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                                                                                                           ALL INDIA BANK OFFICERS’ ASSOCIATION
Circular Letter No.2/VI/2016                                                                                                                                                                    January 25, 2016

TO

ALL UNITS / STATE COMMITTEES 

  Dear comrades,

LOOKING IN THE MIRROR
OWNERS ARE NEVER BENEVOLENT TO WORKFORCE

The industry level wage negotiations have successively established that uniformity in wages to the work force in the Industry. Smallest to largest, loss making bank to profit earning bank are placed at the same position.  The uniformity in wages and service conditions is the fine fabric, which facilitated the bondage amongst the banking workforce.  The "One for all and all for One" the adage suits to the achievements made in the Industry.

The Khandelwal Committee recommendations on wages, service conditions and welfare clearly stipulated that 
        
PSBs to have freedom to negotiate to create a better mix between compensation and Performance; Boards to decide on          
          
bank-specific wage and compensation structure in relation to capacity to pay, profitability, productivity etc and within the
           Government guidelines.Banks to consider variable Pay as major component of wages facilitating the discretion to go in 
           for Cost to company CTC concept”.


In the earlier wage negotiations, there were attempts to bring these factors to play. Collective and sustained campaign against the recommendations had blunted the approach of the Owners and negotiators. These prescriptions are brought in a different form in the GYAN SANGAM Recommendations, which was held at Pune on Jan 2-3, 2015.

The then IBA Chairman, Mr. T.M.Bhasin submitted a report on the issues and progress made on the Recommendations of Working Group, under building a Robust People Strategy for PSBs lays down their clear intentions:

RECOMMENDATIONS

ACTION TAKEN STATUS

PROPOSED  

Move from industry level to Bank level settlement agenda to be pursued

10th Bipartite settlement is reaching its finality and will be in force upto 31.10.2017

The Banks one year before the expiry of the settlement should initiate dialogue to move out of Industry level settlement and negotiate for productivity linked settlement on cost to company basis based on the paying capacity of each bank

Commit to improve operational efficiency to significantly increase P/B through

-improve credit risk management capabilities

-shift to bottom line based targets

-leverage technology to reduce opex and improve productivity

-Develop capital light operating models

Already Banks have robust risk management system for improving the management and operational efficiency.  They have adopted bottom line target based approach for targeted top line growth.  Work is in progress to leverage4 technology to reduce the operational cost, improve productivity as sell as to improve customer satisfaction and convenience.

 

Banks are advised to deliberate the initiatives at the Board level committees and formulate Board approved policies for effective execution.

Rapid re orientation of small PSUs.

-          Re orient portfolio

-          Restructure or consolidate

-          Price appropriately for risk across all products / segments

Individual Banks should deliberate at the Board level and recommended to DFS.

Risk based pricing has been introduced.

 

 

 

 

Implemented and will be further fine tuned

The LIC wage notification has already been released by the Government. There is a departure from the time tested approach that the pattern of settlement and % of increase offered in our Industry are more or less followed in other financial sector branches too.

When the ink has not dried of the present wage revision with some of the issues of hospitalisation scheme hanging in fire of serving as well as Retirees and Record Note on Retirees issues not addressed at all, how come the owners are becoming so benevolent is a million dollar question.

The notification of the Government is to be read, before setting the plan for the next wage negotiations.  When RBI pressure mounts up to cleanse  the balance sheet by March 2017, can the owners be benevolent to workers in this country ?

LET US CAUTIOUSLY PURSUE THE ISSUES as the hidden agenda of the Government is aiming at putting an end to the Industry Level Settlement and put in place the capacity to pay as well as give a final shape to the Cost to Company concept partially brought into stay in the current wage revision.

Yours comradely,
/S.NAGARAJAN/
GENERAL SECRETARY
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Circular Letter No.1/VI/2016                                                                                                                                                                      January 20, 2016

To:   ALL UNITS / STATE COMMITTEES

  Dear comrades,

                                                                                        POWER OF THE UNION CONQUERS ALL
                                                                                        IDBI RETAINED AS A PUBLIC SECTOR ENTITY
                                                                                        GOVERNMENT RETRACES ITS STEP

  IDBI, a developmental financial Institution, founded in the year 1964, as an extended arm of RBI in the initial stage and subsequently came under the total control of the Central Government.

