CIRCULAR TO MEMBERS NO.34 OF 2013                                   24th December 2013

 

Dear Members,

                         Re: Wage Revision - UFBU decides two days’ Strike on

                                                20th & 21st January 2014

                    -------o0o-------

As scheduled, a meeting of UFBU was held in Hyderabad on 23rd December 2013. The meeting congratulated all Bank Employees and Officers for the grand success of the 18th December strike and gave a call for 48 hours strike  on 20th and 21st January 2014 (i.e. from  6.00 a.m. on 20th January to  6.00 a.m. on 22nd January 2014) to expedite Wage Revision and to oppose Banking Sector Reforms. We reproduce hereunder the text of a circular issued by the Convenor of UFBU after the meeting:

 

“Pursuant to the massive success of our strike action on 18th December, 2013, a meeting of UFBU was held in Hyderabad yesterday i.e. 23rd instant, which was presided over by Com. K K Nair, Chairman of UFBU.

 

The meeting expressed its condolence over the sad and sudden demise of Labour Minister Sri Sis Ram Ola who passed away recently.

 

The meeting congratulated all the Constituent Unions, their units and the entire rank and file of members for the massive success of the strike on 18th December, 2013 which was meant to express our resentment over the delay in the wage revision talks and against the inadequate offer made by the IBA in response to the demand of the UFBU for a fair revision of wages looking to the steep inflation. The strike was also meant to register our protest against the unwarranted banking reform measures of the Government and demanding reversal of these policies.

 

The meeting thanked all the Central Trade Unions for their support to our strike action and also thanked the United Forum of Reserve Bank Officers and Employees (AIRBEA, AIRBWF, AIRBOA) and All India Insurance Employees Association for the solidarity and fraternal support to our struggle.

 

The Convenor informed that after issuance of strike notice on 2nd December 2013,  IBA came with an initial offer of 5% increase on pay slip components of all workmen and officers such as Basic Pay, Special Pay, Fixed Personal Pay, Professional Qualification Pay, Dearness Allowance, House Rent Allowance, City Compensatory Allowance (where applicable), Transport Allowance and Annual Medical Aid, which does not include the cost of superannuation and other components such as LFC, leave encashment, etc.  He also informed that since there was no response from the IBA despite request for substantial increase in the minimum offer, as it was felt too low, the one day All India Bank Strike on the 18th December 2013 was not withdrawn.

 

The meeting decided that UFBU shall urge upon IBA to resume the negotiations forthwith with a better revised offer so that meaningful discussions can be held

thereupon so as to conclude the Settlement within a timeframe and it was also decided that if the IBA would fail to improve their offer and come forward to settle the demands expeditiously, UFBU shall continue the agitation and decided on the following programmes.

 

Conduct of preparatory and other agitation programmes like meetings, rallies, protest demonstrations, badge wearing, postering, etc. during the month of January 2014;

 

Submission of Memorandum by all employees demanding immediate wage revision to Dr. Manmohan Singh, Hon’ble Prime Minister of India, Shri P Chidambaram, Hon’ble Minister of Finance, Government of India and the Chief Executive, Indian Banks’ Association on or before the 10th January 2014;

 

Two days’ All India Bank Strike on 20.01.2014 & 21.01.2014 by observing strike for 48 hours starting from 6.00 a.m. on 20.01.2014 to 6.00 a.m. on 22.01.2014;

 

Mass signature collection from employees and general public, against banking sector reforms, during the month of February 2014;

 

More strike action including indefinite strike during the months of February and March 2014.

 

Details of the preparatory programme will be given shortly.  Specimen for posters and Badges will also be sent in due course.

 

The meeting also decided on the following guidelines for our ensuing strike programmes.

                                                                                                                                               

  1. Since the issue involved is wage revision for all sections of employees and officers, all employees and officers including those on probation should participate in the strike.

 

  1. All our unions to suitably clarify to those who would retire from Bank service in the next few months to also to take part in the strike since, as per IBA guidelines/pension Regulations, there would be no loss to such employees in calculation of their pension entitlement and that wage revision would benefit all of them.

 

Comrades, while it would be our endeavour to resolve the demands through mutual discussions, when the response from the IBA and the Government is not positive and satisfactory, there is no other alternative than to carry forward our struggle.  Hence all our unions and members are requested to further cement our unity and march on to implement the programmes.”

 

With greetings,

 

                                                                                                        Yours sincerely,

 

                                                                                                           (K.K.NAIR)

                                                                                                 GENERAL SECRETARY

 

 

 

 

 

 

CIRCULAR TO MEMBERS NO.32 OF 2013                      16th December 2013

 

 

Dear Members,

 

 

Re: All India Bank Strike on 18th December 2013

 

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Further to our Circular to Members No.31 of 2013 dated 14th December,2013, we confirm having sent to you an e-mail as under:

 

 

“Today’s conciliation meeting held in the Office of Chief Labour Commissioner, New Delhi failed. 18th December, 2013 strike stands. Make it a grand success.”

 

 

In this regard, we also give hereunder the text of minutes of the Conciliation Proceedings held today by the Chief Labour Commissioner (Central), New Delhi:

 

 

“Parties attended as per attendance sheet.

 

Prolonged discussions were held with the parties.

 

The representatives of the UFBU forcefully put up their views on the two demands for which strike call has been given. They also stated that bilateral meetings were held with the representatives of the IBA on 14.12.13 but the views communicated by the IBA were not acceptable.

 

 

The representatives of the IBA stated that further negotiations with UFBU can be done. At this juncture the decision for resorting to strike by the UFBU is premature as bilateral negotiation has not yet been completed. They requested/made appeal to the UFBU to withdraw their strike and come forward for fresh negotiation.

 

The unions expressed their inability to review their stand on the proposed strike in view of the no new/improved offer made by the IBA.

 

 

The CLC(C) appealed to the representatives of the UFBU not to resort to strike on 18th December, 2013 and come forward for bilateral negotiation as offered by the IBA.

 

Both the parties submitted their written view.

 

Further date for conciliation proceedings, if any, will be intimated to the parties by post.”

 

 

Friends, in the absence of any improved offer,UFBU has decided to go ahead with the strike on 18th December,2013. Let us all participate in the strike and make it a grand success.

 

 

We also reproduce hereunder the text of a circular issued by the UFBU on 16th December 2013, for your detailed information:

 

 

“The last 9th Bipartite Settlement on revision of wages and services conditions expired on 31.10.2012. In view of this, United Forum of Bank Unions submitted ‘Charter of Demand’ for the 10th Bipartite Settlement of IBA on 30.10.2012. At the time of submission of Charter of Demand, UFBU requested the IBA to adopt a time bound programme to negotiate and settle the demands. IBA assured an expeditious settlement. Even though the formal negotiation started in February,2013, 22only six rounds of discussions have taken place so far, viz. on 22.2.2013, 22.4.2013, 7.6.2013, 12.8.2013, 11.10.2013 and 14.12.2013 i.e. each round of discussion has taken place after a gap of approx. two months.

 

 

Work load on bank employees and officers has gone up substantially due to increase in total volume of business without proportionate increase in staff strength, causing lot of stress and strain on them. Consumer price index has gone up by more than 2400 points under 1960=100 index series since November,2007 i.e. after last settlement. Prices are still rising unabated, eroding the real money value. Hence, early wage revision has become all the more necessary.

 

 

Despite six rounds of talk, not much headway has been made in the settlement of Charter of Demand. The paltry offer of 5% increase on the salary components covered by payslip components nowhere matches the expectations of the bank employees considering wages and salaries in comparative sectors including the salaries of government employees which was the bench mark for bank officers and employees at the time of implementation of PCR. It is pertinent to mention that government has also announced formation of panel on 7th pay commission which is to be implemented with effect from 1.1.2016 and on the other hand we do not find seriousness on the part of the IBA with regard to the wage negotiations.

 

 

IBA is trying to divide the officers community and want to implement fixed and variable pay concept for scale 4 and above in the banking industry. The concept of variable pay based on achievement of goals etc. is highly subjective and technical, considering the banking parlance. In the name of banking sector reforms, Government and RBI are taking retrograde steps. Therefore, UFBU consisting of 4 officers’ organizations and 5 Award staff Unions will observe 1 day strike on 18th December,2013.

 

Sir, despite your best efforts no new/improved offer has been made by the IBA. Therefore, we are not able to review our decision.”

 

 

With greetings,

 

 

Yours sincerely,

 

(K.K.NAIR)

 

GENERAL SECRETARY

 

 

 

 

 

CIRCULAR TO MEMBERS NO.31 OF 2013 14th December 2013

 

 

Dear Members,

 

Re: All India Bank Strike on 18th December 2013

 

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With regard to the above, we confirm having sent an E-mail reading as under:

 

 

“Today’s meeting with IBA – Offer on load made by IBA is not at all satisfactory. Hence 18th December strike stands. Make it a grand success.”

 

With regard to the load factor, which is a vital part in the Wage Revision discussion, IBA in the meeting held today, stated that “they are seriously pursuing the load factor with the Government.” Simultaneously they also requested UFBU to withdraw the proposed strike on 18th December 2013.

 

UFBU expressed its inability to reconsider our stand on 18th December strike based on a mere statement of “pursuing the issue with the Govt.” and insisted on initial offer. To our utter surprise IBA offered a meager increase of 5% of Salary & Allowances. IBA also expressed their inability to improve the offer further. UFBU informed IBA that the offer so made is too low and is not acceptable to us.

 

Friends, under these circumstances, UFBU is left with no other alternative but to proceed with the proposed strike on 18th December 2013. Let us go all out to make the 18th December strike a grand success.

 

With greetings,

 

Yours sincerely,

 

(K.K.NAIR)

 

GENERAL SECRETARY

 

 

 

 

 

 

CIRCULAR TO MEMBERS NO.30 OF 2013                                        4th December 2013

 

Dear Members,

 

Re: (i)  All India Bank Strike – preponed to 18th December 2013

      (ii)  Scheme for providing residential accommodation to officers

      (iii) Promotion Policy – Review

      (iv) Natural calamity in Uttarakhand – Interest free loan

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

We wish to inform that the All India Bank strike scheduled on 19th December 2013 now stands preponed to 18th December 2013. UFBU took the said decision as 19th December 2013 happens to be a holiday in certain States. Details of the agitation programmes are as under:

 

06-12-2013

Mass Demonstrations in all State capitals and other major centres

16-12-2013

Badge Wearing

17-12-2013

Mass Demonstrations, rallies, processions at all centres

18-12-2013

ALL INDIA STRIKE – demonstrations, rallies

 

We request each one of you to make the agitation programmes and the All India Bank Strike on 18th December 2013 a Grand Success.

 

Scheme for providing residential accommodation to officers

 

As you are aware increase in the rental ceilings under the scheme for providing residential accommodation to officers has been an issue which we have been pursuing with the management periodically. While some relief was given to officers with effect from 1st October 2011, the increase in Area-II and ‘other centres’ were found inadequate and not in tune with the market realities. We took up the issues again with the management and the Bank has revised the ceilings, with effect from 1st November 2013 as under:

                                                                                                      (Amt. in ` p.m.)

Grade/Scale

 

 

 

Area-II

 

       ‘Other Centres’

 

 

Existing

Revised

Existing

Revised

JMG/S-I

4500

6000

3500

4500

MMG/S-II

5000

6500

4000

5000

MMG/S-III

5000

6500

4000

5000

SMG/S-IV

6500

7500

6000

7000

SMG/S-V

7500

8500

7000

8000

 

These revised ceilings too fall short of the requirements of officers posted in several “Area-II” and ‘Other Centres’. We have therefore taken up this issue with the management once again for appropriate revision.

 

Promotion Policy – Review

 

As reported to you earlier, the Promotion Policy in vogue in our Bank is under review and discussions are being held between the representatives of the management and our Association. The Association had yet another meeting with the Bank on this issue on 25th November 2013. We shall keep you informed of further developments in due course.

 

Natural calamity in Uttarakhand – Interest free loan

 

You are aware of the Flash Floods erupted in the State of Uttarakhand on 16th June 2013 which caused unheard calamity to tens of thousands of people there. To mitigate the sufferings of our Bank’s employees affected by floods, we represented to the Bank to extend some relief to them. We are happy to inform that the Bank has considered our representation favourably and agreed to extend one time interest free Relief Loan to flood affected employees as per following terms and conditions:

 

Quantum of Loan                :    -03- months gross salary.

 

Rate of Interest                     :   NIL

 

Repayment                           :   -36- equal monthly instalments

 

NOTE: Total deductions from salary and allowances inclusive of the deduction towards proposed loan may not exceed 60% of the Gross Emoluments.

 

We are thankful to the management for this gesture.

 

With greetings,

 

                                                                                                                                                                Yours sincerely,

 

                                                                                                                                                                    (K.K.NAIR)

                                                                                                                                                       GENERAL SECRETARY

 

 

CIRCULAR TO MEMBERS NO.29 OF 2013                                                                                                            25th November 2013

 

 

Dear Members,

Re: XIIIth General Conference of our Association

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Further to our circular No.27 dated 11.11.2013 we give below further details about the XIIIth  General Conference of our Association held at Vadodara on 19th and 20h October 2013.

 

Proceedings on the 2nd day commenced at 9.00 a.m.  The General Secretary reported that the Association has received a large number of messages from Executive Directors and several functionaries of our Bank, our members, Trade Union Leaders and well wishers.  Shri N.V.Daniel, Secretary (Central Gujarat Zone) read out the messages received from S/Shri P.Srinivas, Ranjan Dhawan & B.B.Joshi, Executive Directors, S.N.Bhandari, Director, Corporate General Managers, Zonal Heads, DGMs and AGMs. The House thanked each one of them with a loud applause.

 

Taking up the agenda, “To review and discuss organizational matters and service conditions of officers in the Bank and adopt appropriate Resolutions”, General Secretary updated the members with the various developments in our organization. He also updated them  with the recent developments on the new Bank Licensing Policy under which the Government proposes to give licenses to Private Corporate and Industrial Houses for opening Banks. The meeting deliberated at length and was of the firm view that this proposed Policy, if allowed to be implemented, will adversely impact the functioning of Public Sector Banks and defeat the very objectives of Bank Nationalization. The House unanimously resolved to take all measures to ensure that the Govt. revisits and reconsiders this policy.  

 

Proceeding with the agenda, General Secretary further reported that the management has now agreed to revive the Structured Meetings at Zonal level and the first Zonal Level Structured Meeting on a Pilot Project basis, was held at Greater Mumbai Zone on 19-07-2013. The meeting, the General Secretary stated, was held in a cordial atmosphere and a number of issues were discussed and resolved. The General Secretary informed that with the successful conclusion of this Pilot Project at Greater Mumbai Zone, Structured Meetings would be held in other Zones too. Meanwhile the General Secretary insisted on the need to complete the Structured Meetings at Regional level. The General Secretary emphasized that Zonal and Regional Committees must be strengthened further. In this context the House also took a note of the Bank’s decision to open eight new Regions in the Bank.

 

The General Secretary also brought to the notice of the House that the Association could enter into a Transfer Policy and Promotion Policy with the Bank during the intervening period. The Transfer Policy settled with the management in the year 2010 was reviewed on 02-03-2013 and will be valid for three years. The Promotion Policy revised and approved by the Board of the Bank on 27-01-2010 is now under review and we expect to reach a final settlement soon, added the General Secretary. Issues such as incentives to branch heads, inadequate rental ceilings for certain centres, review of furniture scheme etc. are some of the major issues taken up by us and we are awaiting Bank’s decision, added the General Secretary.

 

In the discussions that followed, delegates appreciated the improvements made in service conditions. The House also reiterated its demand for a reasonable share in the huge profit that our Bank makes year after year. S/Shri Prem Makker (North Zone), R.K.Chatterjee (BOJ Zone), Pradeep Kumar Jha (MP & CG Zone), H.S.Banerjee (Eastern Zone), Pooran Singh (W.U.P. & U Zone), Shyam Sunder (K & AP Zone), V.B.Chavan (M&G Zone), Janak M.Suthar (North Guj.Zone), N.V.Daniel (Central Guj.Zone), S.S.Meena (Rajasthan Zone), S.N.S Yadav (E.U.P.Zone), G.Virabadran (TN & Kerala Zone), S.H.Nebhani (Greater Mumbai Zone) and several other delegates participated in the discussion and presented their view on various issues concerning the officers.

 

In response, General Secretary informed the members that the Association has taken up most of the issues raised by delegates with the management and he expressed his hope that the same would be sorted out through bilateral discussions. The demand made by members for ‘Risk Insurance Policy’ to the officers by the Bank was well appreciated by the house and General Secretary agreed to take up the matter at the appropriate level. Regarding denial of Additional Retirement Benefit (ARB) to officers the General Secretary stated that due to misinterpretation of the provisions by the management this has happened and its restoration is under active consideration of the Association. Delegates desired that yet another training programme for Defence Representatives be organized and the General Secretary agreed to arrange it as early as possible. The General Secretary also announced that the Ladies’ Wing, as desired by the delegates, would be revived soon. Subsequently the Conference adopted unanimously the following Resolutions:

 

1.   To Protest against the Government decision of RBI/Govt. to issue licenses to Private Corporate Business to open Banks in Private Sector.

2.      To Approve certain amendments to the Constitution of the Association as proposed.

3.      To Condone the delay in conducting the General Conference of the Association.

4.   To Appoint Auditors to audit the Books of Accounts of the Association & fix their remuneration.

 

Taking up the Agenda viz. Business Development of the Bank, the General Secretary urged upon the need to put in all efforts for all round growth of the Bank and make our Bank  a Ten Trillion Bank by 31st March 2014, a cherished goal set by our Bank’s CMD Shri S.S.Mundra. Initiating discussions Shri V.B.Chavan, Secretary (Mah. & Goa Zone) stressed the need for improving the share of fee based income, in view of the narrowing spread. Since the Bank has been shedding away the bulk deposits due to its high cost, he called upon the members to concentrate more on retail deposits. He shared with the members the anxiety of the top management on growing NPA and PWO portfolios. The shrinking level of Priority Sector, Agriculture and other Priority sector advances below the mandatory requirements also needs to be arrested. The performance of loan factories established by the bank to cater to the needs of retail and SME sectors are not encouraging due to the poor leads that are generated by the branches, Shri Chavan added. Bank is marching towards a strong network of 5000 branches, 6000 ATMs and 25000 POS machines. Self pass-book printing is a new initiative for the benefit of customers. The scope for Government Business has been widened to more branches. Car Loan and Home Loan Schemes have been redefined. All these new initiatives should be exploited for maximizing the business of the bank, Shri Chavan said. He stressed the need for taping the potential to improve the CASA level as also to issue ATM cards to all active SB account holders. A number of delegates participated in the discussions that followed and endorsed the suggestions made by Shri Chavan adding further action points for augment of Bank’s Business. The meeting took a careful note of these and Delegates in one voice appreciated the call given by Association and decided to put in all efforts to make our Bank Ten Trillion Bank by 31st March 2014.

 

The House took up for consideration the next agenda viz. Developments in INTUC and INBOC. Dr.G.Sanjeeva Reddy, Ex-MP,  President of INTUC and INBOC and Shri Jaiprakash Chhajed, All India Vice-President and Maharashstra State President of INTUC joined the meeting at this juncture. Shri R.K.Chatterjee, Zonal Secretary (BOJ) welcomed the dignitaries to the Conference. Shri K.K.Nair in his introductory address, recalled the rich contributions made by Dr.Reddy to the working class of the country during the last sixty years. Shri Nair recalled his close association with Shri Chhajed, MLC in Trade Union movement in Maharashtra as INTUC State President, where he is the General Secretary. Sighting the slow progress in Wage Revision talks, General Secretary appealed to Dr. Reddy to extend his wholehearted support in reaching an early settlement as was done in the past.

