UFBU – CG Staff News

Next Bank Bipartite Meeting on 30.11.2018

Sony — Thu, 29 Nov 2018 06:58:33 +0000

Next Bank 11th Bipartite Meeting will be held on 30.11.2018

IBA decided to hold negotiations on 11th Wage Revision with UFBU on Friday 30th November 18 at 10.30 am in its office at Mumbai

IBA decided to hold negotiations on 11th Wage Revision with the representatives of constituent workmen unions/officers’associations of UFBU on 30th November 2018 at 10.30 a.m. in the Committee Room of IBA, World Trade Centre, Cuffe Parade, Mumbai.

Meeting of UFBU will be held after wage revision talks on 30 Nov at Mumbai to discuss about merger of 3 PSBs & other Imp issues

A Meeting of constituents of UFBU will be held on 30.11.2018 at IBA Office, Mumbai to discuss about merger of 3 Public Sector Banks and other important issues.

Source: http://aipnbsf.org

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Unions Firmly Rejected The Proposal of IBA – AIBOA

Sony — Mon, 15 Oct 2018 16:37:02 +0000

Unions Firmly Rejected The Proposal of IBA – AIBOA

“Banking unions as they firmly rejected the proposal of IBA, lock, stock and barrel in the recent discussions held on 12th Oct,18 at Mumbai”

ALL INDIA BANK OFFICERS’ ASSOCIATION

CIRCULAR No.21/VII/2018

October 14, 2018

TO
ALL UNITS / STATE COMMITTEES

Comrades,

FALSE AND MALICIOUS PROPAGANDA
TO DEFAME THE BANK EMPLOYEES TU MOVEMENT
UNDER THE BANNER OF UFBU

Our attention has been drawn to a joint circular purported to have been issued by our organisation jointly with AIBEA. First up of all there is no meeting of 9 constituents of UFBU at Chennai today.

The contents are false, malicious and also to bring disrepute to banking unions as they firmly rejected the proposal of IBA, lock, stock and barrel in the recent discussions held on 12th Oct,18 at Mumbai. The release of the circular with the forged signatures of General Secretaries of AIBOA and AIBEA is squarely condemned.

Please don’t be misguided by the false news.

We are initiating appropriate steps to nab the culprit under the provisions of law applicable, as this mishap has to be nipped it in bud.

This is the danger in utilising technology beyond the required level.

Yours Comradely,
sd/-
S.NAGARAJAN.
GENERAL SECRETARY

Source: http://www.aiboa.org

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Discussions with IBA on Medical Insurance Scheme

Sony — Tue, 21 Aug 2018 10:49:41 +0000

Discussions with IBA on Medical Insurance Scheme

ALL INDIA STATE BANK OFFICERS’ FEDERATION
(Registered under the Trade Unions Act 1926, Registration No: 727/MDS)
State Bank Buildings, St. Mark’s Road, Bangalore – 560 001

CIRCULAR NO.86

DATE: 10.08.2018

TO ALL OUR AFFILIATES/MEMBERS:

DISCUSSIONS WITH IBA ON MEDICAL INSURANCE SCHEME

We reproduce hereunder the text of AIBOC Circular No.57 dated 9th August, 2018 contents of which are self-explicit.

(Y.SUDARSHAN)
GENERAL SECRETARY

TEXT

QUOTE:

Discussions with IBA on Medical Insurance Scheme

We reproduce hereunder UFBU Circular No.2018/14 dated 08.08.2018 on the captioned subject for your information.

With greetings,
Sd/-
(Soumya Datta)
General Secretary

Text of UFBU Circular No. UFBU/2018/14 dated 08.08.2018

CIRCULAR No. UFBU/2018/14

Date : 08-08-2018

TO ALL CONSTITUENT UNIONS/MEMBERS

Dear Comrades,
DISCUSSIONS WITH IBA ON MEDICAL INSURANCE SCHEME

As already informed to units, bipartite meeting was held today between IBA and UFBU regarding renewal of our Medical Insurance Policy for serving employees/ officers as well as for the retirees for the ensuing period 2018-19. IBA team was represented by Shri Rajkumar, Dy. Chief Executive, Shri S K Kakkar, Sr. Advisor (HR&IR), and Shri K S Chauhan, Sr. Vice President (HR). All our constituent unions were present in the meeting.

IBA informed us that United India Insurance Co. has given their proposal for hike in the premium on the Policies both for the serving employees/officers as well as for the retirees as under:

Serving employees/officers : Increase in premium by 29% over existing rate

Retirees(without Domiciliary) : Increase in premium by 110% over existing rate

Retirees (with Domiciliary) : Increase in premium by 144% over existing rate

We strongly objected to such steep hike in the rate of premium and informed the IBA that especially the hike in premium for the retirees is too exorbitant and not appearing to be relatable to actual claim ratio. We urged upon the IBA to take up with UIIC to drastically reduce the premium.

