CIRCULAR TO MEMBERS NO. 20 OF 2012                  15th November 2012

 

Dear Members,

 

1) Appointment of Executive Director, Shri Ranjan Dhawan

2) One more option to join the Pension Scheme

3) Charter of Demands

4) INTUC – 88th General Council Meeting.

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We are happy to inform that Govt.of India vide Notification F.No.4/5/2011-BO-I dated 5th October 2012 has appointed Shri Ranjan Dhawan as the Executive Director of our Bank. Shri Dhawan has taken charge with effect from 1st November 2012. We convey our hearty congratulations and best wishes to Shri Dhawan. We also take this opportunity to wish Shri R.K.Bakshi, who relinquished the office of Executive Director of our Bank on 31st October 2012 on superannuation, a happy, healthy and long retired life.

One more option to join the Pension Scheme

As you are aware, in the meeting held with I.B.A on 13th April 2010 for finalizing various details related to one more option for Pension to P.F.optees, our apex organization INBOC had taken up the issue of extending pension option to VRS optees too. Subsequently the issue was also pursued through UFBU of which INBOC is one of the constituents. We are happy to inform that this issue now stands resolved. IBA has advised Banks to “extend the benefit of exercising another option to join the Pension Scheme to those officers who had taken Voluntary Retirement from the Bank’s service on or after 29.06.1995 in case of Nationalized Banks/26.03.1996 in case of Associate Banks of State Bank of India in terms of rules framed by each Bank’s Board pursuant to the proviso to Regulation 19(1) of Bank Officers’ Service Regulations,1979. Besides, the family of those officers who were in the service of the bank prior to 29.09.1995 in case of Nationalized Banks/26.03.1996 in case of Associate Banks of State Bank of India, retired after that date and had died thereafter will be eligible for another option to join the existing Pension Scheme for family pension. These categories of officers/family members are to be sanctioned the benefits in terms of Regulation-29 of Bank Employees’ Pension Regulations, 1995.” It may be added that while extending the aforesaid benefits, all terms and conditions contained in Joint Note dated 27.04.2010 should be strictly adhered to.

 

Charter of Demands

As you are aware UFBU, five Workmen Organizations and four Officers’ Organizations submitted separately joint Charter of Demands to IBA on 30th October 2012. Our apex organization INBOC though signed the Joint Charter of Demands with the other three organizations of officers, submitted a supplementary Charter of Demands emphasizing upon bringing Nationalized Bank officers at par with officers in SBI in terms of starting Basic Pay, Pension and other Service Conditions. We were compelled to submit supplementary COD as the UFBU Convener refused to incorporate this demand in the Joint Charter. We do hope that by now you might have received a copy of our COD through our Zonal Secretaries.

 

INTUC – 88th General Council Meeting

 

The 88th General Council Meeting of INTUC was held at Thane, on 7th October 2012. The meeting was inaugurated by Shri Mallikarjun Kharge, Hon’ble Union Minister of Labour & Employment. Shri Prithviraj Chavan Hon’ble Chief Minister of Maharashtra State was the Chief Guest. Shri Noriyuki Suzuki, General Secretary, INTUC – AP was the Special Guest. Both the Union Minister of Labour and Employment and the Chief Minister, Maharashtra State in their detailed address appraised the various developments taking place in the country particularly in the areas of industrial growth, financial sector reforms, and welfare activities initiated to improve the Service Conditions of the Working Class. They assured their support and co-operation to INTUC and its affiliated organizations. The undersigned along with Shri R.K.Chatterjee and Shri V.B.Chavan, Secretaries of BOJ & Mah.& Goa Zone respectively attended the General Council Meeting.

 

At the end of the General Council Meeting elections took place for the post of one President, one General Secretary, one Treasurer, seven Vice-Presidents, and forty one members with the authority to the President to appoint twenty members on the Working Committee. We wish to inform that the General Council unanimously elected Dr. G. Sanjeeva Reddy, as the President, Shri Rajendra Prasad Singh, as General Secretary, and Shri K.K.Nair as the Treasurer along with seven Vice-Presidents and others Working Committee Members.

 

With Season’s Greetings,

 

 

                                                                                            Yours sincerely,

                                                                                                 (K.KNAIR)

                                                                                        GENERAL SECRETARY

 

 

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CIRCULAR TO MEMBERS NO.19 OF 2012 12th September 2012

 

Dear Members,

 

Foundation Day Greetings the historic journey of 48 years.

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Today our Association steps into its 49th Foundation Day. Our warm greetings to you all. It is indeed a memorable and historic day for all of us. Our Association established on 12th September 1964 with the avowed object of protecting and promoting the cause of officers, stood the test of time that considered coming together of officers under a trade union organization as a taboo and went ahead securing a number of improvements in service conditions. Each achievement which improved the service condition, in itself, is a short history of our struggles and sacrifices, upholding simultaneously our golden philosophy of avoid avoidable confrontation. We salute each one of our members, present and past. All took time out of their busy schedule and helped the Association to enhance its image and status during its historic journey of 48 years.

 

While we are proud about our past achievements, we are conscious of the need to get certain issues confronting officers, resolved. We have taken up these issues with the Bank and discussed the same in the last Structured Meeting held on 19th July 2012. These issues include need to revive ESCORT Scheme, Review of policies relating to Promotion, Transfer, Man Power Planning, Recruitment, Overseas Placement, Employee Performance Management System / APAR with a provision of Audit of Ratings and its impact on Promotion, Review of Scheme for Reimbursement of Conveyance expenses, Incentive Scheme for all officers, Categorization of posts & Payment of Officiating Allowance, Scheme of Staff Welfare Fund and Additional Retirement Benefit Scheme. We also urged upon the Bank to retransfer remaining officers deployed in different Zones under Inter Zonal Retransfer Plan 2009. We shall pursue these and ensure that better service conditions befitting the status of our Bank are extended to our officers.

 

Meanwhile we must ensure that our Bank continues to perform well on the business front focusing on the areas of concern viz; Net Interest Margin, CASA Deposits, Asset Management & NPA recovery as brought out by Shri M.D.Mallya, Chairman & Managing Director, Shri S.K.Jain and Shri B.Srinivas, Executive Directors in the Structured Meeting held on 19th July 2012. Shri M.D.Mallya particularly emphasized that all have to work hard to overcome this area to sustain our growth and there should not be any complacency adding, we need to continue to perform with great zeal. Friends, on this historic occasion, let us pledge to strive hard to realize the objectives of our Bank and secure our much needed improvements in service conditions. Success comes as a culminating point of hard work and struggles.