  In the year 2004, IDBI Bank Pvt. Ltd., employed contracted workforce, had a reverse merger with the DFI-IDBI, pushing the DFI to entangle with commercial Banking operations.  During the regime of UPA I, the old generation private sector Bank having its headquarters at Satara, Western Maharastra – United Western Bank was merged with IDBI and substantial compensation was paid to the share holders.  Thanks to the political compulsions of UPA I to avoid the liquidation of UWB in the year 2006.

  The then Finance Minister of the Country, while folding up the discussions on the floor Parliament in the 2003, categorically informed that the Government holding in IDBI, will not be below 52%.  As on date, IDBI is considered to be a laboratory to carry out the experiment the various options of the Governments of the past as well as the present.  IDBI, is governed under the Company law and not under Nationalisation Act 1969/1980.

  Last year, the present Finance Minister and also Minister of State for Finance through print as well as electronic media made Government’s intention clear to mobilise the resources by reducing the Government’s stake in IDBI and push IDBI to private hands.  The oft repeated expressions were loud and clear.  Having sensed the dangerous move of the present Government, the United Forum of IDBI officers and employees under the Covenorship of Com.R.S.Athalye, who is also the Joint Secretary of AIBOA and General Secretary of AIIDBIOA, in due consultation with workmen representatives, unleashed a series of programme, including a day’s strike on 27th November 2015 ie; the next day of the commencement of the winter session of Parliament.  Apart from this, the hasty announcement of reform process in 15 sectors including Banking, after the drubbing in the lections, received at the hands of the People of Bihar in November 2015.

  Hats off to the entire workforce of IDBI, the fine preparation of agitation in various States coupled with determination, made the strike on 27th November 2015, a historic one, led by AIBOA officers.  IDBI working was brought to grinding halt.  The general council meeting of AIIDBIOA was held at New Delhi on 12th December 2015 to review and take forward the further course of programmes.

  While the second phase of agitational programmes were rolled out, the team of office bearers utilised the time gainfully to meet the Parliamentarians of all the political parties at Delhi.  The team worked round the clock literally the whole week.  Sincere and hard works pays.  Shri Sultan Ahmed, M.P. raised the question in the floor of the Parliament.  A categorical reply from the Government on the equity holding including IDBI speaks for itself.

  A sincere and serious step taken by AIBOA backed by AIBEA workforce, made the Government to relent from the hasty move or Privatisation of IDBI for the present.  The unsettled issue of ownership of IDBI has been settled.  As on date, the Government stake is 80% from the earlier stake of 76.5%.

  Red Salutes to IDBI officers and workmen for their steadfast approach in protecting the Public Sector character of the IDBI, in their Nation building exercise.

  Yours comradely,
/S.NAGARAJAN/
GENERAL SECRETARY

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Circular No 2/VI/2016 
January 13, 2016 

Dear Comrades

                                                                                           - DOWN MEMORY LANE 
                                                                         - 30 years of Purposeful existence.
                                                                         - ALL INDIA CENTRAL BANK OFFICERS’ ASSOCIATION (AICBOA) 


All India Central Bank Officers Association, (AICBOA), was founded on the shores of Bay of Bengal on 13th January,1985,at Chennai, by the towering personality Com.Tarakda, the leader of leaders, as per the decisions of the AIBEA, to organise the officers under the banner of AIBOA.

The foundation conference elected Com.A.Sundar Rao, a leader par excellence, who single handedly fought during the emergency regime, from the undivided Andhra Pradesh and Com.V.Krishnamoorthy, the then Secretary of AIBOA, as President and General Secretary respectively. Under their leadership, the first joint talk with the Management was held on 28th Novemeber1985. 

The Mumbai unit was represented in the AICBOA team by Com.M.D.Karnik as Vice President and the under signed , as Joint Secretary. By virtue of locational placement of Com.M.D.Karnik at Mumbai and also of certain organisational requirement ,it was decided by the office bearers in consultation with Com.Tarakda, Com. M.D.Karnik was entrusted with the responsibility of handling the Central Secretariat of AICBOA at Mumbai.

