CIRCULAR TO MEMBERS NO.30 OF 2011              24th December 2011

 

Dear Members,

                                   Re: Pending Issues –

   Two more Issues stand settled.

------o0o-----

We refer to our circular No.29 dated 17th December 2011 and are happy to inform that two more Issues now stand settled. These are:-

1.Scheme for providing Furniture and Fixtures - Review

2.Scheme for Reimbursement of House Maintenance Expenses - Extending to   remaining category of officers.

Scheme for providing Furniture and Fixtures

The Scheme now in vogue has been reviewed and ceilings enhanced. Details are:-

 

Scale/Grade

Existing Cost Ceiling

Enhanaced Cost Ceiling

JMG/Scale-I

Rs.20,000/-

Rs.40,000/-

  MMG/Scale-II

Rs.30,000/-

Rs.60,000/-

 MMG/Sale-III

Rs.35,000/-

Rs.80,000/-

 

 

  • The cost ceiling is exclusive of taxes.

 

  • Rate for purchase of furniture by officers upon their ceasing to be in the service of the Bank on superannuation or on promotion to Scale-IV, henceforth, will be  the Written Down Book Value of the furniture availed by them.

 

  • In the event of unfortunate death of an officer in service, his family will have an option either to surrender the furniture and fixtures to the Bank or to purchase the furniture on the Written Down Book Value.

 

  • Considering the change in the life style and variety of furniture available in the market presently, the General Manager (HRM) is authorized to revise the list of items of furniture from time to time.

 

  • Officers will be allowed to purchase additional furniture/fixtures for the difference between the new and existing cost ceilings.

 

  • Other terms and conditions of the existing scheme will remain unchanged.

 

The revised scheme will be effective from 01/01/2012.

 

Scheme for Reimbursement of House Maintenance Expenses –

Extending to remaining category of officers.

 

The Bank has also resolved the issue of extending the Scheme for Reimbursement of House Maintenance Expenses to remaining category of officers.

This facility will be made available with effect from 01.01.2012.

 

Scale/Grade

Amount

JMG/Scale-I

Rs.200/-

MMG/Scale-II & III

Rs.300/-

SMG/Scale-IV

Rs.400/-

SMG/S-V & TEG/Scale-VI

Rs.500/-

TEG/Scale-VII

Rs.600/-

 

We are thankful to the Chairman & Managing Director Shri M.D.Mallya and the management team for the above decisions. We extend our Hearty Congratulations to each and every member of our Association who extended their full support with sincerity and total involvement in our pursuit to get these pending issues resolved.

 

With greetings,

 

                                                                                   Yours sincerely,       

                                                                                      (K.K.NAIR)

                                                                               GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 



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CIRCULAR TO MEMBERS NO.29 OF 2011                          17th December 2011

 Dear Members,

 Re: Conciliation Proceedings

        --------o0o-------

As reported to you vide our circular No.27 dated 12th December 2011 Conciliation Proceedings were held on 16th December 2011 before the Conciliation Officer and Deputy Chief Labour Commissioner (Central) in the matter of strike notice dated 21st November 2011 served on the Bank by our Association. Representatives of the management, the Association and Dr.R.G.Meena, Assistant Labour Commissioner (Central) were present in the meeting. We reproduce hereunder, minutes of the Conciliation Proceedings for your information:-

“Held Conciliation Proceedings. The Representatives of the All India Bank of Baroda Officers’ Association, Mumbai submitted that certain Issues such as Review of Furniture and Fixture scheme, Extending House Maintenance Expenses to remaining category of Officers and paying of reimbursement amount at par, Monetary Compensation for working on Sundays and Holidays and late hours, Giving Officers their Rightful Entitlements, Bringing all Officers under Financial Reward Scheme and Giving adequate staff in Branches have been raised by them in the strike notice.

The Management Representatives submitted that bilateral meetings with the Representatives of Officers’ Association were held on 14th and 15th December,2011 and all the issues were discussed at length and an understanding has been reached which will be placed before the Bank of Baroda Board/Competent Authorities meeting scheduled to be held on 22nd December,2011 for consideration and approval.

In view of the above, the Association decided to defer the proposed one day strike on 19.12.2011. Both parties requested for adjournment. Accordingly the Conciliation proceedings are adjourned to 30th January,2012. Both parties to note and attend.”

 

For Management                                                                 For AIBOBOA

   Sd/-                                                                                       Sd/-

T.K.M.Das DGM (HRM & Admn.)                                             K.K.Nair

                                                                                        (General Secretary)

    Sd/-                                                                                        Sd/-

Pradeep K.G.Niyogi                                                               J. N. Mehta

(AGM  HRM)                                                                        (Vice-President)

 

                                                                        Sd/-

                                                             (R.Venkateswarlu)

                                                           Conciliation Officer &

                                     Dy.Chief Labour Commissioner (Central), Mumbai.

With greetings,

                                                                                     Yours sincerely,

                                                                                                                                                                                                           (K.K.NAIR)

                                                                                   GENERAL SECRETRY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

                                                  



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

CIRCULAR TO MEMBERS NO.28 OF 2011                  15th December 2011

  Dear Members,

 Re: Action Programme – 3rd Phase

      19th December 2011 strike deferred.

                          -------o0o-------

 We have advised you vide our circular No.27 dated 12th December 2011 that the Bank has kept a meeting with our Association on 14th December 2011 to discuss Pending Issues in pursuit of which we have commenced the Action Programmes culminating in one day’s strike on 19th December 2011. The said meeting took place, as scheduled, on 14th December 2011 in Baroda Corporate Centre, Mumbai between the representatives of the management and the Negotiating Team of our Association followed by a meeting with Shri N.S.Srinath, Executive Director and Shri Ulhas Sangekar, General Manager (HRM) by our small committee on 15th December 2011.

 We wish to inform that all the Issues mentioned in our Strike Notice were discussed in detail and certain understandings have been reached. Following these discussions and understandings it has been decided to defer the proposed all India Strike on 19th December 2011. Consequently, Dharna and Mass Rally proposed on 16th and 17th December 2011 respectively, will not be held. We shall revert to you with details immediately after the formalisation of these understandings.

 We wish to thank each one of you for your active participation and support which made our various protest programmes a grand success. Congratulations!

 With greetings,

                                                                                                  Yours sincerely,

                                                                                                      (K.K.NAIR)

                                                                                        GENERAL SECRETARY

                     PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES



 

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

CIRCULAR TO MEMBERS NO.27 OF 2011               12th December 2011

 

Dear Members,

Re:   Action Programmes –

         3rd Phase to begin on 16.12.2011

                            -----o0o-----

 

We are extremely happy that the 2nd Phase of Action Programmes since stands concluded. Our hearty congratulations to you for making these programmes also a grand success.

 

The 3rd Phase of our action Programmes, repeated hereunder will begin on 16th December 2011:

IIIrd PHASE

1. Dharna before Regional/Zonal Office, Head Office and BCC on 16.12.2011.

2. Mass Rally after office hours at Regional/Zonal Headquarters, HO and BCC on

    17.12.2011.

3. One day all India Strike on 19.12.2011.

Friends, conclude the programmes with a thundering success. Our goal is to get our long pending issues resolved.

Meeting with the Bank

We would like to inform that a meeting has been fixed between the representatives of the management and our Association on 14th December 2011 from 11.00 a.m. onwards. We shall discuss the pending issues in pursuit of which we have commenced the Action Programmes. We shall advise you the outcome after the meeting.

Conciliation meeting by Dy.CLC (C)

We would also like to inform that Dy.Chief Labour Commissioner (Central) Mumbai & Conciliation Officer has advised that he will hold conciliation meeting on 16th December 2011 with the management of our Bank and our Association on the issues raised by us in the Strike Notice dated 21st November 2011. We shall inform the outcome after the conciliation proceedings are concluded.

 

With greetings,

                                        Yours sincerely,

                                           K.K.NAIR)

                                  GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES



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CIRCULAR TO MEMBERS NO.26 OF 2011                2nd December 2011

   Dear Members

                              Re: Action Programmes –

                                    2nd Phase begins from tomorrow.

                                             -------o0o-------

Congratulations to you for the successful conclusion of the 1st Phase of Action Programmes. As per reports reaching our office from various Zones, our membership participated in the Four Points Action Programmes enthusiastically.

The 2nd Phase of our Action Programmes commences from tomorrow, 3rd December 2011. With a view to refresh your memory, we give hereunder various programmes under Phase-II.

1.   A) Stop working on Sundays and Holidays

      B) Do not attend any special programmes/meetings/training

           after office hours on Saturdays, Sundays and Holidays.

