Posts Tagged ‘Bank strike’

Two day strike Banking ops partially affected due to trade union strike

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Two day strike Banking ops partially affected due to trade union strike

Banking operations Tuesday have been affected in some parts of the country as a section of employees refrained from work in support of the two-day strike call given by 10 central trade unions to protest against alleged anti-labour policies of the government.

All India Bank Employees’ Association (AIBEA) and Bank Employees’ Federation of India (BEFI) have supported the strike, which has impacted banking operation where these two unions are strong.

However, the operation in SBI and private sector banks remained unaffected as other seven unions in the banking sector are not part of the strike.

Many public sector banks have already informed their customers about likely impact on services if strike materialises.

“If the strike materialises, a section of the bank’s employees may take part in the proposed strike on the said dates, in which case, the normal functioning of the branches/offices of the bank may get affected,” Indian Bank said in a statement.

A two-day strike on January 8 and 9 has been called by the central trade unions against the alleged repressive policies for workers adopted by the government.

Source: PTINews

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Be the first to comment - What do you think?  Posted by admin - January 8, 2019 at 12:23 pm

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Payment of Salary to Central Government Employees on 29th May 2018 due to Bank Strike

Payment of Salary to Central Government Employees on 29th May 2018 due to Bank Strike : MoF Order

Office of the
Controller General of Accounts
Ministry of Finance
Department of Expenditure
Mahalekha Niyantrak Bhawan
E Block, INA, New Delhi

No. S-l1012/2/3(17)/RBl/2015/GBA/625-706

21st May 2018

Office Memorandum

Subject:- Payment of Salary to Central Government Employees on 29th May 2018 due to bank strike called by United Forum of Bank Unions.

It has come to the notice of this office that United Forum of Bank Unions (UFBU) has called for a nationwide bank strike on 30th and 31st May 2018. Banks are likely to remain closed on that days and even files for the e-payment of salary for the month of May 2018, which is due for 31st May 2018, may not get processed, resulting in delay in disbursal of salary to Central Government Employees.

2. All the Pr. CCAs/CCAs/CAs (Independent Charge) are, therefore, advised to consult their accredited banks in this regard and if any delay is foreseen in disbursement of salary on 31st May 2018 by the accredited banks, due to strike, necessary instructions may be issued to all the field PAOs/DDOs to upload salary payment files of Central Government Employees with NPB date as 29th May 2018 (last working day for bank, if strike materializes), and ensure that same reaches the banks latest by 25th May 2018.

3. This issues with the approval of Competent Authority.

(Anupam Raj)
Asstt. Controller General of Accounts (GBA)

Source: CGA

Be the first to comment - What do you think?  Posted by admin - May 22, 2018 at 12:20 pm

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AIBEA: Government Issues Notification On Associate Banks Merger

AIBEA: ALL INDIA BANK EMPLOYEES’ ASSOCIATION

CIRCULAR No. 28/5/2017/5

23-2-2017

TO ALL UNITS AND MEMBERS:
Dear Comrades,

Government issues Gazette Notification
On closure of Associate Banks and
Merger with SBI w.e.f. 1st April, 2017.
Protecting our members in the Associate Banks – need of the hour
Clarion call from AIBEA’s All India SBI Emp. Association

Our units and members are aware of our prolonged and principled opposition to the process of consolidation and merger of Associate Banks with SBI. There have been innumerable struggles and strike actions on this issue in the last more than a decade. Especially, when there were attempts to close the remaining 5 Associate Banks for merger with SBI, there have been very intensified agitations and progrmames. Our units and members in the Associate Banks have also led many struggles including number of strike actions.

There have been nationwide campaign on this issue because the move to close down the Associate Banks was totally unwarranted, rather there was a genuine need to delink these Banks from SBI and make them autonomous. For a long time, these Banks have been subjugated to the total whims of SBI and hence the real growth of the Associate Banks was in fact thwarted. Many Banks which were smaller in size than these Associate Bank have grown much bigger now. But our demand for delinking Associate Banks from SBI was deliberately ignored and played down by the successive Governments.

However, in the name of Banking sector reforms, privatisation and consolidation have continued to be their agenda and as a part of it, the Associate Banks have been their target. Making SBI a global player has been their fanciful idea notwithstanding the fact that it is neither prudent nor required for Indian situation. Ignoring all our viewpoints, opposition of various political parties, etc. the Government has gone ahead with their decision and after giving final Cabinet clearance few days ago, have now notified the merger with SBI w.e.f. 1st April, 2017.

With this development and reality, the need has now arisen to take all efforts to protect the interests of our membership in the Associate Banks. AIBEA’s union in SBI: Our units are aware that already we have our union in SBI viz. ALL INDIA STATE BANK OF INDIA EMPLOYEES ASSOCIATION.