IBA informed us that they are already seized of the issue and the matter is being taken up with UIIC. We pointed out that the following points be kept in mind while finalizing the issue:

• There should be no attempt to discontinue the policy. Policy should be continued and renewed.
• The premium rates should be drastically revised downwards.
• Pending discussion with UIIC, the Policy for both serving employees and retirees should be extended upto 31-12-2018 with pro rata premium.
• Cost of upfront payment of annual premium should be factored in while finalizing the premium rate.
• Change in age profile of serving employees and retirees should be taken into account while working out the revised premium rates.
• IBA should take up with the Government for exemption of GST on premium amount.
• Renewed Policy should include a penalty clause for delayed sanction of bills/ reimbursement.
• If broker will not be involved in the scheme, suitable mechanism should be put in place to deal with cases of repudiation of claims, etc.
• Uniform guidelines should be given by IBA for sanction of amount under Buffer allocation.
• Premium should be worked out on a composite basis by clubbing both serving employees and retirees.
• Premium for retirees should also be paid by the managements.

IBA took note of the above points raised by us and assured to keep these views in mind while further dealing with the same.

Next round of Talks on 18-8-2018: Next round of Bipartite Talks (Sub-Committee) will be held on 18th August, 2018. Discussions will be held in the forenoon with the Officers Associations and in the afternoon with Workman Unions.

With greetings,

Yours comradely,
sd/-
(SANJEEV K. BANDLISH)
CONVENOR

Source: http://aisbof.org

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Bank Wage Hike: 10th Bipartite settlement 15% – IBA’s Offer 2%

Sony — Fri, 11 May 2018 12:34:04 +0000

Bank Wage Revision: 10th Bipartite Wage Hike 15% – IBA’s Initial Offer 2%

“UFBU rejects IBA’s initial offer of 2% hike in wage bill- 10th Bipartite settlement, there was increase of 15% hike in wage bill”

UFBU circular on Wage revision talks

Dear Comrades,

• WAGE REVISION TALKS WITH IBA & NEGATIVE ATTITUDE OF IBA-GOVERNMENT
• UFBU REJECTS IBA’s INITIAL OFFER OF 2% HIKE IN WAGE BILL
• DECIDES TO RESORT TO AGITION AND STRIKE ACTIONS
• HOLD MASSIVE DEMONSTRATIONS ALL OVER THE COUNTRY ON 8th/9th MAY
• GET READY FOR 48 HOURS CONTINUOUS STRIKE BY END OF MAY, 2018

“The much delayed negotiations with IBA on our Charter of Demands for wage revision re-commenced on 5th May, 2018 after a gap of nearly six months.

IBA team was led by Shri R.K. Takkar, MD, UCO Bank & Chairman of Negotiating Committee, Shri V.G. Kannan, Chief Executive, IBA, Shri P.S. Jayakumar, MD, Bank of Baroda, Shri Rajkiran Rai, MD, Union Bank of India, Shri Shyam Srinivasan, MD, Federal Bank and Shri S.K. Kakkar, Senior Advisor-HRA, IBA. UFBU was represented by leaders of our nine constituent unions.

Medical Insurance Scheme: The IBA insisted that representatives of UFBU should be part of the Committee to appoint the broker/service provider for administration of the Medical Insurance Scheme. We flatly refused to be part of that Committee since appointment of the Broker is not part of our Settlement and Unions are not to be involved in the same. However, we informed IBA that UFBU will be willing to discuss the problems faced by employees, officers and retirees to ensure that the scheme is implemented without any hassle. It has been decided to discuss the issue further.

Wage increase: We insisted that in view of the inordinate delay since the last meeting, the IBA should come out with their initial offer so that further negotiations can take place and finality reached expeditiously. We pointed out that Government/Finance Ministry have been repeatedly advising all Banks and IBA to expedite the wage revision process but the matter is being delayed. IBA stated that the Banks are facing increasing stress on profitability and the position of the Banks are not that good and this should be kept in mind while discussing the demands for wage revision. We stated that all the Banks are earning Operating Profits and it is only because of huge apportionment towards provisions for bad loans that Banks’ profitability is getting eroded and this in no way can be attributed to the employees and officers working in the Banks. Hence we demanded that there should be adequate and satisfactory wage revision.

However, IBA informed that looking to the present position of the Banks, there are constraints on their part and hence made their initial offer of 2% hike over the total Wage Bill as on 31-3-2017.

We informed the IBA that in the 10th Bipartite settlement, there was increase of 15% hike in wage bill and hence this offer of IBA is highly disappointing and totally unacceptable even as an initial offer.