2.  Demonstration before Branches after office hours on 05.12.2011 and

     07.12.2011.

3.  Centralised demonstrations before Regional/Zonal Offices and

     Baroda Corporate Centre, Mumbai on 10.12.2011.

Let us implement these programmes and make it yet another grand success. Friends, you have put in your best efforts to take the Bank to the current status – growth with quality and unparalleled performance and profit. Despite all these, our issues are kept pending. We must get it resolved. The Action Programames must succeed.

 

With best wishes and regards,

                                                       Yours sincerely,

                                                         (K.K.NAIR)

                                                GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUAES



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

CIRCULAR TO MEMBERS NO.25 OF 2011                26th November 2011

Dear Members,

As you are aware our Association committed to the philosophy of “Grow with the Bank” has been playing a stellar role in the business growth of our Bank. Simultaneously we have also been putting in the best efforts to discharge our cardinal responsibility of protecting and promoting the interest, rights and privilege of our members including Service Conditions, Welfare measures and redressal of their genuine grievances.

Firmly committed to the principle of ‘Avoid avoidable Confrontation” we have been invariably adopting methods which are constructive and persuasive. In the process we have even shown immense patience. However whenever these golden traits are ignored and issues are kept pending, we have not hesitated to choose the path of agitation. Quite unfortunately this is the case with our pending issues today, necessitating the current agitation, as is evidenced from the following events:-

 

1

 

A meeting of the Zonal Secretaries of the Association was held at Baroda on 30-07-2011 to review and discuss organizational matters. The meeting   particularly discussed and expressed its regret that the management has not resolved several pending issues repeatedly brought to its notice during the past 3 years, right from the first meeting the Association had with the Chairman & Managing Director and his team on 3rd July 2008.

 

In this regard the meeting recalled with concern that even the Resolution passed in the Central Committee Meetings of the Association held at Jaipur on 12th & 13th September 2009 and at Mumbai on 21st to 23rd November 2010 which were forwarded to CMD, remain unresolved, causing frustration and demoralization in the rank of officers.

 

Under such circumstances the meeting urges upon the management to resolve the long Pending Issues. The meeting also resolves to put the management on NOTICE that if they fail to resolve these long Pending Issues within 21 days from the date of the resolution, the Association will be compelled to resort to Agitational Programmes

 

03-07-08

 

   To

 

30-07-11

 

2

 

The Association forwards the above resolution to the management.

 

09-08-11

 

3.

 

The Association issues a circular for the information of our restless members

 

17-08-11

 

4

 

Notice period ends. No reaction/no response from the management.

 

30-08-11

 

5

 

The Association convenes an emergency meeting of Zonal Secretaries on 04-09-11 and issues a circular to members.

 

02-09-11

 

6

 

The meeting of Zonal Secretaries note with regret the continued apathy of the management to resolve the long Pending Issues and decides to commence country wide Action Programmes culminating in one day Token Strike on 11/11/11.

 

 

04-09-11

 

7

 

The Association informs the management the decision taken in the above meeting of the Zonal Secretaries and conveys details of the Action Programmes.

 

 

10-09-11

 

8

 

The Association issues a circular No.16 to members informing that the Association has decided to commence Action Programmes culminating in one day’s token strike on 11/11/11. The Association also advises the details of the Action Programmes in 3 phases.

 

10-09-11

 

9

 

A meeting takes place between the CMD and the GS. CMD states that issues connected with the Agitation could be discussed with the GM (HRM) and his team and resolve issues.

 

14-09-11

 

10

 

 

Accordingly, a meeting between GM (HRM) and his Team and the Negotiating Team of the association is held at BCC, Mumbai. Detailed discussions take place on a congenial note with the statement that by end of October 2011 various issues will be resolved. Under these circumstances the association decides to defer the Action Programme.

 

26-09-11

 

11

 

However, by end of October 2011 only one issue viz. Increase in Rental Ceilings is resolved. Disturbed with such a situation the GS calls on the CMD and conveys Association’s serious concern on not resolving the Pending Issues. CMD gives a patient hearing and promises to take necessary action by 12/11/11. The Association decides to wait for some more days.

 

01-11-11

12

Even after 12/11/11 issues remain unresolved. Under such circumstances the Association is compelled to resume the Action Programmes. Accordingly, the Association writes a letter to the CMD

 

15-11-11

13

An urgent meeting of the zonal Secretaries of the Association is held to finalise the revised dates for various Action Programmes including strike action. The urgent meeting revises the dates under 3 phases and fixes date for one day Token Strike on 19/12/11.

 

20-11-11

14

The Association serves Strike notice on the management.

21-11-11

15

The Association informs the management revised dates of the Action Progrmmes.

 

22-11-11

 

Friends, let us all rise to the occasion; Let us get our Pending Issues resolved.

 

With greetings,

 

                                                                                               

                                                  Yours sincerely,

                                                                       (K.K.NAIR)

                                                            GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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

CIRCULAR TO MEMBERS NO.24 OF 2011                       21st November 2011

 

   Dear Members,

Re: Action Programmes – Revised Dates.

-----o0o-----

We refer to our circular No.23 of 2011 dated 16th November 2011 and give hereunder revised dates for Action Programmes culminating in one day’s token strike on 19th December 2011 as decided in the urgent meeting of Zonal Secretaries held in Mumbai on 20th November 2011.

 

1st PHASE

1. Sending remaining individual protest letters addressed to Chairman & Managing Director immediately.

2.  Sending protest telegrams to CMD Branch wise/Office wise on 26.11.2011.

3.  Wearing Demand Cards on 02.12.2011, 16.12.2011 and 17.12.2011.

4.  Display of posters from 02.12.2011.

IInd PHASE

1.  A) Stop working on Sundays and Holidays.

     B) Do not attend any special programmes/meetings/trainings after office hours on

          Saturdays, Sundays and Holidays.

Both the above with effect from 03.12.2011.

2.  Demonstration before Branches after office hours on 05.12.2011 and  07.12.2011.

3. Centralised demonstrations before Regional/Zonal Offices and Baroda Corporate Centre, Mumbai on 10.12.2011.

IIIrd PHASE

1. Dharna before Regional/Zonal Office, Head Office and BCC on 16.12.2011.

2. Mass Rally after office hours at Regional/Zonal Headquarters, HO and BCC on   17.12.2011.

3. One day Token Strike on 19.12.2011.

 

We call upon each one of you to take all effective steps to make our various Action Programmes and one day Token Strike on 19th December 2011 a total success.

 

With greetings,

                                                                                               

                                                                             Yours sincerely,

                                                                               (K.K.NAIR)

                                                                     GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES


 

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

CIRCULAR TO MEMBERS NO.23 OF 2011            16th November 2011

 

Dear Members,

                                       Re: Pending Issues –

                                             Our decision to resume agitation.

                                                    -----o0o-----

We, vide our circular No.22 of 2011 dated 3rd November 2011 reported to you that the undersigned called on the Chairman & Managing Director on 1st November 2011 and conveyed our serious concern on non-resolving of pending issues notwithstanding the various assurances. We also advised you to wait for some more days considering the assurance given by the CMD that he shall take necessary action by 12th November 2011.

 

We regret to inform that issues still remain unresolved. Under such circumstances we are compelled to resume the Action Programmes which were conveyed to you vide our circular No.16 of 2011 dated 10th September 2011. In this context an emergency meeting of the Zonal Secretaries will be held in Mumbai on 20th November 2011. The meeting shall finalise revised dates for the various action programmes including strike. We shall revert to you after the meeting of 20th November 2011.

 

With greetings,

                                                                   Yours sincerely,

                                                                     ( K.K.NAIR)

                                                             GENERAL SECRETARY

                                                                                               

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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

    CIRCULAR TO MEMBERS NO.22 OF 2011                  3rd November 2011

 

Dear Members,

    Re:   Pending Issues – an update

               -----oOo----

The Association has given a call for agitation in pursuit of getting certain long pending issues resolved. The Action Programme commenced on 14th September 2011 with deputation to Regional/Zonal Heads and Branches headed by Asstt. General Manager and above followed by officers sending individual protest letters to Chairman & Managing Director and a series of other programmes culminating in one day’s token strike on 11-11-11.

At this juncture the Chairman & Managing Director held a meeting with the undersigned on 14th September 2011 when a decision was taken that issues connected with the agitation could be discussed and resolved soon. Accordingly a meeting between the General Manager (HRM) and his team and the usual Negotiating Team of our Association was held on 26th September 2011 at Baroda Corporate Centre, Mumbai. Detailed discussions took place in a congenial note with the statement that by end of October 2011 various issues will be resolved. Under such circumstances we deferred our action programmes.