 

Conveying his greetings to the XIIIth General Conference, Shri Jaiprakash Chhajed MLC  opposed Government decision to open up banking industry to private sector as this decision would defeat the objectives of Nationalization of Banks laid down by our Government under the leadership of Late Smt. Indira Gandhi in 1969. He also added that it would help only foreign and private banks to maximize their profit.  Shri Chhajed assured the unstinted support of INTUC in the struggle of bank employees against this anti social decision.  He thanked the Association for inviting him to attend the Conference and wished all success for the event.

 

Dr. G Sanjeeva Reddy, at the outset, thanked the Association for inviting him to the General Conference and shared his seamless pleasure to meet the delegates.  He applauded the efficient customer service rendered by the Public Sector Banks through dedicated services to the farmers, workers and common men in the country. Dr.Reddy further stated, “INTUC believes that the prime duty of every trade union is to create an atmosphere that allows the industry to grow freely.”  At the same time INTUC would oppose the wrong policies of the Government irrespective of its strong sentiments to the ruling Congress party, added Dr.Reddy. “It is the duty of INTUC to point out the mistakes and put pressure on Government to initiate corrective measure”, Dr. Reddy emphasized. In the context of licensing policy for opening Banks in private sector, he categorically stated that any move leading to weaken or destruct public sector banks would be opposed by the Joint Action Committee of Trade Unions under his chairmanship.  Dr. Reddy recalled that during the last wage revision settlement, he along with Shri K.K.Nair met the Prime Minister Dr. Manmohan Singh and the then Finance Minister Shri Pranab Kumar Mukherjee. These meetings ultimately helped the bank unions to reach a fairly good settlement.  All India Bank of Baroda Officers’ Association is the oldest officers’ organization in banking industry and INTUC is proud to have its General Secretary Shri K.K.Nair as Treasurer of INTUC and General Secretary of Maharashtra INTUC.  While reiterating the unstinted support of INTUC for the common cause of bank officers, he called upon members to strengthen the industries in public sector and take forward the country to prosperity.

 

Shri Prem Makkker, Secretary (Northern Zone), proposed vote of thanks.

 

ELECTION OF OFFICE BEARERS:  The  General Conference unanimously elected the following as new office bearers. 

 

 

President

1) Shri Vinod Sheladia

Station Road, Navsari

Vice-Presidents

1) Shri A.N.Patil

Railway Lines, Sholapur

 

2) Shri S.S.Shetty

Jogeshwari (E) Mumbai

 

3) Shri A.A.Paliwala

Reg.Office (FI) Surat

 

4) Shri P.O.Shah

Reg.Office, Anand

 

5) Shri H.Y.Karia

Reg.Office, Rajkot

 

6) Shri S.L.Parmar

Reg.Office, Raipur

 

7) Shri B.L.Bawra

JLN Marg, Ajmer

 

8) Shri Surinder Sachdeva

Sector-15, Rohini

 

9) Shri Sanjay Saxena

Fun City, Bareily

 

10)Shri S.P.Chhabra

Reg.Office, Lucknow

 

11)Shri Tapabrata Maity

Reg.Office KMR, Kolkata

 

12) Shri B.K.Ojha

Patna City, Patna

 

13) Shri N.G.Shyamsing

Rajaji Nagar, Bangalore

 

14)Shri P.N.Narendra Babu

EC Street, Chennai

General Secretary

1) Shri K.K.Nair

Central Office, Mumbai

Asstt.Secretaries

1) Shri K.Rajeev

BCC, Mumbai

 

2) Shri R.M.Kolse

Shrirampur, Dist.Aurangabad

 

3) Shri S.D.Dagadwala

Nabipur, Surat

 

4) Shri Veera Kumar

Thuvavi, Dist.Baroda

 

5) Shri Yashesh Vaishnav

Gezia, Dist.Gandhinagar

 

6) Shri Dinesh Jain

Reg.Office, Raipur

 

7) Shri Bhupendra Jain

Adarsh Nagar, Jaipur

 

8) Shri P.S.Suri

Mohali, Punjab

 

9) Shri Mukesh Chaturvedi

Civil Lines, Bareilly

 

10)Shri K.B.Tripathi

Sarvoday Nagar, Kanpur

 

11)Shri Rajesh Sarkar

Darjeeling, West Bengal

 

12)Shri R.K.Tiwari

Bettiah, Bihar

 

13) Shri K.Rama Murthy

Service Branch, Hyderabad

 

14)Shri Sursesh B.Nair

Adoor, Kerala

Treasurer

1) Shri Bharat A.More

ZIC, Mumbai

 

2) Shri S.K.Saha

UTI Tower, BKC

 

Friends, the historic xiiith General Conference concluded at 7.30 p.m. on 20th October 2013 with a Vote of Thanks by Shri S N S Yadav Secretary (E.U.P.Zone). The Delegates who came from the length and breadth of the country participated in the two days’ Conference were thrilled to be a part of the discussions marked by quality with respect to time schedule. They were delighted to be a part of the Conference organised in the Golden Jubilee year of our beloved Association built by unflinching loyalty, faith, commitment and dedication of our membership, past and present. The delegates were very happy and appreciative of the excellent arrangements made by Shri N.V.Daniel, Secretary, Baroda Zone and the Chairman, Reception Committee and large number of volunteers who took meticulous care to make the Conference a grand success. We are thankful to each one of them.

 

With greetings,

 

 

 

Yours sincerely,

 

 

 

(K.K. NAIR)

GENERAL SECRETARY

 

 

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

 

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

 

 

 

 

CIRCULAR TO MEMBERS NO.28 OF 2013                                                                                                                        23rd November 2013

 

 

Dear Members,

 

Re:  Wage Revision & Banking Reforms –

        Bank Strike on 19th December 2013

  -------o0o------

 

A meeting of UFBU was held in Chennai on 20th November 2013 to discuss and decide on the most important issue of Wage Revision. The meeting also discussed other areas of serious concern to Bank employees viz. reform policies proposed in the Banking Sector, allowing foreign banks to enter India in a big way etc. The meeting after detailed discussions decided to go on one day strike on 19th December 2013 demanding IMMEDIATE WAGE REVISION AND STOP BANKING REFORMS. We reproduce hereunder the text of a circular issued by Shri M.V.Murali, Convenor, for your information.

 

“A meeting of the United Forum of Bank Unions (UFBU) was held in Chennai yesterday i.e., 20th November 2013 under the chairmanship of Com. K K Nair, Chairman of UFBU and the representatives of all constituent unions/associations of UFBU were present.

 

The developments in the areas of wage negotiations, reform policies of the Government in the banking sector, the speed with which the Government is proceeding in implementation of reforms were reviewed and extensive deliberations were made on the issues confronting the bank employees.

 

The meeting noted with concern, the lackadaisical attitude of the Government/IBA in the area of wage negotiations that resulted in inordinate and undue delay in the process of negotiations.  Taking into consideration the insignificant progress in the process of negotiations despite a lapse of more than a year since commencement of the process and the financial pressure on employees due to high inflation, the representatives of all constituent unions of UFBU unanimously decided to press the demands through agitation programmes including strike action as there is no positive response from the Government/IBA to settle the 10th Bipartite Wage Settlement at the earliest.

                  

 

The meeting also expressed its strong protest against the various measures being taken by the Government and Reserve Bank of India (RBI) in the name of financial reforms inasmuch as the proposals like allowing foreign banks to enter India in a big way with near ‘national treatment’, which would enable them to take over our banks, the discussion paper released by RBI recently on Banking Structure in India and the thinking of RBI to consider granting of licenses to open Private and Foreign Banks under New Bank Licensing Policy, etc., are designed to eliminate the public sector character in the Country which are not in the interests of general public, who have faith and feel more secured with the Public Sector Banks. 

 

Further, the meeting condemned the recent decision of NABARD to convert the Primary Agriculture Co-operatives (PACs) as Business Correspondent (BC) of District Co-operative Credit Banks (DCCBs), thereby around 2.2 lac permanent employees working in PACs would be affected and adopted a resolution extending solidarity support to the agitating employees of PACs.

 

          Considering all the above aspects, the meeting decided to give a call for      All India Bank Strike for one day on 19th December 2013 demanding

 

·         IMMEDIATE WAGE REVISION

·         TO STOP BANKING REFORMS

 

Details of agitation programmes will be issued in due course.

 

The representatives of all the constituent Unions of UFBU further decided to meet on 23rd December 2013 to review the position and chalk out further agitation programmes, if need be.

 

          Comrades, there is no significant progress in the 10th Bipartite Wage negotiations even though it was initially assured by IBA to conclude the wage negotiation process at the earliest.  It is disappointing to note that even the rate of increase is not yet offered by the negotiating authorities despite the lapse of more than a year.  We are left with no option except to resort to agitation programmes including strike action.

 

          Comrades, let us march on with all the strength at our command and make agitation programmes a grand success not only to achieve reasonable wage increase at the earliest but also to thwart the anti-public and anti-national moves of the policymakers in the name of financial reforms.”

 

 

With greetings,

 

 

Yours sincerely,

 

 

 

(K.K. NAIR)

GENERAL SECRETARY

 

 

 

 

 

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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CIRCULAR TO MEMBERS NO.27 OF 2013                                                                                                                                                11th November 2013

 

Dear Members,

 

Re: XIIIth General Conference of our Association

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

 

In continuation to our circular No. 23 dated 29.10.2013, we report hereunder further details of the XIIIth General Conference of the Association held at Vadodara.

 

The post lunch session on 19th October,2013commenced at 2.30 pm with the key note address by Shri S K Das, Chief General Manager (HRM).  Shri Das expressed his happiness in attending the Conference being held on the eve of the Golden Jubilee of the Association and he greeted the delegates on this happy occasion. During the past 50 years, the Association had passed through several difficult situations and successfully come out every time, he observed.  The service conditions and working atmosphere in the Bank witnessed remarkable improvements during this period, added Shri Das. The ban on recruitments that began in the industry during early 90s put the employees into severe hardships, particularly in the context of manifold increase in business on account of vast branch expansion.  However, the newly joined employees who were inducted into the system after 2007,when the recruitments were re-started, are not aware of the problems faced by their predecessors during the past, he said.  TheCGM(HRM) felt that the industry would witness yet another period of crisis when the issuance of new banking licenses takes place in 2014. 

 

Shri Das informed that more than 70% of Executivesavailable  in the Bank today would retire during the coming 3 years, paving way to young officers for career elevation. He called upon the officers  to become successful Managers thereby taking the business of the Bank to greater heights.  The CGM (HRM) shared with the delegates that more than 40% candidates who qualify for recruitment in Banks through IBPS opt Bank of Baroda, only due to the enviable service conditions and bright career prospects available in our Bank. Imparting proper training and bringing the new recruits to the right career path has been a great challenge.  But through the best HR policies and practices, in harmony with Government guidelines, Bank has been able to successfully face this challenge, he said.  Shri Das advised the members to create a bench markfor  themselves and others. 

 

Shri Das stated that mounting NPA  has become one of the very serious concerns for banking industry as a whole and our Bank in particular adding that, the threat of staff accountability hampers decision making process for officers in credit matters.  Shri Das called upon the concerned officials to take pragmatic views while examining staff accountability and conducting investigations. He further stated that E-learning facility introduced by  the Bank has been a new initiative and officers should extract maximum advantage out of it. “Employees should practice earn while they learn and earn while they sell, all through online mechanism”, he advised.

 

 

 

“The coming days are very crucial for the employees in banking industry, particularly in view of the wage revision talks and other developments that takes place in financial sector.  The Association under the leadership of Shri K K Nair should strive hard to reach an early wage revision settlement as also to get 5 day week implemented at the earliest”, Shri Das said amidst loud applause. Concluding his address Shri Das thanked the Association leadership for inviting him to attend the General Conference and wished the two days programme all success.

BUSINESS SESSION.

Business session of the Conference commenced thereafter and the house took up for consideration various agenda items.

 

Presentation of Report and Accounts:

 

As the first item of the agenda, Shri K K Nair presented the General Secretary’s Report for the consideration of the house.  General Secretary requested the forum to condone the delay in convening the conference within the stipulated time.  The house while condoning the delay held detailed deliberations on the Report and adopted the same unanimously.  Subsequently, Shri Bharat More, Treasurer of the Association presented the audited Accounts of the Association for the period upto December 2012.  Discussions were held on the Accounts and the same were passed unanimously.

 

Amendments to the Constitution:

 

As the next item in the agenda, certain amendments to the Constitution of the Association were taken up for discussion. After thorough discussions, all the amendments proposed were adopted unanimously. Details are as under:

 

Sl. No

Existing Provision

Proposed Amendment

1

Rule No.1 -  Title and Address:

The registered address of the Association shall be C/o Bank of Baroda, Central Office, 3, Walchand Hirachand Marg, Ballard Pier, Mumbai-400001 or as decided by the Central Committee from time to time.   

Rule No.1 -  Title and Address:

The registered address of the Association shall be C/o Bank of Baroda, Zonal Office (Greater Mumbai Zone), 3, Walchand Hirachand Marg, Ballard Pier, Mumbai-400001 or as decided by the Central Committee from time to time.   

2

Rule No.3  a) (i):

The membership of the Association shall be open to all officers upto Senior Management Grade/Scale-IV in the service of Bank of Baroda on payment of a prescribed fees along with the written application in the prescribed form. 

Rule No.3  a) (i):

The membership of the Association shall be open to all officers upto Senior Management Grade/Scale-IV in the service of Bank of Baroda in India on payment of a prescribed fees along with the written application in the prescribed form.

3

Rule No.3 - Admission fee

b) An officer may be admitted to membership of the Association on his written application in the prescribed form and on payment of admission fee of Rs.40/-.

Rule No.3 - Admission fee

b) An officer may be admitted to membership of the Association on his written application in the prescribed form and on payment of admission fee of Rs.100/-.

4

Rule No.3 - Subscription

c) The membership subscription shall be Rs.40/- per month and shall be payable in advance yearly i.e. in the month of January.

 

Rule No.3 - Subscription

c) The membership subscription shall be Rs.100/- per month and shall be payable in advance yearly i.e. in the month of January.

 

5

Rule No.6 – Zonal or Regional Committees:  There shall be thirteen Zones comprising branches/offices in various States as mentioned hereunder:

i)Greater Mumbai Zone – to consist of Bank’s branches/ offices in Mumbai and Thane Districts

vi)Eastern Zone- to consist of Bank’s branches/offices in West Bengal, Assam, Tripura, Manipur, Sikkim, Meghalaya and Nagaland

 

vii)Northern Zone – to consist of Bank’s branches/offices inDelhi,Punjab, Haryana, Himachal Pradesh, Jammu & Kashmir and Union Territory of Chandigarh.

 

ix)Western UP Zone – to consist of Bank’s branches/offices in Western UP and Uttranchal

 

x)Southern Zone – to consist of Bank’s branches in Tamilnadu, Kerala, Karnataka, Andhra Pradesh and the Union Territory of Pondicherry. 

 

xi)PuneZone-  to consist of Bank’s branches in Maharashtra (excluding Mumbai and Thane Dist.) andGoa

xii)Bihar & OrissaZone-to consist of Bank’s branches inBihar, Jharkhand and Orissa.

 

xiii)M.P.Zone – to consist of Bank’s branches in Madhya Pradesh and Chattisgarh.   

 

Rule No.6 – Zonal or Regional Committees:  There shall be fourteen Zones comprising branches/offices in various States as mentioned hereunder:

i)Greater Mumbai Zone – to consist of Bank’s branches/ offices in Mumbai, Thane and Raigad Districts

vi)Eastern Zone- to consist of Bank’s branches/offices in West Bengal, Assam, Tripura, Manipur, Sikkim, Meghalaya, Nagaland, Arunachal Pradesh, Mizoram and Andaman & Nicobar islands

vii)Northern Zone – to consist of Bank’s branches/offices inDelhi,Punjab, Haryana, Himachal Pradesh, Jammu & Kashmir, Union Territory of Chandigarh and Ghaziabad & Noida Districts in Western UP & Uttrakhand Zone.

ix)Western UP and Uttarkhand Zone – to consist of Bank’s branches/offices in Western UP and Uttarkhand except those in Ghaziabad and Noida Districts

x)Karnataka & A.P Zone - to consist of Bank’s branches/offices in Karnataka and Andhra Pradesh

xi) Tamilnadu & Kerala Zone – to consist of Bank’s branches/offices in Tamilnadu, Kerala  and the Union Territory of Pondicherry. 

xii) PuneZone-  to consist of Bank’s branches / offices in Maharashtra (excluding Mumbai, Thane & Raigad Districts) andGoa

xiii) Bihar, Jharkhand & Orissa Zone- to consist of Bank’s branches/offices in Bihar, Jharkhand and Orissa.

xiv) M.P. & Chattisgarh Zone – to consist of Bank’s branches/offices in Madhya Pradesh and Chattisgarh.

6

Rule No. 7- Election of the Zonal Committee and its Office bearers:

a)The Zonal Committee shall consist of a minimum 9 members and a maximum of 1.25% of the total membership or major fraction thereof in the respective Zone who will be elected once in three years by the primary members of Association in each Zone 

Rule No. 7 - Election of the Zonal Committee and its Office bearers:

a)The Zonal Committee shall consist of a minimum 9 members and a maximum of 1.25% of the total membership or major fraction thereof in the respective Zone who will be elected once in three years or as may be decided by Central Committee by the primary members of Association in each Zone 

7

Rule No.9

d)(ii) the number of Vice-Presidents and Assistant Secretaries to be elected subject to the maximum number provided in this rule

1. One President

2. One Working President

3. One General Secretary

4. Thirteen Vice-Presidents

5. Thirteen Assistant Secretaries

6. One Treasurer

7. One Jt. Treasurer 

Rule No.9

d)(ii) the number of Vice-Presidents and Assistant Secretaries to be elected subject  to the maximum number provided in this   rule

1. One President

2. One Working President

3. One General Secretary

4. FourteenVice-Presidents

5. FourteenAssistant Secretaries

6. One Treasurer

7. One Jt. Treasurer 

8

Rule No.14

d)The General Secretary or Treasurer or a member of the Central Committee or any other person authorized by the General Secretary shall not keep more than Rs.1000 with them for the current expenses. 

Rule No.14

d)The General Secretary or Treasurer or a member of the Central Committee or any other person authorized by the General Secretary shall not keep more than Rs.10000 with them for the current expenses. 

 

Wage Revision and Other Related Issues

General Secretary presented an updated report on wage revision. He informed that during the course of five rounds of discussions between UFBU and IBA consensus could be reached only on the date of effect and merger of dearness allowance. On the offer of wage load increase, IBA sought more time to study the cost impact.  In response to the demand of UFBU for 100% reimbursement of hospitalisation expenses, IBA proposed introduction of Mediclaim Policy under which the Insurance Company would reimburse expenses upto a ceiling of Rs.4.00 lacs, Rs.3.00 lacs and Rs.2.00 lacs per annum for officers, clerical staff and sub staff respectively.  UFBU has not responded to the offer pending detailed study of the proposed Policy. Management’s demand for introduction of CTC and Fixed/Variable pay concepts and restricting  wage revision talks upto Scale-III only were totally rejected by UFBU, the General Secretary said. In the matter of restoration of compassionate ground appointments, IBA has informed Unions that a scheme similar to that of Central Government Employees has been recommended to the  Government for its approval, which indeed is a positive initiative by IBA on this long pending demand, he added. 

