Demonstration By Bank Staff On 22nd October 2013

ALL INDIA BANK OFFICERS' ASSOCIATION

CircularNo.16/VI/2013

October 12, 2013

TO                                                                                                                

ALL UNITS/STATE COMMITTEES

Comrades

                  > WAGE REVISION 5^TH ROUND

      >NO HEADWAY MADE  ON LOAD FACTOR

               > DEMONSTRATION ON 22 -10-2013

The 5^th round of Wage talks on 11-10-2013 was held at IBA Office , WTC Cuffe Parade, Mumbai.The IBA team was headed by Sri R K Dubey , Chairman Core Group under Negotiating Committee , Sri Balakrishna V Chabubal DMD of State Bank of India, Sri S K Das, ED Bank of Baroda, Sri Rakesh K Sethi , ED PNB, Sri K Unnikrishnan, DY CEO, IBA besides the IBA Officers associated with the back up team.  Eleven Unions’ representatives were present in the discussions.

2.         Preceded by this meeting , was the meeting of 9 unions at the Office of All India State Bank of India Staff Federation, 2^nd Floor State Bank of India H Q Nariman Point Mumbai to draw the collective and cohesive plan of presentation of views of all the participants.  The issues taken up for discussion were

 a)        Hospitalisation Scheme IBA Proposal,

 b)       Compassionate ground appointment Status

 c)        Uniform holidays cheque truncation system (CTS)

 d)       Wage Load ,

 e)        Expeditious conclusion of  talks

 f)         Increase in the number of participants in the negotiation

 g)       Change in the D A Pattern  - Index and also monthly payment  of

per point rise

 h)       keeping the  superannuation cost outside the wage calculation etc 

 i)         Officers’ Unions’ demand of negotiating for all the officers up to scale VII instead of upto  scale III as proposed by  IBA and

 j)         5days a week.

3.         As per the practice of IBA, the meeting was used to be held in three sessions  i.e. one common session with all the eleven unions, one exclusive session with Officers unions’ and the next one with workmen unions’ with a lunch break.  But this time it was clubbed to only one session spreading over a period 120 minutes from 12.15 hours.

4.         IBA side was more keen to have a dialogue reinitiated on hospitalisation scheme along with the response to the clarifications sought by the unions and also to draw up the components for filling up the “wage  basket” for proceeding further in the wage talks.

5          Since the entire exercise was more of sharing informations and viewpoints from both the sides, with no conclusive decision on issues raised by us with particular reference to wage load in the background of external developments taking place like appointment of 7^th pay commission ahead of the commencement day ie 1 1 2016 and the Port and Dock workers issues getting underway, it was felt necessary that the participating unions are forced to the wall to pursue the path of agitation as   “ united struggles can alone provide the progress in the matter”.

6.         Assessing the mood and the restiveness of the rank and file , it was decided by the 9 Unions to hold a demonstration on the Tuesday, the 22-10-2013 at all the State Capitals and Major centres with  a single point agenda of“Expeditious wage settlement”.

7. AIBOA,  directs all State Committees and affiliated units to participate in the demonstration to be held on 22-10-2013 (Tuesday) throughout the country and make it a grand success.

With greetings

 

Yours comradely

/S NAGARAJAN/

GENERAL SECRETARY

http://www.aiboa.org/news.html

Chidambaram to meet bank chiefs on Oct 22

K. R. SRIVATS

NEW DELHI, OCT. 17:  

Finance Minister P. Chidambaram will meet chief executives of public sector banks (PSBs) here on October 22. Indications are that he would review the performance of these banks at this meeting.

Given the economic slowdown, Chidambaram is also expected to discuss the Government plan to infuse additional capital to help lower the borrowing cost for customers for purchase of two-wheelers and consumer durables.

The recent factory output data for August 2013 showed weakness in the capital goods and consumer durables segments. Output in both these categories contracted.

Budget 2013-14 had promised capital infusion of Rs 14,000 crore in various public sector banks. The Finance Ministry is yet to disburse this amount.