12th September,2016

CIRCULAR TO MEMBERS NO.17 OF 2016                              

 

Dear Members,

 RE: Foundation Day Greetings – The historic journey of 52 years

----o0o----

Today our Association, the oldest Association of Officers in the Banking Industry, steps into its 53rd Foundation Day.Our Warm Greetings to each one of you.This Day is indeed a historic and memorable day for all of us. Established in 1964, our Association with the object of service to our members adopted a constructive approach to issues faced by them and we have, committed to the self-imposed philosophy of “Grow with the Bank”, played an important role in the growth of our Bank, year after year.On this occasion,we fondly remember our founder leaders and the role played by our past and present members to strengthen our Association. Conscious of the developments taking place in the Banking Industry, let us also join hands and face the challenges together.

 

Our Bank is also  undergoing a phase of transformation.The Association had its 61st Central Committee Meeting on 27th & 28th August,2016, at Panjim, Goa, where Shri P.S.Jayakumar, our Managing Director & Chief Executive Officer, in his address, had made stress  on the “Project Navodaya” which will set the employees and the customers on the front to make our  Bank India’s (Premier) International Bank.Shri B.B,Joshi, Executive Director had also, in the said meeting, emphasized on the need to  pass through the transformation stage in our Bank successfully.While involving ourselves in this phase, we must ensure that our Bank continues to perform well in business growth mainly focusing on the areas of CASA,NPA Management and Retail Lending, without any complacency.

 

Today the segment of young Officers ranging between the age of 18 to 35 years has reached 58% of the total number of Officers in our Bank. The  mix of seniors and juniors with large gaps in age,mind set, knowledge and skill  are very  clearly visible in our day to day working.It is the moral responsibility of seniors to inculcate the right spirit of participation and involvement amongst this budding section of youngsters. This will strengthen further our Bank and our Association.

 

Friends, on this historic day let us all pledge to strive hard and perform with zeal to realise the objectives and goals set by our Bank alongwith further improvements in our Service Conditions and Quality of Life. Success will always be a culminating point of struggle and  hard work.

 

 

With greetings,

Yours  Sincerely


(K.K.NAIR)



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2nd September 2016

CIRCULAR TO MEMBERS NO.16 OF 2016                                                                                                         

 

Dear Members,

 

      RE: All India Strike on 2nd September,2016 –

----o0o----

                 We are happy to inform that the One Day All India Strike on 2nd September,2016, a call given by various Trade Unions in Banking Industry viz.INBOC,AIBEA,AIBOA,BEFI & INBEF alongwith Central Trade Unions, was very successful through out the country.We thank each one of you for extending your support and positive response to the call given for the nationwide strike. In this regard, we reproduce hereunder the text of a communication received from INTUC, our apex body, for your information:

                “In support of the 12 points Charter of Demands  of the CTUs workers all over the country has observed one day strike on 2nd September. The demands on raising the minimum wage to Rs.18,000, universal social security, guaranteed pension for all workers, regularization of perennial jobs, equal remuneration and benefits for contract workers and compulsory registration of trade unions within 45 days etc were unheard.  TUs were against the unilateral decision of amendment of labour laws and Govt.’s move for privatisation/disinvestment of strategic and sensitive public sector units, and promoting limitless FDI in sensitive sectors like Defence, Railways, Banks, Insurance, Retail and Pharmaceuticals etc. which is also against the interest of the national economy.

             The strike called by all central trade unions is all out success with majority of the industries including important sectors like Steel, Coal, defence, banking, insurance, transport, port & dock, engineering coming to a standstill. The Unorganised workers in large number also participated in Rallies and demonstrations in many places.  The workers organised rallies in the districts and state capitals.

                 It is reported that the Bengal Government with all its force had opposed the Strike, but has failed miserably and was forcing to ply buses/ trams with less passengers, government officials were present whereas the common people were not turning up.

                The common people of the country have accepted and responded to the call for Strike. In general the Strike was a grand success.”

 

               While we congratulate the members for making the call a success, we also appeal to you to be in readiness for participating in further agitational programmes, if any, for our causes as decided by various Trade Unions, in future.

 

With greetings,

Yours  Sincerely

 

(K.K.NAIR)

 

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CIRCULAR TO MEMBERS NO. 15 OF 2016        17th August,2016

Dear  Members,                                 

Re: All India Strike on 2nd September,2016

----o0o----


We refer to our Circular No.13 dated 29th July,2016, apprising you about the stupendous success of the All India Strike held on 29th July,2016; thanks to the unity and strength displayed by the entire members through out the country. We had also appealed to each one of you to be in readiness to implement further agitational programmes, if any.


In this regard, looking to the economic  policy regime of the Government which has landed the entire economy in distress and decline, affecting the working people in major sectors, various Trade Unions viz.INBOC,AIBEA,AIBOC,AIBOA,BEFI & INBEF have decided to go on agitational programmes with ONE DAY STRIKE ON 2nd SEPTEMBER,2016.The  main issues and demands concerned are :

1.In support of the Declaration and 12 points Charter of Demands of the National Trade Union Convention.

2.Against the proposed anti-people banking sector reforms.

3.Against the proposed anti-worker labour reforms. 

The details of the agitational programmes are as under:

 

  • 1-9-2016 :: Lunch time/after office hours joint/demonstrationsat all centre.

 

  • 2-9-2016 :: All India Stay Out strike, Joint demonstrations, rallies,processions.

 

 

We call upon all our members to participate in the above agitational programmes  and strike  announced by the various Trade Unions.

Let us all together make the ONE DAY STRIKE ON 2nd SEPTEMBER,2016, A GRAND SUCCESS.

