CBOA-AP CIRCULAR NO. 020 DATED 12.06.2013

CBOA-AP issued its circular No. 20 reproducing the circular issued by AICBOF on salary revision. We are placing the same here for our readers.

CIRCULAR NO.: GS: 2013: 020                                                    Date: 12.06.2013

TO ALL OFFICERS                                                         PLEASE CIRCULATE

Dear Friends,

We reproduce hereunder the Circular No. CIRCULAR/GS/2013/15 dated 10.06.2013 received from our Federation for your information.

With best regards                                                                   

           

Yours sincerely

Sd/-

(C.A. MALLIKARJUNA RAO)

GENERAL SECRETARY

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

SALARY REVISION - NO PROGRESS

We reproduce hereunder UFBU circular on the captioned subject for the information of all officers.

               

“IBA’s Negotiating Committee headed by Shri.T.M. Bhasin met the United Forum of Bank Unions on 7th June 2013 at IBA office in Mumbai.

We demanded that there should be a time bound programme to complete the negotiations without much delay to arrive at the wage revision settlement at the earliest. IBA also agreed with our views and informed that the same can be worked out by mutual discussions. Today we also demanded that the wage revision should be effective from 1st November 2012 and that the new pay scale should be constructed by merging the DA at 4876 points i.e. the DA applicable to July- September, 2012 quarter. We also insisted that the IBA should make their offer on the percentage of wage load acceptable to them. For this, the IBA informed us that they would consult the higher authorities in the Government and inform us in the next round of discussions. The IBA suggested that the pay scales could be constructed by merging the DA applicable upto 2009. We did not agree to this proposal. These issues will be discussed further.

In this meeting the IBA also explained their issues like introduction of Cost to Company, Performance related wage, restricting the wage revision, increased mobility to award staff, rationalization of Special Pay etc. While expressing our reservations and viewpoints, we suggested that these issues can be reverted during subsequent discussions.

From the UFBU we also submitted that in the proposed wage revision, the hike in wage load should be exclusive of the cost on pension and other superannuation benefits and also the cost of hospitalization expenses reimbursement. The IBA informed that this would be kept in mind by them.  The IBA informed that they will shortly inform us the date for the next round of negotiations”

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

WITH GREETINGS

Yours Sincerely,

Sd/-

(A.R. SAIFULLAH)                      

GENERAL SECRETARY

AIBOC CIRCULAR NO. 26 DATED 07.06.2013

AIBOC issued its circular No. 26 dated 7^th June 2013 on UFBU Meeting held on 7^th June 2013. We are placing the same here for our readers.

UFBU MEETING WITH IBA TODAY

We reproduce hereunder the text of UFBU Circular No.9 dated 7th June, 2013 contents of which are self-explicit.

With greetings,

Sd/-

(D.S.RISHABADAS)

GENERAL SECRETARY

TEXT

IBA’s Negotiating Committee headed by Shri.T.M. Bhasin met the United Forum of Bank Unions today at IBA office in Mumbai.

In today's meeting, we demanded that there should be a time bound programme to complete the negotiations without much delay to arrive at the wage revision settlement at the earliest. IBA also agreed with our views and informed that the same can be worked out by mutual discussions. Today we also demanded that the wage revision should be effective from 1st November 2012 and that the new pay scale should be constructed by merging the DA at 4876 points i.e. the DA applicable to July- September, 2012 quarter. We also insisted that the IBA should make their offer on the percentage of wage load acceptable to them. For this, the IBA informed us that they would consult the higher authorities in the Government and inform us in the next round of discussions. The IBA suggested that the pay scales could be constructed by merging the DA applicable upto 2009. We did not agree to this proposal.

These issues will be discussed further.

In today's meeting the IBA also explained their issues like introduction of Cost to Company, Performance related wage, restricting the wage revision, increased mobility to award staff, rationalisation of Special Pay etc. While expressing our reservations and viewpoints, we suggested that these issues can be reverted during subsequent discussions.

From the UFBU we also submitted that in the proposed wage revision, the hike in wage load should be exclusive of the cost on pension and other superannuation benefits and also the cost of hospitalisation expenses reimbursement. The IBA informed that this would be kept in mind by them.  The IBA informed that they will shortly inform us the date for the next round of negotiations. Further developments will be informed in due course.

With greetings,

Yours Comradely,

Sd/-    

(P.K.SARKAR)

CONVENOR

AIBOC CIRCULAR NO. 25 DATED 24.05.2013

AIBOC issued its circular No. 25 dated 24^th May 2013 on the UFBU Meeting held on 23^rd May. We are placing the same here for our readers.