However, as you are aware, so far only one issue viz. increase in the rental ceilings is resolved. Issues such as review of scheme for Furniture and Fixtures, Reimbursement of House Maintenance Expenses to remaining category of officers and amount of reimbursement to be made at par with those living in accommodation leased in Bank’s name, Monetary Compensation to officers who are required to work beyond normal duty hours, Sundays and Holidays, Arbitrary denial of rightful entitlements like payment of officiating allowance, Baroda Financial Reward to all employees so that all get a share in the cake they bake, remain unresolved.

Disturbed with such a situation the undersigned called on the Chairman & Managing Director on 1st November 2011 and conveyed our serious concern on non-resolving a number of issues, be it house maintenance expenses or Furniture & Fixture Scheme or categorization leading to payment of officiating allowance etc. notwithstanding the various assurances. The CMD gave a patient hearing and promised to take necessary action by 12th November 2011. Friends, let us wait - let us wait for some more days.

 

With greetings,

 

                                                         Yours sincerely,

                                                                                 (K.K.NAIR)

                                               GENERAL SECRETARY


PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES



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 CIRCULAR TO MEMBERS NO.21 OF 2011                     31st October 2011

 Dear Members,

You are all aware of the decision taken by UFBU conveyed to you vide our circular No.19 dated 14th October 2011, to launch agitation including strikes in protest against the purported move to foist the retrograde and anti-employee recommendations of the Khandelwal Committee by Public Sector Banks.

For your information and for creating an awareness amongst Bank’s customers and public at large we reproduce hereunder the gist of major recommendations:

  MANPOWER AND RECRUITMENT PLANNING :

  • To be an annual well structured and rigorous exercise for 5 year period, factoring gaps in skills and competencies.
  • Banks to monitor staff costs and endeavor to achieve staff cost ratio of 50% in the next 5 years;
  • PSBs to outsource non-core activities.
  • To implement Business Process Re-engineering (BPR) and Change Management.
  • PSBs to reach Officer-clerk ratio of  1 : 0.5 for metro and urban branches &  1 : 0.75 for rural and semi-urban branches in next 3 years.
  • Recruitment of direct officers to be 50% of total officer vacancies.
  • Entry qualification for clerical recruitment to be graduation;  for sub-staff, X standard pass.  Standard of recruitment of new clerical and officers staff to be raised in tune with the new requirements.
  • Fresh recruitment of clerks to be restricted to rural and semi-urban branches; rural service to be made mandatory for new clerks.
  • Banks to incentivize mobility of clerical staff to rural areas.

 

  TRAINING AND SKILL DEVELOPMENT OF STAFF :

  • New dispensation for training called for – Training system to focus on creation of talent pool in critical areas.
  • Greater focus to be given to women and staff in rural areas.
  • E-learning to be extensively used.
  • Role related training to be made compulsory for Executives in Scale IV and above.
  • External and overseas training to be aligned to talent management strategy.

  CAREER PLANNING :

  • Officers to be provided well rounded exposure in banking operations before entering Scale IV.
  • Present mandatory rural service for officers to be continued.
  • Promotion process to be vigorous and methodology to include modern tools.
  • System to be put in place for identifying star performers and tracking their performance.
  • Special HRD efforts to be in put place for development of women and SC / ST employees.
  • Sabbatical leave of 2 years to be allowed at request to women  employees.

 

   PERFORMANCE MANAGEMENT :

  • Promoting high performance culture across the organization to be the objective – Performance Management System (PMS) to be a credible, transparent and interactive system covering all categories of staff – including workmen staff.
  • Discipline of PMS to be enforced – Appraising authorities to be made accountable for proper and timely assessment.
  • 360 degree feedback system to be introduced for Scale IV and above.

 

   Reward Management :

   Broad contours of the principles that may govern the performance – linked   incentive schemes of PSBs:-

  • The incentive scheme should aim at performance differentiation and reward the pivotal employees.  This is with a view to retain employees in critical areas and build future leadership pipeline.
  • Total amount of incentive to be paid by a PSB in a year not to exceed 2% of its average net profit earned over the previous two years.
  • Incentive to be limited to 25% top performers who are covered under PMS.
  • The Committee further recommends that in tune with market trends, PSBs may consider offering Employee Stock Option Plan (ESOP), in the future, as a measure of promoting ownership in the employees as also retaining talented workforce.  This is to be limited to 15% top performers in the executive cadre including CMDs and EDs.

 

   Succession Planning and Leadership Development :

  • Succession planning to be introduced for identified critical and leadership positions – Each position to have 3 persons in the reserve.
  • Comprehensive leadership development strategy to be developed for Scale IV and above.
  • Modern HRD tools like Assessment Centre and 360 degree feedback to be used for potential identification.
  • A common pool of GMs in the industry to be created for future ED / CMD positions.
  • Bankers’ Leadership Development Institute (BLDI) to be set up for creating future leaders, research, benchmarking, best practices, etc.

  PROFESSIONALISATION OF HR :

  • Large banks to be provided ED (HR) to drive HR agenda from the top.
  • A steering Committee of the Board on HR to be constituted to discuss critical HR issues.
  • A Monitoring Group to be set up at the Ministry for monitoring HR transformation agenda in PSBs.
  • HR professionals to be recruited at senior and junior levels.
  • HR administration to be automated through web-based system.
  • HR audit to be introduced.
  • Award to be instituted for best HR practices.

 

  WAGES & SERVICE CONDITION :

  • PSB Boards to decide on bank-specific wage and compensation structure, in relation to capacity to pay, profitability, productivity, etc. and strictly within the overall guidelines of the Government in this regard.
  • Banks to consider variable pay as a major component of wages.  In such an arrangement, banks to have the discretion to go in for Cost-to-Company (CTC) concept.

 

  INDUSTRIAL RELATIONS :

  • PSBs to revisit and review all internal settlements that affect mobility, flexible utilization of staff, productivity, performance and customer service.
  • Bank managements to accord priority treatment to the issues of productivity and performance acceleration while dealing with IR issues.

 

In this connection the central UFBU has given a call to all State level units to organize State level Morcha to Chief Ministers / Governors and submit Memorandum to them as per draft already provided.

 

Let us all rise to the occasion and prepare ourselves to thwart any attempt to implement any of these recommendations.

 

With greetings,

 

                                                                   Yours sincerely,

                                                                      (K.K.NAIR)

                                                              GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES



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

CIRCULAR TO MEMBERS NO.20 OF 2011                 22nd  October 2011

 

      Dear Members,

 

Re: Scheme for providing residential accommodation to

       officers – Increase in the existing rental ceilings.

 ------o0o------

As you are aware, increase in the rental ceilings under the Scheme for providing residential accommodation to officers is one of the issues that our Association has been pursuing with the management. We wish to inform that the Bank has now increased the rental ceilings with effect from 1st October 2011 as under:

 

Centre

JMG/S-I

MMG/S-II & III

SMG/S-IV

 

 

Existing

 

 

Revised

 

Existing

 

 

Revised

 

Existing

 

 

Revised

 

 Delhi &

 Mumbai

 

 

6000

 

12000

 

7000 II

7500 III

 

13000

 

 

10000

 

15000

 

Other Major ‘A’ Class cities

 

5000

 

10000

 

6000 II

6500 III

 

11000

 

8000

 

13000

 

 

 

Area-I

 

4500

 

8000

 

5000 II

5500 III

 

8500

 

 

7000

 

10500

 

 

Area-II

 

3200

 

4500

 

3500 II

4000 III

 

5000

 

 

5500

 

6500

 

Other Centres

 

2500

 

3500

 

3000 II

3500 III

 

4000

 

3500

 

Case to case basis

 

 

We thank our Bank’s Chairman & Managing Director Shri M.D.Mallya and the management team for addressing this issue and giving much awaited relief to officers who have been reeling under unbearable burden of rise in rent in market.

With greetings,

                                                                          Yours sincerely,

                                                                              (K.K.NAIR)

                                                                    GENERAL SECRETARY

PLEASE CIRCULATE AMONGST OFFICER-COLLEGUES

 

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

CIRCULAR TO MEMBERS NO.19 OF 2011                          14th October 2011

 

Dear Members,

 

Re: 1) Certain facilities available to officers 

2) Khandelwal Committee Report

                      -----o0o-----

We conveyed to you vide our circular No.6 of 2008 dated 1st February 2008 that based on a representation made by our Association the Bank extended facilities of Kit Allowance, Books, House Maintenance for certain categories of officers and amendment to Conveyance Expenses  Scheme. We also reported that these facilities would be subject to  our Bank achieving a Net Profit of Rs.1000 crore p.a. Of these facilities viz., Kit allowance and House Maintenance Expenses continue to be linked to the above stated Annual Net Profit. In the context of our Bank achieving  Net Profit of more than Rs.1000 crore p.a. from 2007-08 onwards the Bank has decided to delink the above two facilities too from the annual Net Profit.