With greetings,

 
                                                                                                               

Yours sincerely,
 
 
 
                                                                                                                    (K.K.NAIR)
 
                                                                                                         GENERAL SECRETARY




 

 

CIRCULAR TO MEMBERS NO. 14 OF 2016                                                   10th August,2016

 

Dear  Members,

 

                                 Re: 1. Promotions to various Grades/Scales -  2016

 

       2. Inter-Zonal Transfer/Retransfer Plan   -   2016

 

                                                                     ----o0o----

 

Our Bank has since completed a massive exercise for promotions to various Grades/Scales ranging from MM Grade/Scale:II to Executive Grade/Scale:VII.The details of promotions upto Grade/Scale:IV are furnished below:

 

 

 

Promotion to  Grade/Scale

:

   Number

 

 

 

  Normal Track

 Fast Track

Total

 

II

:

1287

844

2131

 

III

:

668

508

1176

 

IV

:

--

563

563

 

TOTAL

:

1955

1915

3870

 

 

 

 

With such a huge number of promotions  to various Grades/Scales taking place during the current year in our Bank, we could see a convergence of Bank’s requirements as also career growth of Officers. Our Hearty Congratulations to Shri P.S.Jayakumar, Managing Director & CEO and his Team for making this unique achievement possible. We also convey our Hearty Congratulations to all promotees and wish them Best of Luck in their new assignments.

 

 

 

2. Inter-Zonal Transfer/Retransfer Plan – 2016

 

 

 

We are happy to inform that the Inter-Zonal Transfer/Retransfer Plan- 2016 has since been finalized and released  by the Bank. In terms of the said Plan, following categories of willing Officers will be relieved on or before 16th August,2016:

 

 

 

i.

Inter-Zonal Transferee Officers who have completed/will be completing three years tenure as on 31st August,2016.

 

ii.

D.R.Os who have completed/will be completing five years tenure as on 31st August,2016.

 

 

As substitutes for Officers under Transfer/Retransfer Plan – 2016, the Bank will identify Officers for Inter-Zonal Transfer on the basis of longest stay in Officer’s cadre in the Zone as per the Transfer Policy.

 

 

 

With greetings,

 

                                                                                                                Yours sincerely,

 

 

 

                                                                                                                    (K.K.NAIR)

 

                                                                                                         GENERAL SECRETARY



 

CIRCULAR TO MEMBERS NO.13  OF 2016                                                      29th July, 2016

 

Dear Members,

 

ALL INDIA BANK STRIKE ON 29TH JULY 2016             STUPENDOUS SUCCESS

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

Congratulations to each one of you for extending your marvelous support to the call given for one day All India Bank Strike on 29th July, 2016 by UFBU. As you are aware this One Day Strike was given by UFBU to protest against the efforts of the Govt. to de-regularize the entire Banking System in the form of reforms and to cater to the imperative need to save Public Sector Banks. We thank all our members for their enthusiastic response. The text of a circular issued by the Convenor of UFBU in this regard is reproduced hereunder for your detailed information:

 

“Heartiest Congratulations to one and all – The one day All India Bank Strike by more than 10 lac bank workmen and officers today is a stupendous success.  Kudos Comrades!  The grand success of the united struggle of bank employees all over the country displays clearly the anguish and concern of the bank employees towards the general public as well as the entire labour force in the country.

At the call of United Forum of Bank Unions, the entire workmen and officers in the banking industry observed a day’s All India Bank Strike today opposing the adamant attitude of the Government in pursuing the reform measures in the banking sector ultimately paving the way for the private players to wipe out the public sector character prevalent in the country, proposals for consolidation of banks while granting licenses to private players for opening small banks, neglecting in full the ways and means to recover the soaring bad loans in the Public Sector Banks, the ill-fated, anti-labour amendments to labour laws of the country.

Despite persistent opposition from all trade unions not only in the banking sector but also from all the trade unions in the country, the Government has been adamantly pursuing the anti-public banking, financial and labour reform measures, which are detrimental to the general public and the entire work force in the country.  Reports pouring in from different parts of the country confirm that the strike is total with massive rallies and demonstrations conducted by the entire membership all over the country. The stupendous success of the strike should be an eye-opener to the Government and we hope and trust the emotional protest of the bank employees are duly noticed by the Government and given due cognizance.

Comrades – The battle is not yet over – We may have to continue our agitations to a greater extent till we achieve our goal.  While we thank wholeheartedly our entire membership for its excellent display of unity in sending strong signal to the Government to halt in entirety the path of reforms, we appeal to the entire membership in readiness to implement further agitational programmes, if any, decided by the UFBU in the days to come.

We place on record our sincere thanks to all the leaders from political parties and Central Trade Unions who have lent their total support to our agitation launched in the interests of general public and the entire workforce in the country.”

With regards,

 

                                                                                                              Yours sincerely,

 

 

                                                                                                                (K.K.NAIR)

                                                                                                     GENERAL SECRETARY

 

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 CIRCULAR TO MEMBERS NO.12 OF 2016                                                                                               26th July, 2016

Dear Members,

Conciliation Talks fail – Our 29th July Strike stands –

Make it a full success

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

We refer to our circular No.11 of 14th July, 2016 and wish to inform that the CLC ( C )

Shri Anil Kumar Nayak held a conciliation meeting with UFBU today in his office in New Delhi. However the conciliation talks failed and hence the 29th July, 2016 strike stands.

