Wage Revision For Bank Employees

WAGE REVISION FOR BANK EMPLOYEES

UFBU/GOVT/2013/22 Date : 22.10.2013

To
The Secretary,
Department of Financial Services
(Banking Division),
Ministry of Finance,
Government of India,
NEW DELHI.

Dear Sir,

WAGE REVISION FOR BANK EMPLOYEES

With reference to the above, we bring to your kind notice that the wages of workmen and officer employees of all banks at Industry level are due for revision effective from 1st November 2012 and all the unions/associations operating in the banking industry have submitted the Common Charter of Demands for Tenth Bipartite Wage Settlement to Indian Banks’ Association during October 2012.

In this regard, we have to inform that despite expressing our concern to the Indian Banks’ Association for not holding the bipartite meetings at regular intervals and undue delay in the process of negotiations, no significant progress is made towards revision of wages in the banking industry even though more than a year has lapsed since submission of our charter of demands.

The employees are also becoming restive due to inordinate and undue delay in the process of negotiations. Hence, the constituent unions of United Forum of Bank Unions (UFBU) had called for demonstrations by bank employees in all State Capitals and other major centres on 22nd October 2013 demanding expeditious wage settlement. Accordingly, demonstrations were held today in all State Capitals and other major centres with full participation of bank employees expressing their dissatisfaction over the sluggish movement in the process of wage revision negotiations.

In the circumstances, considering the legitimate and just demand of bank employees, we seek your kind intervention in the process of wage negotiations and request you to ensure speedy process of wage revision for early conclusion.

Thanking You,
Yours faithfully,
Sd.. M V Murali
Convener

Some Comments collected from Facebook on Wage revision progress are as follows:--

IBA, its your time to act fast:

Perform or Perish. Stop all your Delaying Tactics immediately. We are sparkling, it may give light (Successful Wage and Pension hike) to all or it may ignite a big Fire too. Fire we mean Indefinite Strike.

IBA is Deaf, Dumb and Adamant too. IBA should be scrapped immediately and all things (Infrastructures and all Staffs there-in) must be handed over to RBI, being our Bankers' Bank of last resort. IBA is a Big Waste Body without any life in it. We do not need any such dummy which can not understand the Voices of Bankers working for India's Sustainable Economy, and failing to understand what is Socio-economic issues put forth by the then, Late Prime Minister, Smt. Indira Gandhi on 19 th July 1969, for all citizens, including we bankers too, as we are also Indian citizens. 

Our BPS was Due on 01.11.2012 and can they (IBA) not call us and settle our Wage Revision timely on their own ! Is this not their a moral responsibility ? What for they are holding Costly Offices, They all can sit in their respective Head Offices' Chambers. Why they fail to discharge their duties in time, towards all working and Retiree bankers too, by giving time to time reminders to MOF. Govt. can save on their establishment and maintenance cost if these offices are defunct /scrapped and let be transferred all, by handing over to RBI and they are just sitting there to please MOF for their Chairs. Are they paying 80 Rs extra to us to buy one Kg of Onions for which we are paying Rs.100/- now. I am sure there are many many congress men here who may do all needful and pass our message to this all deaf and dumb IBA /MOF too. We are pursuing by all means through this free Media, Its our right to express our burning thoughts, is not a crime certainly. Even one Vote count to win an Election. So Mr. Rahul Gandhi will certainly not loose precious Votes of we all with 5,00,000 Golden Votes.

Prof.M.R.Badi, Bangalore

Dear Rahul,

 Hope you will settle soon this Bankers' 10th Bipartite of Wage Revision and suitably instruct your MOF and in turn to IBA too along with all Welfare measures for working staffs and for retirees too. One Rank one Pension to all Bank Retirees is must. 100% DA too is must. 5-Days week Banking and in the memory of your Nani, Late Smt Indira Gandhi, a Great first Lady Prime Minister of India make 19th July a special National Banker Day to up-keep 20-Points Socio-Economics Programme. We all want to celebrate this day every year. I am sure you will get 13,00,000 votes Surely, as 9,00,000 from working and 4,00,000 all Retirees from all Banks. With trust and confidence I have conveyed you as many Retirees are struggling a lot in courts all over India for Pension. Kindly make Minimum Pension rs.15,000 and Family Pension Rs.10,000 per month looking towards this Price rise. Let all retirees live peacefully with dignity and with good health. All will bless you to win and rule this country for next 40 years ahead. If not all at least 5,00,000 votes are certain. Please respond to my post. Do you want and like that our super and Senior citizen bankers to fight in the court of law for their pension ? Also remember your Nani nationalized 20 banks and your Mom Mrs Sonia Madam is after De-nationalizing mood. please ask her to stop this. Awaiting reply. 

Wish you all good Luck. 

Prof.M.R.Badi, Ex-Banker Bangalore, mohanbadi@gmail.com /professorbadi@yahoo.com