ALL INDIA BANK OFFICERS' ASSOCIATION
ALL UNITS / STATE
RISE AS ONE MAN
AGAINST AMALGAMATION OF BANKS
OBSERVE THE ALL INDIA STAY
ON 26THE DECEMBER 2018
from introduction of new economic policy [1991-93], commencing
from Narasimham Committee I and II recommendations, an
unimplemented agenda is “consolidation of Banks”.
Subsequent to the captioned report, reports after reports
suggest the “consolidation
exercise” should be expedited.
In 2005, Global Trust Bank [GTB] merged with Oriental Bank
of Commerce, on account of external pressure from the owners.
The Balance sheet of Oriental Bank of Commerce carried the
burden of bad loans of the “Global Trust Bank”.
In 2008, it was State Bank of Saurashtra [SBS] a bank
involved in the Securities
with Standard Chartered Bank willingly taken over by the parent
Bank, State Bank of India. The
next one in the line was “State Bank of Indore.” In
2010, SBI acquired the stake in State Bank of Indore a best
performing bank in all parameters – a “mercy killing exercise”.
In April 2017, 5 Associate Banks along with Bharat Mahila
Bank were merged with State Bank of India.
The net result of the exercise is increase in bad loans in
“SBI”, closures of bank branches, 13000 reduction in manpower
on account of branch closures and no fresh recuritment.
is bolt from blue. Bypassing
the Parliament, the “alternative
apparatus had announced the “ amalgamation”
of three Banks ie; Vijaya Bank, Dena Bank and Bank of Baroda on 17th
demonstrations were held by Vijaya Bank Officers’ Union [VBOU]
our affiliate throughout the country.
Nine constituents unions have also stepped up the protest
action in the interim period.
of the constituent Union has requested not to escalate the
programme of agitations upto end of October 2018, hence there was
a restraint on all of us. In
the recently concluded meeting held at Mumbai on 30th
November 2018, it was decided to escalate our
collective resistance through an ALL
INDIA STAY OUT STRIKE ON 26.12.2018 preceded
by the following actions.
Letter to Finance Minister
Sending strike notice to IBA
at all branches
ALL INDIA STRIKE
We advice that the State Committees and
affiliated Units should mobilise the entire workforce in
participating in the programme of actions.
The wolf is already at our
doorstep. Drive it out
with all force at our command, lest the future will not pardon us.
Circular No. 24/VII/2018
December 1, 2018
ALL UNITS / STATE COMMITTEES
Fixed Pay component increased from 6% to
Introduction of variable pay – rejected
Direct Action on 26.12.2018 [Wednesday] opposing the
amalgamation of three Banks
After a gap of seven weeks, yesterday, one more round of talks
on wage revision was held by IBA . Consequent upon the
superannuation of Shri R.K.Takkar, former Chairman, Negotiating
Committee, IBA, Shri Rajkiran Rai.G, MD and CEO of
Union Bank of India
led the IBA team comprising of Shri P.S.Jayakumar, MD and CEO,
Bank of Baroda,
Shri Shyam Srinivasan, MD and CEO, Federal Bank, Shri Prashant
Kumar, DMD, State Bank of
Shri Mukesh Kumar Jain, MD and CEO,
V.G.Kannan, CEO, IBA, Shri G.Rajkumar, Deputy CEO, IBA, Shri
S.K.Kakkar, Sr.Vice President, HR & IR, Shri K.S.Chauhan ,
Advisor, HR & IR besides officials of HR Department. The
representatives of nine constituents participated in the
Chairman, Negotiating committee, IBA while reiterating their
standpoints on their earlier offer, proposed to increase the
offer from 6% to 8% on payslip components. While this will be
made available to all the workforce in the Industry, the
variable pay of 8.2% would also made available [ie;] as per
their earlier presentation, variable pay would depend upon
Return on Assets [ROA] and operating profit. Vijaya Bank and
Indian Bank are the two Banks governed by the condition
the offer of variable pay
in toto, the representatives made an emphatic demand to improve
IBA’s revised offer from 8% upwards. In the same stretch, it
was also placed that the mandate should cover all seven scales
in all Banks. At this point, IBA expressed that the issue of
mandate is not the subject matter before this negotiating
committee. One of the Officers’ organisation has opted out of
the discussion at this point time. The whole exercise came to
an abrupt end.
The meeting of the nine representatives met immediately in IBA
office itself to take stock of the situation due to sudden turn
of events and subsequently at MSBEF office, Fort. Com.Narendra
Kotiawala, DGS, and Com.V.Ramabhadran, Secretary, Convenor,
Wage revision Committee and Com.V.Viswanathan, CC member
participated besides the undersigned. While the time is the
essence of any advancement, it was felt the issue of full
mandate and also wage revision talks to proceed on the parallel
line. At the end of the meeting, the debates were completed,
but with no forward movement on our approach.
17th September 2018, the Government’s decision to
amalgamate the three banks Vijaya, Dena and Bank of Baroda, had
thrown a new challenge to the entire workforce. “Merger of
Banks” is the only unimplemented agenda of Narasimham Committee
I and II.
of Banks in
and 2017 led to pains and strains in the Industry. Closure of
branches, forced exit due to redeployment and closing the door
for new recruitment are some of the main points on the staff
side. Mergers have led to accumulation of bad loans in the
Banks. The demonstrative example before us is SBI -increase bad
Hence it was decided to observe
“ONE DAY ALL INDIA STAY OUT STRIKE” on
26th December 2018,
opposing the amalgamation of the three Banks.
the past controls the future
the present controls the past
November 19, 2018
ALL AFFILIATED UNITS / STATE COMMITTEES
REPRESENTATIVES OF STATE COMMITTEES MEET AT JAIPUR .
decided in the Secretariat meeting held on 13th
October 2018 at Mumbai, to prepare a road map for organisational
actions pertaining to present attacks on Banking Industry –
Amalgamation of three Banks, fresh attempts to bring in the
concept of Variable Pay in the Wage Revision talks and also the
collective decisions of four officers’ organisations on work
-life balance for officers, a meeting of Presidents and General
Secretaries of State committees was held at JAIPUR on 17th
Nov,2018 along with the members of secretariat.
The meeting was presided over by Com. Alok Khare, Vice
Chairman AIBOA and subsequently joined by Com. Vinod Bakshi,
Vice President AIBOA. At our invitation, Com.Mahesh Mishra,
General Secretary, Rajasthan Pradesh Bank Employees’ Union
attended the meeting.
