:::::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:::::

CBOA-AP CIRCULAR NO. 025 DATED 06TH SEPTEMBER 2014

CBOA-AP issued its circular No. 025 reproducing the circular issued by AICBOF on management’s attitude and joint discussions held at Central Office on 1st September 2014. We are placing the same here for our readers.

CIRCULAR NO.: GS: 2014: 025                                                  Date: 06.09.2014

TO ALL OFFICERS                                                                    PLEASE CIRCULATE

Dear Friends,

We reproduce hereunder the Circular No. CIRCULAR/GS/2014/24 dated 05.09.2014 received from our Federation for your information.

With best regards                                                                        
           
Yours sincerely
Sd/-
(C.A. MALLIKARJUNA RAO)
GENERAL SECRETARY
...........................................................................................................
The Executive committee meeting of our FEDERATION took place at Nagpur on 16th & 17th Aug 2014.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 manner. The entire House deliberated in detail the various issues concerning the officers and more particularly performance of our Bank for Q-1 i.e. June 2014 on the background of performance of peer Banks

The following comparative data will make us understand where we exactly stand-(Amount in crores)

 PARAMETER
BOB
BOI
PNB
CANARA
UNION
CBI
Business Mix
933421
882441
792405
731940
536824
426829
Total Deposit
551649
500875
444920
428976
297420
240782
Total Adv.
381772
381566
347485
302964
239404
186047
Gross NPA(%)
3.11
3.28
5.48
2.67
4.27
6.15
Net NPA(%)
1.58
2.14
3.02
2.03
2.46
3.62
No of Employees
54490
44681
61427
49270
35788
39195
Operating Profit
2480
2060
3125
1795
1372
974
Net Profit
1362
806
1405
807
664
192

 It is highly unfortunate that at one side our Bank has posted such a marginal increase in the financials and at the other side an alarming position of provisioning, NPA. It is shocking episode that entire operating profit is utilized towards provision of bad loans and officers' fraternity is held responsible for the same. We do not understand the action of the Bank of curbing Staff Welfare facility on the ground of loss/ marginal profit posted by the Bank. Friends, just peep in your mind and think who the architects of such a tragic situation are.

There should be proper mix of corporate loans of high net worth companies coupled with retail loans by the field functionaries then only we shall stand with the big Banks magic figures and thereby we shall regain our prime position in the industry which was fact from years ago.

You will definitely agree that instead of concentrating on business growth the executives at Central Office, Zonal and Regional Heads are indulging in continuous attack on the trade union rights, deunionising the officers, total disregard to bilateralism and unbearable pressures on officers. This has caused into physical disabilities and mental destructions to officers at large. Some of the shameful incidences are quoted below for the information of the officers.

·         Coimbatore R.M. has uttered in BM meeting that "Dogs take food without any work, beggars get food without doing any work, and Centralites should not take food without doing any work."
·         No security was given by the management when one of the Branch Managers in Pune Zone was brutally man handled by the borrowal parties for not sanctioning loan. The condition of the Branch Manager was so extreme that he was hospitalized for a week.
·         The request of Branch Manager in Siwan region to provide security against the local Dons was termed as dramatic and flimsy incidence by R.M.
·         Pune SRM, while entering his office starts abusing and threatening the officers including DRM in front of sub staff and clerical staff creating fear psychosis and demoralization of officers, as if the employees and officers are his slaves.

The things have gone to such an extreme position that, one of our officer colleagues has preferred to commit suicide. The tragic incidence in PNB is also example of white collared terrorism prevailing in the Banking Industry. The whole banking fraternity is shocked and saddened on these unfortunate incidences. But the management of PNB has taken stringent action against FGM and SRM by suspending them. When our management will take action against such "SARDARS"?

Instead of taking corrective steps for the resolution of the issues raised by Federation, Management is marching with one point agenda of illegitimate and unlawful changes with schizophrenic approach. The Government guidelines, policies and conventions are being bluntly violated in transfers, postings and rotations. The bilateralism has been given a go bye by the management by thumping the manpower budget and categorization of branches which ultimately has resulted into agony in the minds of officers. 
What are expected are bilateralism, conducive atmosphere, comfort and ambience branding, which will result into positive changes in our Bank? We are afraid that the management will not prefer for this. There will be a situation that no alternative left but to repent.

Yours sincerely,
Sd.-
 (S.B.RODE)                                                    
GENERAL SECRETARY                      

JOINT DISCUSSIONS HELD WITH CENTRAL OFFICE

Joint discussion with Central office Management was held on 1st September 2014. Our CMD and three EDs addressed the participants and appealed for the growth of business of our Bank. We also responded detailing the situation prevailing in the Bank. In turn the management assured to rectify the situation. We are waiting for the response in this regard and inform you further developments in due course.  

           
                        OFFICERS’ COMMUNITY           ……      ZINDABAD
A.I.B.O.C.                                 ……      ZINDABAD
                        A.I.C.B.O.F                               ……      ZINDABAD
                        C.B.O.A.                                   ……      ZINDABAD

0 comments