 

General Secretary appraised the house that a delegation of UFBU constituents met Finance Minister Shri P Chidambaram on 06/08/2013 and submitted a detailed memorandum highlighting the demands of bank employees for an early settlement of wage revision, introduction of 5 day week and restoration of compassionate recruitment as also its protest against merger of banks and issuance of banking license to corporate houses. Finance Minister gave a patient hearing on the grievances and agreed to look into the issues. The General Secretary also informed that another round of discussions were held with IBA on 11/10/2013. However, there was no visible progress on the part of IBA in the matters related to wage load, DA formula, compassionate appointment and various other issues.  In protest against the delay tactics of IBA in wage revision talks, UFBU gave a call for demonstration in state capitals and other major centres on 22/10/2013 demanding expeditious wage settlement. 

 

A number of delegates participated in the discussion that followed  and each one criticized the action of IBA to delay the wage revision settlement and urged UFBU to  convey its strongest  protest to the Government of India.  

 

Please await our next circular for further details.

 

With greetings,

 

Yours sincerely,

 

 

 

(K.K. NAIR)

GENERAL SECRETARY

 

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CIRCULAR TO MEMBERS NO.26 OF 2013                                                                                                                                                       29th October 2013

 

Dear Members,

Re: XIIIth General Conference of our Association

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

We are very glad to inform that the XIIIth General Conference of our Association was held on 19th and 20th October 2013 at Vadodara, the proud birth place of our Bank. A great event for our Association, the General Conference took place at Ball Room, Surya Palace Hotel, Sayajigunj, Vadodara. A large contingent of Delegates and Central Committee Members from different parts of the country took part in the Conference.

 

The inaugural session commenced on 19th October 2013 at 10.30 a.m. with a Prayer song followed by a welcome address by Shri N.V.Daniel, Secretary of the host Zone. Shri Daniel offered warm welcome to the Chief Guest Shri S.S.Mundra, the Chairman and Managing Director of our Bank, Shri Maulin Vaishnav, the Director on Bank’s Board, Shri V.B.Chavan, the Zonal Secretary (Maharashtra & Goa) and Director on the Board representing the Officers’ Association, Shri Milind Nadkarni, General Secretary, All India Bank of Baroda Employes’ Federation, Shri S.K.Das, Chief General Manager (HRM) and representatives of AIBEA and other Employee organizations. He also welcomed the invitees Shri V.K.Bhattia, General Manager (South Gujarat Zone), Shri U.K.Bijapur, General Manager (North Gujarat Zone), Shri Vipin Mahajan, General Manager (CID), other Executives, Guests, and delegates and Central Committee members from all over the country to the Conference. The dignitaries and invitees were also welcomed with floral bouquets.

 

The General Secretary in his introductory address joined Shri Daniel in welcoming the dignitaries, guests, delegates, Central Committee members, Zonal Secretaries, other office-bearers, Committee members and invitees. The General Secretary profusely thanked the CMD Shri S.S.Mundra for amicably settling some of the long pending demands made by the Association more particularly revival of ESCORT Scheme, Structured Meeting at Zonal level, Business Development Meeting at Corporate and Zonal levels besides commencing and concluding various exercises for promotions to higher grade/scale resulting in a record number of promotions to officers. He assured the CMD that our membership will wholeheartedly work to realize the ambitious goal to take our Bank to a Ten Trillion Bank (TTB) by March 2014.

 

The Chairman & Managing Director Shri Mundra inaugurated the XIIIth General Conference by lighting the traditional lamp amidst thunderous applause. He expressed his overwhelming happiness in attending the Conference and being a Barodian he felt a sense of comfort and nostalgia as he was a part of such similar occasions in the past. The XIIIth General Conference has great significance on account of three reasons, the first and foremost being its venue at the birth place of the Bank, the second significance, according to him, was the extra energy packed within the members as the Conference takes place after a gap of more than 5 years and the third aspect of importance is that the meeting is convened during the Golden Jubilee Year of the Association. Shri Mundra recalled that the Association is the oldest officers’ organization in banking industry and it enjoys the status of a mother organization to many other trade unions in the industry. Under the matured leadership of Shri K.K.Nair, AIBOBOA has been a coaching class to other organizations as well as for the employees in the Bank. The adherence of the Association to its philosophy ‘Grow with the Bank’ and its implementation in letter and spirit for five decades is commendable, the CMD added. Shri Mundra complemented Shri V.B.Chavan, for his immense contribution as a dedicated Director in Board representing Officers’ Association.

 

Shri Mundra viewed that the Indian economy is passing through a testing time. The GDP has fallen to the level of almost 5% from 9-10% about 3-4 years back. Since GDP has a direct impact on credit growth, the 25% growth achieved during those days may now fall down significantly. Our Bank should envisage a credit growth of nearly 3-4% above industry average which may be around 18-20%. The current account deficit of the country, though under control, also causes concern to banking industry.

 

Other major problem concerning the industry is the growing inflation rate, where the depositors expect higher interest rate. On the other side the borrowers anticipate reduction in credit rate for a sustained growth. This phenomenon puts tremendous pressure on the profitability of banks. Regulators have kept the liquidity under tight control. We are also required to adhere to the various actions of regulators and controlling agencies. All these macroeconomic indicators have changed the past business equations and necessitated the Bank to handle the business with due care and prudence. CMD further stated that his call for “Back to Basics” is based on this changed scenario. CMD has shared with the house that the Board of Directors has met for two days to discuss exclusively on strategies on various short, mid and long term action points.

 

Shri Mundra stated that, as required under a new regulation, Bank had made a presentation to RBI on Risk Based Supervision, in which control on asset quality, wide based growth in credit, massive expansion of Alternate Delivery Channel, Control, Compliance & Governance (CCG) and HR matters were projected as Bank’s five top priorities. HR related matters are more significant in the coming years in the context of massive retirements that are going to take place in the next three years. “In order to achieve our goals, our mantra should be 5 ‘P’s, viz. Product, Process, Pricing, Publicity & Promotion and more importantly the People”, he added. CMD called upon the members “to concentrate the focus to do things in right direction” and emphasized “The core philosophy of employees should be willing participation than prescription”.

 

CMD recalled that during the current year, the promotions in various cadres were as high as more than 40% of any other years. Transfers were implemented in a time bounded manner and various policies were either modified or formulated for the benefit of employees in consultation with organizations of employees. He called upon the members to properly blend the traditional banking with transactional banking. As a step towards creating a pool of loyal and lasting customers Bank had reduced bulk business substantially and replaced the same largely with retail business. CMD advised the members to be pragmatic in handling NPA accounts and slippage prevention. “More attention should be given in Financial inclusion and Retail Business growth”, the CMD reiterated.

 

Our CMD Shri Mundra further declared that under the action points proposed in HR, promotions upto Scale-I would take place within six months and that promotion in other cadres and transfers would be effected within the prescribed time schedule. Under Project Sparsh, the on boarding programme of newly recruited staff is implemented effectively. CMD announced improvements in Provision for Furniture to Officers, increase in rental ceilings and incentive Schemes covering large number of employees with increased amount. He appealed to the officers’ fraternity in the bank to make all out efforts to achieve Ten Trillion Bank by March 2014. Shri Mundra expressed his happiness on the business agenda and hoped that the Conference would conduct fruitful discussions on it and emerge with action points. He wished all success to the XIIIthe General Conference.

 

Shri Maulinbhai Vaishnav, Director on our Bank’s Board, in his felicitation address, shared his happiness in holding the meeting at the birth place of the Bank. He complemented CMD Shri Mundra for holding a two days meeting of the Board exclusively to discuss on Business Strategy, first of its kind, during his last 9 years’ term as a Director. Shri Maulinbhai congratulated Team Baroda for the Rashtra Bhasha Award conferred on the Bank at national level in the recent past. Shri Maulinbhai Vaishnav thanked the Association for inviting him to the Conference and wished all success.

 

Shri Milind Nadkarni, the General Secretary of All India Bank of Baroda Employees’ Federation in his address to the house recollected the long standing relationship his organization has with Officers’ Association. Shri Rajagopal and Shri Chokshi the then General Secretaries of Federation and Officers’ Association had contributed largely for building up a firm relationship. He complemented Shri K.K.Nair for running the Association in an excellent manner even when it went through some troublesome period. Shri Nadkarni revealed that he had learnt a lot from Shri Nair, both personally and professionally. “Trade Union is a long and hard journey and 50 years is only a beginning for Officers’ Association, thanks to the pragmatic leadership of Shri K.K.Nair. Having Shri Nair at the helm, AIBOBOA has a bright future”, he stated. Shri Milind Nadkarni congratulated Shri K.K.Nair on his election as the Chairman of UFBU and desired that he also involves in the activities of International Forum of Workers. Shri Nadkarni extended wholehearted support to the CMD for making his dream TTB true and requested him “to add another ‘P’ to his 5 ‘p’ mantras, that is Piece with Prosperity to the Employees”. Inaugural Session ended with a Vote of Thanks by Shri R.K.Chatterjee, Secretary, BOJ Zone. Await our next circular for further details.

 

We take this opportunity to wish you and your family Happy Diwali and Prosperous New Year.

 

With regards,

 

                                                                                               

                                                                                              Yours sincerely,

 

                                                                                                   (K.K.NAIR)

                                                                                         GENERAL SECRETARY

 

 

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 CIRCULAR TO MEMBERS NO.25 OF 2013                                                                                                                           15th October 2013

 

Dear Members,

 

Re: Morcha to Parliament on 12th December 2013.

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

 

With regard to the above we reproduce hereunder the text of a circular of date issued by UFBU for the information of our members:

 

“All our unions and members are aware that as per the call of the Central Trade Unions, one million bank employees took part in the 2 Days General Strike on 20th and 21st February, 2013 as per the decision of UFBU and contributed to the success of the united action by the entire working class. As a sequel to this massive protest action against the Central Government’s anti-labour policies, the Prime Minister himself responded and stated that the demands raised by the trade unions are reasonable and genuine and hence needs to be looked into. However, after this, a farcial meeting was held by a Group of Ministers with the Central Trade unions and nothing has moved thereafter.

 

Hence, in order to further pursue the demands, a Convention of all the Central Trade Unions and various other independent trade unions was held in Delhi on 6th August, 2013. UFBU was also invited to this Convention and all our constituent unions particiapted in the same. A clarion call was given from the Convention to organise a massive morcha to Parliament on 12th December, 2013 to focus the following 10 point charter of demands:

 

  1. 1. Concrete measures to contain price rise
  2. 2. Concrete measures for employment generation,
  3. 3. Strict enforcement of labour laws,
  4. 4. Universal social security cover for organized and unorganized workers and creation of National Social Security Fund
  5. 5. Stoppage of disinvestment in Central and State PSUs / Undertakings,
  6. 6. No Contractorisation of work of permanent / perennial nature and payment of wages and benefits to the contract workers at the same rate as available to the regular workers of the industry / establishment.
  7. 7. Amendment of Minimum Wages Act to ensure universal coverage irrespective of the schedules and fixation of statutory minimum wage at not less than Rs.10, 000/- linked with cost price index.
  8. 8. Remove all ceilings on payment and eligibility of Bonus, Provident Fund; Increase the quantum of gratuity.

 

  1. 9. Assured Pension for all

10. Compulsory registration of trade unions within a period of 45 days and immediate ratification of the ILO Conventions Nos. 87 and 98

 

All these issues have arisen on account of the anti-labour and pro-employer policies of the Central Government. It is a matter of satisfaction that all the Central Trade Unions have come together on a single platform to fight agaisnt these policies and to achieve these demands. As UFBU, we also support all these demands as bank employees are placed no differently. Our demands for wage revision is not moving forward. There are also incesant attacks on the banking sector in the name of banking reforms. Hence, from the UFBU meeting held in Mumbai on 11th October, 2013, it was decided to call upon all our unions and members to take part in the Morcha to Palimanet on 12th December, 2013.”

 

We request all our members to make the Morcha a grand success.

With greetings,

 

Yours sincerely,

 

 

(K.K.NAIR)

GENERAL SECRETARY

 

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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CIRCULAR TO MEMBERS NO.24 OF 2013                                                                                                                                                      14th October 2013

 

Dear Members,

Re: Wage Revision - Meeting with IBA

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

Further to our circular No.23 dated 5th October 2013, we reproduce hereunder the text of a circular issued by UFBU after the meting with IBA

“Another round of bipartite discussions was held today in Mumbai between IBA and UFBU on our demands for wage revision. IBA was represented by its Core Committee led by Shri R K Dubey, CMD, Canara Bank and UFBU was represented by all the Nine Constituent Unions.

 

D.A. Formula: Revision of Dearness Allowance formula has been discussed at length since the CPI points under 1960-series are no longer compiled and published. The DA payable is being arrived at after duly converting the Consumer Price Index (CPI) points compiled under 2001-series. UFBU has impressed upon the need to switch over to CPI 2001-series for payment of DA and revision of DA on monthly basis. IBA said that they have to examine the matter in detail before responding.

 

Reimbursement of Hospitalisation Expenses: Management wanted to know the response of the UFBU on introduction of Medical Insurance Scheme. UFBU constituents after elaborate discussions among the unions decided to have improvements in the present scheme and have it in-house rather than switching over to insurance especially in view of the difficulties faced wherever the insurance scheme is in operation. Hence, UFBU conveyed to IBA its disinclination towards introduction of Medical Insurance Scheme in place of the existing scheme for Reimbursement of Hospitalisation Expenses. However, the IBA suggested that whatever difficulties that are being envisaged could be discussed and sorted out and requested the UFBU to consider its view point.

 

Compassionate Appointments: UFBU sought to know the developments in regard to Compassionate Appointments, since a long time has elapsed after sending recommendations of IBA on the Scheme to the Ministry of Finance, Government of India. IBA informed that the matter is still pending with the Government. UFBU exhorted upon the need to finalise the matter immediately as it has been lingering on for many years without any resolution.

 

Superannuation Cost: UFBU demanded that the cost on superannuation and welfare measures should not be included in the cost of wage revision. IBA said that they would examine the matter.

 

Five-day Week: UFBU has insisted for introduction of 5-day week in the banking industry for the reason that after introduction of technology, various alternate channels like ATMs, Net Banking, etc. are widely available and being utilized by the customers and hence, it would not cause any inconvenience. Besides it is a common and growing phenomenon globally to have 5-day week to ensure better quality of life. IBA assured to examine the matter.

 

Introduction of concepts of Cost-to-Company (CTC) and Variable Pay: UFBU has conveyed unequivocally its opposition for the introduction of concepts of CTC and Variable Pay in the banking industry.

 

Wage Revision of officers: Responding to the earlier stand taken by IBA to restrict negotiations in case of officers from Scale-I to Scale-III alone excluding officers from Scale-IV to VII, UFBU demanded that the negotiations should be held with the negotiating unions on wages and service conditions of all officers from Scale-I to Scale-VII as hitherto especially in view of the service conditions being common for all the categories and also to ensure relativity between the Scales.

 

Directions to work on Holidays declared under N.I. Act: Most of the holidays declared for festivals in various States under N.I. Act differ from State to State resulting in most of the festivals days would happen to be a working day in one State or the other. After introduction of Cheque Truncation System (CTS) on grid basis, since there is no common holiday in the respective States connected under any grid, bank employees and officers are forced to work on festival days foregoing the holiday as well as the traditional rituals to be performed on those festival days adversely affecting their sentiments and social obligations. UFBU exhorted the need to delink the operations of CTS of a particular State from the Grid on the day in which it is declared a holiday under N.I. Act to enable the employees to follow their customs and perform the rituals as per their religions.

 

Similarly, on other holidays/Sundays, the Banks are directed to keep open their branches quoting the reason of continuous holidays or for accepting the Government challenges/Tax payments. UFBU impressed upon IBA that in the present technological environment, with the availability of alternate channels like ATMs, Net Banking, etc. the necessity to keep open branches on holidays is obviated. Besides, it is becoming unproductive as the business that is being transacted is too low in relation to the expenditure being incurred by banks to work on a holiday.

 

IBA has appreciated the difficulties of the employees/officers and the reasons adduced by UFBU and assured to take up the matter with the authorities concerned.

 

Wage Revision and Increase in Wages: UFBU wanted to know the response of IBA on the wage load and the offer of IBA on wage increase. IBA expressed its inability to respond in the absence of mandate from the authorities concerned. UFBU expressed its concern in not holding the meetings on regular basis at frequent intervals and undue delay in the process of wage negotiations. UFBU expressed its dissatisfaction and insisted for expeditious wage settlement.

 

Comrades, since there is no satisfactory progress towards revision of wages and it is unduly delayed, the Constituents of UFBU decided to exhibit their dissatisfaction. UFBU has, accordingly, decided to express its dissatisfaction by conducting demonstrations throughout the country in all State Capitals and other Major Centres on 22nd October 2013 demanding expeditious wage settlement. We request all our units/members to conduct massive demonstrations at all these Centre and make it a thunderous success.

 

We also exhort upon our units and members to be in readiness for further agitations, including strike if need be, if there is no positive and expeditious response from the Government/IBA to settle the 10th Bipartite Wage Settlement at the earliest.”

Let us make the 22nd October 2013 demonstrations, mammoth.

With greetings,

Yours sincerely,

 

(K.K.NAIR)

GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

 

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CIRCULAR TO MEMBERS NO.23 OF 2013                                                                                                                                                           5th October 2013

 

Dear Members,

Re: 1) Wage Revision – Meeting on Charter of Demands

2) Overseas assignment – 2014 – Selection process

3) ESCORT for officers

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We wish to inform that the Core Group of IBA will hold a meeting with the representatives of Officers’ Associations and Workmen Unions on Friday 11th October 2013 in Mumbai to discuss Wage Revision for Bank employees. We shall advise you the outcome after the meeting.

Overseas assignment – 2014 – Selection process

 

Our Bank has commenced an exercise for selection of India Based Officers & India Based Trainee Officers up to MMG/Scale-IV for overseas assignment - 2014. Eligibility Criteria, positions sought to be filled up etc. are detailed by the Bank vide its circular No.BCC:BR:105/435 dated 3rd October 2013. Please note that the last date for submission of online applications will be 15th October 2013 (Up to 9.00 p.m.)

ESCORT for Officers

As you are aware we have advised you vide our circular No.10 of 2013 dated 4th September 2013, that the Bank has since agreed to revive the captioned scheme and would advise the required operational details. The Bank has now issued its circular No.BCC:BR:105:408 dated 19th September 2013 advising officers who wish to become members of the Scheme, to submit an Irrevocable Letter of Authority authorizing the Bank to deduct from salary Rs.10/- per officer who dies in harness. In addition officers have to submit the irrevocable authority online through employee self service module in HRMS/HRness.

 

We appeal to all officers, including Executives to submit the Irrevocable Letter of Authority as per the proformashown on the reverse and also online through self service module in HRMS/HRness. This gesture on your part will go a long way to render help to the needy dependent family members of our officers who have been snatched away from our midst by the cruel hands of death.

With greetings,

 

Yours sincerely,

 

 

 

(K.K. NAIR)

GENERAL SECRETARY

 

 

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 


 

 

 

IRREVOCABLE LETTER OF AUTHORITY

PROFORMA

 

The Branch Manager/Chief Manager

Bank of Baroda

___________________ Branch / Office

Dear Sir,

Re: Voluntary scheme for contribution at the rate of Rs.10/- per deceased officer towards compensation to the family of an officers who dies in harness.