 

With best wishes & Greetings,

 

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

 

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CIRCULAR TO MEMBERS NO.18 OF 2012 7th August 2012

Dear Members,

Re: All India Bank Strike on 22nd & 23rd August 2012.

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We had reported to you vide our circular No.17 of 2012 dated 24th July 2012 that IBA held a meeting with UFBU on 24th July 2012 when UFBU explored the possibility of an amicable solution to the issues and demands raised by us. In the said meeting IBA was positive but could not give any time bound commitment. UFBU, which met after the meeting with IBA, decided to wait for another ten days for IBAs response after which agitation would be revived including strike action.

Now that ten days are already over and the wait has not produced any tangible results, UFBU has decided to resume agitation including going on two days all India Strike on 22nd and 23rd August 2012. Main issues and Demands are :

 

  • Settle pending demands
  • Stop arbitrary guidelines on HR issues
  • Stop unilateral implementation of

Khandelwal Committee Recommendations

  • Stop outsourcing of Bank jobs
  • Stop Banking Sector Reforms
  • Stop closure of Rural Branches.

 

Details of Agitational Programmes are as under:

 

8th August 2012

 

Demonstrations in all State Capitals

 

 

10th to 20th August 2012

Demonstrations, postering, processions, rallies, Dharna, etc.

 

22nd and 23rd August 2012

2 Days All India Strike

 

Instant Strike if the Bill is taken up in the Parliament for passage of Banking Laws (Amendment) Bill, 2011

All are requested to join the above programmes and participate in the proposed strike action on 22nd and 23rd August 2012.

 

With greetings,

 

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

 

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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CIRCULAR TO MEMBERS NO.17 OF 2012 24th July, 2012

Dear Members,

Re: i) 25th & 26th July 2012 strike stands deferred

ii) Structured Meeting with the Bank

iii) Congratulations to newly promoted Scale IV Officers

iv) Results of promotions to Scale II and III shortly

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Indian Banks Association (IBA) held today a meeting with United Forum of Bank Unions (UFBU) at the office of IBA in Mumbai. UFBU discussed with IBA all issues in pursuit of which the strike call was given. IBA has been very positive on the issues raised by us. However, they could not give any commitment or time bound decision. UFBU, at the meeting held after the meeting with IBA, considered the situation in its totality and decided to wait for -10- days for their response after which the agitation would be revived including going on strike on 23rd and 24th August, 2012.

Structured Meeting with the Bank :

A Structured Meeting with the representatives of the Bank and our Association was held at BCC, Mumbai on 19th July, 2012. Detailed discussions were held on various issues which we have taken up with the Bank. Detailed Circular will follow.

Congratulations to newly promoted Scale IV Officers :

Our Bank has promoted a total of -480- Officers to Senior Management Grade/Scale IV (-422- w.e.f. 2nd July, 2012 and -58- under waiting list) under the recent exercise for promotion held for the year 2011 -2013. We take this opportunity to congratulate all the successful candidates.

Exercise for promotion to MMG/S II and III Results :


Results of written test held for promotion to MMG/S II and III are expected at anytime from now. Interviews, wherever applicable will also be held immediately. We hope that the entire exercise would be completed by 31st July, 2012.

With regards,

 

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

 

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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CIRCULAR TO MEMBERS NO.16 OF 2012 18th June 2012

 

Dear Members,

Further to our circular No.15 of 12th June 2012 we give hereunder details of Agitational Programmes decided by UFBU:

25-06-2012 to 24-07-2012

Explanatory meetings by all Constituents and State-level UFBUs

 

18-6-2012

UFBU to write to IBA/Govt. conveying the agitational prorammes.

 

20-06-2012

Submission of memorandum by Constituent Unions/State units to IBA Chairman

 

21-06-2012

UFBU to write to all Central Trade unions and leaders of political parties seeking their support

  

27-06-2012

Mass Demonstrations in all bigger Centres

 

06-07-2012

UFBU to serve formal Strike Notice

 

10-07-2012

Badge wearing

 

17-07-2012

Dharna in all State Capitals and other important centres

 

17-07-2012

Mass Demonstrations at all centres

 

24-07-2012

Mass Demonstrations, rallies, processions at all centres

 

25th and 26th July 2012

 

2 Days ALL INDIA STRIKE

 

Let us plunge into action so that the programmes conclude successfully.

With greetings,

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

 

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

 

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CIRCULAR TO MEMBERS NO.15 OF 2012 12TH June 2012

 

Dear Members,

Re: 1) Exercise for promotion from MMG/S-II to MMG/S-III

2) UFBU Meeting Two Days Strike on 25th & 26th July 2012.

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We advised you vide our circular No.14 dated 2nd June 2012 that we have taken up the issue of allowing officers who refused rural/semi-urban posting in the past, to participate in the exercise for promotion from II to III2012-2013. We are happy to inform that the Bank has now agreed to allow the following categories of officers to participate in the current exercise:

(i) Officers who, earlier, refused Rural/Semi-urban posting but subsequently were posted at Rural/Semi-urban branches and completed the requisite tenure.

(ii) Officers who, earlier, refused Rural/Semi-urban posting but subsequently were posted at Rural/Semi-urban branches and are undergoing such posting.

UFBU Meeting Two days strike on 25th & 26th July 2012.

A meeting of UFBU was held on 6th June 2012 at Kolkata. Reviewing the various developments, the meeting noted the successful observance of All India Protest Day on 21st May 2012. The meeting also noted with concern Govt.s attempts to

(i) push through revised Banking Laws (Amendment Bill)

(ii) close down rural branches on the plea of non-viability

(iii) go ahead with unilateral implementation of Khandelwal Committee Recommendations.

(iv) impose unilateral guidelines on various bilateral service conditions especially on Promotion Policy and Transfer Policy.

The meeting also noted with regret that all important issues, as shown hereunder, taken up by UFBU with IBA/Govt. are kept still pending:

(a) Revised Compassionate Appointment Scheme

(b) Extension of Pension option to all sections of retirees,

(c) Improvements in Pension Scheme

(d) 5 day Banking

(e) Regulated Working hours

(f) Revised Guidelines on Staff Loans etc.

After detailed discussions UFBU decided to intensify the agitational programmes culminating in Two Days strike on 25th and 26th July 2012 preceded by demonstrations, rallies, processions etc. Details of these programmes will be announced separately. Let us make all the programmes a grand success.

With greetings,

Yours sincerely

(K.K.NAIR)

GENERAL SECRETARY

 

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CIRCULAR TO MEMBERS NO.14 OF 2012 2nd June 2012

Dear Members,

Re: 1) Exercises for promotion to MMG/S-II and

MMG/S-III:2012-2013.

