 

8.         In the post lunch session, eight unions’ representatives met again at MSBEF office, Mumbai to chalk out the plan of action against the stand of IBA in the matter of initial offer and also on fractured mandate for officers. From our organization, Com.Narendra Kotiawala Deputy General Secretary and the undersigned participated in both the sessions of meetings. We made it clear that in the small committee to be constituted to decide the scheme of Insurance backed hospitalization, shall consist of one representative from each unions, as in the past, in the initial stage of introduction. In the communication to be addressed to the Government, there should be a clear mention about the fractured mandate and also the proposed date of strike.

 

9.         At the end, it has been decided to write to the Government about the attitude of the IBA on initial offer and also the issue of mandate. The centralized demonstration should be held at all centres on 9th May,2018. Depending upon the response from Government of India, two days strike will be declared.

 

10.       Comrades, as the moves of Team IBA is not only irrational, unscientific and unsatisfactory, but also insulting one, we have been pushed to the walls to resort to the path of agitation. United Struggle is the only way forward to achieve the reasonable wage revision. Move on to mobilise the entire workforce in the Industry to express our collective resentment against the approach of IBA on initial offer and also mandate issue  to Government of India and IBA.

 

Yours comradely,

 /S.NAGARAJAN/

GENERAL SECRETARY


Circular letter No.2/VII/2018

April 20, 2018

To:

ALL UNITS / STATE COMMITTEES

Comrades,

FROM THE PAGES OF HISTORY

EVEN TODAY IT IS RELEVANT

The first trade union of Bankmen of pre independent of India completed seventy two years of purposeful existence.  AIBEA, a trade union, par excellence true to the saying stood test of times as an effective instrument for a social change.

The foundation conference held on 21st April 1946 at Kolkata AIBEA adopted 15 resolutions in all, out of which same of them are reproduced hereunder.

“Resolved

Ø  That all Bank employees do exert themselves and exercise their influence to build up strong and healthy unions or associations all over India.

Ø  That all employees of Banks and Banking Institutions in India be granted privilege and casual leave at least according to fundamental rules as laid down by the Government of India.

Ø  That a minimum starting salary of Rs.75/- [seventy five] must be given to each employee of Banks in clerical cadre and Rs.40/- [forty] to each employee in subordinate – non clerical cadre all over India together with a reasonable dearness allowance and an annual increment of not less than Rs.10/-[ten] and Rs.5/- [five] respectively.

Ø  That the working hours of a Bank employee must not exceed seven hours a day [including one hour’s respite for Tiffin]

Ø  That Banks all over India must make provisions for Provident funds, Gratuity and or Pension for their employees.

Ø  That the security of service of Bank employees all over must be fully assured.

Ø  That the central committee be directed to start and organise co-operative societies for the benefit of the members of the All India Bank Employees’ Association.  This conference, therefore, urges upon the Government to introduce rationing all over India and upon the bank authorities to arrange for the supply of food stuff at concessional rates to their employees specially at those places where rationing has not yet been introduced.  The conference requests the Bank authorities to increase the dearness allowances so as to bring it at part with the amount paid by the Central Government.

Ø  That the central committee be and is hereby directed to move the different bank authorities to provide free medical aid to members of the staff.

Ø  That a fund be created by raising subscriptions and donations for helping the distressed employees and specially those who may loose their service for trade dispute ie; for their union activities.  The central committee be requested to take up this work immediately.

Ø  That the central Government be move to so frame the proposed Banking Companies Act as to make provision for co-option of at least one director in the Board of Directors from among the employees who will be an elected representative without the requisite qualification of a shareholder”.

The plight of Bankmen in the matter of minimum Basic pay for the workmen with Dearness allowance coupled with demand for leave speak volumes of “agony” and ‘torture” undergone by the elders of yester years.  Besides the demand for service condition, the foundation conference also demanded representation in the Board by a “non-shareholder” of the Bank.

From 1946 to 1966 took twenty years to win the Bipartite to lay the road for development in the service conditions.  It took nearly 26 years to win the right of representation in the Board of the Bank.