The leave of absence was granted to
Com.A.N.Suresh,President, Com.P.K.Bharuch, GS.AIBOA- Assam State
Committee Dr.Kumar Arvind, GS AIBOA - Bihar State Committee,
Com.Sanjay Khan, President AIBOA-Delhi State Committee and
Com.Sadhan Das, GS AIBOA-Jharkhand State Committee
The meeting commenced at 10.40A.M., with the brief
address outlining the purpose of the meeting by the General
Secretary and emphasised the focussed presentation on the
issues listed out in the communication already circulated to the
State Committees. The role of State Committees in enlarging the
activities with particular reference to the present crisis in
the system as well as the wage revision issue was placed to the
participants for a meaningful debate. The circulars issued by
the central office of AIBOA need to be reproduced by the State
Committees with copy marked to AIBOA.
Com.Mahesh Mishra, General Secretary, RPBEU, addressed in a
brief presentation, the attitude of the SBI management towards
erstwhile SBBJ staff members and also the change in the
behaviour of the representatives after the merger with SBI. The
direction of the court in deducting the subscription, non
provision of the list of members from whom the subscriptions are
deducted and direct attack on trade union by SBI were some of
major pains inflicted on TUs. The health of SBI, every-body
knows, from the print media that in 200 years history SBI, it
booked loss for the first time after merger of 5 Associate
Banks. There is a need to conduct an independent study about
the mergers carried out in the past to decide the same for
future growth of the economy.
The meeting was participated by 16 state committees’
Presidents and General Secretaries, representative from AIDBOU,
President and General Secretary of KMBOA besides office bearers
of AIBOA –Rajasthan State Committee, the host. In all 21
representatives from the states, they presented their view
points on the issues listed out. Com.Lokesh Mishra,
representative of DBOU Rajasthan and Com.S.A.Sridhar, Vice
President of AIBOA shared their expressions on pains and gains
of merger respectively and also the steps that are to be
initiated were presented by them.
After the deliberations, the decisions
were arrived at :
Merger of three Banks:
The pains of merger will have to be explained to staff members
through cluster meetings; The problems relating to the customers
particularly pertaining to interest rate structure, availability
of services because of long relationship are also to be
explained through a leaflet in vernacular languages; Approaching
the peoples representatives in the respective states mainly and
others through available communication channels and all other
avenues to focus the issue. Due to Bad loans and the
ineffectiveness of the authorities leading to the present stage
are to be brought to the notice of Public at large. The poster
campaign launched by our organisation has to be completed
immediately by the rest of state committees without any further
With the present
attitude of the Bankers on fractured mandates from five Banks
and new proposal of variable pay based on ROA and Net profit.
The situation is really challenging. The nine constituents are
to respond to the situation very effectively and immediately.
The need to raise the level of preparedness of the Officers to
fight back the tendencies of the Bankers was discussed. The
situation is pointing towards the direct action of the affected
workforce in the Industry which is becoming inevitable.
Work Life Balance:
The programme launched on 02.10.2018 of not responding
to the calls of the management from 20.00hrs to 08.00 hrs by
officers needs to be escalated by the State Committees and also
by the affiliated units on a continous basis, as the same is
Strike in Jan 2019:
The representatives were
expressing the viewpoints on the strike call given by CTUS on
the present status of the economy as well as the misrule by the
Government. However, appropriate decision will be taken by the
Secretariat depending upon the circumstances in due course.
As there is a
repeated insistence on the conflicting interest between the
State Committees and All India Bank wise Federations in the
matter of remittance of subscriptions to state committees, wage
revision levy and also on representations in the All India Body,
it was proposed to have a specific reference to a committee
consisting of the senior comrades in course of time.
Notwithstanding the problems faced currently on account of
transfers, there is an imperative need to establish the District
Committees and raising the financial support is also an
essential exercise which should not escape the attention of the
organisers at State level.
Vote of thanks:
Com.M.A.Srinivasan, Dy.Gen.Secy, AIBOA profusely thanked the
office bearers in general and Com.N.K.Sharma Gen Secy, AIBOA-RSC
in particular for the excellent arrangements made to transact
the issues listed in the Agenda by providing excellent ambience
in a short time by co ordinating with all State Committees to
make the exercise more meaningful and purposeful in content.
Further the electronic media coverage, in spite of the elections
in the State was impressive and also fine.
Onward march to build the organisation at States and at All
India Level with preparedness to face emerging challenges in the
October 14, 2018
ALL AFFILIATED UNITS / STATE
WAGE TALKS WITH IBA – ONE MORE MERE ROUTINE EXERCISE.
IBA has invited the nine organizations for a meeting at Mumbai
on 12th October 2018 at 12.00 noon.
Preceding the meeting with IBA, on 11/10/2018, four
officers’ organizations met at INBOC office at 4.45pm, to decide
the collective and consensus approach of the organizations on
IBA’s proposal of introduction of variable pay in one form or
other in the present discussion itself. Amongst us, it has been
decided to prioritize the issues: 1. Fractured Mandate; 2.
Merger of Banks; 3.Expeditious conclusion of wage talks and
4.Focus on core banking activities and stop misselling of third
party products. There are other issues like up-dation of
pension, Family Pension and Recruitment of adequate workforce in
the Industry. AIBOA was represented by Com.V.Ramabhadran,
Convenor, Wage Committee, Com.V.Viswanathan President, AIBOA
(MSC), along with the undersigned.
The representatives of the nine constituents met in the
IBA office as per the requirements of the situation by preponing
the meeting scheduled to be held on 14th at Mumbai to
12th at 09.30 hrs, at IBA office. AIBOA was
represented by Com.Narendra Kotiawala, DGS, Com.V.Ramabhadran,
Secretary, AIBOA along with the undersigned. The meeting
commenced a bit late but the decision was unanimous on
rejecting the proposal of the IBA on introduction of fixed and
variable pay as part of current wage talks. On Merger of three
banks, the discussions were inconclusive, as the time scheduled
for discussion was at 12.00 hrs.
4. The IBA team was led by Shri. G.Rajkiran Rai, MD&CEO
Union Bank of India, Shri.Prashant Kumar, CFO, SBI,
Shri.V.G.Kannan CEO IBA, Shri.B.Raj Kumar Dy.CEO IBA,
Shri.S.K.Kakkar Sr.Advisor HR&IR IBA, Shri.K.S.Chauhan and other
officials of the HR Department participated in the exercise.
Shri. R.K. Takkar Chairman Negotiating Team IBA, MD & CEO UCO
Bank, and Shri Shyam Srinivasan MD&CEO Federal Bank were on
Video Conference mode. The nine unions’ representatives were
present in the discussions.