2) Regulation 17, Rural/Semi-urban posting.

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Further to our circular No.13 of 2012 dated 31st May 2012, we would like to advise you that date for submission of application and Written Test for promotion to both MMG/S-II and MMG/S-III have been finalized as under:

Submission of Application .. 08/06/2012 up to 8.00 p.m.

Written Test .. 24/06/2012 at 3.30 p.m.

 

Our Association will be arranging Coaching Classes to equip candidates appearing in the above exercises. Details will be advised by our respective Zonal Secretaries.

Regulation 17, Rural/Semi-urban posting

The Government of India vide its guidelines dated 14/03/2012 has relaxed mandatory requirement of Rural/Semi-urban tenure for promotion to MMG/S-II and MMG/S-III for the year 2012-2013. The circular No.104/186 dated 01/06/2012 issued by our Bank commencing exercises for promotion from JMG/S-I to MMG/S-II, is in tune with the above guidelines and accordingly allow officers who have not complied with the required Rural service of 2 years to participate in the exercise with the condition that such officers, upon promotion, will be immediately posted in Rural branches for completion of the required rural tenure.

However, circular No.104/187 dated 01/06/2012 issued by our Bank commencing exercise for promotion from MMG/S-II to MMG/S-III is at variance with the guidelines issued by Government of India on 14/03/2012 in as much as it does not allow officers who refused Rural/Semi-urban posting in the past, to participate in the exercise. We shall take up this issue with the management and urge upon them to allow these officers to participate in the exercise for promotion from MMG/S-II to MMG/S-III:2012-2013 with the condition that these officers, upon promotion, will be immediately posted at Rural/Semi-urban branches for completion of the required Rural-Semi-urban tenure. This decision will alone put an end to the discrimination sought to be caused to a section of officers in MMG/S-II who aspire to participate in the on-going promotion exercise for 2012-2013 and ensure that Govt. guidelines are implemented uniformly.

With greetings,

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

 

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CIRCULAR TO MEMBESRS NO.13 OF 2012 31st May 2012

Dear Members,

Re: 1) Commencement of exercises for promotion to

MMG/S-II and MMG/S-III : 2012-13

2) Anomalies in Promotion Exercises.

-----o0o-----

We are happy to inform that the much awaited exercises for promotion from JMG/S-I to MMG/S-II and MMG/S-II to MMG/S-III : 2012-2013 have since commenced for filling up vacancies as under:

Promotion Exercise

Normal Track

Fast Track

Total

JMG/S-I TO MMG/S-II

825

275

1100

MMG/S-II TO MMG/S- III

675

225

900

Service Eligibility

The Bank has accorded one year relaxation in the minimum prescribed service eligibility criteria for promotion to MMG/S-II and MMG/S-III for both normal/seniority channel and merit/fast track channel.

Reckoning Date

The reckoning date for eligibility to participate in the promotion exercises will be 01.04.2012

Marks for Performance

The Government has, as one time measure, relaxed the minimum marks to be obtained from 75% to 60% in performance for each of the year of service eligible for promotion under merit/fast track channel.

Rural/Semi - Urban posting

Eligible officers who have not completed the required Rural/Semi Urban tenure will be allowed to participate in the current exercise on the condition that such officer, on being promoted, will immediately be posted in Rural and/or Semi-Urban branches to complete the required tenure of Rural and Semi-Urban service as applicable. They will be allowed payment of Salary and Perquisites of promoted Grade/Scale.

Other details such as dates of commencement and completion of submission of application forms, written test, interviews etc, as applicable ,will be communicated to you in due course.

Anomalies in promotion Exercises

We reported to you vide our circular No.11 of 2012 dated 11th May 2012 that anomalies caused by the decision to combine two exercises for promotion from MMG/SIII to SMG/S IV cadre for 2011-12 and 2012-13, have been taken up by us with Chairman & managing Director of our Bank. We have since discussed this issue with management at different levels and Chairman and Managing Director. We are happy to inform that this issue now stands resolved, Details will follow.

With greetings,

Yours sincerely,

(K.K. NAIR)

GENERAL SECRETARY

 

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CIRCULAR TO MEMBERS NO.12 OF 2012 26th May 2012

Dear Members,

 

Re: 1) Inter-Zonal Retransfer 2012

2) Anomaly in Exercise for promotion from

MMG/S-III to MMG/S-IV cadre: 2011-2013

3) Next UFBU Meeting.

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

 

We are happy to inform that the exercise for Retransfer of officers 2012 is in process. The Bank has agreed to retransfer officers eligible as on 31st August 2012 and who are willing to go back to their parent/choice Zones. These officers will be relieved on or before 31st May 2012. The Corporate Office has also advised Zones various guidelines to be followed while identifying substitutes under Deployment Plan subject to the provisions in the Transfer Policy.

 

With regard to retransfer of officers who were relieved to different Zones after the then stipulated cut off date of 31st August 2009 we have already represented to the Bank to retransfer them also considering the fact that they were not relieved by their respective Zones on or before 31st August 2009 on account of administrative exigencies more specifically CBS implementation and closing activities. We are following up this issue with the management.

Anomaly in Exercise for promotion from MMG/S-III to MMG/S-IV cadre: 2011-2013.

We have vide our circular No.11 dated 11th May 2012 reported to you that we have taken up the issue of anomalies caused to certain officers consequent to Bank combining two exercises for promotion for the years 2011-12 and 2012-13. We are pursuing this matter with the management.

Next UFBU Meeting

The next meeting of UFBU will be held on Wednesday, 6th June 2012 at Kolkata. Important issues such as forthcoming Wage Revision finalizing the strategy, Khandelwal Committee Recommendations our response and important organizational developments since the last meeting will come up for discussions. We shall appraise you the details after the meeting.

With greetings,

Yours sincerely

(K.K.NAIR)

GENERAL SECRETARY

 

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

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CIRCULAR TO MEMBERS NO.11 OF 2012 11th May 2012

 

Dear Members,

 

Re: 1) Congratulations Performance of our Bank.

2) Anomalies in Promotion exercises

) All India Protest Day on 21st May 2012.