UFBU MEETING HELD ON 23.05.2013

We reproduce hereunder the UFBU Circular No.8 dated 24-05-2013 contents of which are self-explicit.

With greetings,

Sd/-

(D.S.RISHABADAS)

GENERAL SECRETARY

TEXT

UFBU meeting was held on 23.5.2013 at New Delhi in the AIBEA Office.   Com. Ashwani Rana, (General Secretary of NOBW) presided over the meeting.  All the nine constituent unions were present in the meeting.

A report on the developments since the last meeting was placed by the Convener along with the minutes of the previous meeting held on 31.1.2013, 22.2.2013 and 22.4.2013.  He also outlined the issues to be taken up with the Chairman of IBA in the afternoon.

The meeting deliberated and took note of the attitude of IBA in dealing with the charter of demands on wage revision submitted by the UFBU.  The meeting observed that even before any preliminary discussions could take place on the demands raised by the unions, the IBA was keen to foist their issues.  The meeting pointed out that while the UFBU would always willing to discuss any issue raised by the IBA with an open mind, the same cannot take precedence over the demands for wage revision.

The meeting also observed that the Government continued to pursue their reforms agenda and have recently announced their decision to issue banking license to business and corporate houses. The pronouncements on merger and consolidation of nationalized banks as well as merger of Associate Banks with SBI are again being repeated frequently nowadays.  The bill to allow 49% private capital in RRBs has been introduced in the parliament recently.  Banking laws are sought to be amended to allow banks to indulge in speculative business.  Banking jobs and services are increasingly being outsourced.

Hence the meeting decided to continue our campaign on these challenges and resort to agitation when warranted.

The meeting also decided that we must expedite the resolution of the pending  demands like compassionate appoint scheme, 5 Day banking, etc., and also the current issues like asking employees / officers to attend office on holidays in the name grid-based clearing system.  The meeting also observed that the attacks in SBI by the management have not receded and the issue needs to be taken up by UFBU.

The Convener summed up the discussions as under:

1.    As per the discussions of the meeting, the UFBU would pursue the demands on wage revision in the next round of talks with IBA scheduled on 07.06.2013.

2.    The issues like adequate representation to unions while participating in the talks with IBA, change of procedure in allowing new unions for negotiations, compassionate ground appointment scheme, introduction of 5 Day banking, problems faced by employees and officers under grid-based Cheque Truncation System for clearing of cheques, proper guidelines to be issued on adhering to KYC norms to avoid harassments of innocent officers, managers, etc.  would be taken up with the IBA Chairman during the meeting him in the afternoon.

It was decided that the next meeting of UFBU will be held at Mumbai on 6.6.2013 on the eve of the next round of Bipartite Talks with IBA to be held on 7th June.

MEETING WITH CHAIRMAN, IBA:-

In the afternoon, the UFBU representatives met Mr. K.R. Kamath, Chairman, IBA in his office in Punjab National Bank, Head Office, Delhi.  Mr. T.M. Bhasin, CMD, Indian Bank and Chairman of the negotiating Committee, Mr. Rajiv Rishi, ED, Indian Bank and Mr. R.K. Sethi, ED, PNB were also present.

In this meeting, we took up the following issues with him.

      i.        Wage revision should be expedited in a time bound manner.

     ii.        The number of representatives participating in the Talks with IBA needs to be reviewed and revised.

    iii.        The procedure of discussions by IBA with UFBU constituents should not undergo any change and the earlier pattern to continue.

   iv.        Based on UFBU’s letter to IBA, the compassionate ground appointment scheme should be introduced at the earliest as it has been already delayed inordinately.

    v.        The problems faced by employees and officers of Banks covered by the Southern Grid based clearing system should be resolved so that the staff do not face unwanted risks and also not forced to work on holidays.

   vi.        5 Day banking should be introduced at the earliest.

  vii.        The IBA should intervene in the matter to normalize the industrial relations in SBI.

 viii.        IBA should issue proper guidelines to Banks to advise the staff to strictly adhere to KYC norms so that the Banks and the staff do not become vulnerable at a later stage.

The Chairman gave a patient hearing to the issues raised by us but we found that these issues need to be further pursued.  Further developments will be informed in due course. 

With greetings,

Yours Comradely,

Sd/-

(P.K.SARKAR)

CONVENOR

AIBOC CIRCULAR NO. 24 DATED 22.5.2013

AIBOC issued its circular No.24 dated 22nd May 2013 on Press Reports on the issue of merger etc. We are placing the same here for our readers.