In the 90 minutes exchange of expressions between both
parties came to an end with the following candid collective and
consensus conclusions from 9 unions side to the IBA stand.
IBA’s earlier offer of 6% on Pay slip Components made on 30th
JULY 2018 should be enhanced substantially.
Introduction of linkage of Pay with Return on Assets[ROA] and
also on Operating Profit has been rejected in toto.
The managements of SBI,BOB,PNB, UNION BANK AND INDIAN BANK
should be prevailed upon by IBA as per the advice of CLC to
revise their stand to cover all seven scales, as in the past.
It has been also made clear that there is every
possibility of entering into confrontation mode because of the
rigid approach of the IBA.
In the post lunch session, the adjourned meeting of the
nine constituent unions commenced to transact the remaining
issues for arriving at a decision. The representatives of INBOC
and NCBE too expressed their organizational stand on merger of
Banks. At the end, it was decided to escalate the resistance
level in a gradual and sustained manner by the unions
culminating in two days strike in the winter session of the
In our assessment, struggles are the only available
avenue to move forward to secure a reasonable wage hike, as the
workforce collectively worked to give a substantial gross profit
in the year ended 2017 and 2018.
ONWARD MARCH TO STRUGGLES AGAINST THE MERGERS ,
FRACTURED MANDATE AND
RESPECTABLE WAGE REVISION
LINKING TO RISK, RESPONSIBILITY,
ACCOUNTABILITY AND TRANSFERABILITY.
INDIA BANK OFFICERS’ CONFEDERATION
INDIA BANK OFFICERS’ ASSOCIATION
INDIA BANK OFFICERS’ CONGRESS
NATIONAL ORGANISATION OF BANK OFFICERS
INSURANCE BACKED HOSPITALISATION SCHEME
refer to the IBA’s Health Insurance Policy renewed by the member
banks, as advised by you after negotiating with UIICL, for the
year from 01.10.2018 to 30.09.2019. We understand that in the
renewed policy, the insurance company has reduced the Room Rent
/ Bed Charges ceiling from Rs.5000/- to Rs.4000/- per day.
will appreciate that the officers are eligible for the
hospitalization facility in terms of the Joint Note dated
25.05.2015 signed between the IBA and the four Officers’
organizations. As per the said Joint Note, the officers are
eligible for reimbursement of Room Rent / Bed charges upto
Rs.5000/- per day, the natural sequel of which is the
eligibility for the class of treatment attached to the eligible
class of room.
true that in the meeting held on 14.09.2018 IBA had proposed to
reduce the Room Rent ceiling from Rs.5000/- to Rs.4000/- per
day, as IBA had felt that all other hospital charges are linked
to room rent and if room rent eligibility is reduced to
Rs.4000/- per day all other expenses relating to hospitalization
would automatically reduce there by reducing the insurance
claims and the claim ratio. We did not give any consent to the
IBA’s proposal on that day.
Subsequently vide our letter dated 18.09.2018, all the four
Officers’ Organizations informed you that the IBA’s proposal is
not acceptable to us and we are not agreeable to any reduction
in Room Rent / Bed Charges. Hence we are surprised that in spite
of our said communication, IBA has gone ahead with reducing the
Room Rent / Bed Charges ceiling from Rs.5000/- per day to
Rs.4000/- per day for officers also.
will appreciate that by reducing the Room Rent ceiling, you are
not merely reducing the hospitalization bill but you are
basically reducing the eligible class of treatment for the
officers. Hence the reduction of Room Rent / Bed Charges ceiling
to Rs.4000/- per day for officers is not acceptable to us.
mentioned by us in the letter dated 18.09.2018, till 10th
Bipartite settlement the officers were eligible for Room Rent /
Bed Charges upto 125% of the eligibility of award staff and
thus were eligible for higher class of treatment. In 10th
Bipartite Settlement, the workman were made eligible for the
Room Rent at par with the officers there by providing them the
same class of treatment as applicable to the officers. The
increase in the hospitalization bills, which is the reason given
by IBA for suggesting reduction in room rent, may be due to the
decision of IBA to provide medical facility to the workman at
par with officers in 2015.
we do not have any grouse against providing medical facility to
the workman at par with the officers, you will appreciate that
it is not fair on the part of IBA and the Banks now to reduce
the eligible class of treatment for the officers because of the
increasing hospitalization bills. Hence, we urge you to restore
the Room Rent ceiling for officers to earlier limit of Rs.5000/-
in terms of our Joint Note dated 25.05.2015.
you are aware that the entire premium on the insurance policy of
serving employees is paid by the bank and hence we had no reason
to have any meeting with you to discuss on the increase/
decrease in premium by the insurance company for the serving
employees, our main concern was to discuss the policy of the
retirees. The main purpose of our meeting was to find out the
ways and means to reduce the burden of premium on the retirees
who are required to pay the insurance premium from out of the
meager amount of pension received by them. In this connection,
we had suggested that the premium should be composite and not
segment wise i.e. the premium for the serving employees and the
retirees should be the same and that the premium of the retirees
should be borne by the bank in the same manner as the banks are
reimbursing the medical expenses to the Ex MDs and Ex EDs. We
had also made several other suggestions. But from your
communication sent to the member banks on 09.10.2018 we find
that except for our suggestion to provide flexibility in the
insured amount, no concrete steps to make the health insurance
affordable to the retirees and to reduce the burden on them
seems to have been taken by the IBA.
you to restore the Room Rent ceiling at Rs.5000/- per day to the
officers in terms of the Joint Note dated 25.05.2015 and honor
October 14, 2018
ALL UNITS / STATE COMMITTEES
FALSE AND MALICIOUS PROPAGANDA
TO DEFAME THE BANK EMPLOYEES TU
UNDER THE BANNER OF UFBU
Our attention has been drawn to a joint circular purported to
have been issued by our organisation jointly with AIBEA. First
up of all there is no meeting of 9 constituents of UFBU at
The contents are false, malicious and also to bring disrepute to
banking unions as they firmly rejected the proposal of IBA,
lock, stock and barrel in the recent discussions held on 12th
Oct,18 at Mumbai. The release of the circular with the forged
signatures of General Secretaries of AIBOA and AIBEA is squarely
Please don’t be misguided by the false
We are initiating appropriate steps to nab the culprit under the
provisions of law applicable, as this mishap has to be nipped it
This is the danger in utilising technology beyond the required
October 1, 2018
AFFILIATED UNITS / STATE COMMITTEES
REVISION – DISCUSSIONS WITH IBA.