It has been decided that all our units and members in SBT, SBM, SBBJ, SBH and SBP will be affiliated to this union and thus we will have a stronger AISBIEA with nearly 50,000 members all over the country under the banner of AIBEA. It will be the biggest bankwise Union under the banner of AIBEA.

AISBIEA is shortly meeting to decide on all further steps to consolidate our organisation in the changed scenario after the merger with SBI and to take all steps to protect the interests of our members in the Associate Banks so that no injustice will be done to our members in any manner consequent to the merger.

With greetings,
Yours comradely,
C.H. VENKATACHALAM
GENERAL SECRETARY

Source: http://aibea.in/

Be the first to comment - What do you think?  Posted by admin - February 27, 2017 at 11:56 am

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Disbursement of salary for the month of February 2017 on 27th February 2017 on account of nation-wide bank strike on 28th February 2017

Disbursement of salary for the month of February 2017 on 27th February 2017 on account of nation-wide bank strike on 28th February 2017.

F.No.S-11012/2/3(17)/RBI/2015/RBD/74-124
Government of India
Ministry of Finance, Department of Expenditure
Controller General of Accounts
Mahalekha Niyantrak Bhawan,
E-Block, GPO Complex, INA. New Delhi-110023
Tel: 24665384, Fax: 24649365 E-mail: sao-rbd@nic.in

Dated 23rd February 2017

Office Memorandum

Subject: Disbursement of salary for the month of February 2017 on 27th February 2017 on account of nation-wide bank strike on 28th February 2017.

The United Forum of Bank Unions (UFBU) has given a nationwide strike call on 28th February, 2017. Banks are likely to remain closed on that day and even files for the e-payment of salary for the month of February 2017 which is due for 28th February, 2017 may not get processed resulting in salary of Central Government employees not being disbursed on 28th February 2017.
There being banks holidays on account of Maha Shivaratri (24th February, 2017) at many places, 4th Saturday (25th February, 2017) and Sunday (26th February, 2017), Hence, salary e-payment files processed on PFMS/COMPACT should be uploaded today i.e. 23rd February, 2017 with NPB of 27th February, 2017. If such files have already been uploaded with NPB of 28th February, 2017 the same also would need to be changed to facilitate payment of salaries on 27th February, 2017.

All Ministries/Departments are requested to take necessary action to upload their salary payments e-files latest by 23rd February, 2017 with NPB of 27th February, 2017 so that salary to the Central Government employees are paid in time.

All accredited banks are also requested to follow the above directions and release the salary for the month of February 2017 on 27th February 2017.

(Neeraj Kumar Sharma)
Dy.Controller General of Accounts(RBD)

Authority: http://cga.nic.in/

Be the first to comment - What do you think?  Posted by admin - February 24, 2017 at 10:18 am

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Disbursement of salary for the month of February 2017 on 27th February 2017

Disbursement of salary for the month of February 2017 on 27th February 2017 on account of nation-wide bank strike on 28th February 2017.

F.No.S-11012/2/3(17)/RBI/2015/RBD/74-124
Government of India
Ministry of Finance, Department of Expenditure
Controller General of Accounts
Mahalekha Niyantrak Bhawan,
E-Block, GPO Complex, INA. New Delhi-110023
Tel: 24665384, Fax: 24649365 E-mail: sao-rbd@nic.in

Dated 23rd February 2017

Office Memorandum

Subject: Disbursement of salary for the month of February 2017 on 27th February 2017 on account of nation-wide bank strike on 28th February 2017.

The United Forum of Bank Unions (UFBU) has given a nationwide strike call on 28th February, 2017. Banks are likely to remain closed on that day and even files for the e-payment of salary for the month of February 2017 which is due for 28th February, 2017 may not get processed resulting in salary of Central Government employees not being disbursed on 28th February 2017.

There being banks holidays on account of Maha Shivaratri (24th February, 2017) at many places, 4th Saturday (25th February, 2017) and Sunday (26th February, 2017), Hence, salary e-payment files processed on PFMS/COMPACT should be uploaded today i.e. 23rd February, 2017 with NPB of 27th February, 2017. If such files have already been uploaded with NPB of 28th February, 2017 the same also would need to be changed to facilitate payment of salaries on 27th February, 2017.

All Ministries/Departments are requested to take necessary action to upload their salary payments e-files latest by 23rd February, 2017 with NPB of 27th February, 2017 so that salary to the Central Government employees are paid in time.

All accredited banks are also requested to follow the above directions and release the salary for the month of February 2017 on 27th February 2017.

(Neeraj Kumar Sharma)
Dy.Controller General of Accounts(RBD)

 Authority: http://cga.nic.in/

Be the first to comment - What do you think?  Posted by admin - February 23, 2017 at 11:22 pm

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Section of bank employees threaten nation-wide strike on Feb 7

Section of bank employees threaten nation-wide strike on Feb 7

New Delhi: A section of bank trade unions have threatened to go on a day-long nation-wide strike on February 7 to press various demands including complete removal of restrictions imposed during demonetisation period and safeguarding the autonomy of the Reserve Bank of India.