 

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

“Further to the call given by UFBU for observing All India Strike on 29th July, 2016 against the proposed retrograde banking reforms measures of the Central Government, Shri. Anil Kumar Nayak, Chief Labour Commissioner (Central), Ministry of Labour, Government of India held a round of conciliation meeting today in his office at Shram Sakthi Bhavan in Delhi. Representatives of all our 9 Constituent units were present in the meeting. Representatives of IBA and Officials from the Department of Financial Services, Ministry of Finance were also present.

From our side, we explained the reasons and background for the strike call. We pointed out that unmindful of the adverse implications, the Government was pursuing the reform measures in the banking sector like inadequate infusion of capital in PSBs which will result in reduction of Government’s equity capital in PSBs and create compulsion for higher extent of private capital leading to privatisation of banks, announcement of privatisation of IDBI Bank by reducing the Government capital to less than 49%, proposals of consolidation for public sector banks but expansion for private sector banks, giving licences to corporate houses to start banks, ineffective steps to recover the bulging bad loans in the banks, rather showering concessions to the defaulters, etc. We submitted that public sector banks which represent the huge and precious savings of the people at large should be further strengthened and expanded and not privatized in the name of reforms. We also pointed out how private sector representatives are being appointed by the Government to head public sector banks.

Nothing came out from the side the IBA or DFS representatives to assure or indicate that all these policies would be reviewed and reversed, rather, there was only justification of these Government’s policies.

CLC advised the parties to engage in discussions to find resolutions to the issues involved and to avert the strike. From UFBU we informed that our call for strike can be reconsidered if Government would come forward to rescind their decisions.

In the absence of the above, the conciliation meeting ended in failure without any positive response from the IBA and Government.

Hence our call for strike on 29th July, 2016 stands and we call upon all constituent units and members to go ahead and make the strike a full-scale success.”

Let us make the strike a grand success.

Yours sincerely,

(K.K.NAIR)

GENERAL SECRETARY

PLEASE CIRCULATE AMONGST ALL OFFICER-COLLEAGUES                                   

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CIRCULAR TO MEMBERS NO.  11 OF 2016                                                                         14th July,2016

Dear Members,

 

     Re: Bank Strike on 29th July,2016 -            Make it a Grand Success.

                                                                   ----o0o----

 

Please refer to our Circular No:10 dated 23rd June,2016, advising you the decision of UFBU to go on agitation including ONE DAY ALL INDIA STRIKE ON 29th July,2016, in pursuit of our demands specified in our Circular. UFBU has since issued Strike Notice to Indian Banks Association with copies to Chief Labour Commissioner (Central),New Delhi, and CMDs/MDs/CEOs of all Banks opposing the reform initiatives of the Government which are aimed at wiping out the Public Sector Banking in the Country.

Details of the remaining agitational programmes are as under:

19.7.2016

 

::

Save Public Sector Banks Day – Rallies and distribution of pamphlets on the need to protect Public Sector Banks.

 

 

 

UFBU Convention in New Delhi during the second fortnight of July 2016.

 

 

 

Letter from UFBU to all the Members of Parliament

 

29.7.2016

::

ONE DAY ALL INDIA STRIKE

 

The text of the Statement of Case furnished to IBA by UFBU is reproduced overleaf.We call upon all Officers to take part in the Agitational Programmes and make the ONE DAY STRIKE on 29th July,2016, a Grand Success.

With greetings,

           

                                                                                         Yours sincerely,

 

                                                                                                  (K.K.NAIR)

                                                                                        GENERAL SECRETARY

 

 

STATEMENT  OF THE CASE :  (THE NEED FOR STRIKE)

 

The banking industry in India witnessed sea-change through nationalization of banks in the years 1969 and 1980 with the sole aim of promoting small savings for self-sufficiency and for utilizing the banks as catalytic agents for economic growth.  There is not an iota of doubt that the nationalized banks served the poorest of the poor in the country through implementation of several schemes of the Government with a social objective. 

 

Aiming economic growth, several committees constituted by the Government suggested various measures toward reforming the financial and other economic sectors in the Country including certain recommendations, which are derogatory to the entire public sector character prevalent in the country.The implementation of those anti-public recommendations of the various committees is stoutly opposed by the Trade Unions in the banking industry since 1992.

 

However, the various policy decisions of the Government of India in the banking sector in the name of financial reforms, amendments to labour laws tailored to suit the needs of private and foreign players, the ongoing IR problems in IDBI Bank, the voluminous bad loans in the Banks and unwarranted concessions that are being given to defaulters, discrimination in capitalization resulting in further weakening of already weak banks depict the intention of the Government to wipe out the public sector banking system in the country to enable the private and foreign players to take over the entire banking industry under their folds.

 

Our country needs a very effective regulated banking system and the attempts of the Government to deregulate the entire banking system in the name of reforms is detrimental to the interests of the general public and the country on the whole.  Hence, there is an imperative need to save Public Sector Banks.

 

Further, the move of the Government to amend the labour laws to suit the needs of the private and foreign players would affect the entire labour class in the country, which is strongly opposed by all the trade unions in the country including the Central Trade Unions. 

 

Hence, UFBU strongly oppose the anti-public, ill-fated reform measures of the Government in the banking industry and the anti-labour amendments to the Labour Laws in the country.”

 

 

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CIRCULAR TO MEMBERS NO.10 OF 2016                                                         23rd June,2016

Dear Members,

Re: 1.Confirmation  of Directly Recruited Officers in our  Bank’s   

         Service -  Revised Procedure.                                 

                                       2. UFBU decides to go on Agitation.

                                                                  ----o0o----

We refer to our Circular No:9 dated 16th June,2016, informing you that the Bank will be holding discussions with our Association on the above issue. In this regard, we wish to inform that the Bank held discussions with the Small Committee of Association at BCC, Mumbai on 22nd June,2016.Discussions on various points, however, remained inconclusive and therefore, it has been decided to convene  another meeting. We shall keep you apprised of the developments  after the next meeting.