OPERATING PROFITS AND RETURN ON ASSETS
THE KEY FACTORS LEADING TO BANKWISE SETTLEMENT.
discussion on wage revision, which was delayed by a month, was
held at IBA office on 29th September 2018 in the
forenoon. The Chairman, Negotiating Team, Shri.R.K.Takkar,
was on Video Conference, as he was recouping after a brief
hospitalization. Shri. Prashant Kumar CFO SBI, Shri.Rajkiran
Rai, Chairman, Union Bank Of India, Shri. Shyam Srinivasan,
MD&CEO, Federal Bank ,Shri.V.G.Kannan CEO IBA, Shri.B.Raj Kumar,
Dy.CEO,IBA, Shri.S.K.Kakkar Sr.Advisor ,Shri.K.S.Chauhan Advisor
HR&IR, and other officials of HR department of IBA & the
representatives from nine constituents attended the meeting.
While initiating the dialogue, Chairman Negotiating Team, was
categorical that the earlier offer of 6% on Payslip components
stands, however enhancing across the board uniformly to all
banks may not find favour. As a via media, it was
suggested by Shri.Prashant Kumar, CFO SBI, to go through the
contents presented through power point presentation. The details
are broadly as under;
Performance linked compensation
will be incorporated;
The value will be
over and above the increment agreed in the bipartite settlement.
Will be computed
annually after declaration of annual financial results.
Operating Profit and
Return on Assets are the key metrics.
Payout rate to be
related to performance based tiring.
was reiterated that the offer made earlier should be
substantially raised. In turn IBA suggested to the unions to
study the document presented through power point presentation
and if any alternatives are there, they expressed that they are
prepared to discuss the same further with the representatives.
While Chairman Negotiating Team, reiterated that the
negotiations for officers are confined upto Scale III only, all
the four officers organizations have categorically expressed
that negotiations should cover all the seven scales and appealed
to IBA to follow up with the five Banks, as they had taken up
earlier with Six banks after CLC suggestion in the end of
MERGER OF DA;
As per the past practice the merger of D.A for construction of
new scales, the proposal to merge 6352 points was suggested. The
reaction from IBA is awaited.
shall keep you informed the developments.
September 25, 2018
ALL UNITS / STATE COMMITTEES
PROCEEDINGS OF THE 3rd CENTRAL COMMITTEE
AT RJS BHAVAN, MAMALLAPURAM.
The 3rd Central Committee
meeting of our organisation as per the notice, was held at RJS
Bhavan, on 8th and 9th September, 2018
under the joint presidium of
Com.S.S.Shishodia, Chairman and Com.A.N.Suresh President
of our organisation.
Preceding the commencement of the meeting,
our organisational flag was jointly
hoisted by Com. S.S.Shisodia
and Com. A.N.Suresh, followed by offering flowers to the
immortal leaders of our twin banners organisations Com. Tarakda
Com. R.J.S, by all participants.
The leave of absence from the meeting was granted to Com Alok
Khare, Vice Chairman, Com Vinod Bakshi, Vice President, Com I.
Com Tapan Sarkar, Joint Secretary and Com S. Janakiraman,
Secretary TIBTUR, as they were held up due to certain
circumstances, beyond their control.
After a brief
welcome address by Com.D.S.Ganesan,
General Secretary AIBOA- TNSC for the successful completion of
the two days proceedings, the joint presidium initiated the
discussions as per the agenda listed in the Notice.
IN MEMORIUM: The CC observed
two minutes silence in the memory of the departed leaders and
personalities whose contributions to build the society and also
the national activities were invaluable and worth remembering in
the annals of the history. Sri Atal Bihari Vajpayee,
Com.Somanath Chatterjee, Padmashree Arjan Singh, Sri
Dr.Kalaignar Karunanidhi, Com.K.Chandrasekaran Nair, Dr.U.R.Rao,
Prof Yashpal, Com.D.L.Sachdev, Com.G.L.Dhar, Sri Ajit Wadekar,
Sri Kuldip Nayar, Ms.Gauri Lankesh,
Com.S.Lakshminarasaiah, Com.S.R.Sengupta, Com.Sudhakar
Dhodapkar, Com.B.Srinivasan and Com.S.V.Krishnamurthi of Salem
Com. V.Ramabhadran, Secretary
and Convenor of the Wage Committee, read out the minutes of the
proceedings of the 2nd CC held at Bengaluru on 12th
and 13th August 2017, which was
A brief reporting covering the
developments from the last CC till the current one, including on
our Industry was presented to CC. The points for
discussion as decided in the earlier two CCs were provided to
the participants to take forward the discussion in a focussed
manner in our two days meaningful exercise.
CONTRIBUTIONS TO REBUILD KERALA- GOD’S OWN COUNTRY:
There was a specific mention about the Nature’s fury on Kerala
State affecting all the districts and impact was deadly in
reflections. To regain the same old kerala, as per the various
reports, it may take between 5 to 15 years. On our part, we have
immediately remitted Rs One lac to AIBOA Kerala State Committee
to address the problems of unattended families whose situation
did not attract anyone’s attention in Wayanad district. Our
affiliate Kotak Mahindra Bank Officers’ Association was the
first one to share the pains and grief of the affected
families . They have donated substantial quantity of home needs
and supportive utensils too in the presence of elected
representative of Kerala Assembly. We have so far collected Rs
6,50,000 from our affiliated units and well wishers and
individuals. The collection will be remitted to AIBOA (KSC) for
doing the needful.
The third Central Committee meeting had
the participation of 16 State Committees and 21 affiliated units
including RRBs and Co-OP Bank.
Twenty one comrades spoke on the agenda presented by the General
Secretary in a crisp and focussed manner in the first day of
deliberations, which lasted for seven hours from 10.45 to 20.00
hrs with intermittent breaks for lunch and tea.
The second day proceeding commenced at 09.45 hrs and continued
upto 12.00 hrs. On our invitation,
Secretary AIBEA participated in the CC meeting,
in midst of his organisational assignments.