“It was expected that the government and the RBI would take necessary steps to mitigate the problems faced by the banks and the public but even now, we find that there is acute shortage of cash supply to the banks with the result that branches are not able to honour even the restricted payment of Rs 24,000/100,000 per week,” AIBEA General Secretary C H Venkatachalam said.

Apart from All India Bank Employees’ Association( AIBEA), other unions which will be part of the strike are All India Bank Officers’ Association (AIBOA) and Bank Employees Federation of India.

Unions are also demanding publishing names of individuals who have defaulted in paying loans of Rs 1 crore and above so that stringent measures could be taken to recover bad loans.

Other demands of banks include ensuring autonomy of RBI in cash management, compensation to family of general public, bank customers and bank staff who lost their lives in the demonetisation aftermath and payment of overtime to employees and officers for their additional effort during the 50-day demonetisation period.

He added that the government is interfering by appointing officials to monitor cash management which is affecting the autonomy of RBI. Cash management falls under the sole jurisdiction of RBI, he said.

“Humiliated” by the events since demonetisation, even RBI employees had written to Governor Urjit Patel protesting the operational “mismanagement” of the note ban exercise and the government impinging the apex bank’s autonomy.

In a letter, the employees said that the autonomy and image of RBI has been “dented beyond repair” due to mismanagement and termed the appointment of a senior Finance Ministry official for currency coordination as a “blatant encroachment” of the RBI’s exclusive turf.

PTI

Be the first to comment - What do you think?  Posted by admin - January 20, 2017 at 3:44 pm

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Payment of Salary to Central Government Employees on 28th July, 2016 instead of 29th July, 2016 due to bank strike called by UFBU

Payment of Salary to Central Government Employees on 28th July, 2016 instead of 29th July, 2016 due to bank strike called by UFBU.

The Controller General of Defence Accounts
Ulan Batar Road, Delhi Cant-10

No.A/II/11101/Misc. Corrs./Vol-III

Dated : 27/07/2016

To,
All PCsDA/PCA(FYS)/CsDA
AO(DAD)
AN-IV (Local)

(Through CGDA website)

Subject : Payment of Salary to Central Government Employees on 28th July, 2016 instead of 29th July, 2016 due to bank strike called by UFBU.

Reference : CGA Office Memorandum No.S-11012/2/3(17)/RBI/2015/RBD/1144-1227 dated 26.07.2016

A copy of CGA 0M bearing No.S-11012/2/3(17)/RBI/2015/RBD/1144-1227 dated 26.07.2016 regarding payment of Salary to Central Government Employees on 28th July, 2016 instead of 29th July, 2016 due to bank strike called by UFBU is forwarded herewith for immediate compliance.

All concerned Officers are requested to make arrangements for payment of salary on 28.072016

This has approval of Jt. CGDA (A&B)

MOST IMMEDIATE
BY FAX/E.MAIL

S-11012/2/3(17)/RBI/2015/RBD/1144-1227
Government of India
Department of Expenditure
Controller General of Accounts
Lok Nayak Bhawan, Khan Market,
New Delhi-110511, Telefax : 011- 24649365
Email : sao-rbd@nic.in

Dated : 26-07-2016

OFFICE MEMORANDUM

Subject : Payment of Salary to Central Government Employees on 28th July, 2016 instead of 29th July 2016 due to bank strike called by UFBU.

It has come to notice of this office that United Forum of Bank Unions (UFBU) has called for a nation wide bank strike on 29,07,2016. This day being the last working day of the month for payment of salary ti all central government employees, it has been decided that Salary for the month of July 2016, be paid to the Central Government employees on 28.07.2016

All Ministries/Departments are requested to payment of salary to their employees on. 28th July 2016.

sd/-
(Sandeep Pai)
Sr. Accounts Officer (RBD)

Authority: http://cgda.nic.in/

Be the first to comment - What do you think?  Posted by admin - July 28, 2016 at 9:34 am

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Nationwide Bank Strike for 2 days starting tomorrow

Bank Strike – The government is diverting the attention of the people by such steps like privatisation and consolidation as a means to improve efficiency and profitability of the banks.

Nationwide Bank Strike for 2 days – All India Bank Officers’ Association and State Sector Bank Employees’ Association will also participate in the strike.

Banking operations could be hit for two days this week as a section of public sector bank employees have threatened to go on a nationwide bank strike beginning July 12 to protest against the proposed merger of SBI associates and privatisation of IDBI Bank.

“As the conciliation meeting with the Chief Labour Commissioner failed, we would continue with our strike call,” All India Bank Employees’ Association General Secretary C H Venkatachalam told PTI.

All India Bank Officers’ Association and State Sector Bank Employees’ Association will also participate in the strike. The strike would be observed by five SBI associate banks on July 12, followed by other public sector banks next day on July 13.