I am willing to contribute under the aforesaid scheme and accordingly hereby authorize the Bank to deduct from my salary an amount of rs.10/- per Officer who dies in harness, as my contribution towards compensation to the family of the deceased officer. I also authorize the Bank, if for some reasons such deduction is not made from my salary for the relevant month, the said amount may be deducted from my salary in the next month.

I hereby declare that this authority shall not be revoked by me.

 

 

Yours faithfully,

Name :____________________________

EC No. :___________________________

Designation:________________________

Branch/Office:______________________

Place: ____________________________

Date:___________________________

 

 

 

 

 

 

 

 

 

 

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CIRCULAR TO MEMBERS NO.22 OF 2013                                                                                                                                                    24th September 2013

 

Dear Members,

 

A REPORT ON THE 58TH CENTRAL COMMITTEE MEETING HELD

AT ALAPPUZHA, KERALA FROM 9TH TO 11TH JUNE 2013

 

Alappuzha – the Venice of the East

 

Alappuzha, popularly known as Venice of the East, is considered to be the oldest planned town in Kerala. Raja Kesava Das (1745-1799), who later became the Army Chief ofTravancoreKingdom, was the chief architect of modern day Alappuzha. Situated along the Arabian coast and surrounded by backwater and canals, Alappuzha is famous for its picturesque tourist spots and is one of the famous tourist attractions in the whole country.

 

The 58th Central Committee Meeting of All India Bank of Baroda Officers’ Association was held at Pagoda Resorts, Alappuzha from 9th to 11th June 2013. The meeting, under the leadership and guidance of Shri K K Nair, the worthy General Secretary of the Association, witnessed a handful of events written in golden letters in the history of the Association.

 

The proceedings of the meeting were conducted in a professional and structured manner taking maximum advantage of the 3 days’ period from 9th to 11th June 2013. A team of senior leaders with the General Secretary Shri K K Nair at the helm and the leaders of the host, Tamilnadu and Kerala Zone as supporting hands managed the events systematically.

 

Inaugural Day – 9th June 2013

 

Registration: Delegates of 58th Central Committee Meeting comprised of the Zonal Secretaries, All India Office bearers and Central Committee Members registered themselves for the programme from 9.30 am onwards. A specially decorated elephant along with traditional ‘Panchavadyam’, a typical orchestra of 5 musical instruments assembled at the entrance of Pagoda Resorts to receive the distinguished guests.

 

Inauguration: Amidst festive ‘Panchavadyam’ and thundering applauses of the gathering, the Hon’ble dignitaries reached the venue by 11.00 am. Women members in traditional Kerala ‘Kasavu’ sarees offered the guests a warm welcome with lamps and flowers. General Secretary Shri K K Nair and the Zonal Secretaries greeted Shri S S Mundra, Bank’s Chairman and Managing Director, Shri S K Das, Chief General Manager (HRM), Shri V Sridharan, General Manager & Head of Tamilnadu and Kerala Zone, Shri S R Kamath, Dy. General Manager & Head of Kerala Region and other invitees and accompanied them to the stage.

 

INAUGURAL SESSION

 

The House unanimously decided to elect the Senior Central Committee Member Shri.A.N.Patil as the President. Besides the President and the Hon’ble guests, the dias of the colorfully decorated conference hall was occupied by our beloved General Secretary Shri K K Nair, the Director on Board of our Bank and Zonal Secretary (Maharashtra & Goa) Shri V B Chavan, Treasurer of the Association Shri Bharat More, Asstt. Secretary Shri Rama Murthy, Host Zone President Shri V Dinesh and Secretary Shri Virabadran.

 

The historic 58th Central Committee Meeting commenced with the introductory address by Shri Virabadran, the Secretary, TNK Zone. Shri Virabadran in his speech, briefly narrated the history of the Association and its commitment for the business growth of the Bank as also the welfare of officers community under the visionary leadership of its General Secretary Shri K K Nair.

 

General Secretary of the Association, Shri K K Nair offered floral welcome to the chief guest Shri S S Mundra and the other guests and invited them all for lighting the traditional lamp to mark the inauguration of the 58th Central Committee Meeting of the Association. Accepting the invitation, the Chairman and Managing Director of the Bank Shri S S Mundra lighted the traditional lamp and the other dignitaries joined him.

 

The General Secretary in his welcome address, recollected his association with Shri Mundra during his earlier innings in the Bank, before getting elevated as Executive Director of Union Bank of Indiaand shared our happiness on his homecoming as CMD of our Bank. As a responsible trade union practicing in letter and spirit the philosophy of ‘Grow with the Bank’, the Association is committed to fulfill the dream of CMD to take the Bank ‘Towards a Ten Trillion Bank’ by March 2014, the General Secretary added. Shri Nair expressed his gratitude to the CMD for the large number of promotions in various scales/grades that the Bank had released since the beginning of the current financial year. Shri K K Nair declared in the meeting that the Association will celebrate its Golden Jubilee Year from 12th September 2013.

 

General Secretary Shri K K Nair thanked the CMD Shri S S Mundra for accepting the invitation of the Association to inaugurate the Central Committee Meeting and address the gathering. He offered the CMD a warm welcome to the meeting. He also extended warm welcome to Shri S K Das, Chief General Manager (HRM), Shri V Sridharan, General Manager & Zonal Head (TN & K), Shri S R Kamath, Dy. Gen. Manager & Regional Head (Kerala), other invitees and participants of the meeting.

 

Shri S S Mundra, the Chairman and Managing Director of the Bank and the Chief Guest of the function at the outset thanked Shri K K Nair and the Association for inviting him for the Alappuzha Central Committee Meeting. AIBOBOA which follows the slogan ‘Grow with the Bank’ has taken up the responsibility of coaching its members for taking the mother Bank to reach greater heights and as such an exception to other trade union organizations. CMD complemented Shri K K Nair for leading the oldest officers’ organization in banking industry for the last several decades with his matured leadership. He also placed on record the constructive role played by Shri V B Chavan as the representative of the Association in the meetings of Bank’s Board of Directors.

 

Shri Mundra congratulated the officers’ community in the Bank for their dedication, hardworking and determination through which the Bank could bring in excellent results during the FY ended March 2013.Reiterating the ‘Employee First’ philosophy, the CMD wished the employees to adopt ‘Customer First’ motto. While the Bank bagged a handful of prestigious awards during the previous year, its journey from ‘Good to Great’ could be made possible only by understanding ‘where we go and what our vision is’, he reminded the members. The commendable contribution extended by the branch heads in business growth of the Bank was applauded by the CMD and he announced that a scheme for incentivizing branch heads was progressing under the direct supervision of Chief General Manager (HRM).

 

The CMD shared his concern on growing NPA, lacking quality credit growth and slow growth in CASA business. He stressed the need for strict KYC compliance and financial inclusion. Realizing that the need of the hour is to create knowledge bankers in the system, Bank had appointed a General Manager as Chief Learning Officer, the CMD added. Shri Mundra called upon the officers to follow ‘5 Ps’ viz, Process, Pricing, Promotion, Policy, People as mantras to take the Bank to greater heights. Further, Shri Mundra advised the members to accord top priority in CASA growth, NPA recovery, Credit expansion in Retail, Agriculture and MSME sectors as also in maintaining asset quality during the current year. CMD concluded his address conveying his whole-hearted greetings for the smooth conduct of the 58th Central Committee Meeting and he declared the meeting as inaugurated.

 

In response to the inspiring address delivered by the CMD, General Secretary assured full support of the Association in taking the Bank towards a Ten Trillion Bank by the end of next FY. General Secretary called upon the members to ensure consistent growth in Deposits and Advances by taking maximum advantage of the attractive and competitive features of our products. Shri Nair informed the CMD that an exclusive session was proposed during the course of meeting to discuss the strategies to be adopted for growth in CASA deposits, prevention and recovery of NPA, credit expansion and augmenting fee based income.

 

Shri Pooran Singh, Secretary (WUP & U Zone) proposed vote of thanks to the distinguished guests. The house thereafter adjourned for lunch.

 

POST LUNCH SESSION OF INAUGURAL DAY

 

The major event of the post lunch session of the first day was the address by Shri S K Das, Chief General Manager (HRM). Shri Das began his address with sincere gratitude to the Association for inviting him to attend the Central Committee Meeting. He thanked the Association for the excellent support extended by our Officers’ Association for creating peaceful and comfortable HR environment in the Bank. The CGM acknowledged the contribution of officers in elevating the Bank to the prime position in the industry and sought our continued cooperation for maintaining the position as also to transform the Bank into No. 1 in HR management. By presenting the statistics of promotions and recruitments that have taken place in the Bank in various cadres he stated that this trend would continue and adequate man power would be inducted in to the system in tune with the business growth so as to put an end to the hardship faced by the existing employees. Shri Das shared with the delegates the details of training programmes being implemented for grooming the employees and officers under SPARSH. Admitting the fact that the major reason for business loss is inconvenient postings of officers, he promised that the top management would finalize the transfer and promotion policies in consultation with the Association, so as to find a permanent solution. In the background of large number of retirements that will happen in near future, CGM called upon the members to prepare themselves for shouldering higher responsibilities for filling up the resultant vacancies.

 

Shri Das reiterated the need for proper KYC compliance in the Bank so as to get insulation for the Bank in general and the employees in particular from frauds. He suggested the Association to move ahead with ‘Vision 2020’ for benefiting the Bank and the Employees. Shri Das concluded his felicitation address by wishing all success for the Central Committee Meeting.

 

BUSINESS SESSION

 

Business session of the meeting commenced at 4.00 pm. Taking up the first item on Agenda the President Shri. A N Patil, called upon the General Secretary, Shri K K Nair to present the minutes of the previous Central Committee Meeting held on 10th and 11th March, 2012 at Surat.The General Secretary presented the minutes of the Central Committee Meeting held at Surat on 10th & 11th March,2012.After deliberations, the minutes were adopted by the house unanimously.

 

The President then took up the next agenda, “to review and discuss organisational matters since the last meeting and to take appropriate decisions”. The General Secretary apprised the House about various organisational developments since the last Central Committee Meeting, including growth of the organization, improved position on collection of membership, issues resolved etc. The house while appreciated the efforts put in by our Association to strengthen the organization further, also observed that the Bank had conducted promotion exercises in all cadres from Scale-I to Scale-VII during the review period and the chances for career elevations in the Bank have become bright. The mandatory rural and semi urban services should be completed by the Officers so as to satisfy the government guidelines in that regard. The meeting noted that the coaching classes and notes provided by the Association to the aspirants had been helpful for them to approach the promotion exercises confidently.

 

Detailed discussions took place on the recently amended Transfer Policy entered into between the management and our Association. The members appreciated the Policy with a loud applause. The General Secretary advised the Central Committee Members and Zonal Secretaries to expedite circulation of the booklet on Transfer Policy published by the Association, free of cost to each and every member, so as to enjoy its maximum benefits. The forum viewed that the new APAR system lack transparency and the same could be rectified by introducing a provision for Audit / Review and other measures such as right of appeal for the reviewee. The Treasurer Shri Bharat More presented the accounts for the years 2010-11 and 2011-12 which the house adopted unanimously.

 

Taking up the next agenda viz. “to review the current status of pending issues”, the General Secretary presented the status of issues pending with the Bank since the last structured meeting held on 19.7.2012.

 

Elaborate discussions were held in the meeting on revamping of Escorts scheme and the house urged the General Secretary to follow up the issue again with the management for early revival of the scheme. Likewise the house also desired early revival of structured meeting at Zonal level and Business Development meeting. Members also raised the issue regarding denial of officiating allowance to officers other than the branch heads on the basis of categorization norms and other entitlements such as denial of leave, shortage of manpower in the branches etc. The house desired to take up these issues once again. General Secretary stated that appropriate action has already been initiated on all these issues and efforts will be intensified. The House also desired early solution to Revival of Structured Meeting at Zonal level and Business Development Meeting.

 

General Secretary thereafter invited suggestions from the members on ‘Vision 2020’ as to how they propose to transform to cope up with the changing scenario. The strategies to educate the newly recruited officers must be formulated with special care, he added. Meeting discussed those issues in detail. Suggestions on the follow up action will be conveyed to the General Secretary for his doing the needful.

 

The General Secretary brought to the notice of the house that Association will be entering the Golden Jubilee Year on 12.9.2013.Detailed deliberations took place and the house unanimously decided to launch year long celebrations commencing from 12th September, 2013. A large number of Central Committee Members participated in the discussion.

 

At the end, the Zonal Secretaries shared their thoughts on the deliberations and submitted their views. Thereafter it was decided:

 

  • To celebrate Golden Jubilee of the Association in different parts of the country with variety of activities
  • To conduct in depth study on various aspects of the new APAR system by gathering views of members at grass root level and come out with suggestions to make the same, simple and transparent.
  • To conduct regular structured meetings at zonal/regional levels.
  • To streamline the communication system with the members and make it strong and effective.
  • To complete the fee collection by September 2013

 

With these, the President adjourned the house for the day.

 

BUSINESS SESSION CONTINUES ON SECOND DAY

 

The morning session of second day meeting started as per the schedule. The President advised General Secretary - Shri K K Nair to initiate discussions on agenda No:7 viz. “to discuss and initiate aggressive action plan for further qualitative growth of our Bank”. General Secretary initiated discussion on the agenda and advised that the house would be divided into 4 groups for conducting detailed discussions on the following important topics concerning the business development of the Bank.

 

 

  • Mobilization of CASA deposits
  • Credit off take in Agriculture and Retail segments
  • NPA recovery and prevention of slippage
  • Augmentation of fee based income

 

Accordingly, group discussions were held in an effective and fruitful manner under the supervision and guidance of Zonal Secretaries. Thereafter the team leaders submitted their views and recommendations to the panel of Zonal Secretaries. The Zonal Secretaries’ panel after scrutiny and value additions consolidated the observations into a report for onward submission to the management.

 

After tea break, the participants reassembled and discussed other issues. In reply to the issues raised, General Secretary made the following observations:

 

  • Apprehensions of the members on the new APAR system need to be addressed by conducting thorough study, particularly on account of its impact on promotion. Leadership of the Association has already taken up the issue seriously with the management and held discussions.
  • Instances of disciplinary actions against officers are growing and the concern of the officers in this regard have been taken up with the management
  • Officers on the verge of 59 years would be posted at their place of choice as per the provisions of the transfer policy
  • IT related issues like connectivity, hardware and other similar problems had been taken up with the top management and they assured that corrective actions would be taken to prevent such occurrences.

 

General Secretary reiterated the need for regular interaction with the DROs on an ongoing basis so as to bring them to the main stream and to develop confidence in them for building up a bright career in the bank. He also called upon the members to strengthen the organization by ensuring 100% of officers including DROs and Chief Managers become member of the Association. Programmes for Golden Jubilee celebrations of the Association must be held across the country in a befitting manner so as to make the celebrations a memorable one, he added.

 

General Secretary then proposed establishment of holiday homes in various parts of the country as a welfare activity for its members, which was applauded by the house. After detailed discussions, following Resolution was adopted unanimously:

“This 58th meeting of the Central Committee of All India Bank of Baroda Officers’ Association held at Alappuzha from 9th to 11th June, 2013 hereby RESOLVES to establish holiday homes in various parts of the country as a welfare activity for its members.

The Committee also considered in this context a Note dated 10th May, 2013 presented by the General Secretary for setting up a holiday home at Daman (UT). After detailed deliberations the Committee hereby RESOVES to set up a holiday home at Daman (UT). The meeting further RESOLVES to constitute a small committee consisting of General Secretary, three Zonal Secretaries of Gujarat State and one Zonal Committee member of South Gujarat Zone to deal with all matters pertaining to purchase of the property, its furnishing and other allied issues.

The meeting also RESOLVES to authorize the General Secretary to execute all the necessary documents for purchase of the property for the holiday home at Daman (UT) and authorize the President, General Secretary, Treasurer and Zonal Secretary of South Gujarat Zone to deal with all matters including mode of operation of the accounts standing in the name of holiday home at Daman (UT). The meeting also decided to open more holiday homes at Vrindavan (UP), Mahakaleshwar (MP) and other such tourist centres across the country. The house also RESOLVED to set up a Training Institution in Greater Mumbai Zone.”

While discussing Bank’s Welfare fund scheme, members opined that the Scheme needs improvement and a small committee of the Association was constituted to formulate recommendation on various welfare schemes under this fund. Elaborate discussions were held in the matter and the house empowered the small committee to submit the recommendations to the management and pursue the same. The General Secretary apprised the house that an amount of Rs.10 crore was transferred to the welfare fund during the previous year, as a result of the concerted efforts put in by the Association.

 

 

POST LUNCH SESSION OF SECOND DAY

 

 

The major attraction of the post lunch session of the second day of the Conference was the address to the house by Dr. G Sanjeeva Reddy Ex-MP, the Hon’ble President of INTUC – INBOC and Shri R Chandrasekharan, Kerala State INTUC President. The function began with the introductory remarks by Shri R K Chatterjee, Zonal Secretary (BOJ Zone). He recalled the wholehearted support extended by Dr. Reddy during the last wage revision settlement in banking industry. Expressing the deep gratitude of the Association to Dr. Reddy for making it convenient to grace the meeting with his valuable presence, he thanked Dr Reddy for extending his helping hand to UFBU as a whole and INBOC in particular for resolving various burning issues concerning bank employees. Shri Chatterjee also shared his happiness with Shri Chandrasekharan in having accepted the invitation and attended the meeting.

 

Shri K K Nair, General Secretary, wholeheartedly welcomed the Chief Guest Dr. Sanjeeva Reddy and Madam Reddy to the 58th Central Committee Meeting. He recollected the tiresome efforts put in by Dr. Reddy during the various stages in the wage revision discussions alongwith General Secretary that finally led to an excellent Settlement as also getting a second option to employees who did not opt for pension earlier, to join the pension Scheme. Shri Nair also extended warm welcome to Shri Chandrasekharan, State INTUC president to the Conference.

 

Shri R Chandrasekharan, Kerala State INTUC President in his address to the delegates remarked that the members assembled in the meeting were blessed with

the presence of Dr. Sanjeeva Reddy, who was the mastermind behind a number of welfare measures adopted by the Government during past several years, benefitting hundreds of thousands of workers and employees of the Country. He stated that Shri K K Nair has been a great negotiator in banking industry during the last few decades. Though INTUC as the trade union wing of ruling congress party intended to run its movements in close coordination with the Government, its negative attitudes on certain issues concerning workforce in the country necessitated resorting to agitation, he added. Shri Chandrasekharan condemned the anti-employee attitude of the Government and warned them of dire consequences if the same were continued. INTUC Kerala State President shared his seamless happiness in the Association for organizing its Central Committee Meeting in God’s own land, Kerala and wished the meeting all success.

 

Dr. G Sanjeeva Reddy expressed his great pleasure in attending the programme conducted in Alappuzha, a historically important city ofKerala. Dr. Reddy viewed that the Bank Employees in the country were passing through a crucial time on account of the wage revision talks that were going on with IBA and he implored various trade unions in the industry to shoulder higher responsibilities for achieving a good wage revision settlement. While showering confidence on Shri Nair as a strong negotiator capable to gain a reasonably good settlement, Dr. Reddy offered his unstinted support wherever needed. While the Government and IBA went back from the promises made during the earlier settlements and when the INBOC General Secretary Shri K K Nair sought support, there was no second thought to intervene in the matter. The meetings he had along with Shri Nair, with Finance Minister and Prime Minister finally paved the way in finalization of an enviable wage revision settlement, he added. INTUC President informed the members that he had already held preliminary discussions with other trade union leaders in the country to evolve a common strategy for the wage revision talks of Bank employees and officers.