In his address to the CC, he unfolded the success achieved in
Government officially withdrawing the FRDI bill because of the
collective actions of people and also TUs, ever increasing bad
loans in the Industry, the IBC route chosen by the Government to
bail out the loan defaulters causing concern to the workforce,
the joint efforts by the two organisations in facilitating to
arrive at a conclusion of wages in IDBI, show of strength of
Bank men under the banner Of AIBEA in 15th
September 2017 Parliament Morcha appreciated by other
constituents in UFBU, issue of fractured mandate given by five
banks blocking the progress partially in the wage revision
talks, need to enlarge coordinated approach in mobilising the
membership of officers under the banner of AIBOA, attempt of the
Government to amend the provisions of Labour laws through fixed
term contract and on recognition of TUs in Industry, Efforts to
cover Insurance and also Bank Trade unions under the banner of
CCBIFU and its convention held at Delhi on 9th August
2018, and rejection of the demands of the Bankers in the
matter of current wage revision. The need to participate in the
national action plan of all CTUs which will be decided in the
Convention on 28th Sept, 2018 at New Delhi to rest
back the rights of the trade unions in our country.
On Co-ordination issue in PNB, UCO and
in UP State Committee, the problems encountered were brought to
the notice of General Secretary AIBEA, as shared by the
representatives of the individual units and UP State Secretary
for appropriate corrective approach.
15 comrades participated in the Second
day proceedings. The broad
consensus decisions arrived at are:
The CC hailed the withdrawal of FRDI BILL by the Government
officially due to pressures exerted by the TUS and also public
The singular noteworthy achievement made on Pension at par with
sponsoring Bank by Com D N Trivedi, Convenor UFRRBU, Joint
Secretary AIBOA and also General Secretary of AIGBOA was well
appreciated by the CC.
To participate in all action programmes of CTUs in defense of
our TU rights.
On work life balance approach, it has been decided not to attend
to the SMSes and WhatsApp messages of the bank management
between 8.00 P.M. to 8.00 A.M from 2.10.2018 and efforts should
be made to envelope the other officers’ organisations.
To achieve readership registration for our house magazine Two
Roses, a minimum of 20% of their individual units membership to
be enrolled on a war footing basis
To stop the selling of thirty party products through banking
As Madhya Pradesh and Tamil Nadu units have
implemented the decision of holding the Youth and women
conventions, other State Committees also to complete the
assignment immediately with required seriousness.
Recruitment of Clerical Staff as well as officer staff should be
taken forward by the individual units.
unwarranted pressures exerted on Branch managers on NPA recovery
should be resisted and repulsed back and any untoward incidents
on loan lending under MUDRA loan should be brought to the notice
of Central office of AIBOA for necessary remedial actions.
The periodicity of the meeting stipulated by the central office
should be strictly adhered too.
The State Committees are to hold the CC
meeting once in Six months preferably prior to the AIBOA CC
so as to enable the participants to present the
state issues in a proper manner in the CC for a fair decision
and also to provide proper guidance.
The Institute at Mamallapuram should be
necessarily utilised once in 18 months by the affiliates.
The state conferences of Goa, Jharkhand, Rajasthan and AP should
be completed immediately as the time sought was overrun. The
state committees should take initiative to form the
co-ordination committee with the State Federations without any
further loss of time. The
consolidation exercise of
AIBOA members under AIPSBOF should be achieved in a proper
manner to avoid all problems for one reason or other for the
betterment of the officers in Punjab and Sind Bank.
Our affiliate in Central Bank should
also initiate appropriate steps
to consolidate the members
under AIBOA as priority task.
As recommended by UP State Secretary,
Com.S.P.Shengar for representation of UP state which was
unfilled in the 7th Conference,
Com.Rajesh Tiwari ,President and Com.
Anil Gupta, Joint General Secretary of UP State Committee were
co-opted as Joint Secretary of AIBOA and CC member of AIBOA
ACCOUNTS : The audited accounts for the
year ended 31.12.2017 was presented by Com.G.Gunasekaran,
Treasurer AIBOA which was
adopted unanimously. The implementation of the decisions taken
in Ahmedabad CC held in April 2016 were placed for information
ie expenditure incurred for refurbishing the RJS Bhavan within
the sanctioned amount, providing a social security to two of the
comrades working in the central office of AIBOA. The interest
free loan granted to AIBOA (WBSTC) of Rs 3,00,000/ to clear the
arrears of tax dues to KMC was also reported.
On Com.G.Gunasekaran, Treasurer, AIBOA suggested to enhance the
compensation for handling the Two roses assignment by
Com.S.Lakshminarasimhan, the CC agreed.
FELICITATIONS TO SUPERANNUATED
FUNCTIONARIES: Com Arvind Porwal, Com Bhaskaran, Com Nirmal
Dutta, Com Narendra Kotiawala, Com Tapan Sarkar, Com K.S.S.Nair
Office bearers and Com.P.K.Das and Com Ajay Routhray, our past
CC members from Delhi State Committee were felicitated on their
successful completion of the assignment in the bank with a
request to continue to serve TU under the banner of AIBOA in the
respective states and banks.
Com.D.N.Trivedi, was specially felicitated for the singular
achievement made by him in securing the benefit of social
security to RRB workforce
by his strong and relentless pursuit with a constant advice of
the General Secretary of AIBOA from time to time.
Vote of Thanks: Com.V.Ramabhadran, President AIBOA –TNSC
proposed the vote of thanks and session came to an end at 15.00
COLLECTIVE WORK EXHIBITED BY THE
LEADERSHIP OF AIBOA (TNSC).
Right from receiving the participants till final conclusion of
the two days purposeful deliberations in the refurnished RJS
Bhavan, with a fine food arrangement and a simple and memorable
memento are appreciated by all without exception.
INDIA BANK OFFICERS’ CONFEDERATION (AIBOC)
ALL INDIA BANK OFFICERS’ ASSOCIATION (AIBOA)
INDIAN NATIONAL BANK OFFICERS’ CONGRESS (INBOC)
NATIONAL ORGANISATION OF BANK OFFICERS (NOBO)
All Affiliates of
Work-Life-Balance, in letter and spirit
You are aware that the officers fraternity has been subjected to
enormous stress due to ever increasing workload, inadequate
staff, continuous pressure from multifarious controllers,
over-ambitious targets, mis-placed business priorities, extended
working hours et al. This has taken a heavy toll on the
efficiency level and is the root cause of frustration and
anxiety disorder resulting in depression, helplessness and
life-style diseases viz Diabetes, High BP and Cardiac problems
etc. Officers are constantly receiving SMS and instructions over
WhatsApp messages even at odd hours. This has adversely affected
their social and family life. Banking system has forgotten that
an Officer is just not an employee of the Bank, but also a
spouse/son/father/mother and an integral part of society. This
situation has become intolerable as we find Officers are
virtually chained to their official duties and have no respite,
even while at home.