The achievements are on account of the selfless service and sacrifice made by the countless membership during the period of 72 years.

Struggles mean sacrifice.  Nothing has been achieved without suffering and sacrifice.  Great philosopher Socrates was completed to drink poison.  Galileo was exited.  Jesus Christ was crucified.  In our times, the Father of the Nation was shot dead.  All for what?  For speaking the truth and initiating the steps for the progress of man and mankind.

We lost the jewels of the movement Com.Prabhat passed into history while returning from Nizambad after inaugurating the then State Bank of Hyderabad Employees conference.  We lost the leader Com.H.L.Parwana, an officer at the age of 52, who lived for others and who was charge sheeted for organising the Trade union in Banks.  Com.Dada, who took the first and giant step a demanding action against loan defaulters on 4th September 1997 was faced with court case by a corporate entity.  He too passed into history while he alighted in the escalator at the airport on 02.05.2003.  AIBEA was shaped as an instrument with courage and conviction by leaders from almost all States.  The list is limitless.

While we draw inspiration to shape our future from the elders, the slogan of “one for all and all for one” coined and championed by late Com.P.K.Menon the founder General Secretary of AIBOA, who was commending the respect fro more than 3 decades in the State Maharashtra, has to pursued and promoted.

To the present workforce, it is relevant to quote:

“When you go home     Tell them of us         And also tell them     For their tomorrow     We gave today….”

While greeting AIBEA on 73rd Founding Day, the slogan of
 “Unity, Struggle and Progress” shall be truthfully implemented 
to secure the interest of the Nation, Institution and lastly the individual.

Yours comradely,
/S.NAGARAJAN/

GENERAL SECRETARY

====================================================================================================

CIRCULAR No.6/VII/2018  
30th March,2018

To:

ALL UNITS  / STATE COMMITTEES

 

Dear Comrades,

QUANTUM OF GRATUITY ENHANCED FROM RS 10LACS TO Rs.20 LACS.

DATE OF EFFECT : 29-03-2018.

The Seventh Pay commission introduced with effect from 1.01.2016 recommended the revised quantum of gratuity payable to Government Employees was Rs 20 lacs. The Central Trade unions, even prior to the VII pay commission recommendations, have collectively demanded the enhancement of Gratuity, as one of the demand, in the charter of demand submitted to Ministry of Labour, Government of India.  There were two days Nationwide strikes in 2015 and 2016 by Central Trade Unions, in which AIBOA and AIBEA, participated in full measure. The Charter of demands submitted to IBA too included the enhancement of Gratuity.

The nine constituent’s strikes  on 28-02-2017 and 22-08-2017, focussed the issue of Gratuity enhancement along-with other issues haunting the banking workforce, in the background of demonetisation exercise by Banks. The pressures exerted by the workers belonging to all walks of life made the Central Government to concede this demand along with the Maternity leave of 12 weeks to 26 weeks.

To give the legal status to the Gratuity bill, the  laid down procedures were undertaken by the Ministry of Labour, Govt of India viz, Cabinet approval, Presentation of the Bill in both houses of the Parliament , President’s ascent, consultation with Ministry of Law and finally the issuance of Gazette notification by Labour Ministry. The exercise was completed and accordingly the date of effect of the Amendment to Gratuity Act was from 29th March 2018. The maximum quantum under the Act is Rs.20lacs.

In the past also, when the Government employees got the enhancement from Rs 3.5 lacs to Rs 10 lacs with effect from 1.01.2006, the employees governed by Payment of Gratuity Act 1972 were given the benefit from 24th May,2010.

The Gratuity under Act or the under Officers’ Service Regulations, whichever is higher is payable to the officer employees with effect from 29th March 2018.  AIBOA places on record its appreciation for the efforts and initiatives taken by CTUs more particularly AITUC in realising the demand from the unwilling hands of the owners as well as from the present Government.

With greetings,

Yours Comradely,

S.NAGARAJAN.

GENERAL SECRETARY.