Developments in the Banking Industry - UFBU decides to go on Agitation.

In its meetings held in the months of  April & May,2016, UFBU deliberated extensively on the developments taking place in the banking sector on account of the various policy decisions of the Government in the name of financial reforms, amendments to labour laws tailored to suit the needs of private and foreign players, the ongoing IR problems in IDBI Bank, the voluminous bad loans in the Banks and unwarranted concessions that are being given to defaulters, discrimination in capitalisation resulting in further weakening of already weak banks, etc. and deliberated extensively further on the above issues.

The representatives of constituent unions of UFBU unanimously felt that these initiatives of the Government, which are aimed at wiping out the public sector banking system in the country needs to be resisted by resorting to agitation without any further delay as the Government is moving on fast-track in its initiatives.  Thereafter, the agitation programmes as under were unanimously decided:

 

  1. 27th June 2016 – Badge-wearing;
  2. 1st July 2016 to 10th July 2016 – State Units of UFBU to chalk out their own agitation programmes;
  3. 19th July 2016 – Save Public Sector Banks Day – Rallies and distribution of pamphlets on the need to protect Public Sector Banks;
  4. UFBU Convention in New Delhi during the second fortnight of July 2016;
  5. Letter from UFBU to all the Members of Parliament;
  6. 29th July 2016 – ONE DAY ALL INDIA STRIKE.

 

It was also decided by UFBU to take up with IBA the issues of non-coverage of domiciliary hospitalization expenses by the Insurance Company under the Medical Insurance Scheme of retirees, speeding up of collection of data with regard to issues referred in the Record Note dated 25th May 2015 on the issues of retirees and also towards proper implementation of Compassionate Appointment Scheme in all the banks as per Government guidelines.

Please take a note of the above developments and also participate in the agitation programmes  proposed by UFBU whole heartedly in large number.

With greetings,

                                                                                                                Yours sincerely,

                                                                                                                             

 

                                                                                                                   (K.K.NAIR)

                                                                                              GENERAL SECRETARY

 

                                                ***************************************************************************************

 

CIRCULAR TO MEMBERS NO. 9 OF 2016                                                                    16th June,2016

Dear  Members,

 

Re: Unilateral changes in the process for Confirmation

        of Directly Recruited Officers in our  Bank’s Service –

        Revised Procedure.                                 

----o0o----

 

We refer to our Circular No:7 dated 31st May,2016, apprising you of the unilateral changes sought to be made in the process for confirmation of Officers effective from 1st June,2016.  Accordingly, you are aware that the Bank had scheduled to conduct the online test on 18th June,2016, at various centres for the D.R.Os due for confirmation with effect from 1st June,2016.

 

As reported to you, we registered our strong protest against the unilateral changes and had sought the intervention of our Managing Director & Chief Executive Officer on the above issue. We are happy to inform that the Bank has now agreed to hold discussions with our Association. The discussions will take place on 22nd June,2016. Meanwhile, the proposed online test scheduled on 18th June,2016, has been deferred by the Bank.

 

Friends, since the revised guidelines on confirmation of D.R.Os issued by the Bank has an impending effect on a large number of D.R.Os in our Bank, we have been much concerned and consistently  following up with the  Bank for due discussions with our Association to come out with a revised policy for confirmation of D.R.Os. We shall keep you informed of the further developments after discussions with the Bank.

With greetings,

 

                                                                                                                    Yours sincerely,

 

                                                                                                                        (K.K.NAIR)

                                                                                                          GENERAL SECRETARY

 

 

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CIRCULAR TO MEMBERS NO.8 OF 2016                                                      10th June,2016

Dear Members,

                              Re: Promotion Policy for Officers – Relaxation  to

                                     Lady Officers for undergoing Rural/Semi-urban service.                                  

                                                               ----o0o----

 

As you are aware, in terms of Promotion Policy for Officers in vogue, there is a mandatory requirement of completion of -2- years of continuous service in rural area for promotion   from JM G/S:I to MM G/S:II and a total service of -3- years in rural/semi-urban areas including the rural service in JM G/S:I  for promotion from MM G/S:II to MM G/S:III.

Of late, it has been observed that on account of various commitments towards family and non-availability of vacancies at the nearby rural centres, the lady officers have been reluctant and not opting for promotions to higher grades/scales. We have also been getting representations from lady officers in this regard.

This issue was discussed in the meeting held between the Bank and the Sub-Committee of our Association on Promotion Policy. We are happy to inform that the Bank has agreed to make the following amendment to Promotion Policy:

“.....there shall be no mandatory requirement of completion of the -2- years rural service for lady officers for promotion from JM G/S:I to MM G/S:II and -3- years of rural/semi-urban service (including -2- years of rural service in  JM G/S:I) for promotion from MM G/S:II to MM G/S:III. However, such lady officers will have to complete the required rural/semi-urban tenure of -3- years as mentioned above, to be eligible for promotion beyond Scale:III.”

 

The above amendment to the Promotion Policy shall be applicable from the ongoing Promotion Exercise for the year 2016-17 onwards. As a result, the lady officers will not be required to undergo rural/semi-urban service for promotions upto MM G/S:III and they will also  be able to cope up with the family commitments/responsibilities alongwith the career progression upto MM G/S:III in our Bank.

With greetings,

 

                                                                                                                         Yours sincerely,

                                                                                                                             

 

                                                                                                        (K.K.NAIR)

                                                                                              GENERAL SECRETARY

 

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CIRCULAR TO MEMBERS NO. 7 OF 2016                                                    31st  May,2016  

 

Dear Members,

                              Re: Confirmation of Directly Recruited Officers in

                                     Our Bank’s Service – Revised Procedure.                                