We demanded that IBA should improve their initial offer so that the matter can be further negotiated to reach a mutually acceptable settlement with satisfactory and adequate wage increase.

IBA regretted their inability to improve their initial offer and hence UFBU outrightly rejected their offer and informed them that UFBU would be compelled to resort to agitational progrmames to press our reasonable demands.

UFBU Meeting: Thereafter, meeting of the UFBU was held and it was decided that the very meager offer of IBA should be brought to the attention of the Finance Ministry for their intervention and at the same time UFBU should commence agitational programmes.

Programme: 8th or 9 th May, 2018

Massive demonstrations all over the country before bank branches either during lunch time or after office hours. In bigger towns and cities, centralised demonstrations should be held.

By end of May, 2018, 2 Days/48 hours continuous Strike action preceded by other agitational programmes. (Dates of the strike will be informed next week after waiting for the response of the Government)

Comrades, we have been exercising utmost patience in pursuing our demands but perhaps IBA and Government have taken it as our weakness. It is time to show our unity and united resentment against the unreasonable approach of the IBA and the casual attitude of the Government in resolving our genuine demands for wage revision. Forge total unity, make the protest demonstrations massive in all places and await our call for strike action.”

Convenor /UFBU

Source: http://banknewskumar.blogspot.in/

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UFBU to hold Dharna before Parliament on 21.3.2018

Sony — Mon, 26 Feb 2018 11:48:09 +0000

UFBU TO HOLD DHARNA BEFORE PARLIAMENT AT NEW DELHI ON THE 21ST MARCH, 2018 DEMANDING ACTION ON ALL THOSE WHO ARE INVOLVED IN PNB FRAUD

CIRCULAR No. UFBU / 2018 / 02

Date : 24.02.2018

TO ALL CONSTITUENT UNIONS/MEMBERS

Dear Comrades,
• UFBU MEETING HELD AT CHENNAI ON 23RD FEBRUARY 2018
• UFBU DECIDES NOT TO PROCEED WITH OUR STRIKE NOW.
• UFBU TO HOLD DHARNA BEFORE PARLIAMENT AT NEW DELHI ON THE 21ST MARCH, 2018 DEMANDING ACTION ON ALL THOSE WHO ARE INVOLVED IN PNB FRAUD

Further to the meeting of UFBU held at Mumbai on 06.02.2018, another UFBU meeting was held at Chennai on 24.02.2018.

The meeting observed a minutes’ silence to pay homage to former leaders of UFBU Com. S R Bal (BEFI), Com. S R Sengupta (AIBOC) and Com.P.Lakshminarasiah (NCBE) who had passed away recently.

Talks with IBA: The meeting noted that in view of the disturbed situation in the banking sector on account of the recent PNB fraud, IBA had postponed the meeting scheduled for 21.02.2018 and it is expected that the meeting would be called within the next 2 or 3 weeks.

Our call for strike on 15th March: In view of the present situation in the aftermath of PNB fraud and the vitiated atmosphere in the entire banking sector, it was felt proper and accordingly decided not to proceed with the proposed strike on 15.03.2018.

PNB Scam: The meeting was seriously concerned about the manner in which a mega fraud has taken in place in Punjab National Bank and the way the Banks stand exposed to such unthinkable risks. However, the meeting noted that instead of full-scale investigation, attempts are being made to single out some few lower level staff as though they alone are responsible for entire fraud.

No one can hide the fact that there is gross negligence of control, supervision and monitoring as well as possibilities of complicity at various higher levels of management including the top officials of the Bank. Equally, one cannot absolve RBI for its failure to play its role and responsibilities which would have otherwise unearthed these irregularities much earlier.

The meeting felt that all efforts should be taken to restore the faith and confidence of the people at large in the Banks and to protect their hard-earned money in the Banks.

It was decided to undertake campaign programme amongst the public and also undertake programmes on the following issues and demands:
• Take tough action on all those invloved, connected and responsible for the fraud.
• Do not single out lower level staff
• Do not exclude RBIs’ role from the investigation.
• Avoid harassment of employees and officers by mass transfers
• Thorough probe by Joint Parliament Committee
• Restore people’s confidence in banking system.

It has been decided to hold Press Meet in all State Capitals between 5th and 10th March, 2018 to explain our standpoints and demands.

It has also been decided to hold a Dharna before Parliament at New Delhi on 21.03.2018 as a part of our programme to highlight our demands.

It was also decided to take up the issue with Chief Vigilance Commission about the misuse and wrong interpretation of their guidelines by some of the Banks thereby attempting to indulge in unwarranted mass transfers of employees and officers at this juncture.

With greetings,

Yours comradely,
(SANJEEV K. BANDLISH)
CONVENOR

Source: http://banknewskumar.blogspot.in/

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