 

In view of the large number of vacancies prevailing in various sectors and huge work load of existing employees, INTUC had proposed to the government to increase the retirement age to 65 years, Dr. Reddy stated. Bank nationalization in 1969 was a revolutionary decision by Late Smt. Indira Gandhi with a great vision for the economic and social development of the country. INTUC President condemned the recent decision of the present Government to re-open the banking industry to private sector by inviting application from large corporate houses for banking license. This would lead to unrest in banking industry and adverse impacts on the financial sector, he added. Dr. Reddy concluded his address, pleading the members to stand united under the able leadership of Shri K K Nair, for a good wage revision settlement and service conditions.

 

Shri V Dinesh, Zonal President of the host Zone, proposed vote of thanks to Dr. Sanjeeva Reddy, Madam Reddy and Shri R Chandrasekharan and the meeting adjourned for tea to meet again for discussion of other items in the agenda.

 

EVENING SESSION OF THE SECOND DAY

 

The President called the meeting to order, after a short tea break, to continue discussions on the remaining agenda items viz. “ to review the bipartite talks with IBA for wage revision and to consider management issues given by IBA for bipartite discussions.” To begin with, General Secretary reminded the members that the first and foremost issue concerning the bank men in the country is the wage revision. In order to create awareness amongst the members and to invite their suggestions, Association has brought out a booklet on the charter of demands submitted by INBOC. He informed the members that INBOC is the only constituent in UFBU that demanded parity in service conditions for officers in PSBs with State Bank of India. During the discussions we had earlier, IBA proposed to segregate officers into -2- groups, viz. Scale-I to Scale-III and Scale IV to Scale-VII and that, negotiations with the unions will be confined only in respect of officers in the 1st group. Further, IBA insisted to impose fixed and variable pay concepts as also CTC concept. This would complicate and delay the wage revision talks. Shri Nair informed the members that the UFBU rejected all these anti employee proposals. Members in one voice endorsed the stand of UFBU.

 

General Secretary further informed the members that our apex organization, INBOC has taken a firm stand on introduction of 5 day week, regulated working hours, restoration of compassionate recruitment, increase in retirement age to 65 years etc and that the organization would fight strongly at all levels for achieving these goals. The General Secretary also brought to the notice of the house that INTUC is holding its 30th plenary session in Raipur from 6th to 10th September,2013, where a large number of issues of the industrial working classes will be discussed.

 

The House also noted the successful trade union action programme launched by INTUC alongwith other central trade unions in February,2013. The proceedings on the 2nd day concluded and the house was adjourned for the next day.

 

VALEDICTORY SESSION

 

Yet another major event on the 3rd day of the Central Committee Meeting was the august presence of the Executive Director of the Bank Shri Ranjan Dhawan, who reached Alappuzha at the invitation of the Association to offer valedictory address. Zonal Manager (TN&K) Shri V Sridharan and the Regional Head (Kerala) Shri S R Kamath were also present in the function.

 

Valedictory session commenced with the welcome address by the General Secretary. Shri K K Nair conveyed warm greetings to the chief guest of the day, Shri Ranjan Dhawan, the Executive Director. He thanked the ED for making it convenient to visit Alappuzha for addresssing the members of the Central Committee. The General Secretary was confident that Shri Ranjan Dhawan with his vast experience in different areas of banking would play a lead role in taking the Bank to greater heights. While offering complete support of the Association in the endeavor of the top management for business development of the Bank and to retain the top position amongst the commercial banks, Shri Nair shared with the ED, the hardships faced by officers due to late sitting on all working days as also working on holidays and Sundays. Wherever such working of officers on holidays and Sundays are unavoidable, the same should be adequately compensated through monetary benefit as well as compensatory off, he added. Shri Nair offered a warm welcome to Shri Ranjan Dhawan, Shri V Sridharan and Shri S R Kamath to the meeting.

 

Shri Ranjan Dhawan in his valedictory address applauded the philosophy of the Association, ‘Grow with the Bank’, which had taken the Bank to an enviable second position among the commercial banks in the country after SBI. He informed the members that the shortage of staff in the bank and the consequential difficulties faced by the officers were being taken care of by the top management and the continuous process of new recruitment that was in full swing would bring proper solution for the same. During the current year bank had recruited 3500 clerks and an equal number of officers and this process would continue. Shri Dhawan informed the members that there are ample opportunities for the employees for career elevation and it would be possible for a clerk in the Bank to reach upto the level of CMD which is not available in any other industry than in banking. ED called upon the members to substantially increase the share of CASA deposit by exploiting the advantage of thrust given in promotion of alternate delivery channels. He advised the participants to create awareness among the officers to be more vigilant while discharging their duties and acquire proper product knowledge, which would go a long way to avoid hardships on account of slippage, NPA recovery, frauds, disciplinary action, vigilance enquiry etc. ED categorically stated that the Bank’s policy was to provide maximum comforts to officers and executives by accommodating them at convenient places so as to make them more productive. Before concluding his address, Shri Dhawan interacted with the members and gave clarifications on various queries raised by them.

 

In response to the thoughts shared by the ED, the General Secretary informed that the undue thrust given by the Bank in the past to sell third party products, particularly India First Life Insurance products, has adversely impacted the concentration for selling Bank’s own primary products. He appealed to the ED to pay adequate attention in ensuring transparency in performance review system, as the rating score is closely linked to the career aspiration of each officer. Shri Nair promised full support of officers for the business development of the Bank.

 

Shri Prem Makker, Zonal Secretary (NZ) proposed vote of thanks to the dignitaries.

 

CONCLUDING SESSION

 

The concluding session was held during the post lunch assembly on the third day. Officers, who served the Association in the capacity of Central Committee Members but now stepped down from the positions on account of their elevation as Chief Managers, were honored by the General Secretary. General Secretary greeted them all by offering shawls and thanked them profusely for their valuable contributions to the Association while holding the office. Shri Nair appreciated and congratulated members of the Zonal Committee (TN & Kerala) and Regional Committee of Kerala Region, for the excellent arrangements made during the meeting and making this meeting the most memorable Central Committee Meeting.

 

The President thereafter, declared the 58th Central Committee Meeting held at Alappuzha officially as concluded.

 

Keeping in mind the hope for a promising future and with full of glittering memories in heart, the participants of the 58th Central Committee Meeting of the Association bid good bye to the city of 5 ‘C’s – Coconuts, Coir, Canals, Country Boats & Culture – Alappuzha, in the God’s own land, Kerala.

 

With greetings,

 


 

 

Yours sincerely,

 

 

 

(K.K. NAIR)

GENERAL SECRETARY

 

 

 PLEAES CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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CIRCULAR TO MEMBERS NO. 21 OF 2013                                                                                                                                      12th September,2013

 

Dear Members,

Overtake those who have overtaken us

Let us plunge into action

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

 

We are happy to inform that Business Development Committee Meeting in vogue in our bank few years ago, now stands revived. The first meeting of the revived committee was held in BCC, Mumbai, on 11th September,2013.The meeting was attended by Shri S.S.Mundra, our bank’s Chairman & Managing Director,S/Shri P.Srinivas, Ranjan Dhawan & B.B.Joshi, Executive Directors, S/Shri S.K.Das Chief General Manager(HRM), Dr K.S. Rao, General Manager(SP & PB) & CIO, K.B.Gupta, Executive Secretary to CMD, J.Rajkumar,Dy..General Manager(HRM), P.K.Roy, Dy.General Manager(SP & PB), V.Prasad, Manger(PB) & Dr Chirag Bhatt, Manager(SP). The undersigned alongwith Shri R.K.Chatterjee, representing our Association and S/Shri Milind Nadkarni and Vineet Saxena, representing All India Bank of Baroda Employees’ Federation, S/Shri Amrit Lal and P.R.Thorat, representing All India Bank of Baroda Employees’ Co-ordination Committee, attended this meeting.

Shri S.K.Das, CGM(HRM), welcomed the participants aptly mentioning this meeting as an historic event revived after almost a decade to encourage wider participation of employee organizations in the development of business of the Bank. Subsequently, a presentation was made by Dr.K.S.Rao, GM (SP & PB) & CIO, giving a vivid business profile of our Bank during the last three years and emphasizing the immediate priorities.

CMD, in his opening address, expressed happiness for initiating the process of enhanced participation of employee organizations in the development of the bank. He drew the attention of the participants on five strategic priorities for the bank viz -

  • o Getting asset quality back on keel.
  • o Business growth with wider retail franchise- Assets and Liabilities.
  • o Differentiations through ADCs.
  • o Stepping up CCG- Control, Compliance & Governance.
  • o HR balancing and leveraging new and old.

 

CMD emphasized that while our bank is doing well on standalone basis, the pace of growth of peer banks happens to be ahead of our bank and it is a matter of concern.

While the business fundamentals over years are looking good, in some of the key parameters, other banks are gradually overtaking our bank putting further stiff challenges before all of us to grow in tandem with the peer banks and eventually overtake them to regain our leadership position.

CMD mentioned that during the year FY 2011, our bank progressed well but thereafter has been slowing down, especially in the area of resources deployment, resulting in the drop in NIM. Our bank’s domestic business growth has slowed down and we are gradually slipping as compared to a few large banks. This necessitates increasing CASA growth.

With huge customer base, our branches must utilize their relationship for cross-selling / up-selling to existing customers besides activating dormant accounts and canvassing retail loan products. On asset quality, the CMD said that NPA level in our Bank is a matter of serious concern. Comparing the performance of our Bank on asset quality and restructured accounts with other peer banks, the CMD emphasized the need for more concerted efforts for improving the overall asset quality with a greater involvement of employees at all levels. Thereafter, the CMD requested the participants to join in the interactive open house session.

The representatives of the three organisations of employees thanked CMD for the revival of the Business Development Committee. Sharing the concern expressed by the CMD on business growth, we proposed certain action points. Most important action points suggested by us are given hereunder:

1. The bank lost a lot of business during the last one year. We need to recapture it to improve our market share.

2. Identify stagnant, negative growth and loss making branches and revive these branches quickly so that momentum of growth can be accelerated.

3. Customer service must improve. Root cause analysis of complaints must be made, so as to frame appropriate guidelines to improve customer service.

4. Involve staff at all levels to mop up incremental rise in business.

5. Product awareness amongst employees must be ensured.Toward this, special training programmes be conducted.

6. Build team spirit at branch level and inculcate our bank’s culture and ethos in the mind of new staff members to build up strong relationship.

7. Identify a few branches in each area to canvass Government business to compete with other banks, not with our own branches.

8. Develop relationship for canvassing business from growing number of pensioners.

9. Give priority to retail business, improving asset quality, inculcating the habit of recovery of dues and refocusing attention towards quality of functioning of our branches.

 

 

10.Staff attached to Advances department must actively engage themselves in canvassing deposit accounts of borrowers and their family members.

11.Advances department officials need to scrutinise the Balance Sheet to identify whether the borrower is maintaining current account with other banks and if so, specific steps should be taken to ensure that all their operations are routed through our Bank and not with other banks.

12.Metro centres may have reached a level of saturation in housing loans. Therefore, we should look for alternate centres in the outskirts of metro and Tier: II Centres for canvassing housing loan accounts.

13.Large number of frauds take place in auto loan accounts and hence should be handled with additional care.

14.To enhance retail product selling, the bank need to give special thrust at rural area.

15.Staff should be engaged for cash recovery in NPA accounts. They need to be reimbursed expenses incurred for follow up.

16.The Bank should make available the list of all NPA accounts with limit up to Rs 5,00,000 to enable employees to put their concerted efforts.

17.Avoid slippage. The concerned officials must be vigilant and active for timely recovery of interest, loan installment etc.

18.A strict monitoring mechanism has to be put in place to obtain feedback, which would entail timely action at branch/region level and will reduce incidence of NPA besides preventing slippages.

19.Bank should open branches only on ground floor to enable physically challenged persons to visit branches.

20.Bank should also open more bio-metric ATMs for physically handicapped persons. Due publicity be given for this initiative.

21.Business Development Committee Meeting should be organized at Zonal level on a quarterly basis.

22.Branch meetings should be held at regular intervals to explain new schemes of the bank and to emphasize on management priorities and compliance requirements.

Shri Joshi, ED in his remark stated that for improving retail loan portfolio branches must resort to strong due diligence. Grass root functionaries must improve their product knowledge for effective marketing of products. He also emphasized the need for better credit monitoring for arresting slippages. Concurring with the views of the CMD, Shri P Srinivas, ED stated that one of the concerns of the bank is rising NPA level, especially, accounts below Rs 5 lacs. With a view to recover bank’s dues, the ED desired immediate need to improve personal contacts /visits to customers. Another concern is the low level of sensitivity towards compliance that needs to be improved by each employee at every level. The ED also felt that incidences of frauds are on rise and consequently amount of provision is also increasing. He felt that there is an urgent need to institutionalize the system of ‘Whistle blower’ at branch level as a preventive action.

In his concluding address, the CMD thanked the office bearers for their participation in the Business Development Meeting and specified the following action points:

  • o Recover dues from Small NPA account below Rs 5 lac.
  • o Revival of dormant accounts with balance of Rs 5000 and above.
  • o Deepening of existing deposit accounts, which were having substantial balances in the accounts but now have reduced operations.
  • o Canvass for taking over of home loan account with proper due diligence.

The meeting ended with vote of thanks by Shri Ranjan Dhawan, Executive Director, preceded by his statement on product awareness, need for canvassing debit cards for all active Savings Bank account holders and urgency for recovery of dues.

Friends, we must rise up as one man and make all efforts to recover dues in all NPA accounts below Rs.5 lacs, revive dormant accounts with balance of Rs.5000/- and above, increase the balances in the existing deposit accounts and increase home loan portfolio. We must take it as a challenge; commence vigorous campaigns and realise the business expectations of our Bank. Remember, Success comes only to those who dare and act. We have proved it in the past; let us prove it again. Let us plunge into action. Success shall abide by us.

With best wishes and greetings,

 

 

Yours sincerely,

 

(K.K.NAIR)

GENERAL SECRETARY

 

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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CIRCULAR TO MEMBERS NO. 20 OF 2013                                                                                                                                   12th September 2013

 

 

Dear Members,

Let us flag off the Golden Jubilee

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People rarely remember the credentials conferred or the money or reward earned. What they remember is the care that is bestowed on them and the genuine concern shown when in need. All India Bank of Baroda Officers’ Association has been the epitome of CARE and CONCERN steadfastly in its 50 years of glorious journey and yeoman services rendered to the officers’ community in our Bank. Friends, it is a proud moment for all of us officers, present and the past, in Bank of Baroda to flag off the golden jubilee of AIBOBOA on 12th September 2013.

The tall order of care and concern, struggle and sacrifice, conflict and participation and unflinching commitment not only to the officers’ cause but also to Bank’s growth have been the hallmark of our Association ever since the seed was sown by our Founder Late Shri K C Chokshi on 12th September 1964. When trade union movement in the banking sector to protect the rights of officers was not even an idea, it was this visionary who pioneered this movement and laid a strong foundation. Let us salute him on this auspicious day!

The seed so sown in Bombay took deep roots in Baroda and spread its branches all over the country. The growth of our Association was not a cake-walk and the path trodden was not littered with roses but was paved by sacrifices and sweat, shed by dare-devil activists over the years. It is their perseverance and strong faith in the cause that saw us sail through turbulent times and write every milestone of our illustrious history in red letters. It is our bounden duty to remember and thank those little recognized, yet zealously committed warriors on this day!

Young officers who have seen mostly the good times need to know and acknowledge that the fruits that we all savour today are not reaped with a magic wand but are the result of great struggles, sacrifices, skillful negotiations and continuous persuasion of issues in yester years. From salary revisions to perks, HRA, Residential accommodation, medical benefits to loans for every reason, PF to DROs from the day of joining to take over of educational loan of campus recruitees, the best of the industry is available to officers today, thanks to the Association.

Be it the Promotion Policy to meet the career aspirations of officers or the Transfer Policy to ensure family comfort, the stellar role of the Association cannot be forgotten. In its quest to financially support the bereaved families of officers, the organization even thought beyond to introduce a unique scheme of ESCORTS for officers. The pivotal role played by the Association in business growth of the Bank is also well recognized in the participative management practiced in the past and in revival of Business Development Committees in the present.

The history of the Association is strewn with achievements that have no parallel in the Bank Officers’ movement. We had our fair share of dilemmas and predicaments too. But we are fortunate to have tall leaders to steer us clear in such testing circumstances. One such leader is Shri Sanjeeva Reddy, President of INBOC and INTUC who has always lent his mighty shoulders in our support. We also received the best understanding and support from the successive leaders of our Bank, exemplifying the sagacity of our top management.

Our Association also has the unique distinction of remaining united as a single force for the past 50 years! We thank the entire officers’ community for their maturity of purpose, which is a rarity. We have yet another rare distinction of grooming industry leaders in our cradle. Many of our stalwarts have graduated to hold distinguished positions of Executive Director, Chairman & Managing Director and Deputy Governor of Reserve Bank of India and have contributed / continue to contribute significantly to the banking industry. We are proud of their association with our Association which will greatly motivate younger generation not only in their career but also in standing up for their rights.

Friends, on this momentous occasion when we look back with immense satisfaction at the tall achievements, let us stride ahead unflinchingly with the resolve to remain ever vigilant and enterprising in assiduously protecting our legitimate rights and passionately taking our Bank’s banner to new heights.

With greetings,

Yours sincerely,

 

(K.K.NAIR)

GENERAL SECRETARY

PLEAES CIRCULATE AMONGST OFFICER-COLLEAGUES

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CIRCULAR TO MEMBERS NO. 19 OF 2013 4th September, 2013

 

Dear Members,

Re: ESCORT for Officers –Bank agrees to revive the Scheme.

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We are extremely happy to inform that our Bank has now agreed to revive the ESCORT for Officers, a Scheme launched by our Association keeping in mind the philosophy, “The greatest consolation for the loss of dead is found in the thinking of the living left behind”. We are grateful to Shri S.S.Mundra, the Chairman & Managing Director and his Top Management Team for favourably considering this long felt need with compassion.

As one would recall, our Association launched the above Scheme in 1995 in the background of death of officers in harness and the resultant devastation caused to their families. Friends, our Association always eager to provide some succour to the members of the bereaved families, decided to introduce this Scheme. Under this Scheme, all officers including those in Executive cadre in our Bank, will contribute Rs.10/- when an officer dies while in service. The Management will extend the administrative support required in this regard. The Scheme got implemented successfully, thanks to the overwhelming support provided by all officers. ESCORT for officers earned a lot of good will and appreciation from the dependent family members of the deceased officers.

 

However, during the past few years the Scheme was required to be kept in abeyance pending certain clarifications and requirements. We are glad that the Scheme has now been revived and will be put in operation through issuance of operational details by our Bank. We appeal to all officers including Executives to extend full support to this Scheme and provide financial help to dependent family members of the officers who have been snatched away from our midst by the cruel hands of death.

