INDIA BANK OFFICERS' ASSOCIATION
February 28, 2018
UNITS / STATE COMMITTEES
Fight against the
clause of “Discharge simplicitor” in Karnataka Bank by our
a massive success” near 100% participation
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
was a relationship officer in the Bank.
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
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.
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
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
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.
stands with you in full measure, as the tool used by the
management needs to be blunted immediately.
February 26, 2018
UNITS / STATE COMMITTEES
CONSTITUENTS MEET AT CHENNAI
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,
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.
[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
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
the job” and “jobs
security” are the slogans as the forces are awaiting to
destabilise the Public Sector character of Banking in India.
adhere to the programmes of action in each State without fail.
February 14, 2017
UNITS / STATE COMMITTEES
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:
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
Further, the concluding
remarks in the foundation conference of AIBEA late Com.Tarakeswar
Chakraborti, General Secretary, AIBEA still relevant in our
“A strong AIBOA makes
AIBEA stronger – Build up a strong AIBOA”.
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.”
General Secretary of Com.P.K.Menon, expressed his assessment
of our role as:
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
Unity in thought
and succeeds eternally
the abounding involvement of rank and file
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
woods are lovely, dark and deep.
I have promises to keep and miles to go before I sleep”.
COM.T.R.VERMA SECRETARY AIBOA
HAS BECOME PART OF TU HISTORY,
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.
virtue of his organisational quality, he was the in the
AIBOA Secretariat as Secretary from
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
UNITS / STATE COMMITTEES
EXTENDS TOTAL SUPPORT
KARNATAKA BANK OFFICERS
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”
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.
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
Our affiliate, KBOO, with 100% membership held its managing committee at Mangalore today participated by 42 members of the
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.
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
MARCH ON !
THE PRINCIPLE OF ONE FOR ALL AND ALL FOR ONE !!
STANDS FOR DIGNITY AND SELF RESPECT
THE OFFICERS COMMUNITY !!!
extend total support to comrades of KBOO in full measure.
UNITS / STATE COMMITTEES
– ONE CRORE
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 -
INFUSION OF CAPITAL TO BANKS:
Government conceded our demand but they are attached the conditions of
reforms [ie] consolidation through mergers etc.
RECOVER THE BAD LOANS THROUGH
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.
the NCLT total money will not come back to the Banks but accommodation of
the big defaulters would certainly take place.
ACCOMMODATION OF THE BAD LOAND
DEFAULTERS AND PENALISE THE COMMON MAN / DEPOSITORS:
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.
BRANCH EXPANSION IS THE NEED OF HOUR
NOT BRANCH CLOSURE:
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.
WITHDRAW FRDI BILL:
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
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”.
into vigorous campaign as the time at our disposal is too short and also