Khandelwal Committee Report.

With regard to the above, we reproduce hereunder the text of a circular dated 11th October 2011 issued by the Convener, UFBU for your information:

 

“ATTEMPTS TO FOIST ANTI-EMPLOYEE RECOMMENDATIONS OF KHANDELWAL COMMITTEE REPORT

All of us are aware of the retrograde recommendations of the Khandelwal Committee Report and we have been opposing the same. In the 5th August Strike also, this was one of the important issues.

Already lacs of rupees have been spent in the name of this Committee for studying HR issues in the Banks, but as expected the Committee has given its recommendations which are anti-employee and totally detrimental to the interest of the employees, officers and our unions.

It is learnt that attempts are afoot to foist these recommendations for implementation by the Banks. It is further learnt that Khandelwal Committee will be visiting various Banks to ensure the implementation. Hence we must intensify our protest against any attempt to implement Khandelwal Committee recommendations in any Bank.

The UFBU meeting will be held shortly to decide upon agitational programmes and strike actions to fight back these attempts.” Down with anti-employee/officer recommendations of Khandelwal Committee Report”

 

  With greetings,

                                                   Yours sincerely,

                                                     (K.K.NAIR)

                                           GENERAL SECRETARY                                                      

                                                                                              

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

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

CIRCULAR TO MEMBERS NO.18 OF 2011                        10th October 2011

 

Dear Members,

 

Re: Reimbursement of Traveling Expenses to Officers

       for using their own Vehicle for Office Duty

                                    -------o0o-------

 

As you are aware, in terms of Bank of Baroda Officers’ Service Regulation 41(2)(ii) officers who use their own vehicle for bank’s work are reimbursed traveling expenses at rates fixed from time-to-time. At the industry level IBA has been issuing guidelines in this regard to Banks whenever modifications are sought to be made in the said Regulation .

 

We are happy to inform that IBA has revised the rates of reimbursement considering the hike in petrol prices and decided to increase the “rate per Km” for travel in officer’s own vehicle, as under:

 

 

Sr.No.

Type of Vehicle

Existing rate of reimbursement per k.m. (Rs.)

Proposed rate of reimbursement per k.m. (Rs.)

(i)

Four wheeler –

Engine capacity of 1000 cc or more

 

Rs.5.80

 

Rs.9.00

(ii)

Four wheeler –

Engine capacity of less than 1000 cc

 

Rs.4.60

 

Rs.7.00

 

(iii)

 

Motor cycle and scooter

 

 

Rs.2.80

 

Rs.4.50

 

(iv)

 

Mopeds

 

 

Rs.2.00

 

Rs.3.00

 

The above rates will be effective from 30th September 2011.

 

With greetings,

                                                                                                           

                                                                        Yours sincerely,

                                                                         ( K.K.NAIR)

                                                                    GENERAL SECRETARY

                         

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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

 CIRCULAR TO MEMBERS NO.17 OF 2011                       12th September, 2011

 

 

Dear Members,

 

RE:  FOUNDATION DAY CELEBRATIONS

-------o0o--------

 

Today our Association enters into the 48th year of its eventful and glorious existence. On this historic occasion we convey our Warm Greetings and best Wishes to each one of you. We fondly remember and salute our founder leaders for organizing Officers with the golden principle of “One for all and all for one”.  We also acknowledge with grateful thanks the role played by our past and present members to strengthen our Association.

 

Our Association through its momentous journey of 47 years with a brilliant record of service to members and constructive approach to the wider issues, played a pivotal role on the Bank’s Business Growth.  Committed to the self imposed philosophy of “Grow with the Bank” we enthused officers, notwithstanding the numerous constraints and helped the Bank to scale new heights of performance year after year.

 

Simultaneously, we played a cardinal role in protecting and promoting the interest, rights and privileges of members including service conditions, welfare measures and redressal of their genuine grievances. Committed to the principle of ‘Avoid avoidable confrontation’, methods adopted by us all these years have been constructive and persuasive exhibiting enormous patience. Whenever such golden traits were construed as weakness and issues concerning officers are kept pending, we have not hesitated to choose the path of agitation.

 

Friends, such an occasion has now come; the Association has given a call for agitation in pursuit of getting the long Pending Issues resolved.  Let us make these protest actions a grand success.

 

With greetings,

 

                                                                        Yours sincerely,

                                                                           (K.K. NAIR)

                                                                         GENERAL SECRETARY



 

 

 

PLEASE CIRCULATE AMONGST OFFCER-COLLEAGUES

 

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

CIRCULAR TO MEMBERS NO.16 OF 2011                   10th September 2011

 

Dear Members,

 

Re: Agitational Programme–

                                                        All India Protest Actions.

-------o0o-------

 

As reported to you vide our Circular No. 15 dated 2nd September 2011, the emergency meeting of the Zonal Secretaries was held at Mumbai on 4th September 2011.

 

The meeting noted with deep regret the continued apathy of the management to resolve the long Pending Issues and decided to commence country wide Action Programmes culminating in One Day Token Strike on 11th November 2011.

 

Details of the Action Programmes are as under:

 

Ist PHASE

 

 

  1. DEPUTATION TO REGIONAL/ZONAL HEADS AND BRANCHES HEADED BY AGM AND ABOVE (INCLUDING ZIC), CFS/SME WITH MEMORANDUM  BY ZONAL SECRETARIES ON   14.09.2011

 

  1. SENDING INDIVIDUAL PROTEST LETTERS ADDRESSED TO CHAIRMAN & MANAGING DIRECTOR ON 26.09.2011

 

  1. SENDING PROTEST TELEGRAMS TO CMD BRANCHWISE/OFFICEWISE TO BE SIGNED BY ALL OFFICERS ON 10.10.2011

 

  1. WEARING DEMAND CARDS FROM 11.10.2011 to 11.11.2011

 

  1. DISPLAY OF POSTERS 

 

 

IInd PHASE

 

 

  1. STOP WORKING ON SUNDAYS AND HOLIDAYS (DATE WILL BE ANNOUNCED)

 

  1. NOT ATTENDING ANY SPECIAL PROGRAMMES/MEETINGS/TRAINING AFTER OFFICE HOURS ON SATURDAYS, SUNDAYS AND HOLIDAYS – (DATE WILL BE ANNOUNCED.)

 

  1. DEMONSTRATION BEFORE BRANCHES AFTER OFFICE HOURS FROM 31.10.2011 TO 04.11.2011

 

  1. CENTRALISED DEMONSTRATIONS BEFORE REGIONAL/ZONAL OFFICES ANDBARODACORPORATE CENTRE, MUMBAI (DATE WILL BE ANNOUNCED)

 

 

IIIrd  PHASE

 

 

  1. MASS RALLY AFTER OFFICE HOURS AT REGIONAL/ZONAL HEAD QUARTERS, HEAD OFFICE AND BCC ON 08.11.2011

 

  1. DHARNA BEFORE REGIONAL/ZONAL OFFICE, HEAD OFFICE ANDBARODACORPORATE CENTRE ON 09.11.2011

 

  1. ONE DAY TOKEN STRIKE ON 11.11.2011

 

Friends, let us make each and every Action Programme a big success.

 

 

With regards,

 

                                                                                                Yours sincerely,

 

 

                                                                                                  (K.K.NAIR)

                                                                                       GENERAL SECRETARY

 

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

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

CIRCULAR TO MEMBERS NO.15  OF 2011                      2nd September 2011

 

Dear Members,

 

Re: Pending Issues –NOTICE period ends

-------o0o-------

 We, vide our circular No. 14 of 2011 dated 17th August 2011 conveyed to you the decision on Pending Issues taken by us in the meeting of Zonal Secretaries held at Baroda on 30th July 2011. Through the above circular we also reported to you that a copy of Resolution adopted in the above meeting, was handed over to the management under cover of our letter No. CO:47/374/2011 dated 9th August 2011.

 Friends, the dead line in the NOTICE has come to an end but we regret to inform that the management has not resolved any of the pending issues except an attempt made to resolve the issue of ‘Scheme for providing residential accommodation to officers- Enhancement of  Rental Ceilings and allied expenses’. During the course of an informal discussion we had with the management on 25th August 2011 certain proposals on enhancement of Rental Ceilings were brought out. We rejected these proposals as the quantum of increase did not match with the exponential growth of rent in market.

 Under such circumstances, an emergency meeting of Zonal Secretaries has been convened in Mumbai on 4th September 2011. The meeting shall finalise the Action Programme. Please await our next communication.