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As you are aware our Bank has repeated its excellent performance again in the year ended 31st March 2012 as under:

 

Total Deposits increased to

Rs.384871 crores,

an increase of 26.1%

Total Advances increased to

Rs.287377 crores,

an increase of 25.7%

Total Business increased to

Rs.672248 crores,

an increase of 25.9%

Operating Profit increased to

Rs.8630.37 crores,

an increase of 23.6%

Net Profit increased to

Rs.5006.96 crores,

an increase of 18%

 

In other parameters too our Bank has done well. We take this opportunity to congratulate Shri M.D.Mallya, our Banks Chairman & Managing Director ably assisted by Executive Directors and the Top Management team for such brilliant progress continuously made by our Bank during the past four years. The emphatic declaration that he subscribes to the Employee First principle, made by Shri M.D.Mallya after assuming charge as the Chairman & Managing Director of our Bank, took employee morale to an all time high which stimulated continuous brilliant performance. Our congratulations to each one of you for your determined efforts, notwithstanding several constraints, to realize goals set by our Bank.

Anomalies in Promotion Exercises

Our Bank commenced an exercise for promotion from MMG/S-III to SMG/S-IV 2011 vide circular No.BCC:BR:104/21 dated 25th January 2012 with specific details governing the exercise. Eligible officers in MMG/S-III submitted their applications within the time schedule and have been waiting to be called for group discussion and interview. Meanwhile the Bank issued, to our surprise, another circular under the caption Exercise for Promotion from MMG/S-III to SMG/S-IV cadre:2011-13 dated 4th May 2012 with different details governing this exercise including eligibility, minimum marks in EPMS/APAR etc. This circular issued after a long gap of over three months from announcing the exercise for promotion and combining two exercises for the years 2011-12 and 2012-2013 has caused several anomalies to officers who responded to circular dated 25th January 2012. We have taken up this issue with the Chairman & Managing Director of the Bank and are awaiting rectification.

The Bank has also issued a circular on 4th May 2012 initiating an exercise for promotion from SMG/S-IV to SMG/S-V cadre 2012-2013. Under eligibility criteria an officer is required to secure minimum 75% marks in EPMS/APAR for each of the year of service reckoned for eligibility for promotion. We have requested the management to relax the requirement of minimum 75% marks particularly keeping in mind the reality that officers working in operations have not been rated objectively. We have also, in this context, requested the management to introduce EPMS/APAR audit and also assess the impact of EPMS/APAR scores on promotions made.

All India Protest Day on 21st May 2012

UFBU at its meeting held at Bangalore on 10th May 2012 has decided to observe All India Protest Day on 21st May 2012 with mass Demonstrations at all State Capitals and a Mass Rally before Parliament in Delhi against the following issues:

(i) Banking Law (Amendments) Bill and other reform measures.

(ii) Closure of Rural Branches.

(iii) Increasing outsourcing of jobs.

(iv) Attacks on Trade Union Rights.

(v) Governments Unilateral directions on HR issues etc.

We call upon all our members to make the All India Protest Day a grand success.

 

With greetings,

Yours sincerely

(K.K.NAIR)

GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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CIRCULAR TO MEMBESRS NO.10 OF 2012 4th May 2012

 

Dear Members,

Re: Promotions to MMG/S-II and MMG/S-III

Release of promotion and payment of salary and

Perquisites.

-----o0o-----

We are happy to inform that our Bank has declared the results of exercises held for promotion from Jr.Management Grade/Scale-I to Middle Management Grade/Scale-II and from Middle Management Grade/Scale-II to Middle Management Grade/Scale-III. A total number of 917 officers have been promoted to MMG/S-II and MMG/S-III as under:

 

Grade/Scale

Normal Channel

Fast Track

Total

MMG/S-II

446

150

596

MMG/S-III

308

13

321

Grand Total

754

163

917

 

These promotions will be effective from 2nd May 2012.

We are also happy to inform that in this exercise too the Bank has dispensed with interviews for promotions from MMG/S-II to MMG/S-III to expedite the entire process.

Payment of Salary and Perquisites

As you are aware, the Bank while initiating the above mentioned exercises for promotion to MMG/S-II and MMG/S-III vide its circulars No.BCC:BR:104/19 and No.BCC:BR:104/20, both dated 25th January 2012 allowed officers who have not completed the required Rural/Semi-urban service of 2/3 years under Regulation 17 of BOBOSR 1979 to participate in the exercise with the condition that for the purpose of seniority in the cadre, their date of promotion will be treated notionally from the original declaration of promotion results.

We are happy to inform that the Bank has now agreed to release the promotion and payment of salary and perquisites to officers who are found eligible for promotion to MMG/S-II and MMG/S-III but have not completed the requisite Rural and/or Semi-Urban tenure, also.

We are thankful to the management for this decision.

 

With greetings,

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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CIRCULAR TO MEMBERS NO.9 OF 2012 7th April 2012

 

Dear Members,

 

Re: 57th Central Committee Meeting Further Details

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We refer to our circular No.8 dated 4th April 2012 and give hereunder further details:-

The meeting congratulated S/Shri V.B.Chavan on his appointment as the Director representing officers on the Board of our Bank, Shri P.G.Golvankar and Shri N.V.Daniel as Trustees in Pension Fund and Provident Fund Trust respectively and Shri K.K.Nair on his appointment as a Director on the Board of Bank of India. The meeting also congratulated S/Shri Ajay Kumar, B.Prabhakar, D.Sarkar and A D M Chavali our erstwhile office bearers/members as Chairman & Managing Director of Corporation Bank, Andhra Bank and Union Bank of India and as Executive Director of Indian Overseas Bank respectively.

The meeting noted with regret the sad demise of Dr.A.C.Shah, former Chairman & Managing Director of our Bank. The House observed two minutes silence as a mark of respect to the departed soul.

The meeting bid warm farewell to former Zonal Secretaries S/Shri R.K.Chauhan, J.G.Lakhawala, M.S.Vasavada, N.C.Sharma, M.B.Chakrapani and Alok Srivastava and introduced to the House new Zonal Secretaries S/Shri M.B.Patel, North Guj.Zone, N.V.Daniel, Central Guj.Zone, V.J.Sheladia, South Guj.Zone, Puran Singh, W.U.P. & Uttarakhand Zone, S.N.S.Yadav, EUP Zone and G.Virabadran, South Zone. The Central Committee greeted and conveyed its best wishes to the newly elected Zonal Secretaries.

 

Welfare Fund

Shri N.V.Daniel, Member of the Managing Committee of our Welfare Fund presented a review report on the activities undertaken by the Fund since the last meeting. The Committee also announced Merit Awards totaling 60 to sons/daughters of the members of the Fund at the rte of Rs,750/- per student, and Mementos to members who retired from Banks service representing 50% of their contribution. Cheques representing these Merit Awards and Mementos were handed over to respective Zonal Secretaries with the advice that these cheques must be handed over to the recipients by organizing appropriate felicitation functions.