Under the leadership of Com.M.D.Karnik, in the Central Committee held at Hyderabad, it was decided to launch a joint agitation, to realise the demand of union office for AICBOA and also formulation of Transfer Policy for officers, culminating with a one day strike in APRIL 1992. The action programmes were totally backed by AICBEF. The central office management realising the collective strength of both federations, ultimately committed in writing to provide the office space for AICBOA and also to finalise the transfer policy for officers within a defined period. The office premise of AICBOA was declared open by the immortal leader Com Tarakda in the presence of M S.D.Dhopeshswarkar, past president of AIBEA from Maharashtra.

Once again at Hyderabad, in the year 1996 in the CC meeting of both Federations, decided to escalate action programmes to realise the much needed fast track promotion for scale I to II and also to put a halt the abolition of Foreign Exchange officers unilaterally by the management. Transfer policy implementation for Officers was also an another demand. Our decision to kick start the agitation in 1996,fully backed by the leadership of AICBEF, brought a much sought after relief to officers in Scale I and II on 31.7.1996 under the leadership of Com.Rajan Majumdar and the undersigned .The ripple effects of the minutes of understanding arrived at by AICBOA on 31/07/1996 sparked off an agitation by the other officers organisation from 15th August 1996 to 3rd April 1997.The agitation was abruptly withdrawn by the AIBOC leadership of MR.Shantha Raju and Mr.Shanthi Ranjan Sengupta, without involving Mr.R.C.Agarwal in the discussions at all with the Central Bank Management.

Our friend, philosopher and guide, Com.Tarakda breathed his last on 2.05.2003 after returning from Mumbai. The last trade union office visited by him was our AICBOA office at 8th Floor of Chandermukhi Building, Mumbai. He was the force behind our AICBOA growth, and experiment of the philosophy of working together works, the saying coined by the yesteryear leaders of AP STATE Com.C.V.Raghuveer, member preparatory committee for formulation transfer and Promotion policy for officers.

Right from the date of foundation from Chennai till the moving spirit of trade union movement left us in lurch, AICBOA had the equal status in the matter of joint talks facilities, participation in the Business Development meetings with the Bank, leave facility to attend the meetings of the conferences, participation in the Staff welfare committee etc., with the other organisation of officers in Central Bank of India.1985 to 2003were remembered by the officers fraternity in Central bank as golden era. From 18.06.2003,the deterioration in the welfare activities of officers because of the excessive leaning of the other officer organisation with the management emboldened the management to inflict lot of miseries.

Unable to bear the brunt of the excesses committed by the management against the members and Us in the Bank, all the unions under the banner of UFCBU, observed a day strike in Feb 2007 compelling the management to sign a settlement with the striking workforce. The matter of atrocities were brought to the notice of the then Prime Minister DR.Manamohan Singh and the finality could be sorted at. The role of minority unions, were well recognised by the conscious decision of the top management of the Bank.

Under the guise of controlling the TU activities and also cover the large scale lapses of the management in the matter of Bad loans, new Industrial relations policy was adopted by the top management, which was thrust on the all unions without exception. The end result of the new dispensation of the IR norms is taking back all of us to pre independence era/private sector period. Gagging the genuine voice of the Trade Union to realise just and rightful benefits accrued over period of three decades is the move of present management. The worst sufferers of the moves are officers- indiscriminate disciplinary actions, farcical departmental enquiries, withdrawal of facilities to TUs in spite of substantial membership of officers with AICBOA.

Trade Unions are considered as instruments for social change, the saying goes. It is slowly bartered away consciously or unconsciously by the community of workforce.

As AIBOA strongly believes that THE POWER OF UNION CONQUERS ALL, let us pursue the path of sustained resistance movement against the uncalled moves of the management, strangulating the TUs in Central Bank of Ind

THOSE WHO HAVE FORGOTTEN THE PAST SHALL BE CONDEMNED TO REPEAT IT - saying goes.

