NEW YEAR(2014) GREETINGS!!

Before extending my greetings to all of you……..

Let us rewind and analyse our activities in the past….

How many of us took part in union/association activities actively?

Whether we have attended all dharnas, demonstrations, meetings without fail?

On Strike days whether we attended demonstrations  at our working centers or gone to native place,taking rest, watching tv shows etc., or doing our long pending personal work?

Why I am asking these questions?

A tamil film song by our famous poet Kannadasan goes like this…

“Others can weep for us .It is possible …but they can’t eat for us..It is not possible.”

i.e. We have to eat for our hunger.

When we are not ready to spare a few hours for our wages, improvement in service condintion, security of job, How can we expect others (Union people)  to spare their time, energy for betterment of us?

Detailed Circular on Strike 20&21 January 2014

“Pursuant to the massive success of our strike action on 18th December,
2013, a meeting of UFBU was held in Hyderabad yesterday i.e. 23rd instant,
which was presided over by Com. K K Nair, Chairman of UFBU.

The meeting expressed its condolence over the sad and sudden demise of
Labour Minister Sri Sis Ram Ola who passed away recently.

The meeting congratulated all the Constituent Unions, their units and the
entire rank and file of members for the massive success of the strike on
18th December, 2013 which was meant to express our resentment over the
delay in the wage revision talks and against the inadequate offer made by the
IBA in response to the demand of the UFBU for a fair revision of wages looking
to the steep inflation. The strike was also meant to register our protest against
the unwarranted banking reform measures of the Government and demanding
reversal of these policies.

The meeting thanked all the Central Trade Unions for their support to our
strike action and also thanked the United Forum of Reserve Bank Officers and
Employees (AIRBEA, AIRBWF, AIRBOA) and All India Insurance Employees
Association for the solidarity and fraternal support to our struggle.

The Convenor informed that after issuance of strike notice on
2nd December 2013, IBA came with an initial offer of 5% increase on pay slip
components of all workmen and officers

DETAILS OF TALKS /10th B.P.S Dt.14.12.2013

 Full text of Circular No. UFBU/2013/11, dated 14.12.2013,
 issued by United Forum of Bank Unions
----------------------------------------------------------------------------------- 
 “Further to the call given by UFBU for All India Strike on 18th December, 2013, 
IBA held discussions with UFBU today in Mumbai. IBA was represented by Mr. T 
M Bhasin, Chairman of the Negotiating Committee, Mr. M V Tanksale, the newly 
appointed Chief Executive of IBA and other members of the Negotiating 
Committee. From UFBU, representatives of all our constituent unions were 
present. 

From the IBA, it was stated that looking to the stress on the profitability

OFFICERS FITMENT ON PROMOTION!

REPOSTED WITH CLARIFICATION ON REEADERS' REQUEST!

Officers’ Service Regulations – Fitment on promotion from one Scale to a higher Scale Procedure for Fitment of pay of officers on promotion from one scale to another.

1.   At the time of fitment of an officer on promotion to the higher scale of pay, the number of increment he would have/had earned i.e., one increment each for passing JAIIB/CAIIB Examination, as the case may be, shall be first reduced from the existing pay of the concerned officer prior to his fitment in the higher scale of pay on promotion. If, however, the officer is at the maximum of the scale, the following procedure should be adopted:

(i)      If the stagnation at the maximum of the scale is less than one year, the officer would not be drawing any Professional Qualification Pay. Then the number of increments i.e., one increment for JAIIB/CAIIB, as the case may be, included in his Basic Pay shall be reduced in the existing scale.

(ii)     If the stagnation at the maximum of the scale is for a year or more but for less than 2 years, the officer would be drawing a Professional Qualification Pay of Rs 410/- p.m. In such cases, if he had passed both JAIIB/CAIIB before the date of promotion, then one increment shall be reduced in the existing scale. If, however, such Professional Qualification Pay of Rs 410/- p.m. is for JAIIB only, then no increment need be reduced from the existing scale.