Work-Life-Balance is the need of the hour. Many top global
companies are addressing this sensitive issue through various
measures. State Bank of India has issued a comprehensive
instruction addressing the need for a Work-life balance.
However, the ground reality almost in every institution is that
majority of the officers are stressed and do not have a
work-life balance, which is attributed specially to the
instructions received through sms and WhatsApp.
All four officers organisations have
unanimously decided to address this menace. It has been decided
to call upon all our
Officers not to attend/respond to the ‘official’ SMS/WhatsApp
messages, received from their Controlling Authority/Zonal Heads
between 8pm and 8am.
We urge upon our
members to respond to our clarion call and implement the
instructions in letter and spirit forthwith.
General Secretary General
August 16, 2018
ALL UNITS / STATE COMMITTEE
[URGENT & IMPORTANT]
God’s own Country suffered
Normal activities brought to stand still
in ample measure
nature’s fury has affected beyond anyone’s imagination the
“God’s own Country”, a
state in which 100% literacy has been achieved and extended lot
of support to the National Economy through foreign inward
For the past ten days, the force of the flood water has
brought the normal life stand still.
Government has sounded red alert to all the 14 Districts in the
State of Kerala.
Educational Institutions have been shut down.
Kochi airport is under water and closed for operation upto
Sunday. So far, it
is reported that 1.5 lakhs people have been lodged in the relief
camps. The National
festival of “ONAM” celebrations have been cancelled.
Loss of human lives, halt of transport facilities “Rail”
and “Air” and also common men requirements are thrown to winds.
AIBOA, its State
Committees and affiliated units stand and share the pains and
sufferings in full measure.
We request you to
extend financial assistance and the remittance may be sent to
the following account.
“United Bank of
India, Nungambakkam Branch
A/c Name: All India
Bank Officers’ Association
No.11960 1010 3543 / IFSC : UTBI0NUN826”
Please send us the
message by e mail too so as to consolidate the amount received
and send it to “AIBOA –Kerala State Committee” for onward
remittance to the affected people of the Kerala.
Please reach us
June 15, 2018
ALL UNITS /
CHENNAI ON 12.06.2018
To take stock
of the situation in the Industry, after 48 hours of successful
strike action by the banking workforce on 30th and
31st May 2018, a meeting of nine
constituents was held at Chennai on 12.06.2018 at Hotel Abu
Sarovar Portico, P.H.Road, Chennai under the Chairmanship of
Our Unit was
represented by Com.M.A.Srinivasan, Dy.Gen.Secretary,
Com.G.Gunasekaran, Treasurer, Com.V.Ramabhadran, Convenor, Wage
sub committee, Secretary, AIBOA besides the undersigned.
The prevailing situations in our Industry broadly are:
offer made by the IBA was meagre and refusal to negotiate the
wage revision for officers above Scale III;
of Prompt Corrective Actions [PCA]on
Dena Bank and Allahabad Bank;
up Banking reforms process viz., “Privatisation, merger of
Banks, Velvet treatment to bad loans borrowers, FRDI bill and IB
utterances by responsible peoples’ representative in the
Government to stop the annual increment of the officers, who are
failing to grant the Mudra
was decided to
meet the concerned authorities in MOF and also IBA, CLC[C] before
reviving the programmes of Action in a higher form;
upon the response from the authorities, the future course of
actions including strike
actions in July and August 2018 will be decided ;
Nationalisation Week” from 16th July
2018 to 21st July 2018 will
be observed throughout the country. The programmes will be
released in this regard, in due course.
us prepare ourselves to face the future unitedly as the owners
are known for delaying / denying the legitimate rights of the
workers in our Industry
June 6, 2018
ALL UNITS / STATE COMMITTEES
DEATH BE NOT PROUD – FLOWER MIGHT HAVE WITHERED
BUT THE SEEDS REMAIN
15TH JUNE 2018 - 5TH REMEMBRANCE
The sterling leader of Bank Officers’ movement under our banner,
Com.RJS, had breathed his last nearly 5 years back on
In this world of “Survival of the fittest” he was the one, who
established that a comrade who possesses the basic values of the
trade union ie; conviction and commitment to the cause can too
After the death of Com.Prabhat Kar, the founder President of
AIBOA, in the conference held at Mumbai, he was elected
unanimously, to succeed as the “First Man” of the organisation.
He stole the show at Malvankar Hall, Delhi in the year 1992
when he was called upon by Joint Presidium of the TU meeting to
move the resolution of “opposing the new Economic Policy”.
His presentation was short, sharp and focussed, which made the
then Industry leader Com.Tarakda to acknowledge his brilliance
on the dais itself. He was second to none in securing the
rights and benefits to the officer’s community. Equally he
had the quality to “call a spade as a spade”. When it was
the need of the hour to hold the banner dear to the heart, he
was a shining example. Nearly 2000 days, he was on loss of pay,
the turbulent days in the life of parent Bank’s, Base Union”.
To enable the Banking workforce to get an another option for
pension in April 2010, he stood firmly with the then UFBU
Convenor. He took keen interest to establish close
coordination with other Officers’ Unions and conducted the
meeting of Officers in the metropolitan cities, which evoked
tremendous response from rank and file. His outlook on
society was also “ an unique one”.
A leader par excellence emerged as an immortal by his
contributions to the society at large. In order to
perpetuate the memory of this leader our organisation has
arranged a memorial lecture “ The Impact of the policy of the
Government on Public Sector undertakings” by Com.Lenin on
15.06.2018 at Com.C.S.Hall, A.K.Nayak Bhavan, Chennai-600 001 at
Memories of past times
Bright hopes for all that is yet to come.
June 3, 2018
TO ALL UNITS / STATE COMMITTEES
PRIVATE SECTOR BANK OFFICERS FORUM MEET AT BENGALURU.
In background of growing attacks on jobs and jobs security and
also move to take control of hard earned savings of employees
and officers kept in the PF trust of individual banks, by
Government of India, there was an urgent need to have the
meeting of the PSBOF. In pursuance of the notice issued by the
PSBOF Convenor, Com.K.Raghava, the meeting was held at Bengaluru
today at Kotak Mahindra Bank Officers’ Association office at
Basavanagudi, Bengaluru. The committee commenced its proceedings
at exactly 10.30 a.m.
2. The meeting was presided over by Com.S.A.Sridhar, Chairman,
PSBOF, attended by the office bearers and committee members.
Between the last meeting held at Kolhapur on 24/09/2017 and till
date, the forum has added one more unit of old generation
private sector Bank i.e. Nainital Bank Officers’ Association
with majority membership of 300 members under the banner of
AIBOA. Com.A.N.Suresh, President AIBOA also participated in the
meeting. The participants from the five banks are: Com. B.