Yours comradely,
/S NAGARAJAN/
GENERAL SECRETARY
==============================================

02.01.2016
To:
ALL UNITS / STATE COMMITTEES

Dear comrades,

THE LAST LEAF IN THE FIRST GENERATION OF COMMUNIST LEADERS BREATHED HIS LAST TONIGHT AT 20.30 HRS AT DELHI

AIBOA HAS LOST ONE OF THE BEST FRIEND, PHILOSOPHER AND GUIDE IN THIS YEAR

COM.A.B.BARDHAN….RED SALUTES RED SALUTES

Com.A.B.Bardhan, born in 1925 in Sythet [Bangaladesh], plunged into action to champion the cause of voiceless and defenceless common men of this great Nation throughout his lifetime. Joined the All India Student Federation, to begin with, made the way to enrol in the CPI, a banned party in the English rule. During his college days he was a natural choice to lead AISF, in the University of Nagpur. With lot of ordeals, he qualified himself as M.A., LLB.,

He was loved by one and all, from all walks of life. He nurtured the Electricity Employees Trade Union effectively till his last breath. Representing the people of Maharashtra, he was a member of Legislative Assembly for five years term from 1957.

Becoming a member of the National Council of the CPI in 1968, gradually empowered with the duties to handle the affairs of the party as a General Secretary from 1996 upto 2012. Not only he was the natural choice to lead the party, but also the AITUC for a brief period.

Com.A.B.Bardhan, who was a leader of Central Bank Employees’ Union, Nagpur, was the Chairman of the Reception Committee of the Foundation Conference of AIBOA in February 1981, which elected Com.Prabhat Kar and Com.P.K.Menon as President and General Secretary respectively. He was the inaugurator of our Silver Jubilee Conference at Delhi in 2006 as well as in 2011 at Chennai. Late Com.RJS and Com.Alok Khare, Vice Chairman were enjoying best support, guidance and also a helping hand at the time of crisis.

The Trade Union movement as a whole has lost one of the tallest leader, who ceaselessly fought for the people of this great Nation. The void created due to the demise of Com.A.B.Bardhan can never be filled.

AIBOA CENTRAL SECRETARIAT bows with sincere heartfelt feelings on the sad demise of the last leaf in the banyan tree of the communists, who stood for providing voice to voiceless in this Country.

RED SALUTES RED SALTUES
TO
COM. A.B.BARDHAN
Yours in grief
/S.NAGARAJAN/
GENERAL SECRETARY

==================================================
Circular letter No. 15/VI/2015
December 28, 2015

To:
ALL UNITS / STATE COMMITTEES

Dear comrades,

AN UNFAIR DEAL BY SBI MANAGEMENT
AIBOA EXTENDS SOLIDARITY
TO THE STRIKING WORKFORCE ON 08.01.2016

State Sector Bank Employees’ Association [SSBEA] had observed a strike call on 04.06.2015 in five associate Banks [ie] State Bank of Hyderabad, State Bank of Bikaner and Jaipur, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore against the SBI management’s attitude in handling the IR issues hurting the time tested approach of redressal grievance mechanism.

Having experienced the rigid approach of SBI management, the second strike for 2 days was announced on 1st and 2nd December 2015 and the workmen workforce in Public Sector Banks have decided to extend support through solidarity strike on 02.12.2015. Representatives of Labour Ministry advised both parties in the conciliation meeting held at Delhi to resolve the issues through mutual discussions and resultantly the two days strike was deferred. SSBEA had a round of discussion with SBI management on 03.12.2015. The management maintained their stand in the negotiation.

SBI management disregarded the bipartite negotiation and also the sensitive issues involved. The end result of their action is the announcement of strike action on 08.01.2016 by AIBEA men and women throughout the country.

AIBOA, known for its stand right from inception, calls upon the officers not to do any clerical work in all the offices and make the solidarity strike on 08.01.2016 a resounding one.

Altering the working conditions is unjust 
Rights cannot be bartered away 
Bipartite can not be bypassed.

AIBOA extends total solidarity to the entire workforce in Public Sector Banks in realising the demands.

Yours comradely,
/S.NAGARAJAN/
GENERAL SECRETARY

================================================================
Circular Letter No.14/VI/2015
December 18, 2015

To:
ALL UNITS / STATE COMMITTEES

Comrades,

AIBOA WALKS AN EXTRA MILE

TO HAVE THE SMILE IN THE FLOOD RAVAGED VILLAGES - CUDDALORE

AIBOA, our organization is known for its distinct character in identifying with the sufferings of the common people at large. In tune with the demands of the time, ours is the only organization which has established a Trust for the Unorganised workforce in the Country.