2.   If the stagnation at the maximum of the scale is for 2 year or more, the officer who has passed both JAIIB/CAIIB before the date of promotion, would be drawing a Professional Qualification Pay of Rs 1030/- p.m. In this case, there would be no scope for reducing the increments for JAIIB/CAIIB as even without CAIIB increments the officer would be at the maximum of the scale.

Note: The purpose of the above exercise is to determine as to what stage of scale of pay the officer would have been, had he not been granted increments for passing JAIIB/CAIIB.

LIST OF SOME TOP BANK LOAN DEFAULTERS IN PUBLIC SECTOR BANKS

PRESS RELEASE                                                                   5-12-2013

                                                                                           

                                                                                        Place:…………….

                      

 5^th December, 2013 – All India Demands Day

Ø  Against alarming increase in bad loans in Banks

Ø  Opposing the corporate loot of public money

Ø  Demanding stringent measures to recover the bad loans

Ø  TO STOP THE LOOT OF PUBLIC MONEY AND START RECOVERY OF BAD LOANS

Ø  TO KICK OUT BAD LOANS BEFORE THEY KILL THE BANKS

All India Bank Employees Association, the oldest and the largest trade union of bank employees in India representing more than 5 lacs of bank employees working in public sector banks, private banks, foreign banks, co-operative Banks and Regional Rural Banks is observing 5^th December, 2013 as All India Demands Day to highlight the issue of huge increase in the bad loans in the Banks.

Increasing bad loans – effect of banking reforms:  Banks are dealing with the hard-earned savings of the people and today, the total Deposits in the Banks in India have crossed Rs. 75 lacs crores.  This precious money of the people needs to be safeguarded and guaranteed by proper regulations in the Banks.  But the in the name of reforms and liberalisation, banking regulations are being de-regulated.  One of the main adverse effect of this de-regulation is the increase in bad loans in the Banks where the big borrowers take loans from the Banks and do not repay. 

FITMENT FROM CLERK TO OFFICER!

REPOSTED AS PER READERS REQUEST!

 

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/76/582/2011-12/2998

April 25, 2011

Designated Officers of Member Banks which are

parties to Bipartite Settlement

Dear Sirs,

Fitment formula on promotion from  Clerical  to  Officer cadre

We invite reference to our circular No. PD/CIR/76/582/565 dated 12.8.2006 enclosing the formula for giving fitment to clerical staff on promotion to officer cadre. Consequent upon the revision of the pay scales and allowances for workmen staff under the Ninth Bipartite Settlement as also for officers under the Officers’ Service Regulations w.e.f. 1.11.2007, a review of the existing fitment formula had become necessary.

The matter was considered by the Personnel Committee of IBA at its meeting held on 25^th March 2011 and Managing Committee of IBA at its meeting held on 29^th March 2011.  The Committees have approved the continuation of the 2006 model, as adapted to the current pay scales, for fitment of clerical staff on promotion to officer cadre in JMG Scale I on or after 1.11.2007. The new fitment formula with related guidelines is enclosed in Annexure.

MORCHA TO PARLIAMENT ON 12.12.2013

CONVENTION OF CENTRAL TRADE UNIONS
CLARION CALL FOR MORCHA TO PARLIAMENT ON 12.12.2013
MOBILISE AND JOIN IN LARGE NUMBERS
*****************************************
Members have already been informed of the decisions taken in the
Convention of all the Central Trade Unions and various other independent trade
unions that was held in Delhi on 6th August, 2013, to which UFBU was also
invited and the representatives of all the constituent unions particiapted.
Members are also aware that a clarion call was given from the Convention to
organise a massive morcha to Parliament on 12th December, 2013 to focus the
following 10 point charter of demands:
• Concrete measures to contain price rise;
• Concrete measures for employment generation;
• Strict enforcement of labour laws;
• Universal social security cover for organized and unorganized workers and
creation of National Social Security Fund;
• Stoppage of disinvestment in Central and State PSUs / Undertakings;
• No Contractorisation of work of permanent / perennial nature and
payment of wages and benefits to the contract workers at the same rate
as available to the regular workers of the industry / establishment;
• Amendment of Minimum Wages Act to ensure universal coverage
irrespective of the schedules and fixation of statutory minimum wage at
not less than Rs.10, 000/- linked with cost price index;
• Remove all ceilings on payment and eligibility of Bonus, Provident Fund;
Increase the quantum of gratuity;
• Assured Pension for all;
• Compulsory registration of trade unions within a period of 45 days and
immediate ratification of the ILO Conventions Nos. 87 and 98.