----o0o----

 

As you are aware, our Bank, vide its Circular No:BCC:BR:108/221 dated 16th May,2016, has conveyed certain amendments to the provisions in Bank of Baroda (Officers’) Service Regulations,1979, and unilaterally changed the process of confirmation of Directly Recruited  Officers with effect from 1st June,2016. The revised process for confirmation requires the newly recruited D.R.Os to appear for a written test, interview  and also passing of 20 e-learning courses with overall qualifying percentage of 70% for confirmation.The process has,thus,been made more tougher and cumbersome for the D.R.Os for their confirmation in the Bank. The arbitrary decision taken by the Bank has been causing anguish and widespread frustration amongst young officers as evidenced from the numerous communications we are receiving from the affected D.R.Os.

We have already registered our Strong Protest with the General Manager(HRM) against the above  unilateral changes sought to be made in the process of confirmation of D.R.Os. We also urged upon them to hold discussions with our Association and reach a revised process for confirmation of Officers. Pending this,we requested the Bank to keep the above mentioned Circular in abeyance. Concerned with the future of more than 1600 D.R.Os who have already joined the Bank and those who are likely to join our Bank in the years to come,we have decided to seek the intervention of the Managing Director & Chief Executive Officer in this matter. Let us await the outcome.

With greetings,

 

                                                                                                           Yours sincerely,

                                                                                          

 

                                                                                                        (K.K.NAIR)

                                                                                              GENERAL SECRETARY

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

 

 

CIRCULAR TO MEMBERS NO. 6 OF 2016                                                  13thMay,2016  

 

 

Dear Members,                        

 

                                      RE: Increase in Festival Advance

                                       -----o0o-----

 

As you are aware, our Bank has been granting interest free Festival Advance to its employees for meeting expenses connected with the celebrations of any one festival during a year. Officers  at present are given a Festival Advance to the tune of  one month’s gross salary or Rs.30,000/- whichever is less.

 

We have been representing to the Bank to enhance the quantum of Festival Advance taking into account  the increase in the cost connected with such celebrations.

 

We are happy to inform that the Bank has now agreed to our demand and increased the limit to one month’s gross salary without any ceiling. One month’s gross salary would mean emoluments payable for the purpose of Leave Encashment under BOBOSR,1979. However, the maximum eligible Festival Advance would be kept to the nearest thousand.

 

We are thankful to the Managing Director & CEO – Shri P.S.Jayakumar, Executive Director – Shri B.B.Joshi and General Manager(HRM) – Ms.Vindhya Ramesh for the above enhancement which will go a long way in motivating the officers community.

 

 

 

With greetings,

 

 

 

                                                                                                             Yours sincerely,

 

                                                                                                                 (K.K.NAIR)

                                                                                                     GENERAL SECRETARY

 

 

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



 

CIRCULAR TO MEMBERS NO.5 OF 2016                                                   16th April,2016

 

Dear Members,   

                    

                                   RE: 1. Discussions with IBA – Follow up Actions -

                                              Next Wage Revision.

                                          2. UFBU Meeting – Attack on Public Sector Banking –

                                              Agitational Programmes.

                                          3. Inter-Zonal Retransfer - 2016

                                                     -----o0o-----

 

We wish to inform that our Apex Organisation INBOC alongwith  representatives of other constituents of UFBU had a meeting with IBA on 13th April,2016. IBA was represented by Mr.M.V.Tanksale,Chief Executive,Mr.K.Unnikrishnan,Dy.Chief Executive,Mr.Visweshwar, Senior Advisor, Mr.K.S.Chauhan, Senior Vice-President – HR & IR and other officials of the HR-IR Department. Details are as under:

 

a)  Difficulties faced by employees/officers in implementation of Medical Insurance Scheme:  

 

UFBU pointed out the following:

 

  1. While the Scheme covers reimbursement of Rs. 3 lacs and Rs. 4 Lacs for clerks/substaff and officers respectively plus additional coverage from Corporate Buffer, some of the managements are maintaining that the coverage is only restricted upto Rs. 3 lacs and R. 4 lacs.The correct position should be suitably clarified to all the Banks and in turn by all Banks to the employees at large.

 

  1. An important advantage of the Scheme is the Cashless facility available for treatment in hospitals.  But instances are coming to our attention that in many centres, many hospitals are not covered by tie-up and hence employees are asked to pay for the treatment and then seek reimbursement.  IBA and Banks should take up with the TPAs to ensure that maximum hospitals are covered by tie-up so that employees are not put to difficulties to avail cashless treatment facility.

 

  1. The Settlement and the Scheme clearly provide that employees would submit the Bills to the Banks as in the past and the Bank should submit the Bills to the TPA to get the reimbursement.  But some of the managements are asking the employees to submit the Bills directly to the TPA.  This should be stopped and suitable instructions should be given.

 

 

  1. There are instances of death occurring during treatment in hospital and if it happens to be Sunday or holiday, the hospital/TPA do not come to the rescue and the family is facing problems in getting the body of the patient in time.  Such things should not be allowed to happen.

 

  1. Instances have also come to our attention where certain treatments like Dialysis, etc. are disallowed by the TPA though covered by the Scheme and the employees are forced to pay the cost to the hospital.Hence our scheme should be properly implemented by the TPAs and employees should not be put into such hardship.

 

1

  1. In the case of Bills submitted to the Banks for domiciliary treatment, there are many complaints of undue delay by the TPAs and managements are not taking steps to liaise with them to expedite the claims.Special attention is required in this regard and necessary steps are to be taken.