The entire people of Tamilnadu are yet to come to terms from the nature’s fury that affected the State in two spells in the last week of November and the first of week of December 2015. Central Government has declared that the damages suffered by the State as Natural Calamity and two doses of relief of Rs 940 crores plus Rs 1000 crores have been released to reconstruct the state against a demand of the State Government of Rs.20000 crores from the Central Government.

Our organization, AIBOA (Tamilnadu State Committee) and Canara Bank Officers’ Union have jointly undertaken the job of handing over the relief materials to the flood affected villages in Cuddalore district. AIBOA team consisting of Com.V.Ramabhadran, Com.D.S.Ganesan, besides the Undersigned, AIBOA(TNSC) team headed by Com.M.A.Srinivasan, Com.Sampathkumar, Regional Secretary, Southern Region, United Bank of India Officers Association, Canara Bank Officers’ Union, led by Com.P.R.Rajagopal, President, Com.C.Ramesh, Secretary, Com.S.Muthukrishnan,Treasurer, Com.R.Balasubramanian, CC Member and Associate members of CBOU, Com.N.Venkataraman and Com.V.Krishnan participated.

The logistics plan were properly drawn by Com.P.M.J. Elangovan Former Officer bearer of CBEU-TN, Com.Sampath, Senior Manager Canara Bank, Cuddalore, Com.Ramalingam (Karaikadu), Com.Elangovan (Palur), Com.V.Globe, Com.Vadivelu (AITUC),Com.Manivasagam, District Secretary, CPI for reaching the relief materials directly to the victims of the nature’s fury.

The victims living in the Villages benefited from our contributions are; Ramanathakuppam, Nochikadu, Palvathunan, Villianallur, Manikollai andAlamelumangapuram. Besides a school run for mentally retarded people EZHUCHI was also provided with 80 relief materials. In all 920 bed sheets and 920 plastic mats were given to people living in the villages based on the Ration Cards possessed by them through the Panchayat union representatives. In all the villages all the representatives wholeheartedly participated in the meaningful exercise.

There is a need to place on record the help extended by the Police authorities from Puduchatiram Police Station, who accompanied us in our visits to the villages to see that the distribution is orderly and without any problems. The best delivery system initiated and planned by Com.S.Muthurkishnan was executed by Com.P.M.J.Elangovan and by Mr.Deva, a volunteer from the office of DSP, Cuddalore were noteworthy and beneficiaries of the relief materials returned with a smile all along.

At the end, there was a small and befitting function to honour the comrades who volunteered to complete the task in the Bank Premises wherein the relief material to EZHUCHI was delivered.

Comrades, Com.S.Murugesan Office Secretary, Com.M.Balasubramaniam, Secretary AICBRF, Com.T.Balakrishnan CBRF, Chennai are directly responsible to procure the materials of genuine and good quality from Erode. Our profound thanks are abundantly due to them.

AIBOA is in the process of wiping out the tears from the flood ravaged victims, a theme dear to Com.RJS the visionary leader.

Yours comradely,
/S.NAGARAJAN/
GENERAL SECRETARY

=======================================================
Circular Letter NO.13/VI/2015
December 15, 2015

To:
ALL UNITS / STATE COMMITTEES

Comrades,

EMOTIONAL SHOCK
  NATURE’S FURY ENTIRE TAMILNADU DEVASTATED

Uninterrupted rain during the first week of December 2015, unprecedented one in this century made the common people of Tamilnadu to suffer a lot. The flash flood added tremendous pressure to the entire community. If we state, the people of Tamilnadu were thrown to winds, it is certainly nothing but a reality.

2. The loss of life reported by the print media is around 400 so far and the State Government has sought a financial help of around Rs.10,000 crores from the centre. Loss suffered by the individuals is too heavy.

At this hour of national calamity and human suffering, our hearts go to victims of the disaster. As the mark of sharing the sufferings of the people of Tamilnadu, we appeal to the Units and State Committees to remit funds generously to the following account through RTGS or by cheque.

“United Bank of India, Nungambakkam Branch – Name: AIBOA Account No. 11960 1010 0823 – IFSC code: UTBI0NUN826”

3. We shall be extending help to the people residing in the villages of Cuddalore District within a couple of days.

Please contribute generously.