Pension option to Resignees/VRS News!!

Pension option to Resignees/VRS News!!

It is almost certain that all bank employees(opted for P.F in 1995) who resigned thereafter is going to get 2^nd pension option. Yes, read the following

12.11.2013: Punch No.3

High court of Karnataka on 25.,10.2013 dismissed the REVIEW petition by Vijaya Bank on the above subject.

PREVIOUS INFORMATIONS:

Health Insurance Scheme:

Discussion Paper on proposed Health Insurance Scheme:

IBA’s proposal of Health Insurance Scheme in lieu of existing Hospitalisation Expenses Reimbursement Scheme.

As you are aware, presently, under our Bipartite Settlement, hospitalisation expenses are reimbursed upto 100% for employees and 75% for eligible family members as per the prescribed schedule of charges. In our Charter of Demands for the 10^th Bipartite Settlement, we have demanded for improvements in the scheme to cover 100% of the expenses for self and family without any restrictions.  In response to our demand, in the last round of discussions, IBA proposed introduction of Health Insurance Scheme in lieu of the existing reimbursement scheme.

The broad sketch of the proposed scheme is as under:

Ø  100% reimbursement or cashless settlement of hospital bills for self and dependent family members with the following ceiling:

Officers       :        Rs. 4,00,000 per year

Clerks         :        Rs. 3,00,000 per year

Sub-staff    :        Rs. 2,00,000 per year

Details of discussions on 11.10.2013!

UFBU CIRCULAR No.6 DATED 11-10-2013

BIPARTITE TALKS WITH IBA

Another round of bipartite discussions was held today in Mumbai between IBA and UFBU on our demands for wage revision.  IBA was represented by its Core Committee led by Shri R K Dubey, CMD, Canara Bank and UFBU was represented by all the Nine Constituent Unions.

D.A. Formula:  Revision of Dearness Allowance formula has been discussed at length since the CPI points under 1960-series are no longer compiled and published and the DA payable is being arrived at after duly converting the Consumer Price Index (CPI) points compiled under 2001-series.  UFBU has impressed upon the need to switch over to CPI 2001-series for payment of DA and revision of DA on monthly basis.  IBA said that they have to examine the matter in detail before responding.

Reimbursement of Hospitalisation Expenses:  Management wanted to know the response of the UFBU on introduction of Medical Insurance Scheme. 

ACCEPT OR NOT?

As you all know IBA has proposed a Health Insurance Scheme in lieu of present system of Reimbursement of Hospitalisation expenses.

We are at a stage whether to accept the proposal or not /accept with some safeguards/improvements.

Both the systems have their  own merits and demerits.

In the present system, employee has to incur expenditure and then get reimbursement.

Employee has to admit himself in a Bank approved hospital, otherwise his will not be reimbursed.

Ceiling for each and every item, like bed charges, operations charges, clinical test charges et.,

Maternity expenses not reimbursed in case of normal delivery (allowed in case of caesarian) and so on.

ADOPTION OF UNIFORM HOLIDAYS CALENDAR –                            GRID BASED CHEQUE TRUNCATION SYSTEM

Circular issed by BEFI:

Dear Comrades,                                                                     02.10.2013

Curtailment of Holidays in the name of Adoption of Uniform Holiday Calender under CTS. 