In the event of the Bank strike taking place, the normal banking operations may get affected on July 12 and July 13, State Bank of Mysore said in a statement. Services like cheque clearances, cash deposit and withdrawal at bank branches and other facilities would affected too in case of the strike.

Venkatachalam said unions have explained the issues involved in Bank strike notice in detail as to why the proposed closure of Associate Banks and their merger with SBI, proposed privatisation of IDBI Bank and so on are unwarranted. He emphasised that effective measures to recover the alarmingly increasing bad loans is the real top priority for banks.

“We stated that instead of taking stringent measures against wilful and deliberate defaulters, the government is diverting the attention of the people by such steps like privatisation and consolidation as a means to improve efficiency and profitability of the banks,” he said.

Source: DNA

Be the first to comment - What do you think?  Posted by admin - July 11, 2016 at 5:46 pm

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AIBOA Strike on 12th and 13th July 2016

AIBOA  Strike on 12th and 13th July 2016

ALL INDIA BANK EMPLOYEES’ ASSOCIATION
Singapor Plaza, 164, Linghi Chetty Street, Chennai-600 001
ALL INDIA BANK OFFICERS’ ASSOCIATION
A.K.Nayak Bhavan, 14, 2nd Line Beach, Chennai-600 001

CIRCULAR TO ALL UNITS

16th June, 2016

Dear Comrades,

AIBEA-AIBOA decide to plunge into immediate action to oppose attempts to denigrate Public Sector Banks and to protest against proposed merger and consolidation of Banks with a view to divert the people’s attention from the Himalayan bad loans in Banks .

12th July, 2016 – All India Strike in 5 Associate Banks

13th July, 2016 – All India Strike in ALL BANKS

All our units and members are aware of the increasing attacks being heaped on the public sector banks and the challenges faced by the PSBs.

In the name of banking sector reforms, the attempt is to privatise the Banks and hand them over to the private corporates to enable them to further loot the precious savings of the people.

The attempt is to consolidate the Banks to make them bigger with a view to globalize them instead of expanding the Banks and reach the common people within our country.

Already our Banks are bleeding due to alarming increase in bad loans, thanks to the deliberate default by the corporates and big business enterprises. Instead of taking tough measures to book the culprits and recover the loans, efforts are taken to hand over the banks to very same defaulters.

It is very clear that all their talks of banking reforms and proposals of merger and consolidation are only a ploy and game plan to divert the attention of the people from the massive bad loans in the Banks.

Our country needs strong public sector banks and not necessarily big banks or global-sized banks. Our country needs banking expansion and not consolidation of banks and shrinkage of banking services to people.

The focus should be the alarming increase in bad loans to the tune of about R. 13 lac crores. The efforts should be to recover the money by taking stringent measures and not hush it up through provisions, write-offs, CDRs and SDRs.

If the loans have been sanctioned wrongly, action should be taken on the concerned Executives. If the borrower has cheated the Banks, criminal action should be taken against the defaulter.

Providing for the bad loans, clean-up of Balance Sheet and making the Banks to incur the losses is not the solution to the problem. It is obvious, all these are only diversionary tactics to escape from the accountability for the huge bad loans.

Kingfisher Mallya is only the tip of the iceberg. There are many more sharks in the ocean of bad loans in the Banks. Why the list of defaulters is not being published by them? Why criminal action is not taken on the willful corporate defaulters? Why all velvet treatment to them? Why the attempt to convert the bad loans as equity investment in these defaulter companies? Is it the corporate governance and good governance policy of the Government ?

In IDBI Bank, 10 years ago, about Rs.9000 crores of bad loans were taken out of their books. Now another Rs. 19,000 crores is the bad loan. Instead taking action to recover these bad loans, the Government wants to privatise and sell the Bank to the very same private sector which is responsible for these huge loan default in IDBI Bank.

Hence AIBEA and AIBOA have decided to plunge into immediate action to oppose attempts to denigrate Public Sector Banks and protest against proposed merger and consolidation of Banks with a view to divert the people’s attention from the Himalayan bad loans in Banks.

Programmes

20th June Demonstrations in all centres all over the country
30th June Dharna in all State Capitals
12th July All India Strike in the 5 Associate Banks
13th July All India Strike in all the Banks

Comrades, while we are proud that we fought and achieved nationalisation of Banks, it is equally our duty to fight against the attacks on public sector banks. People’s money cannot be allowed to be looted like this. Public Sector Banks should be saved. They are nation building institutions. They must remain so.

It is time to move, time to fight. We exhort all our units and members to carry out the programme successfully and make the strikes a total success.