 

With regards

                                                                                         Yours sincerely,

 

                                                                                                (K.K.NAIR)

                                                                                         GENERAL SECRETARY

 

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEGUES

 

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

 CIRCULAR TO MEMBERS NO.14  OF 2011                           17thAugust 2011

 

Dear Members,

 

Re: Pending Issues.

-----o0o-----

 

 

We wish to inform that a meeting of the Zonal Secretaries of our Association was held at Baroda on 30th July 2011 to review and discuss various organizational matters. The meeting particularly discussed and expressed its regret that the management of our Bank has not resolved various pending issues of serious concern to officers repeatedly brought to its notice during the past two years causing serious disappointment and frustration amongst the rank of officers.

 

 

The meeting after detailed discussions passed a Resolution urging upon the management to resolve the pending issues. The meeting also decided to put the management on Notice that if these issues are not resolved within 21 days from the date of receipt of this Resolution, the Association will be compelled to resort to agitational programme. The text of the Resolution handed over to the management under cover of our letter No.CO:47/ 374 /2011 dated  9th  August 2011 is reproduced hereunder:

 

 

“ This meeting of the Zonal Secretaries of All India Bank of Baroda Officers’ Association held at Baroda on 30th July 2011 notes with regret that, a number of issues taken up with the management remain pending despite our constant follow up at different levels including at the level of the Chairman & Managing Director.

 

 

This meeting recalls with concern that even the Resolutions on Pending Issues passed in the Central Committee Meetings of the Association held at Jaipur on 12th and 13th September 2009 and at Mumbai from 21st to 23rd November 2010 which were forwarded to the Chairman and Managing Director, remain unresolved.

 

 

This meeting further notes with anguish that despite the urgency shown by the Association and waiting for more than two years, the management has not paid any heed to the genuine demands of the Association causing frustration and demoralization in the rank of officers.

 

 

 

 

 

Under such circumstances this meeting once again urges upon the management to resolve these long pending issues, enumerated hereunder:

 

  1. Scheme for providing residential accommodation to officers

            – Enhancement of Rental Ceilings and allied expenses.

 

  1. Scheme for providing Furniture and Fixtures – Review

 

  1. Reimbursement of House Maintenance Expenses –

 

  1. Extending the facility to the remaining category of officers.

 

  1. Amount of Reimbursement to be made at par with those

            living in accommodation leased in Bank’s name.

 

  1. Monetary compensation to officers who are required to work beyond normal duty hours, Sundays and Holidays.

 

  1. BarodaFinancial Reward – Need to bring all the employees under its ambit so that all employees get a share in the big cake they bake.

 

  1. Need to arrest the worsening Industrial Relation Scenario in the Bank more pronounced in the areas of arbitrary denial of rightful entitlements like payment of officiating allowance, sanction of leave including compensatory leave, shortage of staff more particularly in Branches, functioning of certain authorities in the Regional/Zonal levels.

 

This Meeting hereby Resolves to put the Management on NOTICE that if they fail to resolve these long pending demands within 21 days from the date of receipt of this Resolution, the Association will be compelled to resort to agitational programmes.”

                                                                                                           

                                                                                                              

With regards

                                                                                         Yours sincerely,

 

                                                                                                (K.K.NAIR)

                                                                                         GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEGUES

 

 

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

CIRCULAR TO MEMBERS NO.13  OF 2011                              16thAugust 2011

 

Dear Members,

 

                  Re: UFBU decides to continue the struggle.

                                           -------o0o-------

 

With regard to the above we reproduce hereunder the text of a circular issued by UFBU after its meeting held at Bangalore on 10th August 2011 for the information of our members:

 

 

“UFBU meeting was held atBangaloreon 10.8.2011 in the Office of Canara Bank Workers Organisation which was presided over by Com. Ashwani Rana (NOBW).

 

 

The meeting observed a minute’s silence to pay respects to the memory of Com. R.D.Trivedi, a senior leader of AIBEA who passed away on 4.8.2011.

 

 

Congratulations to all our members:  The meeting congratulated all our unions and entire rank and file membership for their massive response to the strike call and for making the strike a total success in every nook and corner of the country.

 

 

Thanks to Central Trade Unions:  The meeting expressed its thankfulness to all the Central Trade Unions for their support to our struggle as well as to the members of Parliament who supported our strike and raised these demands in the Parliament.

 

 

The wide press and media coverage not only explained the success of the strike but also helped to reach the people at large as to our demands and viewpoints.

 

 

Agitation to continue and intensify :

 

The meeting noted that even though the IBA and the Government intervened in the matter at the last minute, there was no concrete offer from the IBA to resolve the issues.  Hence the meeting, after detailed discussions, came to the inescapable conclusion that the agitation and struggle has to be continued, carried forward and intensified.

 

 

 

 

 

 

 

 

 

 

 

 

The following are the broad programmes that will be undertaken in the coming period.

 

1.         Holding of further campaign meetings, seminars, workshop, etc both amongst the employees as well as of the customers to explain the issues and demands in details.

2.         Meeting the Finance Minister, Secretary/Banking and IBA Chairman in a delegation demanding amicable solutions to the issues raised by UFBU.

3.         Mass Deputations to CMD/MDs of all Banks asking them to take up the matter with IBA to expedite the resolution of our demands.

4.         State Level Morcha / Rally in all State Capitals in October, 2011 and submit memorandum to Chief Ministers / Governor.

5.         Demonstrations, rallies, Badge wearing, Poster Campaign, etc.

6.         Meeting leaders of trade unions, political parties, Members of Parliament, etc. to further seek their support in the ensuing agitations.

7.         State-Level Conventions against outsourcing and building up programmes on this issue.

8.         National Seminar inDelhion Banking Reforms and its adverse impact.

9.         Mass Rally / Dharna before Parliament in the first week of November, 2011.

10.       MORE  STRIKE  ACTIONS / CONSECUTIVE STRIKES IN NOVEMBER, 2011 during winter session of Parliament.

11.       In the meantime, if the Banking Laws (Amendment) Bill, 2011 is hurried up by the Government to be passed in this session of the Parliament, instant strike on the day the Bill is taken up in the Parliament for passage.

 

Comrades, our issues are very reasonable. Our demands are genuine and justified.  If the IBA and Government do not take serious steps to resolve our demands, there is no other way than to escalate and intensify our agitation.

 

The detailed programmes, dates of the programmes, etc. will be finalised and released shortly.”

 

With greetings,

                                                                                          Yours sincerely,

                                                                                                           

                                                                                                (K.K.NAIR)

                                                                                          GENERAL SECRETARY

 

                     PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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

CIRCULAR TO MEMBERS NO.12 OF 2011                             6th August 2011

                                                                                                                    

Dear Members,

 

Re: 5th August Strike – a grand success

-------o0o-------

 

I am extremely happy to report that 5th August Bank strike organized by UFBU received overwhelming response from bank employees, both bank workmen and non-workmen. It was indeed a grand success. Text of a circular issued by Convener, UFBU in this regard on 5th August 2011 is reproduced hereunder for your information.

 

“Thanks, Greetings, Congratulations, Salutations, Compliments and all kudos to you, dear comrades and colleagues. You have made it again and made today’s strike an impressive success. All glory to you, your unity and your militancy. On behalf of UFBU and all our constituent Unions, we convey our sincere thanks to all of you for your wholesome response to the strike.

 

From metropolitan cities, from major towns and even from far flung places in deep north and north east, reports are pouring in about the success of the strike and massive turn out in the demonstrations and rallies. There is a large-scale coverage in the press media about the impact of our strike.

 

Even though two rounds of conciliation meetings were held by the Chief Labour Commissioner, and a high-level meeting by the Secretary, Department of Financial Services along with the IBA Chairman was held with the UFBU, no concrete solutions could be offered by them to resolve the issues except assurances that the issues can be settled in due course by discussion. Hence the strike became unavoidable and inevitable.

 

Comrades, our Strike has received unprecedented support from all the Central Trade Unions and other fraternal unions in various sectors like Insurance Sector, Central and State Government employees, etc. Many members of Parliament have extended their support to us. Our issues were raised in the Parliament today by Com. Gurudas Dasgupta, AITUC, Com. Tapan Sen, CITU and other leaders. These have given us a moral boost.

 

Our issues are justified. Our demands are reasonable. Our concerns are genuine. We shall continue and intensify our struggle.

 

UFBU is meeting at Bangalore on 10th August, 2011 to chalk out further course of action.”

