ALL INDIA BANK OFFICERS' ASSOCIATION
March 4, 2014
ALL UNITS / STATE COMMITTEES
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.
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-
February 11, 2014
ALL UNITS / STATE COMMITTEES
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.
January 31, 2014
ALL UNITS / STATE COMMITTEES
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.
January 27, 2014
ALL UNITS / STATE COMMITTEES
- 8th Round talks – Result
- 48 hours strike Revived
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 !!
January 17, 2014
ALL UNITS / STATE COMMITTEES
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.
January 2, 2014
ALL UNITS / STATE COMMITTEES
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,
December 24, 2013
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.
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.
“ It always seems impossible until it’s done ”
December 19, 2013
ALL UNITS / STATE COMMITTEES
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.
December 18, 2013
ALL UNITS / STATE COMMITTEES
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.
Circular letter No.10/VI/2013
December 4, 2013
ALL UNITS / STATE COMMITTEES
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
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.
EncL: draft letter
From: [Unit / SC Address]
Indian Banks Association
6th Floor, Centre 1, email: firstname.lastname@example.org email@example.com
World Trade Complex,
Cuffe Parade, Mumbai-400005
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.
Convener, UFBU, Hyderabad [firstname.lastname@example.org]
AIBOA, Central Office, Chennai [email@example.com]
November 22, 2013
ALL UNITS / STATE COMMITTEES
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.
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.”