With greetings,
Yours comradely,
S. NAGARAJAN
GENERAL SECRETARY
AIBOA

C.H. VENKATACHALAM
GENERAL SECRETARY
AIBEA

Source : http://www.aiboa.org/

Be the first to comment - What do you think?  Posted by admin - June 18, 2016 at 10:05 pm

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All India Bank Employees Association (AIBEA) Calls for Strike on May 20

All India Bank Employees Association (AIBEA) Calls for Strike on May 20All India Bank Employees Association (AIBEA) Calls for Strike – As per reports, State Bank of India (SBI) is all set to merge its five associate banks and Bharatiya Mahila Bank (BMB) with itself.

Opposing the decision of boards of directors of five associate banks of State Bank of India (SBI) to close down and merge with SBI, the All India Bank Employees’ Association (AIBEA) has called a strike on May 20.

As per reports, State Bank of India (SBI) is all set to merge its five associate banks and Bharatiya Mahila Bank (BMB) with itself to emerge as a financial behemoth, with assets worth Rs 37 lakh crore ($550 billion).

Its five associates are State Bank of Bikaner & Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT). BMP, started in 2013, is a Delhi-based public sector lender.

In a statement Tuesday, AIBEA said it has called an all-India strike in the five SBI associate banks — State Bank of Travancore (SBT), State Bank of Mysore (SBM), State Bank of Hyderabad (SBH), State Bank of Bikaner and Jaipur (SBBJ), and State Bank of Patiala (SBP) — on May 20.

According to AIBEA, at the board meetings of the five SBI associate banks held in Mumbai on Tuesday, an agenda was brought to close down the associate banks and for acquisition by SBI.

“Despite opposition and protest by all the AIBEA’s Workman Directors and a few other independent directors about the proposal and the procedure adopted, the resolution has been approved in this regard,” the statement said.

“It is shameful that when the government is talking of corporate governance and good governance, board agenda is brought without intimation on such a serious matter and decision is taken,” AIBEA added.

According to the statement, the decision of the five banks is not in consonance with what Finance Minister Arun Jaitley had suggested to the union at their meeting on March 23 and April 25 this year.

“He opined that all the five banks can be made into one single entity. But what SBI and the Associate Banks are trying to do is the opposite to what the FM (finance minister) had suggested,” AIBEA said.

Source: BS

Be the first to comment - What do you think?  Posted by admin - May 18, 2016 at 10:13 pm

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Bank Strike today (Sep 2, 2015) – a Massive Success

Bank Strike today (Sep 2, 2015) – a Massive Success

 

All India Bank Strike called today by All India Bank Employees Association has been a massive success all over the country. In addition to AIBEA, the strike call has been given jointly by AIBOA, BEFI, INEF and INBOC. Unions in LIC, RBI, NABARD, IDBI also joined the strike. All India Co-operative Bank Employees Federation and all the unions in Regional Rural Banks had also given the strike call. All India Bank Deposit Collectors Federation had also given the call to its members to join the strike. Hence the strike was implemented across in all the Banks in Public Sector, Old generation Private Banks, foreign Banks, RRBs, and Co-op. Banks.

 

Banking operations were fully affected and paralysed in many States and normal banking services could not be fully functional due to the strike. Payments and receipts of cash in the counters was affected and even clearing of cheques could not be conducted in many centres. Inter-branch cash remittances, remittances of cash to and from currency chest were totally affected. More than five lacs of bank employees and officers joined the strike today all over the country. In metro centres, treasury operations, bills negotiations and inter-bank transactions were also affected. Reports reaching us from States and major centres indicate that strike has been total.

 

12 point Charter of Demands: The strike was called in support of the 12 point charter of demands of the Central Trade Unions including more jobs for the unemployed youth, control of prices of essential commodities, guaranteed minimum wage of Rs. 15,000, removal of ceiling on Bonus and Gratuity, extending maternity leave benefits to all women workers, strengthening social security funds, etc. and against proposed adverse changes in labour laws, easy rules for retrenchment of workers, investment of PF in stock market, making PF and ESI as optional, curbing trade union justifys and collective bargaining, contracting out and outsourcing permanent jobs, replacing regular jobs with Apprentices, etc.

 

Anti-people economic policies: The strike is to protest against the anti-people economic policies of the BJP/NDA Government. Black money is increasing but no steps are being taken against it. Inflation goes unabated and Government in casual about it. Investment in agriculture and rural sector is declining but Government does not bother about it. All types of concessions are being showered on the corporate and industrial houses. Foreign Direct Investment is being encouraged even core sectors like Defence, Railways and banking and insurance sector. Public Sector is being weakened through more and more disinvestments.

 

Banking sector: The strike in Banks is also against the proposed banking reform measures like privatisation and globalisation of our Indian banks, merger and consolidation of public sector banks, allowing private companies to start private banks risking the savings of the poor people, foisting private sector Executives to head the public sector banks, privatisation of Regional Rural Banks, threat of closure of urban co-operative banks and Primary Agricultural Co-operative Societies (PACs), dumping all Government schemes on banks without providing adequate number of employees and officers thus forcing heavy work load on the staff. The real problem of increasing bad loans is not being effectively handled by the Government but on the other hand, cores of rupees are being written off from profits of banks. Deliberate and willful default of bank loans should be termed as criminal offence and money recovered but no action is being taken on them.