Yours comradely,
/S.NAGARAJAN/
GENERAL SECRETARY

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


Circular Letter No.12/VI/2015
November 25, 2015

To:
ALL UNITS / STATE COMMITTEES

Dear comrades,

STRUGGLE LAUNCHED BY SSBEA
A SILVER LINE IN MIDST OF DARK CLOUDS.

Our Organisation has extended solidarity to the struggles launched by State Sector Bank Employees’ Association [SSBEA] culminating in two days strike call on December 1 and 2, 2015, backed up by a strike on 02.12.2015 by workmen employees of other Banks – AIBEA to realise the following demands.

1. 1.Delinking Associate Banks from SBI.
2. 2.Denial of right to represent, in terms of Indian Trade Unions Act 1926
3. 3.Non implementation of Government guidelines on compassionate grounds appointments effective from 05.08.2014.
4. 4.Increase in staff Housing loan quantum and introduction of retrograde career progression policy endangering important issue of jobs and job security.

We have directed our State Committees to coordinate at 5 centres, where the Associate Banks are having the Headquarters to participate in the programmes of actions and on 2nd December 2015, when workmen belonging to AIBEA observe the strike, our members will not discharge clerical jobs in the Branches.

We have information provided by President AIBEA, of which the contents are:

“ in today’s conciliation meeting, management agreed to keep the CPS option letters in abeyance and not to issue further option letters and hold Bipartite meeting on 3rd December with SSBEA. Hence all programmes including strike is temporarily deferred….”

There is a respite to the situation. Opening the doors of negotiation is a welcome sign. Right to represent is a fundamental right of the Trade Union. The right has to be secured by SSBEA, as the struggle was fully backed by ½ million workforce under the banner of AIBEA / AIBOA

AIBOA, while extending its greetings to SSBEA and AIBEA for breaking the impasse, awaits for the successful outcome of the negotiations hoping that fundamental Trade Union right of representation to be secured by SSBEA.

A SILVER LINING IN MIDST OF DARK CLOUDS

With greetings

Yours comradely,
/S.NAGARAJAN/
GENERAL SECRETARY
============================================


IBA:BKS:182:2015
November 19, 2015

To
The Chairman,
Indian Banks’ Association,
Mumbai.

Sir,

REG: INSURANCE BACKED HOSPITALISATION SCHEME FOR RETIRED STAFF.

We draw your kind attention to the 7th Joint Note signed by Four Officers’ Organizations with IBA on 25th may 2015 at Mumbai.

2) In terms of Clause 10 of the Joint Note, the details of reimbursement of hospitalization expenses has been listed out in the annexure IV of the Joint Note.

3) In terms of Clause 5.10 of the appendix I of the 7th Joint Note, there would be a continuity of this scheme / benefits to the retiring officers/ employees and their family and also to the retired officers/ employees and their family.

4) It is hereby reliably learnt that United India Insurance, the service provider has informed the member banks directly that some of the facilities like corporate Buffer, Maternity expenses, Critical Illness cover, Domiciliary expenses, dependents not covered, are not available to the retired employees.

5) Unilateral action by the service provider after the commencement of the Insurance cover w.e.f 1.11.2015 is unacceptable to our Organization.

6) This issue of Insurance backed Hospitalization scheme was piloted by the management during Negotiation and ultimately the issue has been achieved as a part of the 7th Joint Note exercise.

7) Further, in the record note of the discussions between IBA with UFBU on the issues and to the demands relating to the retirees of the Banks held on 25.05.2015, categorically states that, ……benefits of the coverage of this scheme would be extended to retirees also subject to the conditions that the cost of the Insurance premium under the scheme would be payable to retirees”.

8) As there is departure in the understanding arrived at between 4 officers organizations and IBA unilaterally by the service provider independently, Our Organization urges upon the IBA to convene a meeting of all negotiating Unions, on an urgent basis to avoid the avoidable conflicts in the present wage revision exercise concluded in May 2015.

We expect your immediate response to resolve an artificial issue created by the service provider.

Yours faithfully,
/S.NAGARAJAN/
GENERAL SECRETARY