Following is the text of our letter dated 01st October, 2013 addressed to the Governor, Reserve 

Bank of India, copy to the Chairman, IBA, on the captioned subject; the letter is self explanatory. 

Incidentally we like to inform you all that, opposing RBI decision to keep banks open during the 

Onam Festival on 15th September last, Kerala State UFBU gave a call to boycott attending office on 

that day which received all out response from all sections of employees and officers. 

7th Central Pay Commission.

Bank employees are asking wages equal to Central Government Employees, but they...........

“the grass is always greener on the other side of the fence”

CONFEDERATION'S VIEW ON 7th CPC -PRESS STATEMENT

CONFEDERATION OF CENTRAL GOVERNMENT EMPLOYEES & WORKERS
(Central Head Quarters)
1st Floor, North Avenue Post office Building, New Delhi - 110001

Dated – 25.09.2013


Central Government has announced the constitution of 7th Central Pay Commission. Confederation of Central Government Employees & Workers has been raising this demand before the Government right from 2011 onwards and has conducted series of agitational programmes including Parliament March and one day nationwide strike on 12th December 2012.

FLASH BACK FOR BANK EMPLOYEES !!

FLASH BACK FOR BANK EMPLOYEES !!

NATIONAL PENSION SYSTEM!!

At last National Pension System (popularly called New Pension Scheme) bill is passed in both the houses of Parliament with the support of ruling party Congress and main Opposition party B.J.P.

Only Left parties, Trinamool congress, Samajvadi party and DMK opposed to it ( as per news agencies)

In 2004 the scheme was introduced by an administrative note and was made applicable to employees recruited in Central Government jobs. 

Some 26 State Governments also implemented this scheme for their employees from various dates. Still there are states, which didn’t implement this scheme.

In Banks the scheme was introduced to employees recruited from 01.04.2010.

(At least employees recruited from 2004 to 2010 are spared) 

I tried to differentiate the  new and old schemes with available information.

UNDERSTANDING WAGE REVISION PROCESS-2

Too many questions posted on

 “What will the new salary for me after 10^th B.P.S?”

My reply is “Sorry, We can’t predict at this stage”

Why?  IBA has not at all announced quantum of wage increase in Rupees, or % of increase.

Even if it announced, it will fall short of our expectations.

We have to fight, struggle, strike to get adequate increase.

After finalizing the exact quantum or % of increase, it should be applied to various heads like

B.P., H.R.A, SPL.ALLOW., P.Q.A, F.PA., MEDICAL AID, HALTING ALLOWANCE,LFC  etc.,

Also for P.F. contribution, Pension Old and New, Gratuity, etc.,

By increasing certain heads by certain amount,

How many employees will be benefited? And

Which section of employees will be benefited? These questions will arise.

To quote one example, take LFC. fare are decided by railway department.

We can only increase distance or class of travel. If we increase distance by % of increase in every settlement the distance will cross our country go beyond also.

Reimbursement of Hospitalisation will not be availed by all.

So far, wage increase arrived and agreed in quantum of rupees only.

BANK STRIKE ON 25TH SEPTEMBER, 2013

CIRCULAR TO ALL UNITS OF AIBEA & BEFI:                                    21-8-2013

Dear Comrades,

·  TIME TO GET UP AND RESIST

·  AIBEA-BEFI’S JOINT CALL FOR ALL INDIA  BANK STRIKE ON 25^TH SEPTEMBER, 2013

TO OPPOSE

o   ANTI-PEOPLE BANKING SECTOR REFORMS

o   CONTEMPLATION FOR  MERGER OF PSBs

o   UNWARRANTED CLOSURE OF ASSOCIATE BANKS & MERGER WITH SBI

o   RETROGRADE POLICY TO GIVE BANKING LICENCE TO CORPORTE AND BUSINESS HOUSES

o   UNILATERAL IMPOSITION  OF SERVICE CONDITIONS

The agenda of the Government on banking sector reforms is well-known to the bank employees of our country. 