 

As on 31-3-2015 there are 7035 cases of willful defaulters involving bad loans of Rs. 58,792 crores. The bad loans in the Banks as on 31-3-2015 has risen to 2,97,000 crores in addition to another Rs.4,03,004 crores of bad loans of 530 corporate companies shown as rescheduled and restructured loans under CDR scheme. Bad loans struck up in top 30 borrowal accounts of PSBS as on 31-3-2015 is Rs. 1,21,162 crores.

 

Hence to oppose the anti-people economic policies, anti-worker labour reforms and anti-public sector banking reforms, bank unions have gone on strike. We hope that Government will see reason and change their policies. We thank the bank employees all over the country for their massive and enthusiastic support to the strike call.

 

Source: www.aibea.in

Be the first to comment - What do you think?  Posted by admin - September 3, 2015 at 3:41 am

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Banks confirm participation in September 2 general strike nationwide

Banks confirm participation in September 2 general strike nationwide

Bank employees and officers associations have confirmed their participation in the nationwide general strike to be held on September 2.

In a press release, CH Venkatachalam, the General Secretary of All India Bank Employees Association, said,

“The Centre is following anti-worker and anti-welfare policies. Serious damage is being particularly caused to workers’ rights. The Centre is trying to appease the capitalists and industrialists at the cost of the workers and the rest of the society.

“Reforms are being brought to the labour laws in favour of the management. The rights of the workers and labour unions are being taken away. Excessive overseas investments are being allowed into the railways, defence, and finance sectors. New jobs are not being created as much as they should be. The Centre is also not taking any steps to regulate the prices of essential commodities.

“The central workers union has called for a nationwide strike on September 2 to condemn this attitude of the Centre. Bank officers and employees’ unions will participate in this strike.”

Be the first to comment - What do you think?  Posted by admin - August 26, 2015 at 6:23 am

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Bank Employees Announce Strike on 24.6.2015

Bank Employees Announce Strike on 24.6.2015

The Public Sector Bank Employees Union has proposed a one-day strike on the 24th of this month, demanding the fulfillment of their various demands. The All India Bank Employees Union has expressed its support for the strike.

Since State Bank of India and all its other associate banks, including the State Bank of Bikaner and Jaipur, the State Bank of Travancore, and the State Bank of Hyderabad, come under the Public Sector Bank Employees Union, the one-day strike is very likely to cripple money transactions on the day of the protests.

Demands:

  • De-link Associate Banks from SBI
  • Do not curb trade union right of representation
  • Vacate attacks on trade union in SBBJ
  • Extend compassionate appointment scheme as per Government guidelines.
  • Increase quantum of staff housing loan.
  • Recruitment of sub staff and part time employees
  • Resolve pending demands
  • Do not impose SBI service condition and career progression in Associate Banks

Source: cgemployeesnews.in

Be the first to comment - What do you think?  Posted by admin - June 19, 2015 at 5:17 pm

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UFBU decides to revive the strike programmes – 4 days strike from 25th to 28th Feb 2015

UFBU decides to revive the strike programmes – 4 days strike from 25th to 28th Feb 2015

IBA backtracks from its assurance
Offers a paltry 0.5% increase
UFBU decides to revive the strike programmes
Calls for four days Strike from 25th to 28th February, 2015
Indefinite Strike from 16th March, 2015

In our earlier Circular No.UFBU/2015/44 dated 19-1-2015, we had informed that in the background of the assurance given by IBA towards expeditious wage settlement and considering the positive developments since last conciliation meeting held on 5th January 2015, UFBU had put on hold its call for 4 days’ strike from 21st January 2015.

In this background another round of negotiations between IBA and UFBU was held in Mumbai yesterday (i.e., 3rd February 2015). Subsequent to a general reporting of the discussions held in the meetings of the three Sub-Committees on (i) Employees’ service conditions, (ii) Officers’ service conditions and (iii) revised medical reimbursement scheme, the important issue of further improvement in the wage increase offer came up for discussion. IBA sought the view of UFBU about revising its demand from 19.5% in order to arrive at a final deal. UFBU informed IBA that the wage increase offer needs to be substantially improved by IBA as assured and accordingly UFBU would negotiate further to reach a final accord. Quoting, once again, the strenuous financial performance of various Banks, IBA informed that the banks are not in a position to accept the demand of the UFBU. After prolonged discussions, IBA finally proposed to improve their offer from 12.5% to 13% and expected UFBU to scale down its demand.

Since the increase in offer of 0.5% by IBA was paltry, inadequate and not satisfactory, UFBU met thereafter and decided to revive the strike programmes as under:

9th February 2015 Centralised Demonstrations at all centres
13th February 2015 Centralised Demonstrations at all centres
20th February 2015 Badge Wearing & Demonstrations
23rd February 2015 Press Meet in all State capitals
24th February 2015 Centralised Demonstrations at all centres
25th to 28th February 2015 FOUR DAYS’ ALL INDIA BANK STRIKE
2nd to 14th March 2015 Further preparatory programmes
16th March onwards INDEFINITE STRIKE

Comrades, the sincere and persuasive efforts of UFBU to negotiate a reasonable and mutually acceptable wage increase are being misunderstood by the IBA and the Government as its weakness. With utmost patience, for the past two years, UFBU has been making its best efforts to settle the demands amicably. At every point of time, we have shown our flexibility. But unfortunately, it is not being reciprocated by the IBA.

When the entire workforce in the banking industry is making every effort to implement the various programmes of the Government including the recent Jan Dhan Yojana, when employees and officers are working under lot of stress and maximum difficulty due to manpower shortage and increased volume of work, it is regrettable that the Government is remaining a passive spectator without initiating any steps to find an amicable solution to the genuine expectations of bank employees for a better and reasonable wage revision.

UFBU has been once again pushed to the path of struggle. We call upon all our units and the entire membership to rise as one and plunge into action to implement the programmes successfully.

State-level UFBU meetings should be held immediately to plan out the steps to be initiated for making all the programmes a total success.

Comrades – March ahead with solidarity and unity – Let us exhibit clearly that our united movement brings Success and success alone…..

“WE SHALL FIGHT – WE SHALL FIGHT – TILL WE SUCCEED – WE SHALL FIGHT”

Source: AIBEA

Be the first to comment - What do you think?  Posted by admin - February 6, 2015 at 2:18 pm

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Bank Employees Wage Revision – UFBU not satisfied with IBA’s offer, to go on strike

Xth BPS : UFBU not satisfied with IBA’s offer, to go on strike

As scheduled the 10th BPS wage Negotiation Talk between Bank Unions (UFBU) and Indian banks Association held to day at Mumbai.

In the talks today(3rd Feb) IBA offered only 0.5% improvement(to take the wage hike to 13% from earlier offer of 12.5%) which is not satisfactory as per unions.

Bank Unions (UFBU ) decides to revive the Strike programme.

4 days Strike from 25th Feb and indefinite strike from 16th March.

Details are awaited

Update by Mr Mohan P

Be the first to comment - What do you think?  Posted by admin - February 4, 2015 at 4:14 am

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Detailed Report on Negotiations with IBA – BEFI

Detailed Report on Negotiations with IBA – BEFI

BANK EMPLOYEES FEDERATION OF INDIA
NARESH PAUL CENTRE
53 Radha Bazar Lane, (1st Floor), Kolkata – 700 001
e-mail : pradipbefi@yahoo.co.in Website : http://www.befi.in/
(Ph):033- 2225-4414/2236-5108 (M) 94331 44271 Fax: 033-2236-5109/2242-069

Circular No: 01/2015

08th January 2015

To All Affiliates/Office Bearers/CC/GC Members

Dear Comrades,

NEGOTIATIONS WITH IBA

At the very outset, we wish all our members, their families, well-wishers and all acquaintances a VERY HAPPY AND PROSPEROUS NEW YEAR 2015.

In view of the Strike Notice by UFBU, the Chief Labour Commissioner (Central) convened a Conciliation on 05th January 2015.

In the conciliation, we emphasized that the proposed strike actions have been thrust on us by a totally indifferent and negative attitude of IBA in the matter of wage negotiations, despite flexible approach adopted by UFBU; we also took serious exception to IBA’s communication to the member Banks to re-visit the mandate. IBA, on their part, assured that they had no intention to complicate matters and expressed eagerness to resume negotiations on 06th instant.

Accordingly, another round of negotiations took place on 6th in Mumbai when, after prolonged hard-bargaining, IBA improved its offer from 11% to 12.5% of pay-slip components. While making it absolutely clear that this was not at all acceptable, UFBU demonstrated its flexibility by further revising its demand to 19.5% increase. IBA, while indicating its willingness to continue the negotiations on 07th too, requested for withdrawal of Strike programmes.

In view of some improvement in the talks, UFBU decided to defer the proposed Strike of 07th January 2015.During the negotiations on 07th, UFBU once again insisted on IBA for further improving its offer, to which IBA expressed that they want some more time for discussion amongst themselves. To our demand that negotiations be held at regular intervals for arriving at a settlement without further delay, IBA responded positively and indicated its intention to conclude the process by the end of February 2015. It was decided that Sub-Committees would be formed for expeditious resolution on some of the contentious issues, like reimbursement of 100% of Hospitalisation Expenses, regulated working-hours for officers, 5-day week, etc., raised by UFBU. IBA also agreed to discuss the Pension related issues/demands of UFBU.