 

Manpower Planning

The meeting discussed the inadequacy of manpower, particularly at Branches, and the consequent burden and sufferings inflicted on officers. The meeting decided to undertake a Manpower Planning exercise after studying all relevant details. The meeting also decided to constitute a Committee for this Manpower Planning exercise. Following are the members of the Committee: (1) Mr.Amit Kumar, Greater Mumbai Zone, Convenor, (2) Mr.S.C.Pyne, Eastern Zone, (3) Mr.J.S.Ahuja, M.P. & CG Zone, (4) Mr.P.K.Singh, North Zone, (5) Mr.Anirudh Mishra, BJ&O Zone, (6) Mr.Uttam Chandra, E.U.P.Zone, (7) Mr. Abhinandan Jain, Rajasthan Zone.

 

Every Central Committee member is required to send his views to the Convenor within 30 days and Committee shall finalize the report thereafter.

 

Accounts and Election of a new Treasurer

Accounts for the year ended 31st December 2012 were presented before the House by Shri Milind Devare, Treasurer, which were adopted unanimously. The House also elected Shri Bharat More, Greater Mumbai Zone as the Treasurer with effect from 1st April 2012 in place of Shri Devare who is proceeding on an overseas placement. The House thanked Shri Milind Devare for good services rendered to the Association and wished him all the best in his new assignment.

 

Business Development

 

A detailed discussion took place on Business Development of the Bank. True to our philosophy Grow with the bank, Central Committee members from every Zone participated in the discussions enthusiastically offering various suggestions and action plans. As a short term strategy, in view of the closer of the current Financial Year, the House decided to launch campaign for business development keeping in view the goals set by the Bank and compatibility of products and services. The General Secretary also advised members to send their plans and action points to enable us to submit a White Paper on Business Development to the Bank after the closing and allied activities are completed. On behalf of the Central Committee, Shri S. S. Meena, Secretary, Rajasthan Zone thanked the participants for their active participation and constructive suggestions.

 

Concluding Session

 

The Concluding Session commenced at 2.30 p.m. on 11th March 2012 with a warm welcome to Shri R.K.Bakshi, Executive Director who joined our Bank on 6th November 2008 carrying with him a rich and vast experience of 35 years in Bank of India where he acquired thorough practical knowledge of the entire gamut of banking such as Treasury, Forex, Credit, Overseas operations and many other major segments. Shri Bakshi has played a major role in the overall growth and transformation of our Bank as the MOST ADMIRED BANK.

 

The Executive Director delivering the valedictory address appreciated the Grow with the Bank philosophy of our Association and the positive direction the leadership has given to the Association. He advised seniors to be trainers and mentors to junior staff and take care of them as they will take our Bank forward in the years to come. Shri Bakshi also gracefully acknowledged that the previous leaders have given us a glorious past. Emphasizing that future Banking will be different, the Executive Director brought to the notice of the Central Committee members from across the country that Mortgage loans will become more important and Housing Loan, Car Loans and Gold Loans will increase manifold. Housing Loan alone will increase to such level that it will be more than the total advance outstanding of banking industry today. Specialized functioning will be a way of life, wealth management, SMS, RLFs all will add value to customer. Customers will use alternate channels and his visits to Branches will be less and Branches will become sales and service organization. We will have to go to customer and meet him at his convenience. HR is important and we need to revamp the HR practices. We need better human resources with knowledge about our products matched with communication skill. Quality of Customer service and Quality of advice to customer will determine the progress and growth of the Bank. underlined the Executive Director while concluding his address.

 

The entire House cheered and thanked the Executive Director, Shri R.K.Bakshi for his very valuable valedictory address and golden tips for the best customer service on which the entire edifice of the Bank stands. Shri Umakant Bijapur, General Manager, South Gujarat Zone, who attended the function as our Guest of Honour, also addressed the Central Committee and greeted the Association. The meeting concluded with a Vote of Thanks by Shri P.C.Sheth, Convener of the Reception Committee. Friends, the 57th Central Committee meeting has been yet another milestone in the history of our Association. Let us redeem our pledge to work for the cause of the Bank and welfare of officers community.

 

With greetings,

Yours sincerely

(K.K.NAIR)

GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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

CIRCULAR TO MEMBERS NO.8 OF 2012 4th April 2012

 

Dear Members,

 

Re: 57th Central Committee Meeting of our Association

-----o0o-----

Further to our Circular No.6 dated 14th March 2012 we wish to report that the 57th Central Committee meeting of our Association commenced at 9.00 a.m. on 10th March 2012 with a welcome address by Shri V.J.Sheladia, Secretary South Gujarat Zone. The General Secretary in his introductory address, thanked the Chairman & Managing Director Shri M.D.Mallya for his consent to come to Surat and inaugurate the 57th Central Committee Meeting in spite of his extremely busy schedule. The General Secretary congratulated the Chairman & Managing Director for the excellent and unparalleled business growth achieved by our Bank under his leadership and for winning a series of awards and accolades which further enhanced the image and prestige of our Bank. Reiterating that our Bank has already become number ONE qualitatively Shri Nair exhorted all members to continue to work hard for making our Bank number ONE quantitatively too.

General Secretary also brought to the notice of the Chairman & Managing Director certain issues concerning officers such as (i) Government decision to depute 20% of officers in Scale-I to Scale-IV from RRBs to respective sponsor Banks and sponsor Banks to depute equal number and level of officers to respective RRBs. (ii) Improvements in facilities under Staff Welfare Fund Scheme considering the increased contribution of Rs.25 Crores. (iii) Revival of ESCORT SCHEME for officers. (iv) Anomalies in the ongoing promotion exercise and resultant dissatisfaction and demoralization in the rank of officers and the need to review Promotion Policy and Transfer Policy. (v) Categorisation of posts, payment of officiating allowance. (vi) Individual incentive scheme sharing of profit among all employees. (vii) Monetary compensation for working late hours and on Sundays and Holidays. (viii) Group Insurance Scheme for Employees.

The Chairman & Managing Director in his inaugural address recalled the achievements of the Bank during the last 4 years winning several accolades and awards and making our Bank the MOST ADMIRED Bank, doing business with quality, consistency and sustainability all results of great and tremendous Team efforts. The Chairman & Managing Director emphasized, Team performed, out performed, with passion to excel amidst loud applause. He recalled, nostalgically, the performance of the Bank during the past 4 years; in 2006 2007 our Bank earned a profit of Rs.1026 crores, then we reached a profit of more than Rs.1000 Crore per quarter and now we are earning per quarter a profit of more than Rs.1500 crore. Our profit has crossed Punjab National Bank in December 2011, first time in the last 8 years among all public sector banks, added the Chairman and Managing Director. The CMD further shared his expectations that our Bank will attain Rs.6.75 lakh crore, business as on 31st March 2012.