 

With greetings,

 

Yours Sincerely,

(K.K.NAIR)

GENERAL SECRETARY

PLEAES CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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CIRCULAR TO MEMBERS NO. 18 OF 2013 13th August,2013

Dear Members,

1) Appointment of Shri B.B. Joshi as Executive Director

2) Wage Revision – Bipartite Discussions with IBA

3) Exercise for Promotion from Clerical to Officer’s cadre: JM G/S:I

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We are happy to inform that Govt.of India vide Notification F.No.4/5/2012-BO.I dated 5th August, 2013 has appointed Shri B.B.Joshi as Executive Director of our Bank. Shri Joshi has taken over the charge as Executive Director of our Bank on 5th August,2013. We convey our hearty congratulations and best wishes to Shri Joshi. A team of our representatives called on the new Executive Director, welcomed and conveyed the greetings of our Association as soon as he reached Mumbai. We also take this opportunity to bid a warm farewell to Shri S.K.Jain, the immediate previous Executive Director who relinquished the office on his appointment as the Chairman and Managing Director of Syndicate Bank. We congratulate and wish all success to Shri Jain, Chairman & Managing Director, Syndicate Bank.

Wage Revision – Bipartite Discussions with IBA

UFBU had another round of Bipartite discussions with IBA yesterday, the 12th August,2013. Emphasising the need for IBA to expedite and conclude the settlement in a time bound manner, UFBU wanted IBA to react and respond to the issues such as Date of effect, Merger of Dearness Allowance, Increase in wage load etc. We are happy to report that the first two issues now stand resolved. Details are as under:

Date of effect: In response, the IBA agreed that the new wage settlement would be effective from 1st November, 2012, i.e. the date from which the 10th Bipartite Settlement is due.

Merger of DA for constructing revised Pay Scales: IBA explained their constraints to consider merger of Dearness Allowance at higher index points. After prolonged discussions and on the insistence of the UFBU for merger of D.A at a higher level to enable construction of Pay Scales in a reasonable manner looking to the Pay Scales of employees and officers in comparable sectors, IBA agreed and conceded to merge Dearness Allowance upto 4440 Consumer Price Index i.e. 401 slabs and construct new pay scales accordingly.

 

Increase in wage load: On the offer of the wage load increase, IBA wanted to study the cost impact of the merger before responding. However, the UFBU reiterated its demand that the offer should be exclusive of superannuation cost and improvements in other welfare measures. IBA indicated that the same would be kept in mind by them.

Reimbursement of Hospitalisation Expenses: To our demand for 100% reimbursement of hospitalisation expenses incurred by the employees/officers for self and eligible family members, IBA offered introduction of mediclaim policy facility under which hospitalisation expenses would be reimbursed by the insurance company upto Rs. 4 lacs for officers, Rs.3 lacs for clerical staff and Rs.2 lacs to substaff per year. Looking to the various implications of switching over to the new scheme and the need to examine the pros and cons of the scheme, we said that a detailed study is required on the contents of the scheme offered before responding.

Management’s issues: The management’s issues like introduction of cost to company method, Fixed Pay and Variable Pay concept and restricting wage revision upto Scale:III officers, were discussed and UFBU has given its strong views against the same. We need to pursue these issues further.

Compassionate ground appointment Scheme: Another vital issue, much dearer to all the bank employees, which is relentlessly being pursued by UFBU, is restoration of compassionate appointments in the Banking Industry. IBA informed us in today's meeting that its recommendations for introduction of compassionate appointment scheme on similar lines prevailing in Central Government for its employees has been sent to Ministry of Finance, Govt. of India for its approval. No doubt, it is an important step in the direction of restoring compassionate appointments in the Banking Industry which is a long pending demand. While thanking the IBA for the positive step taken in this direction, we earnestly hope that the Government would accord its approval at the earliest.

Friends, in today’s discussions, we could arrive at conclusion on two vital issues i.e. date of effect and merger of dearness allowance. We thank the team of the Negotiating Committee of IBA for this forward movement in the discussions.We are awaiting the date for the next round of discussions.

Exercise for Promotion from Clerical to Officer’s cadre: JM G/S:I

As you are aware, our Bank has commenced an exercise for promotion from clerical cadre to officer’s cadre, Grade/Scale:I. The written test for this will be held on 6.10.2013. The Association will conduct coaching classes in various centres across the Zones for the benefit of candidates appearing for the Written Test. Respective Zonal Secretaries will advise the details. Meanwhile, we request our members to bring this to the notice of candidates from your area.

With Independence Day Greetings,

Yours sincerely,

 

(K.KNAIR)

GENERAL SECRETARY

 

PLEAES CIRCULATE AMONGST OFFICER-COLLEAGUES

 

 

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CIRCULAR TO MEMBERS NO.17 OF 2013                                                                                                                                    10th August, 2013

 

Dear Members,

 

Re: UFBU meets Shri P. Chidambaram,

Hon’ble Finance Minister, Govt. of India, New Delhi.

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Further to our Circular No. of 2013 dated 10th July, 2013, we are happy to report that a delegation of UFBU consisting all constituents met Shri P. Chidambaram, Hon’ble Finance Minister, Govt. of India, New Delhi on 6th August, 2013 and submitted a detailed memorandum covering various issues. The Hon’ble Finance Minister after going through our Memorandum thoroughly responded that he would advise IBA to conclude the Wage Revision and issues connected with it expeditiously. The Hon’ble Finance Minister also stated that issues involving policy matters will be looked into by the Ministry. The text of the Memorandum submitted to the Hon’ble Finance Minister is reproduced hereunder:

“Shri. P. Chidambaram,

Hon. Minister for Finance

Government of India

New Delhi.

Dear Sir,

“First of all, we thank you for sparing your valuable time to meet our delegation today amidst your busy schedule of work and engagements.

At the outset, we convey our heartfelt condolences on your recent bereavement over the demise of your beloved mother.

On behalf of the United Forum of Bank Unions, the umbrella platform consisting of 9 trade unions in the banking sector and representing about one million employees and officers, we submit the following memorandum to you for your kind attention, positive consideration and favourable dispensation.

We wish to draw your attention to some of our own important issues and demands which we feel need your intervention as well certain broader policy matters which are of concern to us.

 

1. Compassionate ground appointment scheme in Banks :

For the past more than ten years, the scheme on compassionate ground appointments to the widow or an eligible family member on the death of an employee or officer that was in vogue in the Banks as per Government guidelines since 1978 has been negated and an unilateral financial compensation scheme has been implemented. With your intervention, the family of employees who die while in performance of duty due to dacoity, robbery, etc. and those who die within 5 years of joining the Bank are alone considered for compassionate employment. Your suggestion that compassionate appointments may be considered upto a prescribed ratio against vacancies and recruitments in an year remains unconsidered so far by the managements.

In the meantime, in the wake of large scale retirements, recruitments are taking place in the Banks. The instances of death while in service has also dwindled and is very sparse. Hence it would not be difficult for the Banks to restore and extend compassionate ground appointments on the unfortunate death of an employee or officer while in service. Moreover, these jobs are given only if the compassionate appointee has the required and prescribed educational qualification. Hence any apprehension on dilution of efficiency or quality will also be misplaced.

In view of the above, we have submitted and represented to the Indian Banks’ Association to extend the compassionate ground appointment scheme as is available for the Government employees to the banking sector.

The issue needs sympathetic and expeditious consideration as the same is hanging for the past one decade. We seek your personal attention and intervention in the matter to advice the IBA accordingly.

2. Wage revision for employees and officers in the Banks:

The last wage pact in the Banks expired in October, 2012 and hence we have submitted fresh charter of demands for revision of wages and service conditions. More than nine months have elapsed but except some preliminary discussions, no serious negotiations have been held by the IBA on our demands. This is causing lot of concern and anxiety amongst the banking staff and hence there is need to expedite the negotiations with more meaningful and serious discussions on our demands to enable early conclusion of the revised wage settlement.

Here also, we seek your intervention and request you to advice the IBA to speed up the negotiations for early wage revision in the Banking industry.

3. Introduction of 5 Day Banking:

It is not only the Central and State Government ministries and departments but even the Reserve Bank of India, LIC, etc. are following the 5 Day working. Already in the banking sector, with the advent of technology based services, proliferation ATMs, internet banking system, etc., the delivery channels for customer services in the Banks have multiplied and manifolded and hence it is possible to introduce 5 Day Banking with suitable adjustments in the total working hours per week.

Our representations to the IBA have not yielded or evoked any positive response and hence we request you to bestow your kind attention to this genuine requirement and expectations of the bank employees and officers.

4. Grievances of the Bank retirees:

We gladly recall our meeting with you on 19-2-2008 when we submitted to you about the need to extend another option to the bank employees to join the pension scheme. At your intervention, not only the two days strike on 25/26 February, 2008 was averted but through mutual discussions with the IBA, a Settlement could also be arrived at by which the remaining employees have been extended another opportunity to join the pension scheme. We are thankful to you for the same.

However, there have been quite a few grievances of the bank retirees that are still pending consideration by the IBA and the Government.

a) Pre- 1986 Retirees: Those who retired from the Banks prior to 1986 are being paid an Ex-Gratia of Rs. 300 per month and the spouse of such retirees when they die are paid a lumpsum of Rs. 1000 per month. These amounts were fixed 15 years ago and hence there has been a very genuine expectation to revise this ex-gratia amount paid to them. The total number of pre-1986 retirees is very less in the entire banking sector and hence the revision in their Ex-gratia would hardly cost anything substantial to the Banks. We request you to consider this most genuine representation sympathetically.

 

b) Revision in Family Pension: The rates of Family Pension fixed in the Banks’ Pension Regulations in 1995 at 15% to 30% with applicable ceilings has been found to be inadequate in view of the high cost of living and a suitable revision in the rate of Family Pension is a dire necessity.

 

c) Periodical updation/revision of pension: In the case of Government employees pension scheme, the pension gets updated and revised on occasions of every wage revision but even though the Bank pension Scheme is on the lines of the Government pension scheme, our pension does not undergo any revision than what is fixed at the time of retirement. There is a case of periodical updation of pension for the retirees in the banking sector also.

 

d) Uniform DA on Pension: In the banking sector, earlier Dearness Allowance was paid on a tapering basis and hence the Pension also attracted DA on the same basis. However, from November, 2002, the DA is being paid to all the employees/officers with 100% neutralization against inflation as in the case of the Government employees. While the post-Nov. 2002 retirees are paid DA on pension at 100% neutralization, the pre-Nov.2002 retirees are being denied the same. There is a need to make the DA rate on pension uniform for all retirees.

 

e) Staff Welfare Schemes : As per the government guidelines, 3% of the published net profits of the Banks are earmarked for extending some welfare schemes for the employees including the retirees. While the guidelines mentions that a portion of the allocated amount be utilised for extending some benefits like medical scheme, etc, for the retirees, a need is being felt to give a uniform guidelines for apportionment from the fund towards retirees’ schemes. A suitable guidelines may be issued to the Banks in this regard to adopt a uniform percentage of the funds to be allocated for the welfare schemes pertaining to the retirees.

5. Industrial Relations in State Bank of India:

For the past almost one year, the industrial relations situation in State Bank of India, especially relating to the officers, has not been cordial, rather it is highly vitiated due to some of the standpoints and attitude of the top management of the Bank. Basic trade union rights are being denied and vindictive actions are being pursued. This has resulted in demoralization of the workforce in SBI and there is need to restore cordial industrial relations in the Bank and sorting out the issues through mutual discussions.

 

We seek your kind intervention in the matter in the larger interest of industrial harmony in the banking sector since SBI happens to be the flagship banking institution in our country.

6. Proposals of SBI management to merge Associate Banks :

It is observed that the SBI management is proposing to merge the 5 Associate Banks with it in the name of consolidation. It is needless to inform you that these Associate Banks have their own historical and geographical evolution and have been playing a very leading role in the economic development of the concerned States. Their performances have been impressive and consistent. In fact, we feel that de-linking them from SBI and making them independent Banks will enable them to grow faster and better. There are also reports that the merger of these Associate Banks will add to the financial burden of SBI at a time when SBI itself needs to become more stronger in the wake of challenges like higher levels of bad loans, etc. Hence we strongly feel that merger of the Associate Banks with the SBI would be unwarranted and avoidable.

7. Proposals of RBI to permit corporates and business houses to start their own Banks:

The decision and proposal of the Reserve Bank of India to permit the various big corporate houses and business houses to start their own Banks, according to us, would, in the name of competition, result in multiple challenges to the banking system and also wrought with undue risks since the track record of various private business

houses running banking institutions in the past has not been appreciable. At a time when the Government’s priority is to ensure total financial inclusion, these proposals

 

would only divert the entire attention of the public sector banks who are already working under various constrains and challenges.

On the other hand, we strongly feel that the RBI must be advised to ensure that the public sector banks are further strengthened and expanded in order to achieve the objectives of bank nationalisation, a water-shed decision taken by then Government in

1969 under the bold initiative of Smt. Indira Gandhi. We request the Government to take a serious note of our concerns and viewpoints in this regard.”

Thanking you,

Sd..                           Sd..                        Sd..

(AIBOC)                (NCBE)               (AIBEA)

 

Sd..                       Sd..                      Sd..

  (AIBOA)                 (BEFI)                        (INBEF)

 

Sd..                           Sd..                  Sd..

(INBOC)                    (NOBW)                (NOBO)

 

With greetings,

Yours sincerely,

 

(K.K. NAIR)

GENERAL SECRETARY

 

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

 

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CIRCULAR TO MEMBERS NO.16 OF 2013                                                                                                                                       23rd July 2013

 

Dear Members,

Re: (1) Scheme of Demand Loan / Personal Loan

(2) Acceptance of Jobs in Pvt.Sector Concerns after Retirement

-------o0o------- 

 

We are happy to inform that the bank has now agreed to review the scheme of Demand Loan/Personal Loan, available to employees who have not availed Staff Overdraft facility. Details of the reviewed Schemes are as under:

Scheme of Demand Loan (A) :

Purpose : For Marriage (self, son, daughter, dependant sister)

Eligibility : All employees who joined the Bank prior to 01.04.1994.

Limit : 15 times of Basic Pay + Spl.Pay or Rs.3.00 lacs, whichever is less.

Rate of Interest: Upto Rs.12000/- - 11%

Above Rs.12000/- - Simple Int. @ 1.25% above base rate.

Scheme of Demand Loan (B) :

Purpose :For Religious/cultural ceremonies such as Mundan, Annaprasan, Rice feeding, Bismillah, sunnat, death ceremony of dependants, Thread ceremony, Vastu Pooja, Ear Boring, naming ceremony, Srimant ceremony, any other social obligation as per discretion of the Bank.

Eligibility : All employees who joined the Bank prior to 01.04.1994.

Limit : 6 times Basic Pay + Special pay or Rs.1,00,000 whichever is less.

Rate of Interest: Upto Rs.6000/- - 11%

Above Rs.6000/- - Simple Int. @ 1.25% above base rate.

All other conditions of the existing scheme of the said loan scheme will remain unchanged.

Scheme of Personal Loan (A) :

Purpose :For purchase of Consumer Durables such as TV, Refrigerator, Washing Machine, Home Theatre, Air Conditioners, other Electric / Electronic Consumer Durables except lamps / fittings / utensils / fixed furnitures.

Eligibility : All employees who joined the Bank prior to 01.04.1991.

Limit : 90% of the cost of the articles or Rs.1,00,000/- whichever is less.

Rate of Interest: 11% p.a. simple

Scheme of Personal Loan (B) :

Purpose :For purchase of Consumer Durables such as TV, Refrigerator, Washing Machine, Home Theatre, Air Conditioners, other Electric / Electronic Consumer Durables except lamps / fittings / utensils / fixed furnitures.

OR

For meeting expenses on marriage of self / children / dependant Sister, etc.

OR

For meeting expenses for other religious / social obligations as per Discretion of the Bank.

Eligibility :Confirmed employees having 3 years service in the Bank who have Joined the Bank on or after 01.04.1991.

Limit A) 90% of cost of the Consumer Durable or Rs.1.00 lac, whichever is less.

B) 90% of the expenses on marriage/any other social / religious

Obligations or Rs.1.00 lac whichever is less.

 

Rate of Interest: Simple interest @ 1.25% above Base Rate.

All other existing terms and conditions of the scheme of Personal Loan will remain unchanged.

 

Acceptance of Jobs in Pvt.Sector Concerns after Retirement

As you are aware in respect of Central Government Employees the time limit for taking up commercial employment after the retirement was reduced from 02 years to 01 year. However this amendment was not made for employees in Banks. On behalf of Banks, IBA approached Govt. for appropriate amendments in the concerned Regulations to bring the period at par with Central Government Employees and make it 01 year. We wish to inform that Govt. and RBI have since given their consent for the said amendments. We are happy to advise that our Bank has adopted the above amendment and retired employees can now accept jobs in Pvt. Sectors one year after their retirement.

With Greetings,

 

Yours sincerely,

 

( K.K.NAIR)

GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEASGUES



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CIRCULAR TO MEMBERS NO.15 OF 2013                                                                                                                                         12th July 2013

 

Dear Members,

 

Re: New Banking License Policy – UFBU Resolution

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Further to our circular No.14 of 2013 dated 10th July 2013 we reproduce hereunder the text of a Resolution passed by UFBU on the New Banking License Policy and forwarded to the Hon’ble Finance Minister, Govt. of India and the Governor, Reserve Bank of India for your information. In this context, we call upon all our members to observe ‘ALL INDIA DAY’ scheduled on 19th July 2013 in coordination with the local chapter of UFBU and make this programme aimed to build up appropriate awareness of the issues involved, successful.

“Ever since India became Independent in 1947, the main focus of the entire economic process has been growth, development and progress in order to overcome the backwardness suffered by the Country for more than a century at the hands of British imperialism. It was expected that the Banks which were then in the hands of private entities and industrial/business houses who were able to mobilize the precious savings of the people would come forward to play positive role in the process of economic development. However, this was not forthcoming unfortunately in matching to the massive requirements.

In this background, as per the recommendations of All India Rural Economic Survey Commission, the then Imperial Bank of India was nationalized and converted as State Bank of India in the year 1955, as a designated Financial Institution to spread Banking in the countryside and to play a leading role in economic development and poverty alleviation. This was a very important step in the right direction paving way for Public Sector Banking.

Since SBI alone could not meet the challenging requirements, the need arose to consider the Nationalization of Major Private Banks in our country. In a watershed decision in the modern history of India, on 19th July 1969, 14 Major Banks were nationalized followed by another 6 Banks on 20th April 1980. Thus Public Sector Banking had become the main vehicle for economic development in the country.

In the last more than five decades, the Public Sector Banks have played a great role in transforming Class Banking to Mass Banking and in ameliorating the economic condition of the masses. In terms of out-reach, branch network, resource mobilization, credit delivery, particularly to the neglected segment of the economy, Public Sector Banks have become flagship of the country and have played their unparalled role.

While so, in the present context of further needs of our economy and to achieve the objectives of total financial inclusion and better improvement in the economic standards of the people, the Public Sector Banks are expected to play a much longer and expanded role. But the meeting regrets to note that in the name of the new economic measures, Public Sector Banks have become the target and their role is being denigrated and relegated while at the same time, the Private Sector Banks are being boosted and encouraged even though their past role had never been positive.

If today India can be proud of green revolution, white revolution, rural development, poverty alleviation, infrastructure development, employment generation etc., these are attributable, to a great extent, to the bold steps taken by the then Prime Minister late Smt. Indira Gandhi. Public Sector Banks became the engines of growth and development.