 

  1. Though Corporate Buffer facility is available for claims over Rs. 3 lacs/Rs. 4 lacs, many Banks are yet to issue guidelines for utilisation/claims under the buffer limit.  This defeats the very purpose of the facility.IBA should advice all the Banks to issue proper instructions on utilisation of the corporate buffer amount.

 

 

  1. SCHEME FOR RETIREES TO COVER DOMICILIARY TREATMENT :  Though the Settlement and the Scheme provides for reimbursement of domiciliary treatment for the retirees, this has been denied by UIIC in violation of the scheme and IBA should ensure its implementation.Otherwise UFBU will be constrained to agitate on this issue.

 

 

In response, IBA informed  as under:

 

  • By and large, the Scheme is working well.
  • 37 Banks are covered by the Scheme relating to serving employees
  • 6,50,000 employees/officers are covered by the Scheme.
  • Total premium of Rs. 379 crores has been paid for this year.
  • During the current policy year i.e. from October, 2015, upto March, 2016, total of 1,02,603 claims for Rs. 168 crores have been settled and paid. 
  • So far 35 Banks have joined the scheme under retirees’ policy
  • 2.05 retirees are covered by the scheme now
  • Total premium of Rs. 123 crores has been paid
  • Upto March, 2016, 7,069 claims for Rs. 45.50 crores have been paid.

 

On the problems brought to their attention as mentioned above, IBA informed that they will take up all these issues with the UIIC/TPAs and also with all the Banks to ensure smooth implementation of the Scheme. 

 

 

Regarding coverage of domiciliary treatment under the scheme for the retirees, IBA informed us that they are fully seized of the issue and have taken up the matter with the top officials of UIIC and are awaiting a positive outcome and resolution of the issue.

 

b) Next Wage Revision   

 

IBA informed that in view of the Government guidelines, they would take up this issue, after the Balance Sheets of the Banks for the year ended 31-3-2016 are finalised.

 

c)  Follow up of pension related issues as covered by Record Note dated     

     25-5-2015:

 

  1. Revision in rate and quantum of Family Pension: IBA reiterated their standpoint that they are positively inclined to consider this demand by revising the rates and quantum of Family Pension. IBA, however, pointed out that unless the exact additional outgo is worked out and additional corpus required for the same is ascertained based on actuarial calculations, it would not be possible for them to commit anything at this stage.  It was further informed by them that the details have been called for from the Banks for this purpose.UFBU asked IBA to expedite the collection of the details so that the actuarial calculation exercise can be undertaken and expedited to take this issue forward.

 

2

 

  1. Periodical updation of Pension UFBU took up the demand of periodical updation/revision of pension along with every wage revision settlement. 
  2. IBA informed that this was a major issue and huge additional corpus fund has to be provided for meeting this demand which is not feasible in the present circumstances when the financial condition of the Banks are not good.It was insisted that this issue cannot be left like this and a way has to be found out to resolve the matter amicably. 

 

UFBU suggested that pending the exercise of ascertaining the cost, some adhoc increase in existing pension of the retirees can be considered and requested IBA to examine the same.  IBA replied that any revision in pension amount would have cost implications and hence cannot react on our suggestion without proper working out.

 

  1. Uniform DA formula for Pre-Nov. 2002 Retirees:  To this demand, IBA informed us that firstly, the issue is subjudice to be discussed as court cases are involved in the mater and secondly, the cost impact is to be worked out and if at all any consideration can be given, it can only be on a prospective basis.

 

2.  UFBU MEEETING

 

Thereafter, UFBU meeting was held under the Presidentship of Shri  K K Nair, Chairman of UFBU.

 

INCREASING ATTACKS ON PUBLIC SECTOR BANKING

 

The meeting took a review of the developments taking place in the banking sector on account of the various policy decisions of the Government like appointment of Banks Board Bureau, appointment of private sector Executives to head PSBs, proposals of consolidation and mergers, reduction in Government’s capital in PSBs, selective capitalisation of Banks, encouragement to private sector banking, allowing Small Banks and Payments to private corporates, privatisatioin of IDBI Bank, increasing bad loans in the Banks and concessions being given to defaulters, huge provisions towards NPAs and showing PSBs in poor light, privatisation of RRBs, etc. The meeting unanimously felt that these are anti-public sector banking measures to suit their agenda of privatisation of Banks and hence will have to be resisted and fought back.  It was decided that agitational programmes are to be undertaken to campaign amongst the people and to convey our opposition to these moves. 

 

ANTI-BANK PRIVATISATION DAY on 1st MAY, 2016: 

 

To begin with, it has been decided that the ensuing May Day on 1st May, 2016 should be observed as Anti-Bank Privatisation Day through posters, meetings, rallies, processions, etc. under the common banner of UFBU at all centres. It was also decided to address a letter to the Finance Minister drawing his attention to our viewpoints on these measures and urging upon him not to proceed with the same. Further programmes including strike actions will be decided in due course.

 

CALL FOR NATIONAL GENERAL STRIKE ON 2ND SEPTEMBER, 2016 BY CENTRAL TRADE UNIONS:

 

In the recent Trade Union Convention held on 30th March, 2016 by the Central Trade Unions, the call has been given to observe National General Strike on 2nd September, 2016 against the continued anti-labour policies of the Central Government and their proposals of anti-worker labour reforms. The meeting took note of this strike call.It was decided to discuss the matter further in the next meeting of the UFBU.

 

3

 

NEXT MEETING OF UFBU ON 11th May, 2016:

 

It has been decided to hold the next meeting of the UFBU at Hyderabad on 11th May, 2016 to chalk out further agitational programmes.

