CBOA-AP CIRCULAR NO. 13 DATED 24.03.2012

CBOA-AP issued its circular No. 13 dated 24.03.2012 reproducing the circular issued by AICBOF on its Executive Committee Meeting held at Goa. We are placing the same here for our readers.

CIRCULAR NO.: GS: 2012: 013                                                    Date: 24.03.2012

TO ALL OFFICERS                                                                         PLEASE CIRCULATE

Dear Friends,

We reproduce hereunder the Circular No. CIRCULAR/GS/2012/11 dated 19.03.2012 received from our Federation for your information.

With best regards                                                                   

Yours sincerely

Sd.-

(C.A. MALLIKARJUNA RAO)

GENERAL SECRETARY

……………………….............................................................................

“EXECUTIVE COMMITTEE MEETING OF

OUR FEDERATION AT GOA

The executive committee meeting of our Federation took place at GOA on 15^th and 16^th March 2012.  The arrangements made by the host unit were austere, simple and worth emulating.  The deliberations of the meeting which lasted for 2 days were involved and animated.  Leaders representing different units of the Federation participated in the meeting with total conviction and commitment and aired their views in a free and frank, and at the same time responsible manner.

The General Secretary’s report to the committee dealt with at length all important developments at the industry as well as at our Bank’s level.  The committee also noted with concern the none-too encouraging performance of our Bank for the quarter ended Dec-2012 in comparison with the performance of some of the peer Banks.  Citing reference to the appeal made by our CMD, vide the message dated 3^rd Feb 2012, the committee laid emphasis on our role in appealing our members for the impending and urgent need for recovery of NPAs which has affected our Bank’s image considerably.

The committee inter-alia deliberated at length on the following issues:-

1. Focus on HR related matters in our Bank.
2. Residual issues of 9^th Bi-partite – like updation / upgradation of pension, commercial Bank allowance of Rs.5000/- be paid to all officers as available in RBI, Pension at 50% of last drawn basic pay without linking to number of years of service, improvement in commutation formula at 40% of basic pension, payment of Family pension at enhanced rate for first 10 years, Five day week/regulated working hours to officers, Insurance covering the lending risks, setting up of an exclusive CAT for Bank officers, etc.
3. Dr. Khandelwal committee report
4. Based on the communication received from the Govt, PPO was revised in our Bank unilaterally overlooking the need for Bi-partite discussion with our Federation.

The committee also unanimously decided to focus all important issues concerning our Bank in the ensuing joint discussions. Based on the discussions/deliberations held in the meeting the following agenda incorporating all the below listed issues was submitted to our Corporate Office:-

1. Staffing pattern to the branches – more than 1208 branches throughout the country manned by single officer only.
2. Upward revision in rental ceilings under RFA.
3. Reduction in rate of interest chargeable in staff loans.
4. Need for holding of Joint discussion at regular intervals – some of our ROs and ZOs are not holding the discussions.
5. Implementation of Govt guidelines on transfer of Officers working in North Eastern States.
6. Provision of Mobile Phone to Branch Managers.
7. Urgent need to replace the Hardwares supplied in Phase-I.
8. Introduction of Biometric data of Thumb impression to replace the Password system to avoid misuse.
9. Revision in the existing transfer policy.
10. Staff accountability policy to be devised, protecting the business decisions of the Branch Managers.
11. Supply of set of documents to be executed.
12. Reintroduction of rest period to the Internal Auditors.
13. Unilateral recategorization of Branches without discussing with the majority organization.
14. The income tax on the cost of Gold coin should be borne by the Bank.

Friends, we will keep you posted of the developments in due course.

Let us march together hand in hand with fusion of our hearts and minds to realize our dreams, hopes and aspirations.

Thanking you,

Yours sincerely,                                                                                            

Sd/-

(A.R. SAIFULLAH)                         

GENERAL SECRETARY