==================================================================================================== 

Circular No.5/VII/2018

February 28, 2018

To:

ALL UNITS / STATE COMMITTEES

Dear comrades,

v  Fight against the clause of “Discharge simplicitor” in Karnataka Bank by our affiliate

v  “Signature campaign a massive success” near 100% participation

v  AIBOA demands action against Private Sector Banks – “Gitanjali Gems”

We have informed earlier, through our Circular, the action of the Karnataka Bank management to terminate a young officer, having a service of 4 years and qualified as B.E., M.B.A., for the reason of “Under performance”.  He was a relationship officer in the Bank.

2.         Members of “Karnataka Bank Officers’ Organisation” [KBOO] a 100% membership organisation, at various centres assembled voluntarily and exerted pressures on the leadership of KBOO central office to draw the plan of actions against the moves of the management.  True to the principles of “TU ideology”, KBOO convened an urgent CC at Mangalore on 11.02.2018 with a single agenda – “withdrawal of the termination order served on Com.Shravan Kumar”.  It is heartening to note that all the 42 CC members attended the meeting and in one voice expressed that the management action needs to repulse back as the termination was an unacceptable one.  CC further authorised the General Secretary KBOO to chalk out the plan of actions in higher form, if need be depending upon the developments.

3.         It is heartening to note that nearly the entire membership affixed their signature in the memorandum addressed to M.D. with an appeal to withdraw the termination order.  The Office bearers stationed at Mangalore met the M.D. on 23.02.2018 and urged him to receive the memorandum signed by the 2700 members.  The M.D. of the Bank refused to receive the memorandum of 2700 members, but received the letter addressed by KBOO.

4.         The Bank, which is in process of undertaking the “transformation” exercise by engaging an external agency, prefers to reject / receive the humble appeals of 2700 officers.  This is happening at a time when the Bank has crossed a business mix of Rs.100000 crores .  Officers are considered as a Brand Ambassador of the Bank !!!    The growth trajectory is because of the Officers in the Bank.

5.         AIBOA has urged upon the Government of India to direct the Reserve Bank of India to initiate action against the new generation Private Sector, a consortium leader with the participating Private Sector Banks, who have lent money to “Gitanjali Gems”.  The recent directive needs to be enlarged.  It can’t be restricted to Public Sector Bank alone.

Comrades of Karnataka Bank, you are on right path.  You are pursuing the path of programmes on “Ahimsa” way.  Keep the organisational activities in proper tune and prepare the members for a long drawn struggle.

AIBOA stands with you in full measure, as the tool used by the management needs to be blunted immediately.

With greetings,

Yours comradely,

/S.NAGARAJAN/

GENREAL SECRETARY
====================================================================================================

Circular No.4/VII/2018

February 26, 2018

To:

ALL UNITS / STATE COMMITTEES

Comrades,

NINE CONSTITUENTS MEET AT CHENNAI

23.02.2018

Keeping in view the fast forward developments in our Industry, an urgent need was felt to take the stock of the situation by holding a meeting of the nine constituents at Chennai on 23.02.2018 at 14.30 hrs at Tarak Illam, Nungambakkam, Chennai.

The meeting was presided over by Com.K.K.Nair, Chairman, UFBU.  Our organisation was represented by Com.M.A.Srinivasan, Deputy General Secretary, and Com.G.Gunasekaran, Treasurer besides the undersigned in the meeting.

Com.S.K.Bandlish, Convenor [Off.] presented in brief the background and necessity to meet on an urgent basis.

The meeting observed two minutes silence in the memory of past UFBU Convenors, Com.S.R.Sengupta, Com.P.Lakshminarasaiah and Com.S.R.Bal [BEFI] a time tested leader of Bank Employees movement.

The minutes of the meeting held at Mumbai on 06.02.2018 were read by Com.S.K.Bandlish and the same was confirmed.  In the background of resorting the programmes of actions culminating in a direct action on 15.03.2018 and the unexpected developments in PNB , it was decided to defer the direct action on 15th March 2018, to realise the demand of “wage revision for all” in our Industry.