Jayarama Naik, Com. K.Raghava, President and General Secretary,
KBOO, Com. Suresh Gupta, General Secretary, AIJKBOF, Com.
S.A.Sridhar, Com. G.S. Chowdary and Com. A. Chandrashekar,
Chairman, President and General Secretary, KMBOA, Com. Deelip
B.Dari and Com. K.A. Patil, Secretary and Vice-President, RBOO,
Com.Chandrashekar Kanyal and Com. Sahil Khan, President and
3. In the introductory presentation Com.K.Raghava, the Convener,
PSBOF made a brief account of the attacks on officers’
organisations by the Private Sector Bank management. After the
welcome address by Com. Muthukrishnan of Kotak Mahindra Bank
officers Association, the host of this meeting, the Chairman
PSBOF took the agenda listed in the notice. The house was called
upon to observe two minutes silence in the memory of
Com.T.R.Verma, Secretary AIBOA, Com. M.Keshavayya, the founder
President of KBOO and all others who have breathed their last
during this interim period. The minutes of the meeting held on
24.09.2017 at Kolhapur was read and adopted the same
4. The undersigned was called upon to present the overall
developments in the Industry in general and on wage revision in
particular. In a 45 minutes presentation every important detail
were shared right from the bad loans, behavior pattern of the
IBA-Govt. combine, recent happenings in Private Sector Banks and
the lessons to be learnt from the struggles in the Industry as
well in the Individual Banks level too. Com.A.N.Suresh,
President AIBOA, in his brief presentation, touched upon the
developments in a lucid way and the role of individual unions in
addressing the issues concerning Industry and also of the Wage
5. Com.Sahil Khan of NBOA, presented crisply the problems
encountered by the unit in the matter of creation of a new
vertical to have the digital venture by the parent bank, i.e.
Bank of Baroda at a heavy cost and also the attitude of the
management in dealing with the union, unleashing a threat
against the union and attack on office bearers through
transfers. Their new endeavour to present a memorandum to the
Parliamentary Committee was also shared in the meeting. Next
came to present the issue was Com.Dileep Dari, Secretary RBOO.
The attempt of Regional Commissioner EPF to take over the
control of the PF Trust based on the notification issuedby
Government of India and need to take immediate steps by the
parent body to halt the move, as it is too dangerous to allow
the authorities to deal with the issue of hard earned savings of
the employees and officers. The case has been posted for hearing
on 16/07/2018 in CGITat Mumbai. There were healthy exchange of
informations amongst the participants and more particularly from
Com.A.N.Suresh, President, AIBOA. The house was adjourned for
lunch for 30 minutes.
6. On resumption after lunch, Com.Suresh Gupta, CC member of PSBOF
and General Secretary of AIJKBOF, presented in a condensed way
the complications faced by the organization due to varied issues
due to the uncertain political climate in the valley. In spite
of the grim situation, he shared the achievements made by the
organization in the Bank. At the end, he assured the house to
make his unit to fall in line with the decision taken by apex
level organization in to-to. Com. B. Jayarama Naik, President of
KBOO narrated the various developments in the organizational
front as well as the behavioural pattern of the administration
in the Bank in the current spell. Com.K.Raghava, General
Secretary of KBOO pointedly presented the challenges encountered
by the officers in the area of work- life balance, mid-academic
transfers and the stresses and strains faced in their day to
daywork, especially in cross selling of third party products
7. The host unit, KMBOA, General Secretary, Com.A.Chandrashekar,
spoke about the pains encountered in handling the issues of
members and due to the delaying tactics of the administration in
day to day matter. The performance rating and incentive attached
with that causing heartburn on a continuous basis. The denial of
compensation to officers during the demonetization period is an
issue shot down by the management due to contractual officers
numbering 32000 in Kotak Bank being denied of the same.
Com.S.N.Chowdary, President, supplemented the experience of the
PF meeting held by Government of India at Mumbai and confirmed
that the Bank has intimated the Government that they will
continue with the present bank-wise trust approach. Com. S. A.
Sridhar, Vice-President, AIBOA shared with the Forum about the
dilatory tactics resorted to by the management of Kotak Mahindra
Bank with regard to their Charter of Demands.
8. The forum has decided to take up issues concerning the units,
which are as under;
a. To extend support to the programmes of
actions of NBOA, in the matter of merger with BOB and also
curtailing the expenditure of Digital Vertical:
b. To take expeditious steps to tackle the issue
of EPF trust with all authorities ie; MOF,MOL OF GOVT OF INDIA,
CBDT and also through legal forum;
c. To take steps to form a co-ordination
committee with all other old generation private sector banks who
are outside the ambit of PSBOF;
d. To take all necessary steps to broad
base the unity of the workforce in the Private Sector Banks and
9. The next meeting of the forum will be conducted by the newly
joined unit NBOA before end of September 2018.
The customary vote of thanks was proposed by Com. S.K. Anandaram
of KMBOA and ended at 5 p.m.
TO ALL STATE COMMITTEES/AFFILIATED UNITS:
48 HOURS OF STRIKE – PHASE
REFLEXATION OF SEETHING
ANGER OF THE BANKING WORKFORCE.
UNITY, STRUGGLE AND PROGRESS – OUR WATCHWORD.
Reports are pouring in that the repeat exercise of the first day
has resulted in severely hitting
the banking operations today also. If we say that the
Banking operations were brought to grinding halt,it is not an
excessive expression. Demonstrations,Long march in soaring
temperatures unmindful of external environment and near total
participation of the workforce in the Industry should certainly
attract the attention of the people at large and also various
authoirties who are to decide the furture course of actions to
avoid the confrontations with the collective force of the nine
2. The traders’ body has
expressed that the 48 hours strike will impact transactions
worth Rs 200 million. Digital transactions comprising of 5% of
the total transactions had a severe hit as the servers in the
Banks were brought to a halt. Eastern and North eastern part of
the country have been totally shut the bank branches. In rest of
the country the halt of the work is near total. Seething anger
of the banking workforce and their personal
participation have demonstrated their conviction to take
forward the struggle to a greater heights.
