CBOA, AP CIRCULAR NO. 006 DATED 10.02.2011

CBOA, AP issued its circular No. 006 dated 10.02.11 on 9th Triennial General Council of AIBOC. We are placing the same here for our readers.

CIRCULAR NO. : GS: 2011: 006                                     Date: 10.02.2011

TO ALL OFFICERS                                                        PLEASE CIRCULATE

Dear Friends,

We reproduce hereunder the Circular No. CIRCULAR/GS/2011/03 dated 07-02-2011 received from our Federation for your information.

With best regards                                                                        

Yours sincerely

Sd/-

(C.A. MALLIKARJUNA RAO)

GENERAL SECRETARY

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9TH TRIENNIAL GENERAL COUNCIL OF AIBOC

AIBOC had convened 9th Triennial General Council (General Body Conference) at Bhubaneshwar from 29th to 31st January 2011. The Conference was inaugurated by Shri Navin Patnaik, Hon’ble Chief Minister of Orissa State. Chief Justice of Orissa High Court, Hon’ble Shri Gopala Gowda was the Chief Guest. The Inaugural Session was attended by thousands of officers from Orissa State apart from Delegates & Observers from every nook & corner of the country. We are awaiting the circular being issued by AIBOC giving the complete details of the General Council Meeting.

In this Conference Shri P.K. Sarkar & Shri G.D. Nadaf were unanimously elected as President & General Secretary of AIBOC for the next term.

Shri D.S. Bhadauria, General Secretary, AICBOF has been elected as the Vice President and Shri A.R. Saifullah, President of our Federation has been elected as the Deputy General Secretary of AIBOC.

CONDUCT & DISCIPLINE APPEAL REGULATIONS FOR BANK OFFICERS  - A BOOK BY SHRI R.K.JAIN

The Federation has published a book written/compiled by Shri R.K. Jain, former Office Bearer of our Federation. This book was released during the 9th Triennial General Council Meeting of AIBOC at Bhubaneshwar by Shri G.D. Nadaf, General Secretary of the Confederation on 30th January 2011.

Those officers desirous of obtaining a copy of this book may contact the Office Bearers of the respective units of the Federation. The copy may also be obtained from the Office of AICBOF at Central Bank Building, M.G. Road, Fort, Mumbai.

This book has been hailed by AIBOC as one of the best reference books available on Conduct & Discipline Regulations. The officers need to function in various capacities in a departmental enquiry and this book is bound to help them in discharging their role efficiently and effectively.

INCREASE IN QUANTUM OF HOUSING LOAN TO RS.20 LAKHS FOR OFFICERS

The issue of increasing the quantum of Housing Loan for the officers had been discussed in the Joint Discussions held on 4th & 5th August 2010. We had demanded that there was a necessity to increase the Housing Loan quantum, looking into the steep increase in the cost of flats, plots, houses etc.  Further many of the banks like State Bank of India,

Syndicate Bank, Union Bank of India etc had already increased the Housing Loan quantum to Rs.20 lakhs. We had informed you of this issue in our circular dated 10th November 2010.

During the Joint Discussions, the management had agreed to consider the request of the Federation after calling for the details of the scheme introduced in various banks.

We are happy to inform you that the management has now decided to increase the Housing Loan quantum to Rs.20 lakhs for officers with a simple interest rate of 8%. Circular giving complete details of the scheme along with the terms and conditions is expected to be issued shortly. With this, the officers can now hope to buy a reasonable housing accommodation.

In the meanwhile, AIBOC has taken up the matter with IBA/Government for increasing the Housing Loan quantum to Rs.30 lakhs.

Yours sincerely,

Sd/-                 

(D.S. BHADAURIA)                   

GENERAL SECRETARY