IBPS-Called for applications-for post of

Bank P.O.!

Application registration date:

22.07.2014 to 11.08.2014

Tentative Exam date: October 2014




Dear reader!

*Please send news related to Bank Employees and your Queries, to my e-mail vetrinicchayam@gmail.com*

Follow me on facebook http://www.facebook.com/indianbankkumar

*****CURRENT NEWS*****

13.06.2014: 10th B.P.S.: Todays talks:
UFBU demanded 25% increase in pay slip cost(on Gross salary).
IBA offered only 11%.
UFBU rejected the offer.
UFBU will decide further course of action shortly.


30.04.2014: D.A rate for May 2014

Under U.P.A Govt. 2004 to 2014 D.A.increased Continuously(755 slabs).
But, for May, Jun, Jul 2014
D.A.decreases by16 slabs.
Total slabs 650 =97.5%
Is it a Good News or Bad News?

Monday, July 21, 2014

Indian Bank clerical recruitment 2014-15

First batch of selected candidates have joined our bank on 02.06.2014
Out of about 900 candidate called for training,
around 600 only joined as per reports.
The date of second batch is not yet decided/announced.
Anxious candidates are sending me mails about the prospective date.
You might have read the announcement published in our Bank' website,
( reproduced below)
which is self explanatory.
I wish to tell you that more than enough vacancies are there.

Saturday, July 19, 2014


You might have read my status dt. June 26
"Is there any security for Bankmen's life inside Bank premises?
Pl watch the video attached."

and status dt.July 8
"Indian Bank Employees Association (T.N.) affiliated to BEFI has taken up the issue and decided to fight openly."

Further to the above news Indian Bank Employees Association(T.N.) affiliated to BEFI has conducted evening demonstration in front of all Zonal Offices in Tamilnadu condemning atrocities of certain mischievous customers and inactiveness of bank management.

( on the date of demo. Indian Bank Management instructed all branch managers not to give permission or leave to any of the employees. What an Idea? employees are slapped on both cheeks?))

Thursday, July 17, 2014

Outcome of UFBU Meeeting dt.15.07.2014


A meeting of UFBU was held today in Mumbai, participated by all of its constituents. Com A.K. Ramesh Babu, our President, Com G.M.V. Nayak, our Vice-President and the undersigned attended. 

After taking stock of the situation, in relation to wage revision, UFBU decided that it will demand of IBA to immediately fix next date for bipartite talks on wage revision and to expedite the process for an early settlement. 

UFBU also decided to chalk out strategies to secure early wage revision. 

Sunday, July 13, 2014

A meeting of Unions is arranged by UFBU

A meeting of Unions is arranged by UFBU
on 15.07.2014 in Mumbai,
to take stock of developments and 
decide the future course of action.

Why there is stalemate in wage revision talks?

Saturday, July 5, 2014

PROTEST DEMONSTRATION!(customer attacking Bank Manager)

You might have watched video of a customer attacking Bank Manager posted
in this blog earlier.
Indian Bank Employees Association (T.N.) affiliated to BEFI has taken up the issue and decided to fight openly.
When contacted over phone,Com. K.Krishnan , Secretary,BEFI, and President of
Indian Bank Employees Federation, said
“all employees irrespective of cadre and union affiliation should participate in the demonstration and make it a grand success.
Posters and circulars are being sent to branches.
Circular narrates various incidents in various branches of the Bank.
Most customers understand the rules,regulations,problems,&work pressure of the employees and maintain
Cordial relationship,with the employees.
Only those customers, who abuse and behave unruly, spoil the good relationship."

Translation of poster issued is as under:

Sunday, June 29, 2014

Text of the Memorandum given to Finance Minister!

Circular No: 18/2014
To All Affiliates/Office Bearers/CC/GC Members

A nine member delegation representing all the constituents of UFBU met Shri Arun Jaitley, Hon’ble Finance Minister, Government of India, today in New Delhi and submitted a Memorandum on wage revision (text appended). On hearing the views of UFBU for an expeditious wage settlement, the Minister said that he would call for detail report on the developments of wage talks with IBA from the Departmental Secretary and give suitable advice in the matter.

With greetings,

Text of the Memorandum

“Respected Sir,

We submit, for your kind perusal and information, the present position with regard to the negotiations between the Indian Banks’ Association (IBA) and United Forum of Bank Unions (UFBU) on the revision of wages and service conditions of Bank employees/officers.

United Forum of Bank Unions (UFBU) is the umbrella forum of 5 workmen unions and 4 officers’ associations in the Banking Industry covering 1 million workmen and officers and is currently on wage negotiations with Indian Banks’ Association (IBA). The wages and service conditions in the Banking Sector are governed by the Industry-level Bipartite Settlements signed between the IBA and the Negotiating Unions/Associations of Bank employees/ officers. The term of the last settlement (9th bipartite agreement) came to an end on 31.10.2012 and the revision of wages and other service conditions has become due since 01.11.2012.

Saturday, June 28, 2014

Business Standard
Saturday, June 28, 2014 | 09:14 AM ISTop of Form
Bottom of Form
 Bank unions meet FM, press for early wage revision
Union member claims IBA offered a 'meagre' 11% increase in pay-slip components, against union's demand of 25%
BS Reporter & PTI  |  New Delhi  
June 27, 2014 Last Updated at 20:34 IST

Representatives of the trade unions of public sector bank employees on Friday met Finance Minister Arun Jaitley and sought his intervention to ensure early settlement of negotiations on wage revision.
Jaitley assured representatives of the United Forum of Bank Unions (UFBU) Financial Services Secretary R S Sandhu would look into the matter and the settlement process expedited, union leaders said.