Similarly, even in the last one decade, when the whole world including the developed economies like USA came under stress, turmoil and virtual bankruptcy due to the financial sector crisis, India could hold its head high. Thanks to the strong and vibrant public sector character of banking, our Indian economy could withstand all the shocks and manage to steer clear. In such a context, UFBU is of the considered opinion that Public Sector Banks should be further strengthened and expanded to play their pioneering role to meet the present day challenges to our economy. Public Sector Banks should become further effective vehicles of growth and progress. But UFBU regrets and deplores to take note that efforts are afoot to liberalise the Banking Sector by allowing the private corporate, industrial and business houses to float their own banks in the garb of New Licensing Policy.

In terms of the RBI guidelines, such private entities with just Rs.500 crores would be able to enter banking business. Everyone is already aware how these private corporate sectors are responsible for accumulation of wealth in the hands of a few and at the cost of deprivation of the vast masses even of their economic survival and sustenance.

In the entire world, the mix up of business and banking had been an unsuccessful model. Our Nation also had been a witness to the questionable role of the various private sector banks which ultimately forced the Government to initiate remedial measures including closer of one Bank. But the meeting is concerned that the RBI and the Government are trying to hurry up the process of opening up the banking sector to all types of private interests including foreign direct investors.

The meeting takes a strong exception to these uncalled for measures which will put into jeopardy the contributions of the Public Sector Banks and would amount to drifting away from the goals and objectives of Bank Nationalisation resorted by late Smt. Indira Gandhi. What the country needs today is strengthening of the Public Sector Banking with further social orientation, rather than encouraging the profit oriented Private Sector Banking.

The meeting earnestly expects and exhorts the Government of India to revisit and reconsider the policy of banking sector liberalization.

The meeting simultaneously calls upon all the Bank Employees in Public Sector Banks under the banner of United Forum of Bank Unions to build up a national campaign on these issues. Public Sector Banks are Nation Building Institutions and this life line to Indian Economy must be protected at any cost.”

With greetings,

 

Yours sincerely,

 

(K.K.NAIR)

GENERAL SECRETARY

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CIRCULAR TO MEMBERS NO.14 OF 2013 10th July 2013

 

Dear Members,

We refer to our circular No.11 of 2013 dated 28th June 2013 informing you that a meeting of UFBU will be held at Chennai on 4th July 2013. The said meeting was held as scheduled. We reproduce hereunder the text of a circular issued by the Convenor of UFBU after the meeting.

 

With greetings,

 

Yours sincerely,

 

(K.K.NAIR)

GENERAL SECRETARY

------------------------------------------------------------------------------------------------------------------

“UFBU MEETING ON 4th JULY 2013

 

UFBU Meeting was held on 4th July 2013 in Chennai under the chairmanship of Com. Vinil Saxena, President, National Confederation of Bank Employees (NCBE). The meeting deliberated at length, apart from the issues being confronted by the bank employees and officers, the developments at national level and its likely impact on Banking Industry.

It was noted with serious concern the delay in wage revision negotiations and the lack of seriousness on the part of Indian Banks’ Association (IBA) in taking up the issues raised by the Unions in the Common Charter of Demands. Despite three rounds of discussions held between IBA and the representatives of UFBU on different dates, the progress is sluggish. The meeting decided to impress upon IBA to have serious and meaningful negotiations on the issues with an intention to have an early conclusion to the wage settlement.

The UFBU has expressed its equal concern at alarmingly growing NPAs affecting the Bank’s profitability. It is also felt that the lackadaisical attitude and ill-conceived policies apart from the economic recession, are the main contributors for the growing NPAs for which the Bank employees cannot be held responsible. The meeting also expressed its concern over the manner in which various concessions are being extended to willful defaulters despite their having capacity to repay the loans.

The meeting deliberated at length about the New Banks Licensing Policy aimed to favour the corporate and business houses. The meeting also noted with concern that many of these applicants do not have any background of Banking and Finance. It was decided to take up the issue once again with the authorities concerned and demanding review and reconsideration of their decision in encouraging Private Sector Banks by the corporate houses. It was also decided to reach the masses and campaign to bring awareness about the dangers lurked in the form of Private Banks.

The meeting deplored the moves of the Government for merger of Banks more particularly the merger of Associate Banks with SBI which is widely in circulation and decided to oppose any such move. The meeting also highly deplored the manner in which the outsourcings of regular and perennial banking jobs are being resorted to unabatedly ignoring the subsisting Settlements / Understandings.

 

United Forum of Bank Unions

After elaborate deliberations the UFBU has drawn the following action programme:

- Delegation of UFBU representatives to the President of India, Finance Minister and Governor of Reserve Bank of India.

- Meeting the Parliamentary Standing Committee on Finance and to present our views.

- To Co-ordinate with Central Trade Unions and elicit their support.

- To pass a resolution opposing New Banks Licensing Policy and submit the same to Finance Minister, Government of India and Governor of RBI.

- To observe “ALL INDIA DAY” on 19th July 2013 by conducting rallies, seminars, processions and campaign meetings in all State Capitals / Other Centres.

Further, expressing its concern, the UFBU adopted a resolution extending fraternal support to the workers of Neyveli Lignite Corporation, who have launched agitation and strike action opposing disinvestment.

The UFBU also noted with concern the mushrooming growth of ponzy Chit Fund Companies which are cheating the Public, particularly middle class and lower middle class resulting in suicides and passed resolution condemning the failure of the Government in arresting the growth of such unscrupulous Chit Fund Companies.

MEETING WITH RETIREES / PENSIONERS ORGANISATIONS:

An informal meeting with the representatives of the various Retirees / Pensioners Organisations was held in order to understand their viewpoints on the various issues and demands concerning the retired employees. After hearing their views, the UFBU assured them that all their concerns will be duly addressed by the UFBU during the wage revision exercise.

ELECTION OF NEW CONVENOR AND CHAIRMAN OF UFBU

To have a better cohesiveness and co-ordination, it was decided in the meeting to introduce a position of Chairman of UFBU apart from Convenor and Com. K K Nair, General Secretary of Indian National Bank Officers’ Congress (INBOC) was unanimously elected as Chairman of UFBU.

Consequent to retirement on superannuation of Com. P K Sarkar, Convenor, the representatives of UFBU unanimously elected Com. M V Murali, General Secretary, NCBE as the new Convenor of UFBU.

The meeting ended with passing of resolution appreciating the excellent services rendered by Com. P K Sarkar as Convenor of UFBU.”

 

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CIRCULAR TO MEMBERS NO.13 OF 2013                                                                                                                                                         5th July 2013

 

Dear Members,

 

Re: Our beloved leader Shri K.K.Nair conferred Chairmanship of UFBU

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

 

We are very happy to inform that UFBU in its meeting held at Chennai on 4th July 2013 unanimously conferred the distinction of Chairmanship of United forum of Bank Unions on Shri Nair. It is a red letter day in the history of Indian National Bank Officers’ Congress and All India Bank of Baroda Officers’ Association.

 

We convey our gratitude to UFBU leaders for their unanimous and wise decision to hand over the leadership to a person of proven mettle. Shri Nair as the General Secretary of INBOC and active constituent of UFBU, is one of the most experienced and capable leader to guide the destiny of Bankmen. He has played a stellar role right from formation of UFBU in 1997 which was an innovative concept of Umbrella organization for the Bank Unions. Shri Nair being a visionary leader has played a very important role in UFBU which has kept the Bank Employees Organizations in good stead braving many odds coming in its way in the last 16 years with singular objective of protecting and promoting the interest of Public Sector Banks and its one million employees.

 

There has been an urgent need of such a matured leader at the helm of affairs to face the several challenges before Bank Employees a few of which is enumerated below:

 

  1. Wage Revision for Bank Employees with adequate increase
  2. Improvements in Service Conditions and working environment
  3. Compassionate Appointment
  4. Regulated Working Hours
  5. Protection of Officers against disciplinary proceedings with punishment disproportionate to charges
  6. Protection to officers while bonafide decisions go wrong.
  7. Denial of rightful entitlement including leave and other legitimate service conditions
  8. Challenges Public Sector Banks will be required to face if licenses are given to Private Business Houses and Corporates.
  9. Merger of Associate Banks with State Bank of India and other similar contemplated proposals.

 

Our leader is an apostle of responsible and constructive Trade Unionism who has led the Bank Officers’ movement for more than three decades. He is admired and respected for guiding the destiny of Bank employees in general and Bank Officers in particular. It is worth mentioning that Shri Nair is signatory to 6 Bipartite Settlements of 9 settlements held so far and currently negotiating 10th Bipartite Settlement. He is regarded as the most effective and knowledgeable leader in the Bank Officers Trade Union movement. He is bestowed with patience, perseverance and persuasive ability. His sagacity, wisdom and maturity is known to one and all. He has a marvellous track record of leading issue based movements related to officers. He has always stressed on the importance of collective efforts and wisdom in Trade Union movement.

 

Shri Nair has mastered the art of restoring Bilateralism and Trade Union rights. He has always devised ways and means to stop the process of de-unionization in the Post VRS scenario. His contribution under the aegis of INTUC in the last salary revision has been acknowledged by none else than the then Convener of UFBU Shri C.H.Venkatchalam.

 

We wish Shri Nair grand success in his new responsibility.

 

Yours sincerely,

 

Sd/- Sd/- Sd/-

(R.K.Chatterjee) (V.B.Chavan) (H.S.Banerjee)

Zonal Secretary Zonal Secretary Zonal Secretary

(BJ&O Zone) (Mah. & Goa Zone) (Eastern Zone)

 

Sd/- Sd/- Sd/-

(Prem Makker) (S.S.Meena) (M.B.Patel)

Zonal Secretary Zonal Secretary Zonal Secretary

(North Zone) (Rajasthan Zone) (North Guj.Zone)

 

 

Sd/- Sd/- Sd/-

(N.V.Daniel) (S.N.S.Yadav) (Pooran Singh)

Zonal Secretary Zonal Secretary Zonal Secretary

(Cent.Guj.Zone) (E.U.P.Zone) (W.U.P. & U Zone)

 

 

Sd/- Sd/- Sd/-

(Pradeep K.Jha) (V.J.Sheladia) (G.Virabadran)

Zonal Secretary Zonal Secretary Zonal Secretary

(M.P.&CG Zone) (South Guj.Zone) (Tamil Nadu & Kerala Zone)

 

 

Sd/- Sd/-

(T.Puttaswamy) (S.H.Nebhani)

Zonal Secretary Zonal Secretary

(Karnataka & A.P.Zone) (Greater Mumbai Zone)

 


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CIRCULAR TO MEMBERS NO.12 OF 2013                                                                                                                                                  1st July 2013

 

Dear Members,

Re: (1) Results of Exercise for promotion from

MMG/S-II to III: 2013- 2014

(2) Inter-Zonal Retransfers

(3) Interest-free drought relief loan in Tamil Nadu

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

 

We are happy to inform that the Bank has today declared results of exercise for promotion from MMG/S-II to III for the year 2013-2014. Total 934 candidates, as under, are promoted as Sr.Managers in MMG/Scale-III with effect from 01-07-2013:

 

Normal Track .. 533

Fast Track .. 401

Total: 934

 

We congratulate all the promotees and wish them best of luck.

 

Inter-Zonal Retransfers

Further to our circular No.7 of 2013 dated 15-04-2013 we wish to inform that the remaining officers under Inter-Zonal Retransfers will be relieved on or before 6th July 2013.

Interest-free drought relief loan in Tamil Nadu

 

You are aware of the failure of monsoon in the current season and consequent drought that affected 31 Districts in Tamil Nadu. With a view to tide over the serious situation caused by the drought, our Bank has decided to extend interest-free drought relief loan to permanent staff members in the drought affected 31 districts in Tamil Nadu, except Chennai, as under:

Quantum of Loan : -03- months gross salary

Rate of Interest : Nil

Repayment : 36 equal monthly installments

 

NOTE: (1) Total deductions including towards the proposed loan, should not exceed 60% of the gross emoluments. (2) Bank’s permanent staff affected by the drought and have suffered loss not withstanding their posting, will be extended the above loan.

With greetings,

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

 

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CIRCULAR TO MEMBERS NO.11 OF 2013 28th June 2013

 

Dear Members,

Re: (1) Exercise for promotion from MMG/S-II to III: 2013-2014

(2) Flash Floods in the State of Uttarakhand

(3) Drought Relief in Maharashtra

(4) Meeting of UFBU.

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

With regard to the exercise for promotion from MMG/S-II to MMG/S-III:2013-2014 we are informed by the Bank that the results of the said exercise will be announced on 1st July 2013. Please note.

Flash Floods in the State of Uttarakhand

As you are aware the Flash floods erupted on 16th June 2013 in the State of Uttarakhand caused unheard calamity to tens of thousands of people there. The Govt. has already plunged into a massive operation for locating, rescuing and rehabilitating the trapped and injured survivors. Our Hon’ble Prime Minister Dr.Manmohan Singh has appealed to the citizens of India to donate generously to the Prime Minister’s National Relief Fund to tide over the calamity. Our Bank contacted representatives of organizations of Workmen and Officers and decided to donate one day’s salary to the Prime Minister’s National Relief Fund by encashing one day’s Privilege Leave. A joint Appeal enclosing therewith an Authority form for appropriate action is issued by the Bank. We appeal to each one of you to rise up to the occasion, return the Authority form duly filled in and signed and help the Government engaged in massive rescue operations.

 

Drought Relief in Maharashtra

Maharashtra State has been facing severe problem of drought in the current season. There was virtually no rain fall leading to acute shortage of water. The residents more particularly ladies were forced to travel long distance to fetch drinking water. Jalna District was the worst affected area. To mitigate their sufferings our Association identified two villages viz. Ghodegaon & Chitali-Putali, dug bore wells connected to overhead water tanks with a total capacity of 6000 litres and provided drinking water to the residents in these two villages. The scheme was inaugurated by Shri V.B.Chavan, Secretary (Maharashtra & Goa Zone) and our Director representing officers on the Board of the Bank. A large crowd of villagers numbering over 400, mostly women, gathered in the function, appreciated the gesture of the Association and thanked them profusely for coming to their rescue.

Meeting of UFBU

A meeting of UFBU will be held at Chennai on 4th July 2013 to discuss Wage Revision, Issues pending with IBA/Govt. and other developments relating to the Banking Industry. The meeting is scheduled to discuss organizational matters including change of Convener of UFBU. We shall report the developments after the meeting.

 

With greetings,

Yours sincerely,

 (K.K.NAIR)

GENERAL SECRETARY

 

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CIRCULAR TO MEMBERS NO.10 OF 2013 17thJune 2013

 

Dear Members,

Re: (1) Promotion Exercise to MMG/S-II : 2013-2014

(2) Congratulations to newly promoted Scale-IV officers

(3) Central Committee Meeting

(4) Wage Revision – an update

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

We are happy to inform that the Bank has today declared results of exercise for promotion from JMG/S-I to MMG/S-II held for the year 2013-2014. A total number of 1260 officers are promoted as Managers in MMG/S-II. Details are:

Normal Track .. 823

Fast Track.. 437

Total 1260

These promotions will be effective from 17th June 2013. We take this opportunity to congratulate all these promotees and wish them best of luck.

With regard to exercise for promotion from MMG/S-II to MMG/S-III for the year 2013-2014, process of interviewing candidates under Fast Track Channel will begin from 18th June 2013. We expect the results to be released very soon.

Congratulations to newly promoted Scale-IV officers

Our Bank has elevated a total of 463 Scale-III officers with effect from 1st June 2013 to Sr. Management Grade/Scale-IV in the rank of Chief Managers under the exercise for promotion held for the year 2013-2014. We congratulate each and every successful candidate and wish them best of luck in their new assignments. In this regard we have been receiving anxious enquiries about the Bank keeping the remaining vacancies unfilled. We shall revert to you in due course.

Central Committee Meeting

The 58th Central Committee meeting of our Association was held on 9th, 10th and 11th June 2013 at Alappuzha. The meeting was inaugurated by our Chairman & Managing Director Shri S.S.Mundra on 9th June 2013. Dr.Sanjeeva Reddy President INTUC and INBOC graced the occasion on 10th June 2013 and gave his special address. The meeting concluded on 11th June 2013 with a valedictory address by our Bank’s Executive Director Shri Ranjan Dhawan. Shri S.K.Das, the Chief General Manager (HRM) our Special Guest attended and addressed the Central Committee Members on 9th June 2013. The General Manager Shri V.Sreedharan (Zonal Head, Tamilnadu & Kerala) and Dy. General Manager Shri Subhash R. Kamath (Regional Head, Kerala Region) attended the meeting as our Guests of Honour. Details of the meeting will be communicated to you through our circular.

Wage Revision – an update

IBA held another round of discussions with UFBU on Wage Revision for Bank Employees on 7th June 2013. In the meeting UFBU insisted on a time bound programme to reach the Wage Revision Settlement. To begin with UFBU urged upon IBA to consider effective date and merger of DA. UFBU demanded that Wage Revision should be effective from 1st November 2012 and merger of DA be at 4876 points i.e. the DA prevailing in July-September 2012 quarter. UFBU also insisted upon an adequate increase in the incoming salary structure. On all issues IBA stated that they would revert to us after discussions with the Government.

UFBU also proposed, in the meeting, that in the incoming wage revision, increase in wage load should be exclusive of

 

(1) Cost of pension and other super annuation benefits &

(2) Cost of hospitalization expenses reimbursement.

 

IBA informed that they would keep this in mind during the course of discussions.

In the meeting IBA also discussed its agenda more particularly restricting the Wage Revision up to Scale-III, Introduction of Cost to Company and Fixed Pay and Variable Pay concepts, increased mobility to award staff, rationalization of special pay etc. UFBU insisted that the Wage Revision, as hitherto practiced, must cover all scales / grades of officers and expressed its reservations on concepts like Cost to Company, Fixed Pay and Variable Pay etc. These issues will be discussed further. IBA will shortly advise the next date for negotiations.

 

With greetings,

 

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY


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CIRCULAR TO MEMBERS NO.9 OF 2013 22nd April 2013

 

Dear Members,

Re: Wage Revision – Bipartite Talks with IBA

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

We refer to our circular No.8 dated 18th April 2013 and wish to inform that the Negotiating Team of IBA held discussions with UFBU on Charter of Demands in the office of IBA in Mumbai, today. The text of a circular issued by UFBU is reproduced hereunder:

“A round of discussion was held today in Mumbai between IBA and UFBU on our Charter of Demands for revision of wages and service conditions. The IBA was represented by the negotiating team headed by Mr. T M Bhasin (CMD Indian Bank and Senior Vice Chairman, IBA).UFBU was represented by the constituent unions. NOBW could not be present due to their pre-fixed agitational programme in Delhi.

During this meeting,IBA provided the detailed data relating to establishment expenses of the banks as on March 31st2012,which will be taken as the basis for calculations in the ensuing wage revision exercise. According to the data the total establishment expenditure/wage bill of the public sector banks as on 31-03-2012, comes to Rs. 56,292 crores for workmen and officers put together.

The IBA also submitted the following Management issues for discussions by UFBU.

Officers:

  1. Introduction of Cost to Company.
  2. Introduction of Performance linked Variable Pay.
  3. Restrictions on applicability for wage revision.

Workmen:

  1. Introduction of Cost to Company.
  2. Introduction of Performance linked Variable Pay.
  3. Deployment of Staff by invoking Para 536 of Sastri Award and superseding the provisions of 8th BPS.
  4. Rationalisation of special pay posts.
  5. Departmental action to continue after retirement.
  6. Premature retirement of workmen employees in public interest after 55 years of age or 30 years of service.
  7. Simultaneous disciplinary action under departmental enquiry as well as judicial proceedings.

