:::::SRI S.B. RODE, OUR BELOVED PRESIDENT, AICBOF AND OFFICER DIRECTOR ON THE BOARD OF CENTRAL BANK OF INDIA HAS BEEN COOPTED AS GENERAL SECRETARY, AICBOF IN E.C. MTG. HELD AT MUMBAI ON 24.02.2014:::::MR. S.C. GUPTA, GEN. SECRETARY OF OUR AHMEDABAD UNIT HAS BEEN COOPTED AS PRESIDENT, AICBOF::::::WE CONGRATULATE THEM AND WISH THAT THE OFFICERS' MOVEMENT IN CENTRAL BANK OF INDIA WILL BE TAKEN TO NEW HEIGHTS:::::LONG LIVE CBOA:::::LONG LIVE AICBOF::::::LONG LIVE AIBOC:::::

AIBOC CIRCULAR NO. 107 DATED 27.07.2010

AIBOC issued its circular No. 107 on extending salary revision to Officers in Regional Rural Banks. We are reproducing the same here for our readers.

CIRCULAR NO: 107                                                       DATE: 27.07.2010

TO ALL AFFILIATES/MEMBERS:

SALARY REVISION EXTENDED TO OFFICERS IN REGIONAL RURAL BANKS - YET ANOTHER FEATHER IN THE CAP OF THE CONFEDERATION - THE REVISION IS EFFECTIVE FROM 1.11.2007

Congratulations to our members in the Regional Rural Banks.  We could ensure the salary revision almost simultaneously to our members in the Regional Rural Banks. It is just within 3 months of our signing the final agreement on the 9th bipartite that the issue of extension of the benefit of the agreement to our comrades in the Regional Rural Bank could be sorted out without much difficulty. Our members may recollect that immediately on the conclusion of the 9th Bipartite Agreement, the leadership of the Confederation took the initiative and kept in touch with the Banking Department, Ministry of Finance, Government of India that there should not be inordinate delay as regards the extension of  benefits of the 9th Bipartite Settlement to our members in the Regional Rural Banks.  The Confederation also raised the issue in the follow-up meetings with the officials of the Banking Department and also approached the Honourable Minister of Finance seeking his intervention in the matter.  Our efforts yielded results at the earliest possible.

The consolidation of the RRB Officers under the banner of the Confederation in order to ensure equal pay for equal work is now part of the history.  It was our effective deposition before Justice Obal Reddy, the National Industrial Tribunal set up for the examination of the service conditions of the Officers’ fraternity in the Regional Rural Banks and to examine the demand of the Confederation for extending the same service conditions to them as available to the officers in the sponsor banks.  It was a long journey and ultimately, the Confederation could make effective presentation about the responsibilities of the Field workers and several other categories who were functioning as officers in the supervisory cadre in the commercial banks and get them a fair deal.  Since then it is a long journey.  We have been successful in consolidation of the Officers in the Regional Rural Banks through the co-operation of all the affiliates of the Confederation as well as the RRB Federation set up exclusively for pursuing the enrolment of the officers.

The Ministry of Finance taking cue from our persistent follow-up and initiative in mobilizing the opinion for early extension, took steps for the completion of the formalities connected with the clearance of the proposal for implementation.  It is also heartening to note that the Honourable Finance Minister himself intervened in the matter and took the opportunity of announcing the extension of these benefits in the Meeting of the Review Conference held on 25.07.2010 at New Delhi, where all the Chairmen of the Regional Rural Banks were present on the occasion.  He announced that the major issue of the salary revision as agreed under the 9th Bipartite Settlement between the Confederation and the Indian Banks’ Association is now being extended to the Regional Rural Banks as well.  We also understand that the Govt. has cleared the Promotion Policy from MMG Scale III and above during the same meeting.

The Banking Department was quick in responding to the concern shown by the Finance Minister in response to our appeal for early settlement and issued a detailed notification communicating to all the banks, with necessary instructions for implementation of the 9th Bipartite Settlement.  Our members may recall that during the 8th Bipartite it was a long drawn negotiation, between the leadership of the Confederation and the officials of NABARD before the implementation took place.  The NABARD also wanted to bring several conditions for its implementation and it was the leadership of the Confederation which stoutly opposed those initiatives including the payment of arrears in instalments etc.. It is in this background, the Government has issued instructions to all the sponsor Banks to implement the Salary Revision agreement as settled under 9th Bipartite and  to make necessary arrangements for payment of arrears to the officers in one instalment.

As per the Notification issued by the Government of India, the implementation will take place as under:-
Ø      Pay Scales and Dearness Allowance:- Pay scales and Dearness Allowances of RRB employees as on 01.11.2007 would be equal to the corresponding categories of employees of the nationalised commercial banks.  Pay for the purpose of DA, HRA and Superannuation benefits shall mean basic pay, stagnation increments, special pay, graduation pay, professional qualification pay and officiating pay, if any.

Ø      House Rent Allowance (HRA) and City Compensatory Allowance (CCA): HRA and CCA would be payable at the same rate as applicable to the corresponding categories of employees in the nationalised commercial banks w.e.f. 01.11.2007.

Ø      The sponsor bank shall negotiate the ‘other allowances’ with RRBs sponsored by them.

Ø      The payment of revised salary and the arrears thereof may be made accordingly.

The RRBs may issue a comprehensive order indicating the revised pay scale in respect of each category of employees after seeking the approval of their Board of Directors.

While, we are not in agreement with the freedom given to the sponsor banks and the unions to negotiate on the other allowances etc., which may lead to unnecessary discriminations between one RRB to another, we are taking up the matter immediately with the Government.  In the meanwhile, all our affiliates are requested to kindly ensure that the instructions regarding the implementation of Salary Revision as advised by the Government takes place in good time and our colleagues in RRBs get their arrears without further delay.

Comrades, we wish to assure our comrades in the Regional Rural Banks that our attempts to achieve total parity will continue without any let up.  While complimenting our members in RRBs for the success we have achieved as regards the salary revision, we would urge upon them to be in readiness for any action at short notice if need be.

All our affiliates/state units are requested to await further developments in the matter.

With greetings,
Sd/-
(G.D. NADAF)
GENERAL SECRETARY

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