CBOA-AP CIRCULAR NO. 026 DATED 18.09.2014

CBOA-AP issued its circular No. 26 dated 18.09.2014 reproducing the circular issued by AICBOF on WAGE REVISION NEGOTIATIONS. We are placing the same here for our readers.

CIRCULAR NO.: GS: 2014: 026                                Date: 18.09.2014

TO ALL OFFICERS                                                 PLEASE CIRCULATE

Dear Friends,

We reproduce hereunder the Circular No. CIRCULAR/GS/2014/25 dated 18.09.2014 received from our Federation for your information.

With best regards                                                                      

           

Yours sincerely

Sd/-

(C.A. MALLIKARJUNA RAO)

GENERAL SECRETARY

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WAGE REVISION NEGOTIATIONS

You are aware that latest round of talks with IBA on Wage Revision has taken place on 17^th September, 2014 at Mumbai.  The representatives of UFBU had discussions prior to meeting the IBA to decide the common strategy to be adopted. We reproduce hereunder the contents of the circular No. 2014/28 of date issued by the Convener of United Forum of Bank Unions advising the development taken place in the meetings:-

The representatives of UFBU met at 11.00 a.m. to discuss and decide the strategies to be adopted in the negotiations with IBA.  It was decided that along with the percentage increase in its offer, other important issues like regulated working hours, 5-day week, improvements in pension related matters should be raised simultaneously.

In the IBA meeting, Sri Bhasin, who was the Negotiating Committee Chairman till the last meeting and now elected as Chairman of IBA introduced the newly constituted Negotiating Team of IBA under the leadership of Sri Rajeev Rishi, the newly appointed Chairman of Negotiating Committee.

Subsequent to brief introduction and completion of formalities, before commencement of negotiations on wage revision, UFBU raised the following issues:

• Compassionate Appointment Scheme: 

While thanking the IBA for its efforts and being instrumental in getting clearance of the Government for introduction of Compassionate Appointment Scheme on the lines available to Central Government employees, UFBU sought clarifications on issues like eligibility, applicability with regard to death cases prior to 05.08.2014, etc., to which IBA

conveyed that the matter would be referred to Government and necessary clarifications will be issued on receipt of their advices;

• Accounts to be opened under Jan Dhan Yojana:

While appreciating and extending the support of UFBU to the initiatives taken by the Government towards extension of banking facility to all the people in the Country, UFBU expressed the following apprehensions:

• The compromises on KYC norms may lead to opening of fraudulent accounts for which employees should not be held accountable;
• The pressure due to the targets stipulated for opening of accounts are greatly affecting the regular banking activities and services to existing customers;
• Due to the stipulation on timings for opening of accounts from 8.00 a.m. to 8.00 p.m., employees are forced to work beyond their working hours and are also under severe stress to achieve the stipulated target.

During the negotiations, IBA informed that the UFBU's demand of 25% increase in pay slip components is on high side and beyond the paying capacity of banks and insisted that UFBU should review its demand, to which UFBU responded as under:

• IBA should substantially revise its offer of increase in pay slip components;
• The other important issues like regulated working hours, 5-day banking, improvements in pension related matters, etc. should be discussed simultaneously and in a time-bound manner;
• The meetings on negotiation have to be held regularly at frequent intervals ensuring expeditious settlement;
• UFBU will have flexibility in its demand depending upon the response of IBA on all the above matters.

IBA assured us to schedule the next round of meeting within one week to discuss comprehensively on all the issues.  Comrades - every effort is being made by UFBU not only for expeditious conclusion but also for a respectable Tenth Bipartite Wage Settlement.  Let us continue to maintain our unity which would strengthen us in achieving our goals.  Further developments will be advised in due course”

Yours sincerely,

Sd/-

(S.B.RODE)

GENERAL SECRETARY

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 1^st 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 16^th & 17^th 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

CBOA-AP CIRCULAR NO. 024 DATED 02.09.2014

CBOA-AP issued its circular No. 024 dated 02.309.2014 reproducing the circular issued by AICBOF on “AICBOF MERITORIOUS CHILDREN AWARD”. We are placing the same here for our readers.

The circular also causes rejoice to all of us in our unit area as Ms. Prachi Chander D/o Mrs. Rita Devi, our Regional Secretary, Hyderabad, has been adjudged as the All India Topper in Science Stream with 96.80% for the year 20143-14.

We, on behalf of Central Bank Officers’ Association, Andhra Pradesh, congratulate Ms. Prachi Chander and also her mother – Ms. Rita Devi, for the splendid performance of Ms. Prachi in 12^th Standard and making us proud about her performance at All India Level.

CIRCULAR NO.: GS: 2014: 024                                        Date: 02.09.2014

TO ALL OFFICERS                                                             PLEASE CIRCULATE

Dear Friends,

We reproduce hereunder the Circular No. CIRCULAR/GS/2014/23 dated 27.08.2014 received from our Federation for your information.

With best regards                                                                   

           

Yours sincerely

Sd/-

(C.A. MALLIKARJUNA RAO)

GENERAL SECRETARY

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AICBOF MERITORIOUS CHILDREN AWARD

As you know our organization as a part of various welfare activities, has introduced many schemes like Meritorious Children Award Scheme, Benevolent Fund Scheme, AICBOF Meritorious Children Scholarship etc.

One of the benefits extended to the Benevolent Fund members is the AICBOF Meritorious Children Award to the children of Benevolent Fund Members who come out meritoriously in HSC exams (12^th Standard). This is an All India Scholarship and in all the three faculties, i.e. Science, Commerce & Arts, two Awards each are awarded. Over the years there has been tremendous response to this award scheme.

We are giving hereunder the details of children who have been selected for the Meritorious Children Awards for the years 2012-13 & 2013-14.

2012-13

Sr.No  Name of the parent    Name of child          Affiliated Unit  % of marks    Faculty

1.    Mr.Kiran N.Palekar     Ms.Avanti Kiran          Mumbai           93.33              Science    

                                    Palekar

2.    Mr.M.P.Abraham       Ms.Benita Abraham     Chennai           93.00               Science

1.    Mr. Anil Pahlajani       Ms.Saavi A.                 Mumbai           85.20              Commerce

                                    Pahlajani        

1.    Mr.Ramprasad Meena  Ms.Nisha R.Meena Rajasthan        87.60              Arts

2.    Mr.Milind D.Kulkarni              Ms.Revati M.Kulkarni Mumbai           84.83              Arts

2013-14

      1.   Mrs.Rita Devi              Ms.Prachi Chander     Hyderabad      96.80               Science

           

      2.  Mr.R.Ganesh             Ms.G.Sriharini               Chennai           95.25               Science

1.      Mr.Siddharth Urkude  Ms.Kamakshi Urkude    Bhopal       92.80               Commerce

2.      Mr.Vivek N.Sangit     Mr.Pratik V.Sangit         Mumbai       91.40               Commerce

We have not received any eligible application under Arts faculty for the year 2013-14.

We convey our heartiest congratulations to the winners of Scholarships and convey our best wishes to them for attaining greater heights in life. 

The scholarship amount and the certificates are being sent to the winners through their respective units.

Yours sincerely,

Sd/-                                                                            

(S.B.RODE)                                     

GENERAL SECRETARY