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

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



21st JANUARY to 24th JANUARY 2015

and if the issue remained still unresolved


Thus Ten Lakhs Bank employees and officers working

in more than 85000 Branches all over the country

will observe the strike as per the call of the UFBU.


*Consumer Price Index number for July is 252 & for Aug& Sep is 253 i.e 8.66s point over average of last quarter.

Hence D.A from Nov 2014 is 732 slabs(+49slabs)
i.e 109.80% (+7.35%)

* Revised LFC encashment amount from 25.06.2014!

*Compassionate appointment for Bank Employees restored from 05.08.2014!


Friday, December 19, 2014

What happened in Conciliation meeting on 17.12.2014?

AIBOA explain through their circular dt. 19.12.2014…………….

On 17.12.2014, the adjourned sitting of the conciliation proceedings was held by Dy.C.L.C.[C], Mumbai at his office with the Nine constituents unions. 
AIBOA was represented by Com.M.A.Srinivasan, Dy.General Secretary and Com.Narendra Kotiawala, Joint Secretary and General Secretary of AIBOA[Maharashtra].

2.         It is a matter of concern to all the organisations that IBA, never before  attempted to go back to the individual Banks to revisit the mandate given by them to IBA in the matter of wage revision. 
Dena Bank and Andhra Bank managements had placed the agenda for the information of their respective Boards.
The action of the IBA is highly provocative. 
IBA’s managing committee  is proposed to meet on 29.12.2014 to take the stock of the situation.

Wednesday, December 17, 2014

Press Statement issued by C P KRISHNAN/BEFI-TN

Press Statement issued by C P KRISHNAN, General Secretary, 
Ten Lakhs Bank Employees and Officers launch
Indefinite strikefrom 16th March 2015
The wage revision of the Bank employees and officers has become due from 
November 2012 as the earlier Five Year Settlement expired on 31.10.2012.  
The charter of demands has been submitted well in time and so far 15 rounds of
bilateral negotiations have been conducted between UFBU (United Forum of Bank Unions),
an umbrella organization of Nine Unions of workmen and officers representing
98% of the work force and IBA (Indian Banks’ Association),
the body of the Management of all the Banks.

So far Five days Strike have been observed in

December 2013 (one day),
Feb 2014 (2 days),
November 2014 (one day) and
relay strike in Dec 2014 (1 day).

UFBU meeting held today afternoon decided as follows.
one day strike on 7th January 2015
4 days strike from 21 to 24 January 2015
INDEFINITE STRIKE .from March 16th
Wait for more news........

Tuesday, December 16, 2014

National Organisation of Bank Workers - NOBW
Today at 06:01 · 
A deligation of NOBW and NOBO under the leadership of Sri Lakshma Reddy VP B M S today met with Hon'ble Labour Minister and requested for intervention in deadlock of Bank Employees' wage revision.Minister assured to intervene in the forthcoming Conciliation meeting with DLC Mumbai scheduled for 17th Dec and advice the concerned accordingly.

Monday, December 15, 2014

AIBEA circular dt.12.12.2014 says………………..
10th Bipartite Wage Revision Settlement……………it has been decided that having regard to the various developments around us, it is advisable to conclude the settlement at the earliest and for this purpose a practical approach should be adopted by the Office Bearers / Negotiating Committee while aiming to achieve a reasonable and adequate increase in wages and improvement in service conditions keeping the priorities outlined by our Wages Sub-committee and approved by our Central Committee.
Unfortunately, having regard to the views of different constituents of UFBU, such a position has not emerged so far. In the meantime, besides maintaining an adamant posture in the negotiations, IBA has also written to all the Banks seeking their views on a possible revised mandate which is wrought with serious implications.
…………………..we learn that while UFBU is dealing with the issue, and a meeting of the UFBU is slated to be held on 17th December to take further course of action, 4 Officers’ Organisations including AIBOA have announced some separate agitational programmes commencing from 16th December.  Earlier also, one of the constituents had announced separate programmes. We feel such steps would weaken the common endeavours.
……………………..In this background, our AIBEA Office-Bearers are meeting in Mumbai on 19th & 20th December, 2014 to take a review of all these disturbing developments and to take appropriate line of action for achieving early and better wage revision.
We are sure that our units will understand, appreciate and co-operate………..

Previous developments: