Circular No. GS: 2009: 010                  Date: 23.07.2009
TO ALL OFFICERS              PLEASE CIRCULATE
Dear Friends,
We reproduce hereunder the Circular No. CIRCULAR/GS/2009/10 dated 21-07-2009 received from our Federation for your information.
With best regards
Yours sincerely
(C.A. MALLIKARJUNA RAO)
GENERAL SECRETARY
............................................................................
“We reproduce hereunder circulars received from AIBOC for your information:
DELEGATION TO THE CHAIRMAN OF IBA UFBU TO MEET ON 14TH JULY 2009

TO CHALK OUT FURTHER COURSE OF ACTION
The Chairman of Indian Banks’ Association has agreed to meet the representatives of the United Forum of Bank Unions on 14th July 2009 at Mumbai as per the request of the UFBU. Our comrades are aware that a stalemate has been created in regard to the negotiations of Salary Revision and 2nd Option on Pension Scheme due to the peculiar stand of the Government in the industry level negotiations that their offer on Salary Revision of 17% is reduced to 15%. The Confederation was very particular that the 17% offer is very meager and it has to be improved substantially to meet the requirement of the Confederation. However, the IBA had advised the leaders of the United Forum of Bank Unions when they were in an emergent meeting at Bangalore on 17.06.2009 that their offer of 17% stands reduced to 15%, thus provoking the constituents of the United Forum of Bank Unions.
The UFBU thereafter decided to seek an appointment with the Chairman of IBA and convey its strong displeasure and thereafter to decide the future course of action. However, due to the indisposition of the Chairman of IBA, the appointment could not materialize earlier fixed on 29.06.09. The delegation will call on the Chairman, IBA on 14.07.2009 for submitting a memorandum. Before the delegation on the same day, UFBU will meet and decide the future course of action.
Friends, we have been receiving anxious enquiries from different parts of the country from the rank and file as to the current status of the negotiations on the issues of 2nd Option on Pension, Salary Revision etc. We are also getting anxious enquiries as to response to some of the mischievous communications issued by some of the disgruntled members of the rival unions in some of the affiliates spreading unnecessary canards against the members as well as the leadership of the Confederation. We wish to make our position clear that keeping in tune with the rich tradition, we have in the Confederation decided to ignore all such mischievous attempts on the part of the rival unions as well as some of the disgruntled elements in our organization. We are not issuing any rejoinder to such communications. The strength of the Confederation is the commitment and conviction of the members who are knowledgeable and are able to understand these old games of our detractors and will not be carried away by the vicious campaign of our rivals. We take this opportunity to reiterate to our members that the Confederation is committed to ensure that the issues of the 2nd Option on Pension as well as the Salary Revision are taken to a logical end. It is also the endeavor of the Confederation to make all out efforts to see that the salary revision is sorted out with a reasonable and respectable enhancement in Compensation System for the officer’s fraternity in the country. Hence, let the members be rest assured that the Confederation is fully prepared to go ahead with its commitment and if need be, let us ourselves be prepared for the struggle at short notice.
We note to keep our members advised of further developments in the matter.”
“DELEGATION TO IBA CHAIRMAN DID NOT YIELD DESIRED RESULTS UFBU CALLS FOR 2 DAYS STRIKE ON 6TH & 7TH AUGUST 2009
As decided earlier in the UFBU meeting held on 17.06.2009, Presidents and General Secretaries of nine Constituents of UFBU met Shri M.V. Nair, Chairman of IBA in delegation on 14.07.2009 at Mumbai; to express our displeasure on IBA reducing their earlier offer on salary revision from 17.5% to 15% and demanding resumption of talks for expedite settlement.
The IBA Chairman informed the delegation that, they are acting as per guidelines of Government and hence maintained their reduced offer of 15% on Salary Revision.
In view of this stalemate, the UFBU met thereafter and decided that the situation warrants serious agitational programmes. Accordingly the UFBU decided to give a call for 2 days All India Protest Strike action on 6th & 7th August, 2009 demanding resumption of talks and expeditious settlement of our demands, to be followed by further intensified and continuous strike actions.
Friends, the situation has been created by the IBA and the Government. They have thrown a challenge to us. Hence this agitation has been forced upon us. We request all our affiliates and members to realize the gravity of this situation and move as one man to push back the negative development and for positive realization of our long pending demands. The UFBU will issue Strike notice, with detailed action programme.”
Yours sincerely,
sd/-
(D.S. BHADAURIA)
GENERAL SECRETARY