IBA further stated that they would make their presentations on these issues in the next meeting. They also informed that the next round of discussions would be held by the middle of May 2013.

Comrades, while we have come to the IBA for wage revision, it is clear that they are trying to foist anti-employee, anti-officer propositions. It appears that wage revision will be a challenging task before us. Hence our unity and vigilance are very important when we proceed with our charter of demands.

From the UFBU we insisted on the IBA that the long pending issue of compassionate ground appointment scheme should be resolved on a priority basis. We also brought to their notice the problems faced by employees and officers on account of introduction of Grid-based clearing system by the RBI and urged for solution so that the issue does not become a dispute. Further developments will be informed to unions in due course.”

 

UFBU at a meeting held immediately after the discussions with IBA felt that the overall approach of IBA has not been very conducive for a smooth passage for Wage Revision. Our membership is requested to take a note of the above and be vigilant.

With greetings,

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETAY

 

 

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CIRCULARA TO MEMBERS NO.8 OF 2013 18TH April 2013

Dear Members,

Re: (1) Vehicle Loan Scheme to officers who are presently

not covered under Staff Vehicle Loan Scheme

(2) Wage Revision – Meeting on Charter of Demands.

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

We are happy to inform that the Bank has now decided to introduce a new Vehicle Loan Scheme to officers who are not covered under the Staff Vehicle Loan Scheme presently available in our Bank. Details are as under:

 

Purpose

For purchase of New Car / Two Wheeler for personal use.

Type of facility

Term Loan

Eligibility/Beneficiary

All confirmed officers of Bank of Baroda drawing Basic Pay less than Rs.19,400/- per month

Age

Minimum 21 years

Maximum Loan limit

Car : Rs.3.50 Lac

Two Wheeler : Rs.0.75 lac

 

Insurance and Registration charges will not be considered for calculating the loan amount

Margin

10%

Rate of Interest

Base Rate presently 10.25% per annum

Other Conditions

  • Officer will not be permitted to avail another Vehicle Loan from our Bank/other Banks till this Loan is repaid in full.
  • Loan can be availed from the Branch, where salary is being paid.
  • Take over of Car Loans availed from other banks is not permissible.
  • EMI of the Loan to be deducted from Salary of the officer.
  • No 3rd party Guarantee is required.
  • Lien on PF Balance of the officer
  • Total deductions of the officer should not exceed 60% of his salary after including EMI to be deducted under this loan.
  • Undertaking to the effect that the officer will liquidate the entire outstanding Loan before leaving the Bank in case of resignation.
  • Inspection of the vehicle to be carried out as per Bank norms.
  • Conversion of Loan to Staff Vehicle Loan on becoming eligible for the same, on request.

Repayment Period

60 months

Insurance

Comprehensive Insurance of the Vehicle with Bank’s Clause.

Sanctioning Authority

Dy. Regional Manager

 

Wage Revision – Meeting on Charter of Demands

We are happy to inform that the Negotiating Committee of IBA will hold a meeting on Charter of Demands with the representatives of Officers’ Associations and Workmen Unions on Monday, 22nd April 2013 in Mumbai. We shall report the outcome after the meeting.

 

With greetings,

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

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CIRCULAR TO MEMBERS NO. 7 OF 2013 15th April 2013

 

Dear Members,

 

Re : (i) Inter – Zonal Retransfer Plan – 2013

(ii) Staff Welfare Fund

(iii) Scheme for grant of Exigency Loan

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

We are happy to inform that the Inter – Zonal Transfer Plan – 2013, now stands finalised. Accordingly the following categories of willing officers will be relieved in a phased manner latest by 31st May 2013 :-

 

(i) Inter - Zonal Transferee officers who will be completing 3 years of tenure as on 31st August 2013

(ii) DROs who will be completing 5 years of tenure as on 31st August 2013

With a view to avoid officers under retransfer, otherwise required to undertake travels to Zones and thereafter to the Regions of their posting, will now be advised of the Region allotted to them in advance by the relieving Zone / Region. This will facilitate retransfer officers to report to the concerned Regions directly.

Further, under the Deployment Plan - 2013, the Bank will identify and deploy officers to substitute the officers under Inter-Zonal Retransfer Plan and to maintain an overall balance position, on the basis of longest stay in the concerned Zone subject to exemptions available under the Transfer Policy.

Staff Welfare Fund

As you are aware, Government of India vide a communication issued in February 2012 raised the maximum ceilings for Staff Welfare Funds in Public Sector Banks subject to a cap of 3% of Net-Profit linking, simultaneously, the ceiling with the business mix and employee strength of the concerned Public Sector Bank. According to the said guidelines, revised ceiling for Staff Welfare Fund of our Bank comes to Rs.25 Crores based on the stipulated parameters as on the previous Financial Years. This comes to an increase of Rs.10 crores, annually

We have been representing to the Bank, since then, to implement the Government guidelines and increase the ceiling to Rs. 25 crores from Rs. 15 crores based on the Net- Profit of the Bank for the year 2011-2012. However, the Bank took a decision to increase the ceiling only from the year 2012-2013. Consequently we took up the issue with the then Chairman and Managing Director and insisted that the Staff Welfare Fund must get the additional contribution of Rs. 10 crores for the year 2011-2012 as the Govt. Guidelines invariably have an immediate effect. But inspite of our representation, oral and written, the issue remained unresolved.

Aggrieved with such a situation we took up this issue with the present management led by our new Chairman and Managing Director Shri. S. S. Mundra. We are happy to inform that the Bank has now agreed to implement Government Guidelines from the year 2011-2012 and accordingly increase the contribution by Rs. 10 crores to Rs. 25 crores thereby augmenting the Fund position in the Staff Welfare Fund. We are thankful to our new Chairman and Managing Director for resolving this issue which will go a long way to review and expand activities under Staff Welfare Fund.

Scheme for grant of Exigency Loan

We are happy to inform that our bank has increased the existing maximum limits for Exigency Loan as Under. :-

 

Existing Limit

Increased Limit

Officers

Rs. 75,000/-

Rs. 2,25,000/-

Clerks

Rs. 50,000/-

Rs. 1,50,000/-

Sub-Staff

Rs. 25,000/-

Rs. 75,000/-

The Bank, while deciding to increase the limits, has retained the existing conditions viz.

i) The Exigency Loan is available to staff who have not availed Staff Over Draft (SOD) facility

ii) One month’s Basic pay for every completed year of service with a maximum of 10 months’ basic pay.

iii) Permanent, part-time employees would be eligible for a loan amount which is pro – rata to the above limits

We take this opportunity to thank the management for this initiative.

 

With greetings,

 

Yours sincerely,

(K.K. NAIR)

GENERAL SECRETARY

 

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CIRCULAR TO MEMBERS NO.6 OF 2013 25th March 2013

Dear Members,

 

Transfer Policy - Review

As you are aware our Bank, in the year 2009, formulated a Transfer Policy for officers in Junior Management Grade/Scale-I and Middle Management Grade/Scale-II and III, after discussions with our Association. This Policy, approved by the Board of our Bank in its meeting held on 28th January 2009, was circulated to all Branches and Offices of our Bank vide Circular No.BCC:BR:101:130 dated 29th April 2009.

 

The Policy fell due for review in 2011. In right earnest representatives of our Bank and our Association commenced discussions for review of the Policy. Meanwhile our Bank initiated its Project Sparsh and also received certain Govt. Guidelines on Promotion. While reviewing the Policy, it became imperative to incorporate recommendations of Project Sparsh and Government Guidelines as these have effect on the mobility of officers.

 

Our Association, during the course of discussions, brought to the notice of our Bank certain deficiencies and anomalies that surfaced during the course of the implementation of the existing Transfer Policy and insisted on its rectification. We also proposed certain appropriate amendments to the Transfer Policy to take care of the aspirations of the officers and business needs of the Bank.

 

We wish to inform that after a series of discussions our Association could reach a consensus on the amendments. We are happy that the Board of Directors at its meeting held on 2nd March 2013 approved the proposed amendments and reviewed the Transfer Policy. We take this opportunity to thank our Bank’s new Chairman & Managing Director Shri S.S.Mundra, the Executive Directors Shri P.Srinivas, Shri Sudhir Kumar Jain, Shri Ranjan Dhawan and the entire Board of Directors for putting in place a revised Transfer Policy. Our special thanks to our Bank’s General Manager (HRM) Shri S.K.Das and his entire team for the tireless efforts put in by them to make this review possible.

 

With greetings,

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

PLEASE CIRCULATE AMONGST OFFICER COLLEAGUES 

 

PS: This circular is available in the hand-book on Transfer Policy.

Copies are provided to all the Zonal Secretaries. 

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CIRCULAR TO MEMBERS NO.5 OF 2013 22nd February 2013

 

Dear Members,

 

Re: 1) Nationwide strike on 20th & 21st February 2013

2) Salary Revision – Discussion on Charter of Demands

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

Further to our Circular No.4 of 2013 dated 14th February 2013 we wish to inform that a meeting of UFBU was held in Mumbai today, 22nd February 2013. After the meeting, a preliminary round of discussions on Charter of Demands on Salary Revision and improvements in Service Conditions took place between IBA and UFBU. Details are as under:

 

“The Meeting conveyed its heartiest congratulations to all the units of UFBU and entire rank and file employees and officers for their massive and enthusiastic participation in the Nationwide General Strike on 20th and 21st February, 2013 at the call of central trade unions and the UFBU. The strike has manifested the oneness of the bank employees and officers with the total trade union movement in our country.

Homage to Com. Narender Singh:

The meeting observed 2 minutes silence to pay homage to Com. Narender Singh, the leader of transport workers union in Ambala who was killed by a bus running on him when he was mobilizing for the success of the strike on 20.02.2013.

Government attempts to mislead:

Just on the eve of our strike, the Finance Ministry issued a statement calling upon bank employees not to join the strike on the following grounds

1. None of the main points in the Charter of Demands of Central Trade Union has any connection with bank employees.

All the 10 demands raised by Central Trade Unions are applicable to bank employees. Price Rise, Recruitment of adequate staff, Outsourcing, Attack on Trade Union Rights, Equal Pay for Equal Work, Disinvestment, Improvement in Bonus Act, PF, Gratuity and Pension benefits, etc. are all our demands also.

2. Bank recruits staff every year.

Nearly 200,000 vacancies of Workmen and Officers remain vacant in banks. Many permanent jobs are outsourced.

3. Bank Employees are already entitled to pension benefits.

 

True, but since 1993 no improvements have been made in the pension benefits.

4. Bank employees have social security cover.

The compassionate appointment scheme to provide some job to the families of employees who die in harness has been discontinued in the banks for the past 10 years and still the scheme is not revised.

 

Thus, the government statement was only to unleash a misleading propaganda to defeat our strike instead of resolving the demands of the unions. We are happy that all unions have understood the game and made the strike a total success.

Get Ready for Strike against attacks on Trade Union Rights:

The meeting took note of the increasing attacks on trade union rights, particularly in SBI and RBI where the managements took intimidating and pressurizing tactics to wean away the officers and the employees from strike action. The meeting decided to take up these issues with IBA and the government and also prepare for strike action by end of March, 2013 if these vindictive attacks are not retraced.

Discussions with IBA:

Further to UFBU’s submission of charter of demands on the IBA for our wage revision and the improvement in service conditions, the IBA had invited UFBU and accordingly a preliminary round of discussions took place today between IBA and UFBU.IBA team was represented by Shri. K R Kamath, CMD-PNB and Chairman of IBA, along with the members of their Negotiating Committee. UFBU was represented by leaders of our 9Constituent Unions. Both the sides felt and agreed that the negotiations should be expedited and concluded in a time bound manner.IBA informed that the Negotiating Committee will be headed by Mr. T M Bhasin, CMD- Indian Bank and Vice Chairman of IBA. From UFBU, we pointed out that simultaneous with the discussions on our charter of demands, the IBA should also take efforts to resolve the pending issues like Compassionate appointment scheme, coverage of remaining employees /officers under pension option scheme, Improvement in Family Pension, Updation of Pension etc.

Next Round of Talks:

It has been decided that the next round of talks will be held on 4th March, 2013. Friends, discussions on our charter of demands have begun. It shall be the endeavor of UFBU to expedite the discussions and strike a fair deal. We exhort all our units and members to remain united and be in readiness to all the calls of UFBU to achieve our demands to our satisfaction.

With greetings

Yours sincerely,

 

(K.K.NAIR)

GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

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CIRCULAR TO MEMBERS NO.4 OF 2013 14th February 2013

 

Dear Members,

 

Re: 1) Salary Revision for Bank Officers – Meeting on

Charter of Demands.

2) Nationwide strike on 20th and 21st February 2013.

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

 

We are happy to inform that IBA has convened a meeting with UFBU, of which INBOC our apex organization is a constituent, on Charter of Demands. The meeting, preliminary / introductory in nature, will be held on 22nd February 2013 at 11.00 a.m. at IBA office, Mumbai. We shall advise you the details after the meeting.

 

Nationwide strike on 20th & 21st February 2013

 

We have reported to you, vide our circular No.3 of 2013 dated 5th February 2013, the decision of Central Trade Unions to go on Nationwide strike on 20th and 21st February 2013 in pursuit of 10 points Charter of Demands. We have, through the abovementioned circular, also conveyed the decision of the UFBU to join the strike on 20th and 21st February 2013 in support of the 10 points Charter of Demands and to highlight issues and demands concerning Bank Employees and Officers.

 

We call upon each one of you to join this strike and make it an all-time success.

 

With greetings

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

 

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

 

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CIRCULAR MEMBERS NO.3 OF 2013 5th February 2013

 

Dear Members,

JOIN THE NATION WIDE STRIKE

ON 20th & 21st FEBRUARY 2013

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

In response to the call given by our apex organization INTUC and other Central Trade Unions for Nationwide strike on 20th and 21st February 2013 in pursuit of the following 10 points Charter of Demands, INBOC shall go on strike on both the above mentioned dates:

(1) Concrete measures to contain price rise.

(2) Concrete measures for employment generation.

(3) Strict enforcement of labour laws.

(4) Universal social security cover for organized and unorganized workers and creation of National Social Security Fund and

(5) Stoppage of disinvestment in Central and State PSUs / Undertakings.

(6) No Contractorization of work of permanent / perennial nature and payment of wages and benefits to the contract workers at the same rate as available to the regular workers of the industry / establishment.

(7) Amendment of Minimum Wages Act to ensure universal coverage irrespective of the schedules and fixation of statutory minimum wage at not less than Rs.10,000/- linked with cost of price index.

(8) Remove all ceilings on payment and eligibility of Bonus, Provident Fund; Increase the quantum of gratuity.

(9) Assured Pension for all.

(10)Compulsory registration of trade unions within a period of 45 days and immediate ratification of the ILO Conventions Nos.87 and 98.

 

UFBU which met in Mumbai on 21st January 2013 has decided to join the 20th and 21st February strike. Accordingly UFBU has issued Strike Notice to IBA covering the following issues / Demands.

 

  • In support of the 10 point Charter of Demands of Central Trade Unions.
  • Control alarming price rise
  • Stop anti-worker Labour Reforms – Hands off trade union rights
  • Stop Banking Reforms
  • Stop Outsourcing
  • Early wage revision
  • Settle pending issues like compassionate appointment scheme

 

We call upon all our members to make the strike a massive success.

 

With greetings,

 

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

 

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CIRCULAR TO MEMBERS NO.2 OF 2013 5th February 2013

 

Dear Members,

 

Re: (1) Shri S.S.Mundra assumes charge

as the Chairman & Managing Director

(2) Wage Revision – an update

(3) Pending Issues – Transfer Policy

(4) Merit Awards for 2011-2012.

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

 

As you are aware, Shri S.S.Mundra has assumed charge as the Chairman and Managing Director of our Bank in terms of a Notification issued by the Government of India on 21st January 2013. The Association extends its warm greetings and a Happy Welcome Back Home to Shri Mundra, the new Chairman and Managing Director of the Bank.

Wage Revision – an update

Indian Banks’ Association (IBA) is in the process of collecting mandate from Banks for negotiating revision of salary and service conditions with the unions of Workmen and Officers. We understand that most of the Banks have already submitted the required mandate to IBA. Simultaneously IBA is also collecting data/details essential for deciding factors such as load, cost etc. UFBU shall remind IBA to commence negotiations immediately.

 

Pending Issues – Transfer Policy

Further to our circular dated 3rd January 2013 we wish to inform that the Bank held yet another round of discussions with our Association on various provisions in the Draft Transfer Policy. Based on the understandings on amendments/modifications reached, the Bank will complete the process of putting in place a reviewed Transfer Policy.

There are no other worth reporting developments on other pending issues.

Merit Awards for 2011-2012

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 2012 are eligible for the awards for the academic year 2011-2012. For your ready reference, relevant details are given overleaf.

Qualifications

Minimum % of 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

 

Eligible members of the Welfare Fund as on 31st March 2012 must send their applications along with the certified copies of the mark sheets to the Welfare Fund through their respective Zonal Secretaries on or before 15th March 2013 as per proforma shown below:

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 unto 3 digits after decimal point)

 

 

 

Date of Application: Signature of officer

 

With greetings,

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

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CIRCULAR TO MEMBERS NO.1 OF 2013 3rd January 2013

 

Dear Members,

Let us confront the Issues - A New Year Resolution.

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

We wish you and your family a very Happy and Prosperous New Year 2013. The year bygone has witnessed the sustained efforts put in by you have helped the Bank to register unparalleled growth earning an unprecedented number of accolades and awards. You have taken the Bank to new heights of unassailable allround performance. “One who bakes the cake must get a share in the cake which he bakes” - the Bank must share the huge profit generated by you with you. This is our New Year Resolution. Financial incentives, as given to top brass, must be extended to all. If unavoidable let us confront this issue together with other pending demands.

To begin with we should get the issues discussed in the Structured Meeting held with the Bank at BCC on 19th July 2012, resolved. These issues, besides Incentive Scheme, include Review of Policies on Promotion, Transfer, Manpower Planning, EPMS/APAR with a provision of Audit of Ratings with its impact on Promotion, Review of Scheme for Reimbursement of Conveyance Expenses, Categorization of posts below branch heads and Payment of officiating allowance, Revamping of Staff Welfare Fund Scheme, Revival of ESCORT Scheme and Timely Retransfer of officers under inter-zonal transfer and DROs posted away from their native Zones.

Some of the above issues, as you will recall, are the issues in pursuit of which we resorted to agitation including strike action which made the Dy.Chief Labour Commissioner (C) to intervene and commence Conciliation Proceedings. Based on these proceedings and understandings reached we kept in abeyance the agitational programmes and the strike Action on 19th December 2011. However these issues still remain unresolved. We must get these resolved failing which we need to resume agitational programmes kept in abeyance.

Yet another issue that will engage our attention in the New Year is the Salary Revision for Officers and Workmen Employees due from 1st November 2012. We have already submitted the Charter of Demands and we do hope that IBA will commence negotiations with UFBU soon. Our apex organization INBOC is keen to reach a negotiated settlement at the earliest. We shall simultaneously strive to reach parity in starting Basic Pay, Pension and other Service Conditions available to officers in State Bank of India. We need to prepare ourselves to realize this important demand of officers working in Nationalized Banks.

 

With best wishes and regards,

 

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES

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