 

With regards,

                                                                      Yours sincerely,

                                                                                                         

                                                                      

                                                                           (K.K.NAIR)

                                                                 GENERAL SECRETARY  

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

==

CIRCULAR TO MEMBERS NO.11 OF 2011                                             4th  August 2011

 

                                                                                                                    

 

Dear Members,

 

 

 

Re: UFBU decides to go ahead with the strike call.

 

-------o0o-------

 

 

 

We refer to our Circular No.10 dated 1st August 2011 and wish to inform that UFBU had two rounds of discussions with the CLC (Central), Mr. D. K. Mittal, Secretary, Dept. of Financial Services, Ministry of Finance and his team along with IBA Chairman Mr. M. D. Mallya and his team on 3rd  August 2011. However these meetings could not result in any tangible solutions to our demands and hence UFBU has decided to go ahead with the strike on 5th August 2011.    The text of a circular issued by UFBU in this regard is reproduced hereunder:

 

 “Further to the conciliation proceedings held on 1-8-2011 by the Chief Labour Commissioner, another round of meeting took place before the CLC yesterday (3-8-2011) morning.  In the meantime, we were informed that the Finance Ministry officials would meet UFBU in the afternoon.  Hence the conciliation meeting was adjourned to 5-00 PM.

 

In the afternoon, a meeting with the UFBU was held by Mr. D K Mittal, Secretary, Dept. of Financial Services, Ministry of Finance, Govt. of India.  Mr. Rakesh Singh, Additional Secretary, Mr. Alok Nigam, Joint Secretary, Mrs. Shreya Guha, Director of the Dept. of Financial Services / Banking Division were also present in the meeting.  From the IBA, Mr., M D Mallya, Chairman, IBA was present along with Mr. Unnikrishnan, Dy. Chief Executive and Mr. Venugopalan, Officer on Special Duty.

 

Mr. Mittal, who had assumed his office in the Finance Ministry only on 1st August, 2011 and who had taken initiative to hold this meeting, stated that given the present economic condition in our country, the strike would have a negative impact  and the Government is always prepared to look into our grievances and issues.  Mr. M D Mallya, Chairman, IBA also appealed to the UFBU to reconsider the strike call  and come forward to resolve the issues by discussions.

 

In this background, the conciliation proceedings were re-convened before the Chief Labour Commissioner in the evening. While taking note of the appeal of the Government and IBA, since nothing concrete had emerged as solutions to our demands, UFBU informed the Chief Labour Commissioner that it is constrained to proceed with the Strike Call.  The conciliation meeting concluded accordingly.

 

Comrades, in view of the above we call upon all our unions and members all over the country to go ahead and implement the strike call as scheduled.

 

UFBU has convened its meeting at Bangalore on 10th August, 2011 to discuss and decide further course of action programmes.”

 

 

 

With regards,

 

                                                                            Yours sincerly

                                                                              ( K.K.NAIR)

                                                                       GENERAL SECRETARY  

 

 

 

                          PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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

CIRCULAR TO MEMBERS NO.10 OF 2011                                             1st August 2011

                                                                                                                     Camp: New Delhi                                                                                                                

Dear Members,

 

Re: Conciliation Talks before Chief Labour Commissioner – No positive outcome – one more round of conciliation meeting on 3rd Aug. – However, UFBU decides to continue with the strike call.

-------o0o-------

 

We refer to our Circular No.9 dated 29th July 2011 and wish to inform that the Chief Labour Commissioner, CLC (Central) held conciliation proceedings at 11.00 A.M. today at New Delhi. However the conciliation meeting could not yield any positive result. Chief Labour Commissioner (Central) has adjourned the proceedings to 11.30 AM. in New Delhi on 3rd August 2011.

 

The text of the circular issued by UFBU in this regard is reproduced hereunder:

 

“In response to the strike notice served on the Indian Banks Association by the United Forum of Bank Unions, Mr. N K Prasad, Chief Labour Commissioner, Ministry of Labour, Government of India held a conciliation meeting today in his office at Shram Sakthi Bhavan, Delhi.

 

Representatives of the UFBU as well as the Indian Banks Association (IBA) were present in the conciliation meetings. 

 

From UFBU we explained the demands in detail and urged upon the CLC to intervene for settlement of the issues.  IBA submitted their counter-response to our demands and virtually rejected our demands saying that some of the issues like compassionate appointment scheme, uniform staff housing loan scheme, etc. are pending consideration by the Government and many of the issues raised by UFBU are policy matters of the Government.  CLC exhorted the IBA and the Unions to explore the possibility to find solutions to the issues by bilateral talks atleast on those issues where IBA can take decisions.  With this, the conciliation proceedings have been deferred to 3-8-2011.  

 

Going by today’s proceedings, it is clear that the IBA and Government are not taking our issues seriously and hence UFBU decided to go ahead with the strike call.

 

We call upon all our unions and members to implement the strike call and make the strike a total success.”

 

With regards,

                                                                                                      Yours sincerely,

                                                                                                         

                                                                                                   

                                                                                                           (K.K.NAIR)

                                                                                               GENERAL SECRETARY  

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

 

CIRCULAR TO MEMBERS NO.9 OF 2011                                                 29th July 2011

 

Dear Members,

 

                Re: (1) All India Bank Strike on 5th August 2011

                       (2) Additional Retirement Benefits

                                                             -------o0o-------

 

We have informed you through our circular No.8 dated 1st July 2011 that All India Bank strike proposed to be held on 7th July 2011 has been deferred to 5th August 2011 synchronizing with the Parliament Session. Accordingly an amended Strike Notice has been served on the Chairman, Indian Banks’ Association by UFBU.

 

While preparing to make the 5th August 2011 strike a grand success, the Chief Labour Commissioner (Central) has called for a Conciliation Meeting at 11.00 a.m. on Monday, 1st August 2011 at New Delhi. We shall advise you the outcome after the Conciliation Meeting.

 

Additional Retirement Benefit

 

The Scheme for Additional Retirement Benefit (ARB) to officers in our Bank provides that an officer on his Retirement/Voluntary Retirement/Death shall be eligible for payment of six months emoluments as Additional Retirement Benefit provided he had completed 25 years of service in the Bank.

 

This retirement benefit until recently was being extended to all retired officers who fulfilled the above mentioned eligibility criteria. However instances of denial of this benefit to officers who retired recently, though falling under the above said eligibility criteria are brought to our notice by affected officers. Simultaneously we have also come across instances of payment of this benefit to some other equally placed officers. We have already taken up this issue with the management requesting them to pay the ARB to those officers who are retired but denied and those who will retire from the Bank after putting in 25 years of service in the Bank. We are awaiting a response from the management.

 

With greetings,

                                                                                                

                                                                                        Yours sincerely,

                                                                                                     

                                                                                            (K.K.NAIR)

                                                                              GENERAL SECRETARY

        

 

                     PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES                                      



 

 

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

 

  CIRCULAR TO MEMBERS NO.8 OF 2011                                          1st July 2011

 

    Dear Members,

 

                               Re: All India Bank Strike on 07.07.2011 stands deferred.

                                                                          -----o0o-----

 

We refer to our circular N o.6 of 2011 dated 2nd June 2011 on the captioned subject. We now write to inform you that the meeting of the UFBU held at Chennai on 30th June 2011 has decided to defer the proposed Banks Strike to 5th August 2011. For your information we reproduce hereunder the text of a circular issued by the Convenor of UFBU in this regard.

                         

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

           “  - To synchronise our Strike during Parliament Session

 

-          UFBU decides to change the Strike date from 7th July to 5th August, 2011

-          Respond massively

 

Pursuant to the clarion call given by UFBU and the unanimous Declaration adopted in our National Convention, bank employees and officers have been moving forward towards our All India Bank Strike on 7th July, 2011.

 

There have been enthusiastic response to the programmes and mobilization is also in full swing.  In the meantime, we were expecting the Parliament Session to be convened in July so that our Strike will get echoed in the Parliament too.  But the Parliament Session has been convened from 1st August, 2011.  In this background a meeting of the UFBU was held today in Chennai wherein it was felt expedient to re-adjust our Strike date suitably with a view to synchronise it with the Parliament Session.  After discussion, it has been decided that our All India Bank Strike will be postponed from 7th July to 5th August, 2011.

 

Further, upon representations from our Unions in RRBs, Co-operative Banks and Daily Deposit Collectors to include their demands to enable them to wholeheartedly participate in the programmes/ Strike action, it was decided to accede to their request.

 

Comrades, all our unions and members would observe that after our Convention, the attacks are only being intensified.  OECD Report has recommended wholesale banking sector reforms.  USA is also pressurising for banking reforms inIndia to be expedited.  Government’s thinking is not too different from these.  Hence our unity and strike actions are important.

 

Further preparatory programmes will be announced separately. 