Responding to the issues raised by the undersigned the Chairman & Managing Director said, We will work together; industry level issues will be dealt with IBA/Govt. level and as far as issues within our Bank are concerned, he has an open mind and revert to us. Shri Naishadh Desai, President, INTUC, Gujarat State greeted the Central Committee and appreciated the excellent address by the Chairman & Managing Director with clarity and as a true HR professional. He expressed his views further and advocated extending legitimate rights of employees and sharing a part of profit with them. The inaugural session concluded with a vote of thanks by Shri P.C.Sheth, Chairman of the Reception Committee.

...2.


Handbook on Service Conditions

On the occasion of the 57th Central Committee Meeting, the Association has brought out an updated Handbook on Service Conditions and other Benefits available to officers in our Bank. Shri M.D.Mallya, Chairman & Managing Director of our Bank released this Book after his inaugural address.

Business Session

In the business session that followed, the House reviewed various organizational matters such as conducting general meetings of Officers across the zones, holding structured meetings both at Central and Regional Office levels, Enrollment of new members from promotees and Directly recruited Officers, Collection of membership fees etc. The General Secretary in this context, emphasized the need to involve youngsters in organizational activities and brought to the notice of the Central Committee Members the excellent enthusiasm and interest observed in the Youth Conference held at Mumbai on 25th September 2011.

The General Secretary also advised that zones where elections are due should complete the process as early as possible, preferably by June - July 2012, in preparation for convening the General Conference. The meeting also reviewed the Admission Fee and Subscription Fees. After detailed discussions the House reached a consensus to raise Admission Fees to `.100/- and Subscription Fees to `.100/- per month payable annually with effect from 1st January 2013 in view of the rising cost involved in running the organization. The meeting also called upon the remaining officers to join the Welfare Fund Scheme of the Association.

 

Issues Concerning Officers at Bank level and Industry level

Detailed discussions took place on issues concerning officers at Bank level and Industry level. The meeting thanked and congratulated the membership all over the country for the successful conduct of the agitation launched to realize long pending issues as decided in the meeting of Zonal Secretaries held at Baroda on 30th July, 2011. Resultantly quite a few issues were resolved and the agitation now stands deferred. "We are making efforts to resolve remaining issues, seeking alongwith clarifications on certain decided issues", added the General Secretary. At the Industry level the meeting also discussed important Residual Issues such as Regulated Working Hours, Five Day Week, Improvement in Pension Scheme for retirees, 2nd option for Pension to remaining categories, Accumulation of Privilege Leave beyond 240 days, Parity in pay scales and service conditions with State Bank of India, Compassionate Appointment Scheme, Unilateral implementation of Khandelwal Committee Recommendations, Outsourcing and other reforms which are opposed by UFBU. The meeting decided to get these issues resolved through negotiations failing which through agitation. The meeting also decided to work on Charter of Demands on the incoming Salary Revision and Service Condition for submission to IBA through our apex organization INBOC.

Further details will follow.

 

With greetings,

Yours sincerely

(K.K. NAIR)

GENERAL SECRETARY

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

CIRCULAR TO MEMBERS NO.7 OF 2012 23rd March 2012

Dear Members,

Re: UFBU Meeting held at Mangalore, Karnataka.

------o00-----

We refer to our Circular No.6 of 2012 dated 14th March, 2012 and wish to report that the meeting of UFBU was held at Mangalore, Karnataka on 21st March 2012. Shri Sunil Deshpande, General Secretary, National Organization of Bank Officers (NOBO) presided over the meeting.

The meeting reviewed various developments since the last meeting and discussed in detail various issues confronting the Bank Employees and officers such as banking reforms, outsourcing of regular jobs, extending banking services through business correspondents, imposition of various recommendations of Khandelwal Committee, issuance of unilateral guidelines on service conditions of Bank Employees and Officers and undue delay in resolving our important pending issues.

After detailed discussions the meeting decided unanimously to resort to agitational programmes in pursuit of the long pending issues such as

1. Compassionate appointment/financial compensation scheme

2. Introduction of 5 day banking

3. Regulated working hours

4. Improvements in pension scheme & other pension related matters

5. Unilateral implementation of Khandelwal Committee recommendations etc.

Further details will follow.

New Convener

The meeting elected Shri G.D. Nadaf, General Secretary, AIBOC as the new convener in place of Shri C.H. Venkatachalam, General Secretary, AIBEA. The meeting congratulated the newly elected convener Shri Nadaf and expressed its grateful thanks to the outgoing convener Shri Venkatachalam for the excellent role played by him in preserving unity in UFBU and espoucing the cause of bank men successfully during his tenure.

With greeting,

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY


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

CIRCULAR TO MEMBERS NO.6 OF 2012 14th March 2012

Dear Members,

Re: 1) Central Committee Meeting of our Association

2) Meeting with the Bank on Promotion Policy and Transfer Policy

3) Govts decision to depute 20% of officers from RRBs to

Sponsor Banks and vice-versa

4) Grant of Sabbatical Leave of 2 years to Women employees

5) UFBU Meeting on 21-03-2012.

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

The 57th meeting of the Central Committee of our Association was held on 10th and 11th March 2012. The meeting held at Science Centre, Surat, was inaugurated by our Banks Chairman & Managing Director Shri M.D.Mallya on 10th March 2012. The meeting concluded on 11th March 2012 with a Valedictory address by our Banks Executive Director Shri R.K.Bakshi. The General Manager, Surat Region, Shri Umakant Bijapur attended both these functions as our Guest of Honour. Details of the meeting will be conveyed to you through our next circular.

Meeting with the Bank on Promotion Policy and Transfer Policy

The Bank held a meeting with our Association to discuss review of Promotion Policy and Transfer Policy, on 12th March 2012. Certain proposals received from the Bank on both these policies were discussed in the meeting. Further meetings will follow.

Govts decision to depute 20% of officers from RRBs to Sponsor

Banks and vice-versa

The Government has advised all Sponsor Banks of RRBs that:

(i) 20% of officers in Scale-I to IV in RRBs should be deputed to the respective Sponsor Banks. Officers to be so deputed have to cover each of the Scales I to IV.

(ii) The Sponsor Bank will depute equal number and level of officers to the respective RRBs.