 

INTER-ZONAL RETRANSFER - 2016

 

We are happy to  inform that  our  Bank has commenced the process for Inter-Zonal Retransfer – 2016. In terms of the Plan, the following categories of willing Officers will be transferred/re-transferred:

 

  1.                         i.         Inter-Zonal Transferee Officers who have completed/will be completing 3 years of tenure as on 31st August,2016.

 

  1.                        ii.         DROs who have completed/will be completing 5 years of tenure as on 31st August,2016.

 

With greetings,

 

                                                                                                           Yours sincerely,

 

                                                                                                        (K.K.NAIR)

                                                                                              GENERAL SECRETARY

 

 

PLEASE CIRCULATE AMONGST ALL OFFICER-COLLEAGUES

 

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

 

 

 

 CIRCULAR TO MEMBERS NO.4 OF 2016                                                       6th April,2016

 

 

 

Dear Members,                        

 

                            RE: 1. Promotion Exercises–JM G/S:I to MMG/S:II & MM G/S:II to III -

 

                 Last Date for Submission of Applications ‘on line’ extended.

 

              2. Promotion Exercise from MM G/S:III to SM G/S:IV.                         

 

-----o0o-----

 

 As you are aware, our Bank has commenced  Exercise for Promotions - 2016-17 - from JM GS/:I to MM G/S:II and MM G/S:II to MM G/S:III and the last date for submission of ‘on line’  applications by the eligible officers  was fixed on 6th April,2016.However, due to connectivity issues, officers have not been able to submit the said applications online. Upon taking up this issue with the Management, they have now agreed to extend the last date and accept the applications ‘on line’ upto Monday, 11th April,2016. Other terms and conditions will remain the same.

 

 

 

Exercise for Promotion from MM G/S:III to SM G/S: IV

 

Our Bank has also commenced the exercise for promotion from MM G/S:III to SM G/S:IV. Major highlights are as under:

 

 

 

1. No. of Vacancy

 

  • 557       

 

 

2. Eligibility - Cut off Date

 

 

 

  • 1st April, 2016.

 

 

 

3. Service Eligibility

 

 

 

  • 2 years  & 6 months ( After Relaxation)

 

 

 

4. Relaxation in Service Eligibility

 

 

 

  • 6 months

 

 

 

 

 

6. Submission of Applications – Last Date

 

 

 

  • Submission of applications, ‘on line’ through HRnes – HRMS will begin on 11th April,2016 and end at 11.59 pm on 25th April,2016.

 

 

 

7. Selection Process

 

 

 

  • Computer Literacy & Knowledge Test. However, those who have qualified in the said test earlier are exempted.
    • Performance, Group Discussion & Personal Interview.

 

 

 

We take this opportunity to convey that all eligible officers must participate in the Promotion Exercise. We also take this opportunity to convey our Best Wishes to all candidates appearing for promotions from MM G/S:III to SM G/S:IV.

 

 

 

With regards,

 

                                                                                             Yours sincerely,

 

 

 

                                                                                                (K.K.NAIR)

 

                                                                                       GENERAL SECRETARY

 

 

 

PLEASE CIRCULATE AMONGST ALL OFFICER-COLLEAGUES



 

 

 



CIRCULAR TO MEMBERS NO.3 OF 2016                                                        28th March,2016

 

Dear Members,   

                    

                                   RE: Exercise for Promotions – 2016-17

                                        -----o0o-----

We are happy to inform that our Bank has now commenced the long awaited exercise for promotions to Middle Management Grade/Scale:II and III. Major highlights of promotions to Middle Management Grade/Scale:II and III are as under:

 

1. Vacancy

       Grade/Scale

 

No. of Vacancy

 

       MM G/S:II                    

:

2130

       MM G/S:III

:

1174

 

2. Eligibility - Cut off Date

     

       1st April,2016.

                                                 

3. Service Eligibility (after relaxation)

 

 

  • Under Normal/Seniority Channel

:

3 years & 6 months

 

  • Under Merit/Fast Track Channel  

:

2 years & 6 months

 

4. Relaxation in Service Eligibility

 

 

  • Under Normal/Seniority Channel

:

18 months

 

  • Under Merit/Fast Track Channel  

:

  6 months

 

5. Rural/Semi-urban Service

 

The candidates who are otherwise eligible to participate in Promotion Exercises for Grade Scale:II & III but have not completed requisite Rural/Semi-urban service, will be allowed to appear in the exercise but  on being promoted will immediately be posted in Rural/Semi urban branches to complete the said tenure. However, promotion of such officers will be effective from the date of declaration of result and they will be eligible for Pay and Perquisites from the date of promotion and will exercise the powers of promoted Grade/Scale. Further, such officers would not be eligible for future promotion till the completion of the 2/3 years of service at Rural/Semi Branches, as applicable.

 

6. Submission of Applications – Last Date

 

Submission of applications, ‘on line’ through HRnes – HRMS will begin on 29th March,2016 and end at 11.59 pm on 6th April,2016.

 

7. Written Test

 

Written Test will be conducted ‘on line’ on Sunday,24th April,2016.(CHANGED TO 23RD)

 

We take this opportunity to convey to all eligible officers our desire that each one of them must participate in the Promotion Exercise. With Best Wishes and Regards,

 

                                                                                                     Yours sincerely,

 

                                                                                                                  ( K.K.NAIR)

                                                                                                     GENERAL SECRETARY                                                                                                                                            

PLEASE CIRCULATE AMONGST OFFICER-COLLEAGUES



 CIRCULAR TO MEMBERS NO.2 OF 2016                                              13th February,2016   

 

Dear Members,                        

 

                          RE: Scheme for Compassionate Appointment or Payment  of

                                  Ex-gratia Financial Relief to Dependents of Deceased

                                  Employees – Modification in the existing Scheme.