3. The mounting pains caused to
the Institutions on account of Bad loans should not passed on to
the shoulders of existing workforce. When the pay commission can
decide the salary and allowances right from Class IV employee
upto Cabinet Secretary,how come in Banks ,the Team IBA stated
that they will negotiate only upto Scale III in the Banking
Industry? How come the IBA accepted fractured mandate from
Banks? The concept of majority will prevail over minority is
attempted to be reversed by IBA. After
CLC counselling the
representatives of IBA, now there is a communication addressed
to SBI, PNB,BOB,UBI,IB AND OBC to revisit their decision on
mandate. Should it happen like this?
4. Ultimately, it is IBA and
are solely responsible for the present situation in our
Industry. The writing on the wall is loud and clear.
To conclude; SUCCESS IS THE
SUM TOTAL OF SMALL EFFORTS AND ACTIONS REPEATED EVERY SINGLE
Onward march to forward
movement in the talks,
May 30, 2018
All UNITS /STATE COMMITTEES
BEGUN HALF DONE.
HISTORIC 48 HOURS STRIKE HAS COMMENCED WITH BIG BANG.
RESPONSE BY THE BANKING WORKFORCE.
In response to the call of 48 hours strike given by the nine
constituents consisting of 4 officers’ organisations and 5
workmen organisations, the entire work force in the banks, have
collectively responded to the directions given by the unions.
Reports are pouring in from various parts of the country that
the response is unprecedented. Unmindful of the soaring
temperature, the participation by the members established in
unmistakable terms that the level of dissatisfaction is crossed
the tolerance level.
Looking to the developments that has rocked the Banking
system in the last week of January 2018, the responsible and
responsive organisations in Banking, took a right decision to
postpone the one day strike in Feb, 2018 and responded to the
situation by holding a Dharna on 21st March, 2018 at
Delhi. The delegation met the Hon’ble Finance Minister and also
the Secretary D.F.S. Government of India, which facilitated for
a meeting with IBA after six months period. It was a bolt from
the blue on 5th May, 2018, that IBA offered a meagre
increase of 2% in pay slip components based on the establishment
charges as at 31.03.2018. As far as officers are concerned that
IBA’s stand on negotiations upto Scale III was certainly
unacceptable. In spite of CLC counseling in the conciliation
meeting held on 28th May, 2018, the approach of the
IBA was all the more intriguing.
The four officers’ representatives meeting with Additional
Secretary DFS, as decided earlier, facilitated the change in the
approach with respect to the negotiations upto Scale VII. But
there was no urgency felt on the part of the IBA, to avert the
strike, by proposing the mid course correction in the overall
atmosphere of negotiations. The last minute half hearted
approach by the authorities is also unjust.
SUCCESS IS NOT
SOMETHING READYMADE. IT COMES FROM YOUR OWN SET OF ACTIONS
MOVE ON, MOVE TOGETHER, MAKE THE STEPS MORE
MEMORABLE IN THE ANNALS OF THE HISTORY OF
May 28, 2018
Camp: New Delhi.
ALL UNITS / STATE COMMITTEES:
48 HOURS STRIKE STANDS.
CLC EXHIBITED POSITIVE APPROACH.
IBA TEAM REMAINED NON COMMITTAL.
In response to the strike notice served on IBA for 48 hours
strike commencing from 6.00 am of 30.05.2018 to 06.00a.m of
01.06.2018, Government of India, Ministry of Labour and
employment fixed the date for conciliation, meeting at CLC
office today at 11.30. a.m. On behalf of our organisation
Com.S.S.Shisodia, Chairman and the undersigned participated in
the conciliation proceedings.
IBA team consisting of Shri.S.K.Kakker, Senior Advisor and
Shri.Atul Gautam, stationed at Delhi participated in the
meeting. Government of India representative Shri.S.R.Meher,
Dy.Secretary, DFS attended the meeting. CLC and Additional CLC
conducted the proceedings. Nine constituents representatives
have too participated.
While the proceedings were on right track based on the
facts and figures on record, IBA’s non committal approach forced
us to take forward strike of 48 hours. Linking the present
conditions of the Bad loans in banks with the wage talks, is
unacceptable besides the unconvincing stand on fractured mandate
given by six banks forced to escalate the situation.
MARCH FORWARD WITH TOTAL CONVICTION
TO MAKE THE 48 HOURS STRIKE
A MEMORABLE ONE IN THE HISTORY OF THE TRADE UNION HISTORY
Circular letter No.2/VII/2018
April 20, 2018
ALL UNITS / STATE COMMITTEES
FROM THE PAGES OF HISTORY
EVEN TODAY IT IS RELEVANT
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
foundation conference held on 21st April 1946 at
Kolkata AIBEA adopted 15 resolutions in all, out of which same
of them are reproduced hereunder.
That all Bank employees do exert themselves and exercise their
influence to build up strong and healthy unions or associations
all over India.
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.
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.
That the working hours of a Bank employee must not
exceed seven hours a day [including one hour’s respite for
That Banks all over India must make provisions for Provident
funds, Gratuity and or Pension for their employees.
That the security of service of Bank employees all over must be
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.
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.
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
The central committee be requested to take up this work
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”.
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.
achievements are on account of the selfless service and
sacrifice made by the countless membership during the period of
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.
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.
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….”
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
UNITS / STATE
QUANTUM OF GRATUITY
ENHANCED FROM RS 10LACS TO Rs.20 LACS.
DATE OF EFFECT :
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.
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.
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.
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.
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.
February 28, 2018
ALL UNITS / STATE COMMITTEES
Fight against the clause of “Discharge
simplicitor” in Karnataka Bank by our affiliate
“Signature campaign a massive success” near
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
He 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
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
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
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.
stands with you in full measure, as the tool used by the
management needs to be blunted immediately.
February 26, 2018
ALL UNITS /
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, 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.
[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
it was decided to
defer the direct action on 15th March
2018, to realise the demand of “wage revision for all” in our
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
A communication addressed to CVC
on transfers was sent by four officers organisations on the same
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
ALL UNITS / STATE COMMITTEES
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.
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
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
“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.”
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 that:
Unity in thought
Unanimity in decision
United in action
Succeeds and succeeds eternally
With 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
are lovely, dark and deep.
But I have
promises to keep and miles to go before I sleep”.
Founding day greetings,
COM.T.R.VERMA SECRETARY AIBOA
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
February 12, 2018
UNITS / STATE COMMITTEES
AIBOA EXTENDS TOTAL SUPPORT
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
Karnataka Bank, recently, an
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
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.
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
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.
January 8, 2018
ALL UNITS /
SAVE BANKING INDUSTRY
JOINT SIGNATURE CAMPAIGN
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
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 STRINGENT MEASURES:
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.
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:
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
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
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”.
into vigorous campaign as the time at our disposal is too short and also