It was also decided to prevail upon the IBA authorities, who had cancelled the meeting on 21.02.2018 due to exigencies of the administration, to convene the meeting at the earliest, as the rank and file are restive.

Further it was also decided to conduct a “Dharna before Parliament” on 21.03.2018 to draw the attention of the authorities at the Government level, to expedite the investigation and also take stringent action erring staff and also not to come under pressure of CII and “Assochem” in the matter of “ownership of the Banks”.

To highlight our concern in the recent developments, it has been decided to conduct press meet at all State Capitals between 5th March to 10th March 2018.

Subsequently the four officers’ organisations met separately and decided to take up with CVC on the advisory on transfers as well as with RBI on the recent instructions on classification of advances.

A communication addressed to CVC on transfers was sent by four officers organisations on the same day.

Securing the job” and “jobs security” are the slogans as the forces are awaiting to destabilise the Public Sector character of Banking in India.

Please adhere to the programmes of action in each State without fail.

Yours comradely,

/S.NAGARAJAN/

GENERAL SECRETARY  

====================================================================================================
Circular No.3/VII/2018

February 14, 2017

To:

ALL UNITS / STATE COMMITTEES

Comrades,  

OUR ORGANISATION AND

 IT’S 38 YEARS OF PURPOSEFUL EXISTENCE

In the background of the recommendations of Bhoothalingam Committee on Dearness Allowance pattern coupled with other issues like non settlement of wages for workmen due to black days of emergency of nearly “2” years and implementation of standardisation of wages amongst “Public Sector Banks” through Pillai Committee recommendations, made the first and foremost trade union of pre independent India, took a historic decision of resorting to “indefinite strike” in the Banking Industry along with AICOBOO led by Mr.L.V.Subramaniam.  At the last moment, when these preparations were at a high pitch, the then AICOBOO,  backed out at the instance of Government – IBA combine.  From the history, once the decision is taken, AIBEA never looked back, it has gone forward only.  Thus, the organisation, which had prospective vision of building the nation, Banking Industry and seeing the welfare of the workforce compelled to draw a plan of action to form a trade union of officers, having ideological orientation as that of the members of AIBEA, thus the emergence of AIBOA on 14.02.1981 at orange city, Maharashtra.  Com.Prabhat Kar, President, AIBEA in his presentation in the foundation of conference visualised the future crisis as under:

“To the members of AIBEA and AIBOA, I only want to say that ours is a class organisation and where the class interests have to be safe guarded, militantly and unitedly fighting against all the class enemies in whichever form they come.  Unity is the only way out and with that unity we shall over come all the attacks that will be launched and attempted to be launched by the employer as a whole.  It is coming to be immediately attended.  I can assure you, that AIBEA and AIBOA will not only move together, we shall face all attacks together, and we shall win and win.  That will be ours”

Further, the concluding remarks in the foundation conference of AIBEA late Com.Tarakeswar Chakraborti, General Secretary, AIBEA still relevant in our Industry:

“A strong AIBOA makes AIBEA stronger – Build up a strong AIBOA”.

Officer in the Banking Industry in the country unite.  You have nothing to lose except your sense of fear, helplessness, vulnerability and you have everything to gain.”

The founder General Secretary of Com.P.K.Menon, expressed his assessment of our role as:

“In the long run AIBEA and AIBOA alone can take the Bank employees to greater achievements and progress as historically both the organisations, its objectives, its philosophy and its principles are one and the same”.

The stormy leader in our movement and a loveable leader late Com.RJS in his assessment of the development in the Industry expressed that:

“ Unity in thought

Unanimity in decision

United in action

Succeeds and succeeds eternally

With the abounding involvement of rank and file

Led by an endearing leadership”

If we collectively take the essence of their expressions spreading over a period of nearly 3-1/2 decades, we have performed to our best of our abilities and also in the given opportunities.  Ours is the only organisation, submitted the complete details of Bad loans to the then President of our Nation, demanding corrective actions on all concerned.  But the space to be covered is enormous to secure the dignity and self respect to officers in the Industry, where the challenges are plenty and job roles are undergoing changes in quick succession..