PRESS REPORTS ON THE ISSUE OF MERGER ETC., - CONFEDERATION OPPOSES THE INITIATIVE

In response to some of the statements appeared in the press about the initiatives of the Government towards the Merger of Banks, we have to-day sent a communication to the Hon’ble Minister of finance, Government of India, New Delhi, a copy of which is enclosed for your information.

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

With greetings,

Sd/-

(D.S.RISHABADAS)

GENERAL SECRETARY

To,

Shri.P.Chidambaram,

Honourable Minister of Finance,

Government of India,

NEW DELHI.

Dear Sir,

GOVERNMENTS’ INITIATIVES TOWARDS MERGER OF BANKS - OPPOSITION BY OUR CONFEDERATION AND OTHER UNIONS

We are surprised to note the reports appearing in the Press about the initiative of the Government towards Merger of Banks although the issue has been a bone of contention between the Government and the Unions in the Banking Industry.  The Confederation the largest officers organization in the Banking Industry has been campaigning since last several years against the initiatives of the Government in this direction and it was one of the major issues that was flagged for the last 2 days’ industry wide strike on 21st and 22nd February, 2013 by the entire banking industry wherein all the 9 unions under the banner of the United Forum of Bank Unions have successfully implemented the strike action giving vent to their grievances against several long pending issues as also the encouragement that the Government is giving to the banks’ managements in the matter of mergers and acquisitions.

The Indian Banking Industry has accounted itself in a creditable manner in comparison with the banking industry elsewhere including the affluent nations for the last couple of years and there is a vast scope for expansion of the industry through creation of additional banking institutions rather attempting in the name of merger and consolidation by way of merger of banks which would be resisted by the workforce in the banking industry. The Government has declared that it would provide more opportunities to new operators in the banking industry by granting license to them for establishment of new banks so that the private participation in the banking industry gets enhanced. While, these initiatives are definite indication of the tremendous opportunities that are available for further expansion of the banking industry any idea to truncate the existing number of banks both in the old private sector as well as the Public Sector are nothing but a sinister design to slowly and steadily privatize the entire banking industry.

The Confederation on a number of occasion has made their stand clear on this issue of merger of the banks and the existing well established Public Sector Banks as well as old Generation Private Sector banks including the Associate Banks in State Bank of India should be allowed to continue in their existing position and allowed to expand their activities in an effective manner.  While, the Government has assured to discuss all the issues related to the last 2 days’ strike action by the unions, the issue of the merger also being one of the issues which was flagged for the strike, the recent declarations in the public as well as the press by the Honorable Minister of Finance has again created heart burn amongst our rank and file.

We therefore request you to kindly take note of our strong resentment about the proposed initiatives of the Government in regard to Merger and kindly shelve all such initiatives if any and convene a meeting of the representatives of the unions in the banking industry to enable us to present our views before the Government to avoid industrial unrest in the banking industry.

Please treat the matter as urgent.

Thanking you,

Yours faithfully,

Sd/- 

(D.S.RISHABADAS)

GENERAL SECRETARY

AIBOC CIRCULAR NO. 23 DATED 07.05.2013

AIBOC issued its circular No. 23 dated 7th May 2013 on nomination of Sri J.D. Sharma as Officer-Director on the Board of Indian Overseas Bank. We are placing the same here for our readers.

SRI J.D.SHARMA NOMINATED AS OFFICER – DIRECTOR ON THE BOARD OF INDIAN OVERSEAS BANK

We have pleasure in advising that Com.J.D.Sharma, President of Indian Overseas Bank Officers’ Association, our affiliate has been nominated as Officer-Director on the Board of Indian Overseas Bank for a period of three years from 2nd May, 2013; the date of notification. The text of relative notification is furnished overleaf.

We congratulate Com.J.D.Sharma on his induction into the Board of Indian Overseas Bank and wish him all the best in his new assignment.

With greetings,

Sd/-

(D.S.RISHABADAS)

GENERAL SECRETARY

(TO BE PUBLISHED IN PART II SECTION 3(ii) OF THE GAZETTEE OF INDIA)

F.No.6/22/2012-BO.I

Government of India

Ministry of Finance

Department of Financial Services

                                                                   New Delhi, dated the 2nd May, 2013

                                                                   Vaisakha 12, 1935(Saka)

NOTIFICATION

In exercise of the powers conferred by clause(f) of sub-section(3) of Section 9 of the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) & (2) of clause 9 of the Nationalised Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government after consultation with the Reserve Bank of India, hereby appoints Shri.J.D.Sharma, (DOB: 20.07.1956), Senior Manager, Indian Overseas Bank, as Officer Employee Director on the Board of Directors of Indian Overseas Bank for a period of three years from the date of notification of his appointment or until he ceases to be an officer of the Indian Overseas Bank or till further orders, whichever is the earliest.