UNDERSTANDING D.A. MERGER AND WAGE REVISION PROCESS!!

In the meeting 12.08.2013 it is decided to merge 4440 points of CPI with Basic pay.

What does it mean?

As on 01.11.2011 CPI was 4440 for D.A calculation i.e 401 slabs, 60.15%(@0.15% per slab)

As on 01.11.2012 CPI was 4876 for D.A calculation i.e 510 slabs, 76.50% (@0.15% per slab)

Now after merging 4440 points D.A. for balance 436 points i.e 109 slab will remain.

This 109 slab will not be calculated @ 0.15% as it will lead to giving D.A on D.A +basic.

Hence it will be reduced.

To what extent?

In 8 th bi-partite settlement D.A. merger was at 2288 points. % per slab was 0.18%

In 9^th bi-partite settlement D.A. merger was at 2836 points. % per slab was 0.15%

How 0.18 became 0.15?

Bipartite talks with IBA: 12.08.2013

Most of the junior employees misunderstood the merger of a portion of D.A with Basic Pay and it effect on wage revision.
It is a step towards wage increase and it itself is not wage increase.

I will come with the explanation how important and a step forward towards wage increase.

In the meantime read the detailed cir. on 12.08.2013 talks.

*******************************************
UFBU CIRCULAR No.UFBU/2013/4 dt. 12.8.2013;
********************************************

Bipartite talks with IBA:
******************

Another round of bipartite talks took place today in Mumbai between IBA and UFBU on our demands for wage revision. IBA was represented by their Negotiating Committee led by its Chairman Shri T M Bhasin. UFBU was represented by all our nine constituent unions. The meeting condoled the death of Com. R J Sridharan, Chairman, AIBOA, who was in the negotiating committee till 9th Bipartite Wage Revision. 

The meeting was held in a cordial atmosphere and discussions were fruitful. In the day-long discussions held, satisfactory decisions on some of the important issues could be arrived at. Continuing the discussions of the last round of talks held on 7th June, 2013, we emphasised the need for IBA to expedite and conclude the settlement in a time bound manner. We also asked them to react and respond to the issues like date of effect for commencement of the revised wages, consumer price index point upto which Dearness Allowance is to be merged with basic pay for construction of revised pay scales, quantum of wage revision, etc. 

Date of effect:
************

UFBU MET HONO'BLE FINANCE MINISTER!!

DETAILS ARE AS UNDER:

 “UFBU in its meeting held at Chennai on 4th July 2013, as a part of action 
programme, has decided to meet the Hon’ble Finance Minister in a delegation to 
bring to his notice the ongoing issues and seek his intervention. Accordingly, the 
delegation consisting the representatives of all the UFBU Constituents met 
Shri P. Chidambaram, Hon’ble Finance Minister in Delhi on 6th August 2013 and 
submitted a detailed memorandum on all our issues. The meeting was held in a 
cordial atmosphere. After minutely going through the contents of the 
memorandum, he responded that such of these issues which are to be addressed 
by IBA may be taken up in the ongoing negotiations on charter of demands and 
such of those involving policy decisions will be looked into by the Ministry. 
 The text of the Memorandum dated 6th August 2013 submitted to the Hon’ble 
Finance Minister on our issues is appended below for information.” 
 Sd/- 
(M. V. MURALI) 
 CONVENOR 
--------------------------------------------------------------------------------------------- 
Camp: New Delhi 
6
th August, 2013 
To 
Shri. P. Chidambaram, 
Hon. Minister for Finance 
Government of India 
New Delhi. 
Dear Sir, 

UFBU MEETING ON 4th JULY 2013

UFBU MEETING ON 4^th JULY 2013

UFBU Meeting was held on 4^th July 2013 in Chennai under the chairmanship of                   Com. Vinil Saxena, President, National Confederation of Bank Employees (NCBE).  The meeting deliberated at length, apart from the issues being confronted by the bank employees and officers, the developments at national level and its likely impact on Banking Industry.