To conclude:

“The woods are lovely, dark and deep. 

But I have promises to keep and miles to go before I sleep”.

With Founding day greetings,

Yours comradely,

/S.NAGARAJAN/

GENERAL SECRETARY

====================================================================================================

 

IN MEMORIUM

COM.T.R.VERMA SECRETARY AIBOA

SLEPT FOREVER-

HAS BECOME PART OF TU HISTORY,

Com.T.R.Verma, Secretary, AIBOA, breathed his last on 10th February,2018 at Medanta Hospital Gurugram (Haryana) around 11.30 A.M. He was ailing and bounced back to normal trade union activities. He attended our first secretariat meeting at Pune, in the second week of December 2017.

He was leading the AIBOA movement in Punjab National Bank as a General Secretary of All India Punjab National Bank Officers’ Federation (2012 to 2015), working President of AIPNBOF(2015-2018), and Zonal Secretary of Punjab National Bank officers Association Haryana- Chandigarh Zone.

By virtue of his organisational quality, he was the in the AIBOA Secretariat as Secretary from 6th National Conference held in Chennai in December,2011 till date, besides the responsibility to head the Harayana State Committee in an effective manner. With all trade union issues on co-ordination etc, he had never missed to hold the twin banners as apple of an eye. He was one to project that any attack on officer community, irrespective of the affiliation, has to be repulsed back to preserve the dignity and self respect. Late Ajay Sehgal , a Chief Manager, ill treated for not succumbing to the pressures of circle management to consider some of their directions, Com. T.R.Verma escalated an agitation at bank level and also at Twin banners level and established that Administration cannot brush aside the feelings of the grass root level officers of the Bank. He was the one who projected the fight against the double Standards and discrimination in the matter of departmental actions in PNB and held a massive Dharna in front of the then Head office Bank and subsequently remedial actions were initiated by the Bank. 

He was born in tiny village Toderwal (Patiala) on 01.03.1955, and retired from the bank as a Scale III officer, realising his commitment to TU movement, on his own he did not opt for higher promotion. He left behind his wife, one son and two daughters. On his becoming part of the history, the family members are poorer, and also members and comrades of AIBOA ,team of office bearers too. The void created is unbridgeable.
                                                                 COM. T.R.VERMA AMAR RAHE, AMAR RAHE.
Yours in grief

 
/S.NAGARAJAN/
GENERAL SECRETARY                                                                                 
                                                   12.02.2018

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Circular No.2/VII/2018

February 12, 2018

To:

ALL UNITS / STATE COMMITTEES

Comrades,

AIBOA EXTENDS TOTAL SUPPORT

TO  KARNATAKA BANK  OFFICERS ORGANISATION.

In the Banking Industry, a new experiment is being attempted in the name of ‘transformation’ exercise, as per the advice of ‘external Experts’ by paying substantial compensation to them. This exercise is nothing but concentration of power at the corporate office, thus role of bank branches become certainly irrelevant. Such exercises, wherever attempted by the Banks, the performance of the banks suffered an irreparable loss of image, huge expenditure besides business nose diving seriously. One of the normal recommendations of the experts is to dismantle the bipartite apparatus, a time tested one for the past four decades. Change in the HR policy and resolution of the issues through bipartite system are the main subjects for the external experts. Instead of enhancing the theme of participative system, the attempts are afoot to reverse the system and bring back the old system of master” and “servant”.

2         In Karnataka Bank, recently, an officer promoted from clerical cadre, who has put in 4 years of service, qualified as B.E and MBA and aged 30 years stood terminated in the Second week of Jan, 2018, under the specious plea of UNDER PERFORMANCE. He was designated as Relationship Officer (Scale I) who used to get the business leads, which are to be converted at the branch cluster level as a debtor or a creditor.

3        Karnataka Bank, which has crossed a business mix of Rs 1,00,000 crores in its 94 years of journey, as  a old generation private sector Bank, has resorted to ‘discharge Simpliciter’ exercise, which is consistently opposed  by unions i.e. Para 536 of the Sastry award. The method adopted by the management of the Bank has kick-started new type of dissatisfaction and reflections are nothing but ‘trust deficit’.