 

Let us make the 5th August Strike a clear warning signal to the Government.

 

March on to 5th August, 2011 Strike.”

 

With greetings,

 

                                                                                            Yours sincerely,

 

                                                                                                 (K.K.NAIR)

                                                                                       GENERAL SECRETARY

                                                                                                           

 

                                PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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

CIRCULAR TO MEMBERS NO.7 OF 2011                          8th June 2011

 

Dear Members,

 

                   Re: 1) Promotions to Scale II, III and IV

                          2) Inter-Zonal Retransfer of officers

                                           -------o0o-----

 

We are happy that our Bank has since completed the exercise for promotion to various Scales/Grades for the year 2010-2011. In all 2210 officers have been promoted to Middle Management Grade/Scale II, Middle Management Grade/Scale III and Sr.Management Grade/Scale IV as under:

 

Grade/Scale                             Normal Channel     Fast Track Channel         Total

 

MMG/S-II                                           861                     138                           999

MMG/S-III                                         969                       02                           971

SMG/S-IV                                          180                       60                           240

                     Total:                            2010                     200                         2210     

 

We convey our grateful thanks to the top management team more particularly the Chairman & Managing Director Shri M.D.Mallya for providing career progression to such a large number of officers in our Bank. We are glad that the Bank has, for this exercise, dispensed with interview for promotion from MMG/S-II to MMG/S-III to hasten the process. We take this opportunity to congratulate each and every successful candidate for their well deserved promotions.

 

Inter-Zonal Retransfer of officers     

 

We are also happy to inform that the exercise for inter-zonal retransfer of officers 2010-2011 is now almost completed. Our Bank’s Corporate Office, Mumbai has since advised Zones to retransfer eligible and willing officers to their parent/choice Zones on a phased manner, in any case on or before 13th June 2011. The Corporate Office has also advised Zones various guidelines to be adopted while identifying substitutes under deployment scheme subject to exemptions as provided in the Transfer Policy.

 

With greetings,

 

 

                                                           Yours sincerely, 

 

                                                              (K.K.NAIR)

                                                    GENERAL SECRETARY

 

 

        PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES



 

 

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

CIRCULAR TO MEMBERS  NO.6 OF 2011                        2nd June, 2011

 

Dear Members,

                               Re:  National Convention of Bank Employees -

                                       Decision to go on agitational programme –

                                      All India Bank Strike on 07.07.2011.

                                                     --------------o0o-----------

As Scheduled, the National Convention of Bank Employees under the aegis of UFBU was held in New Delhi on 20th May, 2011.  The convention was attended by over 600 leaders of various constituent unions of UFBU and addressed by leaders of Central Trade Unions S/Shree Dr. G. Sanjiva Reddy, M.P., Umaromal Purohit, B.N. Rai, Gurudas Das Gupta and A.K. Padmaanabhan from INTUC, HMS, BMS, AITUC and CITU respectively.

 

The Convention adopted a Declaration outlining various important issues confronting the banking sector and bank employees and decided to go on agitation culminating in an All India Bank Strike on 7th July, 2011.  About 10 lacs Bank employees, both workmen and officers, working in various Public Sector Banks, Private Sector Banks, Foreign Banks, Co-operative Banks and Regional Rural Banks will participate in the strike.

 

In this connection we reproduce hereunder, for your information, the text of the DECLARATION adopted unanimously in the Convention:

 

“This National Convention of trade unions of bank employees and bank officers under the banner of United Forum of Bank Unions and representing near total of employees and officers of the Indian Banking Industry notes with serious concern the various financial policies of the Govt. which are detrimental to the interest of the banking sector, public interest, banking staff and their rights and benefits.

In the name of banking sector reforms, the Govt. is attempting to reduce their share of Equity Capital in the Public Sector Banks thereby increasing the hold of private capital in these Banks.  Recently the Govt. has availed loan from World Bank in order to capitalise the Banks and thus bringing the conditionalities of the World Bank over the performance and functioning of our Banks.  The Govt. is also pursuing their policy of consolidation and merger of Public Sector Banks which are totally unwarranted and would in no way benefit to strengthen our Banks.  Similarly, the Govt. is also encouraging more FDI in the Banks, particularly in the Private Sector Banks and has introduced a Banking Regulation Act Amendment Bill in the Parliament for removing the existing ceiling on voting rights of the foreign investors.

The Govt. has also announced its decisions to formulate new banking licensing policy to enable Industrial houses to start Banks.  Even on issues like outsourcing the permanent and perennial jobs, the managements are pursuing reckless policy of Outsourcing various jobs and services. To compound the problem, Banks are appointing private Business Correspondents and Business facilitators which is nothing but privatizing the banking jobs and services. 

The Convention notes with serious concern the retrograde proposals of the Khandelwal Committee like dismantling industry-level wage settlement, introduction of Fixed / Variable Pay

 

for employees, freehand to transfer employees, freedom to outsource all permanent bank jobs, etc. and rejects the Report and demands its withdrawal.

On issues concerning the employees and officers, important issues are being glossed over. The revised scheme on compassionate ground Appointment/Financial Compensation to the family of deceased employees stood resolved between IBA and UFBU long back but till today it has not been approved by the Govt. and allowed for implementation.  When better customer service is the cry of the day, adequate employees and officers are not being provided at the Branches.  There is dire need to resort to massive recruitments and revival of BSRB for undertaking this process as against the existing private agency.  The demand for improvements in pension scheme on the lines of the Govt. Scheme like updation of pension, 100% DA neutralisation on Pension, improvement in commutation, family pension, ex-gratia for pre-1986 retirees, etc. are most genuine issues but not being attended to by the Govt..  Introduction of 5 day week, regulated and defined working hours for Officers, etc. are also very important issues that need to be resolved expeditiously.  On the other hand, Govt. has given instructions that no service conditions of the employees in the Banks should be improved upon without their specific approval.

All these have created a situation of total unrest amongst the employees and officers of the banking sector.

This Convention, after careful deliberations and consideration, has come to the unanimous conclusion that, all out efforts should be taken by the UFBU to fight back the increasing attacks on the banking sector and on the bank employees and officers and build up programs, agitation to repulse these attacks.

The Convention, accordingly, gives the following action programs:

 

            1.  Submission of Mass Memorandum to Bank managements by all our unions.

  1. 2.  Deputation to CMDs of Banks by UFBU Constituents in each bank.
  2. 3.  Mass Demonstrations before Banks throughout the Country on a day to be decided locally (Between 20-25th June, 2011).
  3. 4.  Badge-wearing on 30.06.2011.
  4. 5.            Mass Rallies in major cities and towns on 4.7.2011.
  5. 6.            All India Bank Strike on 7.7.2011.
  6. Further agitations and Strike actions to be announced thereafter.

The Convention calls upon all Unions of UFBU and their members throughout the Country to rise as one man and implement the programmes and strike action effectively.

The UFBU appeals to all the Central Trade Unions to extend their full support to our agitational programmes.

Sd/-

AIBEA

Sd/-

AIBOC

Sd/-

NCBE

Sd/-

AIBOA

Sd/-

BEFI

Sd/-

INBEF

Sd/-

INBOC

 

Sd/-

NOBW

Sd/-

NOBO

 

With greetings,                                                                                       

                                                         Yours sincerely,

 

                                                           ( K.K.NAIR)

                                                   GENERAL SECRETARY

 

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CIRCULAR TO MEMBERS NO.5 OF 2011                                  30th  April 2011

 

Dear Members,

 

Re: National Convention of Bank Employees

-----o0o-----

 

A National Convention of Bank Employees will be held in New Delhi on 20th May 2011 to consider Government’s various initiatives to implement Reforms Agenda in the Banking Sector such as consolidation and merger of Banks, issuing licenses to industrial and corporate sector to open more banks in private sector, virtual handing over of macro financing in private hands, proposals to allow more FDI in Banks etc. and to take appropriate decision.

 

Yet another important agenda for the proposed National Convention would be issues pending with IBA/Govt. and the urgency to resolve them necessitating an action programme to be launched by Bank Employees. This also includes, inter-alia, outsourcing, anti-Employee recommendations of Khandelwal Committee, Compassionate Appointments, regulated working hours, 5 days work, etc. The following two issues concerning Bank Employees working in Nationalised Banks are also coming up for discussions in the meeting:

 

  • Parity in starting Basic Pay and other service conditions with SBI officers.

 

  • Parity in Wage Revision increase (9th Bipartite Settlement) consequent to SBI diverting the Pension Balancing Cost of Rs.289.64 crores and distributing this sum amongst the SBI employees as Allowances; resultantly SBI officers got a wage increase of 24% plus whereas Nationalised Bank officers got only 17.5%.