          It was noted with serious concern the delay in wage revision negotiations and the lack of seriousness on the part of Indian Banks’ Association (IBA) in taking up the issues raised by the Unions in the Common Charter of Demands. 

KNOW HOW D.A. IS CALCULATED!

Many readers (especially junior employees) raise doubts about the meaning of 
“Merger of D.A at 4879 points” as mentioned in 07.03.2013 talks..
Also comment on the delay in the process of wage revision talks.
Hence I will post  about the significane of merger of D.A. with Basic Pay,
And the process of wage revision talks in the banking industry.
Those who already know about these subjects may explain to their juniors in the branches.
Others pl. read/understand and tell others.Before that for ur inderstanding I give below the details of how D.A is calculated.
RE-POSTED:

KNOW HOW D.A. IS CALCULATED!

1. Labour Department will release Consumer Price Index (No.)
   every month ,based on year 2001.

2. Jan,Feb,March is one quarter. Likewise there are 4 quarters.

3.Difference between average CPI over average of previous quarter is called increase.

4.Bank D.A is calculated on CPI based on year 1960.

WAGE REVISION TALKS! 07.06.2013

TEXT OF UFBU CIRCULAR No.2013/9 dt. 7^th June, 2013

IBA’s Negotiating Committee headed by Shri. T.M. Bhasin met the United Forum of Bank Unions today at IBA office in Mumbai.

In today's meeting, we demanded that there should be a time bound programme to complete the negotiations without much delay to arrive at the wage revision settlement at the earliest. IBA also agreed with our views and informed that the same can be worked out by mutual discussions. Today we also demanded that the wage revision should be effective from 1st November 2012 and that the new pay scale should be constructed by merging the DA at 4876 points i.e. the DA applicable to July- September 2012 quarter. We also insisted that the IBA should make their offer on the percentage of wage load acceptable to them. For this, the IBA informed us that they would consult the higher authorities in the Government and inform us in the next round of discussions. The IBA suggested that the pay scales could be constructed by merging the DA applicable upto 2009. We did not agree to this proposal. This issue will be discussed further.

23.05.2013 meeting of UFBU

-      UFBU Meeting held on 23.05.2013

UFBU meeting was held on 23.5.2013 at New Delhi in the AIBEA Office.  Com. Ashwani Rana, (General Secretary of NOBW) presided over the meeting.  All the nine constituent unions were present in the meeting.

A report on the developments since the last meeting was placed by the Convener along with the minutes of the previous meeting held on 31.1.2013, 22.2.2013 and 22.4.2013.  He also outlined the issues to be taken up with the Chairman of IBA in the afternoon.

The meeting deliberated and took note of the attitude of IBA in dealing with the charter of demands on wage revision submitted by the UFBU.  The meeting observed that even before any preliminary discussions could take place on the demands raised by the unions, the IBA was keen to foist their issues.  The meeting pointed out that while the UFBU would always willing to discuss any issue raised by the IBA with an open mind, the same cannot take precedence over the demands for wage revision.

HAPPY NEWS FOR BANK STAFF JOINED AFTER 01.04.2010!

Gratuity Pay under New Pension System

Death-cum-Retirement Gratuity is paid to Central Government employees under New  Pension System (NPS) as it is paid under the old pension scheme.  The monthly annuity under the New Pension System (NPS) is only a replacement of pension on retirement and family pension of death after retirement.  The benefits of Death cum Retirement Gratuity (DCRG) and pension/family pension have been provisionally allowed,  vide the Office Memorandum of Department of Pension and Pensioners’ Welfare No. 38/41/06-P & PW(A) dated 5.5.2009 in respect of Central Government servants covered under NPS in cases where a Government Servant is retired on invalidation/disability and in the case of death of a Government servant in service on the same rates as are applicable under the old pension scheme Central Civil Service (Pension) Rules, 1972.  The retirement gratuity is payable to the retiring Government servant.  A minimum of 5 years’ qualifying service and eligibility to receive service gratuity/pension is essential to get this one time lump sum benefit.