4        Our affiliate, KBOO, with 100% membership held its managing committee at Mangalore today participated by 42 members of the committee.  Preceding to this meeting, a mass meeting was held at Mangalore on 10.02.2018 in which 375 members participated. Com. V.Ramabhadran, Secretary, AIBOA addressed the mass rally and extended total support of AIBOA to KBOO and its members.

5        The CC in one voice authorised the General Secretary to take forward the programmes of actions, depending upon the developments culminate the same with direct action, if need be. While addressing the CC by the undesigned any attack on the dignity of the officer, shall have to be fought back and AIBOA stands totally with KBOO in getting the issue of termination resolved.

 

KBOO MARCH ON !

UPHOLD THE PRINCIPLE OF ONE FOR ALL AND ALL FOR ONE !!

AIBOA STANDS FOR DIGNITY AND SELF RESPECT

FOR THE OFFICERS COMMUNITY !!!

 

We extend total support to comrades of KBOO in full measure.

Yours comradely,

/S.NAGARAJAN/

GENERAL SECRETARY

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Circular No.1/VII/2018

January 8, 2018

To:

ALL UNITS / STATE COMMITTEES

Comrades,

v SAVE BANKING INDUSTRY

v JOINT SIGNATURE CAMPAIGN

v TARGET – ONE CRORE

 

The present Government at the centre with the focussed approach is targeting the “main nerve centre” of economic activity of our Nation [ie] our Industry, to carry out their plan of actions. Some of them are  -  broadly;

1.    INFUSION OF CAPITAL TO BANKS:

The Government conceded our demand but they are attached the conditions of reforms [ie] consolidation through mergers etc.

2.    RECOVER THE BAD LOANS THROUGH STRINGENT MEASURES:

In order to silence the strong voice of the people at large, an amendment to Banking Regulation Act – “Insolvency and Bankruptcy code” was brought in.  12 top accounts amounting more than Rs.2,52,000 crores is pending before National Company Law Tribunal[NCLT] for adjudication.

Through the NCLT total money will not come back to the Banks but accommodation of the big defaulters would certainly take place.

3.    ACCOMMODATION OF THE BAD LOAND DEFAULTERS AND PENALISE THE COMMON MAN / DEPOSITORS:

The earning to a financial Institution is mainly through lending operations.  When the bad loans are increasing, earnings are declining.  To cover the future loss, the exercise of provisioning is taking place.  Small depositors are to be paid increased rate of interest, to encourage the savings.  But the present position is not favourable to small investors.  In the name of non-maintaining the minimum balance in the accounts, depositors are penalised by levying charges and the income earned through this method is more than the real banking transactions.

4.    BRANCH EXPANSION IS THE NEED OF HOUR NOT BRANCH CLOSURE:

We have proved that the favourite issue of “financial inclusion” has been brilliantly implemented by Bankmen across the country thereby nearly 21 crores of accounts have been added with a total deposit of over Rs.70000 crores.  We need branch expansion to cater the requirements of the common people of this country.  At this point of time, Government is seriously pursuing the issue of mergers of Banks.  5 Associate Banks mergers with SBI had already led to closure of 1000 branches .  Further 200 to 300 branches, SBI is planning to close down.

5.    WITHDRAW FRDI BILL:

Untimely introduction of the bill by the present Government has kick started the flight of Bank deposits to mutual fund.  Leading Bank- SBI- has released an advertisement in social media instigating the small investors to invest in mutual funds instead of savings, through Bank accounts.  The “bail in” clause has created sufficient fear and loss of confidence in Public Sector Banks.

Comrades, our Joint signature campaign has to be actively pursued and hit the target of getting the common people involved in the noble tasks of “Saving the Banking Industry” thereby “saving the Nation”.

Plunge into vigorous campaign as the time at our disposal is too short and also precious.

Yours comradely,  

/S.NAGARAJAN/

GENERAL SECRETARY  


 

 

 

14.1.2017