Sd/-

(VIJAY MALHOTRA)

Under Secretary to the Government of India

To,

The Manager,

Government of India Press,

Mayapuri Industrial Area, Ring Road, NEW DELHI.

AIBOC CIRCULAR NO. 22 DATED 30.04.2013

AIBOC issued its circular No. 22 dated 30^th April 2013 on Dearness Allowance payable w.e.f. 01.05.2013. We are placing the same here for our readers.

DEARNESS ALLOWANCE

The Index Numbers for the quarter ended March 2013 are as under:

Month                          Index as per           Conversion              Index as per

                                    2001 series              Factor                 1960 series

Jan 2013                    221                 4.63 x 4.93                    5044.52                  

Feb 2013                   223                 4.63 x 4.93                    5090.17

Mar 2013                   224                 4.63 x 4.93                    5113.00                                 

                                                        Total                          15247.69

                      Average =           15247.69/3               5082.56

           

Difference in excess of 2836 points                                       2246.56    

D.A.paid for the previous quarter on (i.e. 535x4)                        2140. 00

Difference                                                                        106.56

Increase in number of Slabs =          106.56/4    =                  26.64                                  

Accordingly, Dearness Allowance is payable to Officers on 561(i.e. 535+26) slabs with effect from 01-05-2013 as against 535 slabs for the previous quarter. The rates of Dearness Allowance at various stages of basic pay are furnished overleaf. The rates worked out are as per the industry level scales upto Scale VII including SBI.

With greetings,

Sd/-

(D.S.RISHABADAS)

GENERAL SECRETARY

   

D.A. PAYABLE FROM I ST MAY 13 TO  31ST JULY  2013
RATE OF D.A. 0.15% PER SLAB (561 X 0.15= 84.15%) STAGES BASIC CONVERSION EXISITING-DA REVISED-DA DIFFERENCE PAY FACTOR 535 561  DA 1 14500 21.750 11636.25 12201.75 565.50 2 15100 22.650 12117.75 12706.65 588.90 3 15700 23.550 12599.25 13211.55 612.30 4 16300 24.450 13080.75 13716.45 635.70 5 16900 25.350 13562.25 14221.35 659.10 6 17500 26.250 14043.75 14726.25 682.50 7 18100 27.150 14525.25 15231.15 705.90 8 18700 28.050 15006.75 15736.05 729.30 9 19400 29.100 15568.50 16325.10 756.60 10 20100 30.150 16130.25 16914.15 783.90 11 20900 31.350 16772.25 17587.35 815.10 12 21700 32.550 17414.25 18260.55 846.30 13 22500 33.750 18056.25 18933.75 877.50 14 23300 34.950 18698.25 19606.95 908.70 15 24100 36.150 19340.25 20280.15 939.90 16 24900 37.350 19982.25 20953.35 971.10 17 25700 38.550 20624.25 21626.55 1002.30 18 26500 39.750 21266.25 22299.75 1033.50 19 27300 40.950 21908.25 22972.95 1064.70 20 28100 42.150 22550.25 23646.15 1095.90 21 28900 43.350 23192.25 24319.35 1127.10 22 29700 44.550 23834.25 24992.55 1158.30 23 30600 45.900 24556.50 25749.90 1193.40 24 31500 47.250 25278.75 26507.25 1228.50 25 32400 48.600 26001.00 27264.60 1263.60 26 33300 49.950 26723.25 28021.95 1298.70 27 34200 51.300 27445.50 28779.30 1333.80 28 35100 52.650 28167.75 29536.65 1368.90 29 35200 52.800 28248.00 29620.80 1372.80 30 36200 54.300 29050.50 30462.30 1411.80 31 37200 55.800 29853.00 31303.80 1450.80 32 38200 57.300 30655.50 32145.30 1489.80 33 39300 58.950 31538.25 33070.95 1532.70 34 40400 60.600 32421.00 33996.60 1575.60 35 42000 63.000 33705.00 35343.00 1638.00 36 43200 64.800 34668.00 36352.80 1684.80 37 44400 66.600 35631.00 37362.60 1731.60 38 45600 68.400 36594.00 38372.40 1778.40 39 46800 70.200 37557.00 39382.20 1825.20 40 48100 72.150 38600.25 40476.15 1875.90 41 49400 74.100 39643.50 41570.10 1926.60 42 50700 76.050 40686.75 42664.05 1977.30 43 52000 78.000 41730.00 43758.00 2028.00 410 0.615 329.03 345.02 15.99 1030 1.545 826.58 866.75 40.17