(iii) The tenure of deputation will be 3 years; the same could be extended to a maximum of 5 years.

(iv) The pay and allowances and Service Regulations of the parent organization will be applicable to the deputed officers.

Grant of Sabbatical Leave of 2 years to Women employees

The Government has also advised Public Sector Banks to grant Sabbatical Leave of 2 years to the Women employees who have put in minimum 5 years of service to meet their special problems during their entire career. Other broad terms are as under:

(i) Sabbatical Leave of up to 2 years shall be admissible to women employees of Public Sector Banks during their entire career,

(ii) Sabbatical Leave shall be without Pay, Salary, Allowances and any consequential monetary and non-monetary benefits,

(iii) The leave shall be taken for a period of at least 3 months at a time and the leave shall not be taken more than once in a year,

(iv) No increments will be earned during the Sabbatical Leave and the employee will rejoin at the time stage of pay as was existing at the time of her availing the Sabbatical Leave.

(v) Employees on Sabbatical Leave shall not be eligible to participate in any promotion exercises during the Sabbatical Leave period, even if otherwise eligible.

(vi) Eligible and willing employees can request for Sabbatical Leave for any

Purpose like medical grounds, care of family members or children, higher studies, visit spouse etc

(vii) The employee shall not take up any employment/vocation/business/

Profession elsewhere during the Sabbatical Leave.

UFBU Meeting on 21-03-2012.

A meeting of the UFBU will be held at Mangalore on 21st March 2012 to discuss issues such as

  • Developments since last meeting/programme,
  • Pursuing our pending demands and issues; further programmes to be undertaken,
  • Khandelwal committee recommendations Government/managements attempts to implement them unilaterally,
  • Broad approach to Wage Revision demands,
  • Governments Budget 2012-13,
  • Electing new Convener.

We shall advise the developments after the meeting.

With greetings,

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

 

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

CIRCULAR TO MEMBERS NO.5 OF 2012 2nd March 2012

 

Dear Members,

Re: Contribution to Staff Welfare Funds in Public Sector Banks

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

You are aware of the efforts put in by our apex organization INBOC along with other constituents of UFBU to get the current ceilings for contribution to Staff Welfare Funds increased. This issue was repeatedly discussed with IBA and different authorities in the Government. by UFBU.

We are happy to inform that the Government has raised the maximum ceilings in Staff Welfare Fund as under subject to a cap of 3% of Net Profit.

 

Category

Maximum ceiling

per year

State Bank of India

Rs.100 crores

PSBs with business mix of over Rs.300,000 crores and employee strength above 30,000

Rs. 25 crores

PSBs with business mix of over 150,000 crores to Rs.300,000 crores and employee strength of 20,000 to 30,000

Rs. 20 crores

Other PSBs

Rs.15 crores

 

For the purpose of calculation the average of business figures for the previous two years may be reckoned.

The Govt. has also stipulated that:

(i) No cash payments shall be made to employees except for medical and

educational purposes.

(ii) Banks may consider the option of Group Insurance Policies for both

serving and retired employees instead of direct payment of benefit

from the Fund.

The Government has further advised Bank to devise each year a Scheme for apportionment of funds with prior approval of the Board.

 

With greetings,

 

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

 

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

CIRCULAR TO MEMBERS NO.4 OF 2012 25th January 2012

 

Dear Sir,

Re : Commencement of exercises for promotion to

MMG/S-II, III and SMG/S-IV.

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

We are happy to inform that the Bank has since decided to commence the exercises for promotion from JMG/S-I to MMG/S-II, MMG/S-II to MMG/S-III and MMG/S-III to SMG/S-IV. Vacancies for the current exercises are as under:

Vacancies

Promotion Exercise

Normal Track

Fast Track

Total

JMG/S-I to MMG/S-II

450

150

600

MMG/S-II to MMG/S-III

375

125

500

MMG/S-III to SMG/S-IV

275

275

 

Grand Total:

1375

Government Guidelines:

Government of India has advised recently revised guidelines, in supersession of the earlier guidelines, for promotion in Public Sector Banks. Keeping in mind the spirit of these Government Guidelines the Bank has relaxed/changed certain provisions in the existing Promotion Policy as below:

(i) Service Eligibility:

Relaxation in the minimum prescribed criteria by one year under the Normal channel for promotion from JMG/S-I to MMG/S-II and MMG/S-II to MMG/S-III and from MMG/S-III to SMG/S-IV for the current exercise. {It may be noted that as per Govt. guidelines for promotion to Scale-II and III under Normal channel is 5 years each and for promotion to Scale-IV is 3 years.}

(ii) Marks for Performance:

There shall be a requirement of minimum 75% marks in Performance for each year of service eligibility for promotion under Fast Track Channel as against 80% in our existing policy.

(iii) Rural/Semi-urban posting:

Eligible officers will be allowed to participate in the current exercise with the condition that such officers, on being promoted will immediately be posted in Rural/Semi-urban Branch to complete the required tenure of Rural and Semi-urban branches as required if they have not completed the same.

: 2 :

{It may be noted that as per the Govt. Guidelines, two years of continuous service in rural areas is a mandatory requirement for promotion from Scale-I to II and a total of three years in rural/semi-urban areas including the Rural service in Scale-I for promotion from Scale-II to III.}

 

(iv) Reckoning date :

The date for reckoning the eligibility to participate in this exercise for promotions is 01-04-2011.

(v) Promotion from MMG/S-III to SMG/S-IV :

For promotion from MMG/S-III to SMG/S-IV there shall be a

(a) Computer Literacy Test - may be qualifying in nature.

(b) Group Discussion - with a wightage of 10 marks taken out of the weightage of 40 marks for assessment of Potential under the existing Promotion Policy.

The revised weightage for promotion will be:

Performance : 60 marks

Group Discussion : 10

Interview : 30

Total : 100

Bench Marks, as laid down in the Existing Policy, shall be considered taking together Group Discussion and interview.

Other details such as dates of commencement and completion of submission of application forms written test/group discussions/interviews etc. as applicable will be communicated to you in due course.

With greetings,

Yours sincerely,

(K.K. NAIR)

GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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

CIRCULAR TO MEMBERS NO.3 OF 2012 23rd January 2012

Dear Members,

Re: Group Personal Accident Insurance Policy

-All types of accidents now covered.

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

As you are aware our Bank had long ago introduced an Insurance Policy for Domestic Air Travel covering Chairman and Managing Director, Executive Directors, Directors and all employees while undertaking domestic air travel for Official and/or while availing LTC/LFC. We wish to inform that our Bank has since reviewed and amended the above policy covering all types of accidents, instead of only air accidents as earlier, on 24x7 basis.