Comrades, the united might of bankmen throughout the country has restored the negotiation process; but nothing should be taken for granted. We may only assure that the UFBU would leave no stone unturned to clinch a reasonable and fair deal for all the employees and officers as expeditiously as possible. However, given the past record of the IBA as also of the Government, we must be vigilant and remain organizationally prepared for any eventuality and to plunge into action, even at shortest possible notice.

Further developments would be communicated to you all in due course.

With greetings,

Comradely yours,

(PRADIP BISWAS)
GENERAL SECRETARY

Source: www.befi.in

Be the first to comment - What do you think?  Posted by admin - January 12, 2015 at 9:15 am

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IBA Circular on deferment of bank strike proposed on 7th Jan 2015

IBA Circular on deferment of bank strike proposed on 7th Jan 2015

Indian Banks’ Association

HR & Industrial Relations

No.CIR/HR&IR/Q/2014-15/1137
January 6, 2015

Chief Executives of Member Banks
which are parties to the Bipartite Settlement

Dear Sir/Madam,

Strike Notice by UFBU on 7th January 2015 – Deferred

Please refer to our Circular No.CIR/HR&IR/Q/2014-15/1084 dated 23rd December 2014 regarding the strike call given by the United Forum of Bank Employees (UFBU) on 7th January 2015. In accordance with the submission in conciliation meeting held on 5.1.2015, we had convened meeting with the Unions/Associations on date. On being satisfied with further improvement in offer in wage hike by IBA, the UFBU has decided to defer the strike scheduled on 7th January 2015.

Member banks may kindly take note of the above and convey suitably to all their establishments.

Yours faithfully,
sd/-
K UNNIKRISHNAN
DY. CHIEF EXECUTIVE

Click here to view the original circular

Be the first to comment - What do you think?  Posted by admin - January 7, 2015 at 10:23 am

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IBA TO HOLD TALKS WITH BANK UNIONS (UFBU) TOMORROW(6.1.2015)

IBA TO HOLD TALKS WITH BANK UNIONS (UFBU) TOMORROW(6.1.2015)

OUT COME OF CLC MEET OF 5th JAN’15.

In the conciliation meeting held today-5th Jan.15. by CLC at Delhi, IBA said it would hold negotiations with UFBU tomorrow at Mumbai to find amicable solution. UFBU agreed to attend the meeting.

Further course of action depends on the outcome of tomorrow’s meeting with IBA.

Conciliation talks with CLC ended and IBA called UFBU to have a round of talks tomorrow 06.1.2015 at Mumbai at 3.00 p.m.

Submitted By Mohan.P (Via ‘Paycommissionupdate’)

Be the first to comment - What do you think?  Posted by admin - January 6, 2015 at 9:19 am

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Bank strike on 7th January 2015

Bank strike on 7th January 2015

ONE DAY STRIKE ON 7th JANUARY 2015
FOUR DAYS STRIKE FROM 21st JANUARY to 24th JANUARY 2015
and if the issue remained still unresolved
INDEFINITE STRIKE FROM 16th MARCH 2015

Thus Ten Lakhs Bank employees and officers working in more than 85000 Branches all over the country will observe the strike as per the call of the UFBU.

This series of strikes has been forced upon the Bank employees and officers. We regret the inconvenience that may be caused to the customers due to this strike and request the general public to support the just cause of the Bank employees and officers.

(C P KRISHNAN)
General Secretary

To
The Chief Reporter,

———————–
We request you to cover the above statement in your esteemed media.

Yours faithfully,
(C P KRISHNAN)
General Secretary

Be the first to comment - What do you think?  Posted by admin - December 18, 2014 at 12:53 pm

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Strike by Bank Employees on 18th December 2013 – IBA Notice

Strike by Bank Employees on 18th December 2013 – IBA Notice

Indian Banks’ Association
www.iba.org.in

NOTICE

STRIKE BY BANK EMPLOYEES ON 18th DECEMBER 2013

Indian Banks’ Association (IBA), on behalf of its member banks, wishes to inform the public in general and banks’ customers in particular that constituents of United Forum of Bank Unions (UFBU) consisting of five Workmen unions (AIBEA, NCBE, INBEF, NOBW, BEFI) and four Officers’ Associations (AIBOC, INBOC, AIBOA, NOBO) have given call to their members for All India strike on 18th December 2013 raising certain issues and demands. At IBA level, efforts are being made to avert the proposed strike.

In case, the strike materializes, the working of the banks where the constituent Unions / Associations of UFBU have majority membership may get affected on 18th December 2013. As a precaution, all concerned are requested to transact their banking business in advance / use alternate channels of banking facilities to avoid inconvenience to the extent possible.

IBA, on behalf of its member banks, regrets the inconvenience that may be caused to customers/members of the public, in the event the strike materialises.

Source: www.iba.org.in
[http://www.iba.org.in/Documents/REVISED_IBA%20ad_16_12_13.jpg]

Be the first to comment - What do you think?  Posted by admin - December 18, 2013 at 2:13 am

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