                                                              ---o0o---

 

We had, vide our Circular No:19 dated 9th August,2014, informed you  that the Government of India, Ministry of Finance, Department of Financial Services, based on the representation made by UFBU, accorded its approval to re-open the Scheme of Compassionate Appointment in Public Sector Banks on the lines of Central Government  with effect from 5.8.2014.Accordingly, the Government sent its communication to IBA on 7.8.2014. Our Bank strangely adopted and circulated the said Scheme more than 8 months later, on 17.4.2015.

 

It was, however, observed  that the features of the Scheme adopted by the Bank was not in conformity with the Government/IBA guidelines and contained several lacunas, which resulted in rejection of a large number of  cases, thereby depriving the  legal heirs for compassionate appointment  in our Bank. We had accordingly, represented to the Management insisting on necessary modifications in the Scheme.Since there was no positive response from the Management, the issue was again taken up as an agenda for discussions by us in the Structured Meeting held at BCC, Mumbai on 29.9.2015. However, the stand of the Management continued to be negative.We continued to insist that the Scheme must be modified and revised based on the Government guidelines.We even submitted a comparative analysis  containing the Government guidelines  alongwith  the gist of the guidelines adopted by our Bank  vis-a-vis other peer  Banks. We continued our persuasion.

 

We are now pleased to inform you that based on our representation, the Bank has now revised the Scheme for Compassionate Appointment or Payment of Ex-gratia Financial Relief  by a decision taken by our  Bank’s Board on 13th February,2016.The Scheme now has been modified on the lines of the Government guidelines in toto and this will  benefit  the dependents of the deceased employees and also who retires on medical ground. Further, as a result of the modified Scheme,76 cases will be reconsidered now for Compassionate Appointment/Financial Relief  by the Bank.

 

We take this opportunity to thank Shri P.S.Jayakumar,Managing Director & CEO of our Bank for his compassionate approach which made the above possible.                    

 

With greetings,

 

                                                                                              Yours sincerely,

 

 

                                                                                                  (K.K.NAIR)

                                                                                       GENERAL SECRETARY

 

PLEASE CIRCULATE AMONGST ALL OFFICER-COLLEAGUES

 

CIRCULAR TO MEMBERS NO.1 OF 2016                                                       1st January, 2016   

 

Dear Members,                   

    

Re: New Year Greetings - 2016

----o0o----

 

The eventful year 2015 has come to an end and the New Year 2016 has dawned ushering in fresh hopes and aspirations. We wish you and your family a Happy and Prosperous New Year. Let us all welcome this New Year with full of confidence, determination and enthusiasm to reach our goals - growth of our Bank and welfare of our officers’ fraternity, in tune with our avowed philosophy of “Grow with the Bank”.

 

The year just concluded witnessed fulfillment of our pledge to accomplish an excellent Wage Revision. The new Settlement reached on 25th May,2015, is historic and unique. After prolonged struggles, including strike actions, we could register the highest ever increase in wages with innovative introduction of Special Allowance with DA thereon   and  Medical  Insurance Facility with 100% reimbursement of medical expenses available even after retirement. One of the several distinguishing features of this Settlement has been declaration of IInd & IVth Saturdays as holidays. These achievements were made possible due to the united efforts of all Bank employees rallied under the banner of UFBU. We are currently engaged in resolving certain other issues indicated in the Charter of Demands.

 

In our Bank, during the last year, we could settle certain issues viz. improvements in Conveyance Expenses, Furniture & Fixtures Scheme, Rental Ceilings for leased Accommodation, Reimbursement of Refreshment Expenses in lieu of Canteen Subsidy and Second Housing Loan Scheme. Above all, for the first time in our Bank, we could get Branch Head Role Perquisites, a new Scheme, introduced for Branch Heads. With regard to promotions we could get a large number upto Scale: IV. This will go a long way for career progression of our young officers. We are pursuing with the Bank pending issues such as Reimbursement of House Maintenance Expenses at par to all officers, Payment of Officiating Allowance below Branch Heads, urgent need to put an end to the unsurmountable pressure on officers and quite a few other issues.

 

The year 2015 was also a memorable year for our Bank. S/Shri Ravi Venkatesan & P.S.Jayakumar, Professionals of high eminence, took charge of the Bank as Chairman  and MD & CEO respectively. We take this opportunity to welcome and congratulate S/Shri Ravi Venkatesan and P.S.Jayakumar and extend our unstinted support and co-operation in all their endeavours to take our Bank to further heights of progress and glory.

 

With greetings,

 

                                                                                   Yours sincerely,

                                                                                          

                                                                                       (K.K.NAIR)

                                                                             GENERAL SECRETARY     

 

 

PLEASE CIRCULATE AMONGST ALL OFFICER-COLLEAGUES

 





CIRCULAR TO MEMBERS NO. 14 OF 2016                                                   10th August,2016

 

Dear  Members,

 

                                 Re: 1. Promotions to various Grades/Scales -  2016

 

       2. Inter-Zonal Transfer/Retransfer Plan   -   2016

 

                                                                     ----o0o----

 

Our Bank has since completed a massive exercise for promotions to various Grades/Scales ranging from MM Grade/Scale:II to Executive Grade/Scale:VII.The details of promotions upto Grade/Scale:IV are furnished below:

With greetings,

 

                                                                                                                Yours sincerely,

 

 

 

                                                                                                                    (K.K.NAIR)

 

                                                                                                         GENERAL SECRETARY