10th B.P.S. talks 22.04.2013

UFBU CIRCULAR NO. 7 dated 22-4-2013:

A round of discussion was held today in Mumbai between IBA and UFBU on our charter of demands for revision of wages and service conditions. The IBA was represented by the negotiating team headed by Mr. T M Bhasin (CMD Indian Bank and Senior Vice President, IBA).  UFBU was represented by the constituent unions.  NOBW could not be present due to their pre-fixed agitational programme in Delhi.

During this meeting, IBA provided the detailed data relating to establishment expenses of the banks as on March 31^st 2012, which will be taken as the basis for calculations in the ensuing wage revision exercise. According to the data, the total establishment expenditure/wage bill of the public sector banks as on 31-03-2012 comes to Rs.56,292 crores for workmen and officers put together.

The IBA also submitted the following Management issues for discussions by UFBU.

Officers:

1. Introduction of Cost to Company.

WHAT IS GOING ON IN STATE BANK OF INDIA?

Unwarranted provocations and attacks on trade union rights in State Bank of India

Genesis of the Issue:

The new Chairman took charge of the bank during April 2011. In May 2011, there was a meeting between the leaders of the Federation /Circle Association wherein we had been assured to look into all the outstanding issues with the Federation and a few issues were flagged for urgent consideration.

Ø  Since then there was no real progress in addressing the issues though a few meeting was held.

Ø  The Federation was compelled to issue a strike notice to strike on 8^th and 10^th November 2011. The strike was withdrawn on 5^th November 2011 on the assurance of the management that discussions will remain and positive view will be taken on all the issues.

Ø  Contrary to the assurances the top Management’s attitude towards the Federation changed and every action of Federation was treated with disdain.

Ø  Top Management personnel in all the Circles who used to participate in Association functions have now withdrawn from participation at the direction of the Chairman.

Ø  All bi-partite forums like Central/Circle Negotiating Councils were not conducted at regular intervals.

Present Crisis:-

Ø  During August  22^nd  and  23^rd of 2012 United Forum of Bank Unions called for a strike on number of issues including 5 day week in banking  Sector, in which we participated.

Ø  When there was so much of aspiration amongst the membership for 5 day week, the announcement by the Chairman of having seven day banking in State Bank of India came as a rude shock.

Ø  There was a spontaneous expression of the apprehension by the membership and to bring to the attention of the top Management a peaceful lunch time demonstration was conducted all over the country  in administrative offices on 28^th August 2012.

GENERAL STRIKE ON 20&21 FEB. 2013!!

GENERAL STRIKE ON 20&21 FEB. 2013!!

ALL BANK UNIONS TO PARTICIPATE!!

UFBU IN ITS MEETING TODAY 02.02.2013 DECIDED AS UNDER:

The meeting welcomed the joint call of all Central Trade Unions for the nationwide General Strike on 20^th and 21^st February, 2013 against the anti people, anti labour, Neo-liberal economic policies being pursued by the government.

Hence the meeting decided that in continuation of struggles against the economic policies of the Government, UFBU should support
the call of the Central Trade Unions and join the nationwide 2 days strike on 20^th and 21^st February, 2013.Accordingly, strike notice is being served on the IBA and all our units are requested to observe the strike call in all the banks all over the country including the RRBs and Co-operative Banks.

ISSUES AND DEMANDS:

LIC AND GIC EMPLOYEES CHARTER OF DEMANDS

UFBU has submitted charter of demands on 30.10.2012.

Two months has gone. Still negotiations are not started.

Reason quoted is “Still many banks have not sent their mandate to IBA to negotiate on their behalf with UFBU”.

In the mean time I wish to remind readers that last time Banks got 17.5% as wag revision. Even out this some crore of amount was set aside to SBI for compensating pension cost of PSBs.

Whereas LIC and GIC employees got 25 to 30% as wage increase.