 

Dr.G.Sanjeeva Reddy, M.P. and President INTUC along with other Central Trade Union Leaders are expected to attend the Convention. The Convention shall adopt the Dedclaration to be finalized by UFBU at a meeting that will be held on 19th May 2011 at 5.00 P.M. Further details will be communicated after the Convention.

 

With greetings,

 

 

                                                                     Yours sincerely,

                                                                                        

                                                                     (K.K.NAIR)                          

                                                        GENERAL SECRETARY 

               

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CIRCULAR TO MEMBERS NO. 4 OF 2011                                        7th April 2011

 

Dear Members,

Re:  1. Shri M.D.Mallya elected as Chairman of IBA

2. Exercises for promotions to higher Scales/Grades

3. Inter-Zonal Retransfer of officers.

4. Pending Issues – present status.

                                                         --------oOo--------

 

We take this opportunity to congratulate Shri M.D.Mallya our Bank’s Chairman and Managing Director on his election as the Chairman of Indian Banks’ Association (IBA). On this historic occasion, we convey our greetings and best wishes to Shri Mallya.

Exercise for promotion to higher Scales/Grades

Our Bank has held written tests on 13th March 2011 for promotions to Middle Management Grade/Scale II and III to fill up a total vacancy of 1850, in Scale II 1000 and Scale III 850. Results of the written test are expected soon. As per the Promotion Policy there will be no interview for promotion to Scale II. Likewise if the successful candidates in the written test are equal to or less than the number of vacancies in Scale III, the management can take a view on holding interview and dispense with it for the current exercise to hasten the process. Similarly the interview process for promotions to Scale IV is already completed. Results are expected soon. With this the exercise for promotion to various Scales for the year 2010-2011 will come to a happy end.

Inter-Zonal Retransfer of officers.

The ongoing exercise for inter-zonal retransfer of officers is in full swing. All efforts are being made  to expedite the process so that officers can return to parent/choice zone soon.

Pending Issues- Present Status

We have been updating you with the status on the issues pending with the Bank. All these issues were discussed with the Bank in the Structured Meeting held on 3rd March 2011 when Shri M.D.Mallya, Chairman and Managing Director and Shri N.S. Srinath, Executive Director were present along with the negotiating team of the management led by Shri Ulhas Sangekar, (General Manager HR & Marketing). We have yesterday taken up these issues once again with the Chairman and Managing Director urging to resolve these issues which are of vital importance for officers, who have worked and continue to work for the growth and glory of our Bank year after year scaling new heights. Let us await a decision from the Chairman and Managing Director.

With greetings,

                                                                                          Yours sincerely,

                                                                                             (K.K.NAIR)

                                                                                      GENERAL SECRETARY

 

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

 

 CIRCULAR TO MEMBERS NO.3 OF 2011                                       30th March 2011

 

Dear Members,                                                           

 

Re: Income Tax on contribution to 2nd Option Pension Cost.

----o0o----

 

As you are aware, in terms of the Joint Note dated 27th April 2010 on salary revision reached between IBA and INBOC, along with the other three industry level organizations of officers, all officers in the service of banks as on 27th April 2010 and who exercise option to join the Pension Scheme will contribute from their arrears of wage revision an amount of Rs.922 crores as their share in the amount of Rs.1800 crores towards 30% representing funding gap of Rs.6000 crores. The said amount was worked out @2.8 times of the revised pay for the month of November 2007.

 

Our Bank, while paying arrears of salary to officers who have joined the Pension Scheme, withheld an amount equal to 2.8 times of the Pay for the month of November 2007 for crediting to Pension Fund. However while calculating TDS the above stated withheld amount was also included in the gross income which according to us are contrary to the provisions of Income-Tax Act, 1961. Consequently our Association filed a Writ Petition No.W.P. No.5078/2011 in the High Court of Madhya Pradesh Principal Seat at

 

 

 

 

Jabalpur

 

 

challenging the deduction of Income Tax on 2.8 times of revised Basic Pay as on 01.11.2007.

 

This Petition came up for hearing today before the Hon’ble Justice K.K.Lahoti and Hon’ble Justice Smt. Sushma Shrivastava. The

Hon’ble Court

passed the following order:

 

  1. The respondent/Bank may deduct the amount from the arrears of salary, as provided in the agreement dated 27.04.2010. The bank after deducting the amount may also retain the amount of TDS with the bank and remaining amount may be transmitted to the fund as per the agreement.
  2. So far as the amount of TDS is concerned, it shall be retained by the bank in a separate account and shall not be transmitted to the Income Tax Department, till next date of hearing.

 

The Petition is listed for hearing on 25.04.2011.

 

With greetings,

                                                                                                      Yours sincerely,

 

                                                                                                         (K.K.NAIR)

                                                                                             GENERAL SECRETARY

 

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

 

 

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CIRCULAR TO MEMBERS NO. 2 OF 2011                                      11th March 2011

Dear Members,

                                        Re: Shri V.B.Chavan appointed as a

                                              Director on the Board of our Bank.

                                                         --------oOo--------

 

We are extremely happy to inform that Shri V.B.Chavan, Secretary (Maharashtra & Goa) has been appointed as a Director representing officers on the Board of our Bank with effect from today, in terms of a Notification issued by Govt. of India, Ministry of Finance, Department of Economic Affairs (Banking Division)

 

 

New Delhi

dated 11th March 2011. This announcement is in conformity with our Association submitting a panel of three names of senior most Secretaries to the Govt. of India through our Bank and is yet another epoch making event in the illustrious history of our Association.

Friends, the appointment of our Shri V.B.Chavan has come at a time when our officers are making all efforts with total commitment to make our Bank of Baroda, the Best Bank in the Industry. We are confident that Shri Chavan will make significant contribution to realize the above goal upholding the Welfare of Officers’ community and keeping in mind the philosophy of our Association.

On this historic moment, we wish to place on record our sincere appreciation and grateful thanks to Shri. R.K.Chatterjee for the valuable role played by him during his tenure as Officer Director on the Board of our Bank. We also take this opportunity to congratulate Shri V.B.Chavan and wish him all success in his new assignment. We urge upon each one of you to extend Shri Chavan your unbridled support and co-operation to enable him to discharge his duties effectively.

With greetings,

                                                                                                                                     Yours sincerely,

                                                                                                         (K.K.NAIR)

                                                                                                GENERAL SECRETARY

 

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CIRCULAR TO MEMBERS NO.1 OF 2011                               1st January 2011

 

Dear Members,

 

Let us power the New Year with

‘Passion to outperform’

-----o0o-----

 

On this 1st day of 2011 we greet all our members and their families with a Wish to make and Prayer to offer for the very best in their life always in this New Year and ever thereafter. Let us step into the New Year with full of confidence and passion to outperform to ensure our Bank scales new heights of all-round performance and quality standards and with determination to realize our pending demands to improve our service conditions.

 

The year 2010 was a memorable year for us in our Bank. The Bank came out with a sterling performance on all parameters particularly record making profit, Balance Sheet size and other fundamentals. It has not only redeemed but also fortified our firm belief in the quality and capability of ‘Team Baroda’ led by Shri M.D.Mallya, the Chairman & Managing Director. Our Bank indeed has become the best apple in the entire basket of Public Sector Banks bestowed with the prestigious Best Bank - 2010 award by Business India, a renowned Financial Journal. This mile-stone performance must boost up the passion of every officer to outperform and outshine the performance in the current year.

 

The year 2010 also witnessed the fulfillment of our pledge to accomplish Wage Revision and Pension – second option. The new Settlement reached on both these issues on 27th April 2010 is historic as well as unique – we could register the highest ever increase in wages and achieve our long pending demand for second option for pension after a series of struggles and sacrifices stretching over a period of five years. The long drawn-out agitations including direct action programmes culminating in strikes demonstrated the firm determination of Bank Employees to realize these twin objectives. These achievements were made possible due to the combined efforts of all trade union organizations in the Banking Industry and the leading role played by INBOC as acknowledged by Convener, UFBU.

 

While officers carry forward the passion to outperform in the true sense as exhorted by our Chairman & Managing Director so that our Bank overtakes its peers in every area of business, officers expect that their service conditions must also improve. The Bank is aware of the areas of improvements we desire as repeatedly emphasized in the recently concluded 56th Central Committee meeting and duly conveyed to the Chairman & Managing Director. Let us resolve on this auspicious day of New Year to secure these improvements and due benefits. Let us unitedly strive to achieve this goal.

 

With regards,

 

                                                                                     Yours sincerely,

                                                                                                  

                                                                  (K.K.NAIR) 

                                                        GENERAL SECRETARY                                                                                   

                                                                                                                       

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