Other salient features of the Group Personal Accident Insurance Policy are as under

Quantum of coverage-

1. Chairman & Managing Director

:

Rs. 30.00 lacs

2. EDs, Board of Directors & General Managers

:

Rs. 20.00 lacs

3. Deputy/Asstt. General Managers

:

Rs. 18.00 lacs

4. Chief Managers

:

Rs. 15.00 lacs

5. All Other Officers

:

Rs. 12.00 lacs

6. All Other Employees

:

Rs. 08.00 lacs

Location

:

Worldwide coverage

Special Peril

:

5% Additions of Employees during policy currency.

 

Risk Covered

:

The Cover is available to the insured person who sustains injury resulting in death and / or permanent total disablement due to accident

(1) Death 100%

(2) Loss of Two Limbs, two eyes, or one limb and one eye 100%

(3) Loss of one Limb or one eye 50%

(4) Permanent Total Disablement from injuries other than those named above (PTD-100%)

 

The Group Personal Accident Insurance Policy has been obtained from National Insurance Company Ltd vide policy Number- 310300/42/11/8200000011 for a period of 12 months from 01.12.2011 to 30.11.2012.

We take this opportunity to convey our grateful thanks to Shri M.D.Mallya our Banks Chairman & Managing Director and the Top Management Team for introducing the above mentioned improvements in the Group Personal Accident Insurance Policy which will instil an added sense of security in the mind of every employee and his/her family.

With greetings,

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY


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

CIRCULAR TO MEMBERS NO.2 OF 2012 16th January 201

Dear Members,

Re: 1) Inter Zonal Transfer 2012

2) All India Bank of Baroda Officers Welfare Fund

Merit Awards for 2010-2011

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

We are happy to inform that our Bank has since commenced the exercise for retransfer of officers, other than specialist officers, who have completed 3/5 years as under :

  1. Officers who are currently undergoing Inter Zonal Transfer and will be completing -3- years of such transfer as on 31.08.2012 and are willing for retransfer to parent Zone.
  1. DROs who have competed/will be completing -5- years of service in the Bank as on 31.08.2012 and are willing for Inter Zonal Transfer to the Zone of their choice.
  1. Promotee Officers, who were recruited in clerical cadre in Zones other than their Home State and have completed/will be completing -5- years of service in Officers cadre as on 31.08.2012 and are willing for Inter Zonal Transfer to their Zone of Choice.

Merit Awards:

As you are aware, the Welfare Fund constituted by our Association gives merit awards to the children of our members in recognition of their academic excellence. Accordingly, children of members of All India Bank of Baroda Officers Welfare Fund who have paid the life membership fees as on 31st March 2011 are eligible for the awards for the academic year 2010-11.

 

For your ready reference, relevant details are given hereunder :

 

Qualifications

Minimum % Marks

No. of Awards per Zone

S.S.C.

70

6

H.S.C.

70

6 (per stream)

B.A.

55

2

B. Com.

60

2

B. Sc.

60

2

Engineering

No minimum

1 (per branch/stream)

Medicine

 

1

Any other degree / post graduation

 

1

 

All eligible members of the Welfare Fund as on 31st March 2011 are requested to send their applications along with the certified copies of the mark sheets to the Welfare Fund through their respective Zonal Secretaries on or before 18th February, 2012 as per proforma shown overleaf.

 

With greetings,

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

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ALL INDIA BANK OF BARODA OFFICERS WELFARE FUND

APPLICATION FOR MERIT AWARD

 

1

Name of Officer

 

 

 

2

Employee Code No.

 

 

 

3

Designation

 

 

 

4 (a)

Branch / Office / Zone where working

 

 

 

4 (b)

Branch Code

 

 

 

5

Name of the student

 

 

 

6 (a)

Stream which he / she has passed

 

 

 

6 (b)

Date & Year of passing SSC / HSC Exam / Graduation / Post Graduation etc. for which merit award is applied

 

 

 

7 (a)

Maximum marks (Total of marks of Exam)

 

 

 

7 (b)

Total marks obtained

 

 

 

7 (c)

Exact % of marks obtained (% should be calculated upto -3- digits after decimal point)

 

 

 

 

Date of application : (Signature of officer)

FOR OFFICE USE

We confirm that Mr/ Ms. _____________________________ is a member of All India Bank of Baroda Officers Welfare Fund.

 

 

ZONAL SECRETARY

 

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

CIRCULAR TO MEMBERS NO.1 OF 2012 1st January 2012

 

Dear Members,

 

Without your involvement you cant succeed;

With your involvement you cant fail

Dr.Abdul Kalam

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

Let us all welcome the New Year 2012 with the above wisdom ingrained in our mind and actions and make the New Year a historic year with total involvement to realise the goals set for the growth of the Bank and welfare of officers. We wish all of you and your families a Very Happy and Successful New Year!

The year bygone has shown that each one of you has sustained your mettle even in the most difficult days and helped the Bank to register impressive and unparalleled growth with quality. The Bank, under the leadership of Shri M.D.Mallya, Chairman & Managing Director, continued to receive a series of awards and accolades in 2011 as in the previous year. Efforts to restore the NUMBER ONE position to our Bank must continue with further enthusiasm and vigour.

In the year 2011 we were required to go on agitation to get resolved certain pending issues of serious concern to officers. Our membership whole-heartedly supported and enthusiastically participated in the protest actions which ultimately yielded gains viz. increase in rental ceilings, increase in ceilings under the scheme for providing furniture and fixtures along with certain major changes in the scheme itself and coverage of the scheme for reimbursement of house maintenance expenses to the remaining category of officers. Our grateful thanks to each one of you once again for your active and encouraging support!

 

At the industry level, our apex organization INBOC, along with other constituents of UFBU took up the role of watch-dog to fight the anti-employee recommendations of Khandelwal Committee like dismantling industry level wage settlements, introduction of fixed and variable pay concept, outsourcing, etc. We have also taken cudgels against the moves to merge and consolidate Public Sector Banks, Banking Laws (Amendment) Bill, 2011 etc. Financial crisis affecting the Banking Sector world over has only proved that we are correct in our conviction. Our efforts in these areas will continue.

 

Friends, in the New Year each one of us will have to rise up and confront challenges before the Bank - be it in CASA Deposit growth, rise in cost of deposits, pressure on asset quality and other new challenges consequent to economic crisis. Simultaneously we have to vigorously pursue remaining pending issues. Let us resolve to achieve these twin goals.

 

With best wishes and greetings,

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

 

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