Dear reader!

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

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

*Consumer Price Index number for July is 252 & for Aug is 253 i.e 8.5 point over average of last quarter. It indicates an increase of around 50 slabs (7.5%) in D.A from Nov 2014. CPI for Sep. may increase or derease this slabs.

*No progress on Talks on 10thB.P.S between IBA and UFBU on 26.09.2014. One day strike announced (date not yet decided.).

*IBPS CWE-III-Clerk-Batch-II, 2014-15 –INDIAN BANK:
date of induction training for Clerical Candidates – Batch II, scheduled from 07.10.2014 to 18.10.2014 stands deffered. Date of training will be informed in due course.

*Is ESOP on cards for Bank Employees?

* Revised LFC encashment amount from 25.06.2014!

*Compassionate appointment for Bank Employees restored from 05.08.2014!

*D.A. rate for Aug ,Sep ,Oct 2014: 102.45%

Monday, October 20, 2014

UFBU circular st.13.10.2014 says…..

It was also decided unanimously by the UFBU to
withdraw all types of extra co-operation
by workmen/officers with immediate effect and
to boycott all meetings called for by the bank managements
after normal office hours.
The meeting also decided against working
on Sundays and other holidays.
BEFI circular dt.181032014 says……

In addition to the day/date/time-specific programmes conveyed
through our said circular,
UFBU has also decided to withdraw
all types of extra co-operation by workmen/officers

Saturday, October 18, 2014

Refer my post “Do not spread rumours!”

All the rumours/news mentioned theirin are proved as fake .
The latest and additional one about “Pay commission“also proved wrong.
I don’t think present day bankers are not so innocent to fall prey to these rumours.
I request the creators of these rumours, please keep away.

On scrutinizing comments in my posts,
We can identify which is genuine concen/comment,
comment out of frustration and which is a comment with hidden agenda.
There are group activities also found with the sole intention of
tarnishing the image of trade unions.

Don’t do harm to trade union activities, if not you could contribute.

I think it is not practically possible for union leaders to visit all FB accounts and blogs and read thousands of comments posted.
For comrades who post their genuine concerns,
I suggest that,you may write letters to your state units of bankwise unions/associations expressing your views and concerns. This may create pressure on unions to take more serious decisions on struggles.
Posting of comments in social media may be an outlet for your frustration, but your direct participation only can make changes.
The only rumour left out to be proved is
“One unions is ready to sign for 13.5-14%”

Thursday, October 16, 2014

UFBU’S Strike programme:

A one day strike on 12.11.2014 is announced.
Great disappointment!
Selection of date is frustrating!

Regarding second part of strike.i.e., relay strike in different dates
in different regions:
It is a new concept and new attempt.
Logic behind may be more disturbance of banking transactions with least
loss to employees. Absence of clearing house operations in different regions will be felt for all 4 days.

AIBEA circular on Pay commission rumours....................

Scotch rumours of referring our demands to Pay Commission
Defend collective bargaining – Defeat third party intervention

For the past few days, there are reports in some of the newspapers that the Government is thinking of referring the wage revision demands of bank employees and officers to the Pay Commission. 

Some of the papers had carried the name of one Mr. Ashwani Rana of NOBW as the source. 
During the UFBU meeting held at Bengaluru on 13-10-2014, the leaders of NOBW reiterated that NOBW stands for bilateral settlement and not for referring the demands to Pay Commission. 

Further, during this meeting, all the constituents of UFBU firmly reiterated their stand in favour of bipartite agreement and against foisting any tribunal or Pay Commission on banking sector. 

Monday, October 13, 2014

First hand information:
UFBU meeting at Bangaluru today:
Decisions taken:
Rallies/Demonstration: 30.10.2014
Countrywide Strike: 12.11.2014
Relay/Regionwise strikes on:
02.12.2014=>Sothern Region
03.12.2014=>Northen Region:
04.12.2014=>East and North East Region
05.12.2014=>Western Region
( One day in each region)
We have to wait for