Friday, January 18, 2019

Bipartite Discussions with IBA


One more round of Bipartite  Discussions was held between workman unions and IBA today at Mumbai.  IBA was represented by Mr. Rakesh Sharma, (MD of IDBI Bank), Chairman of the Small Negotiating Committee, Mrs. Reeta Kaul, GM, PNB, Mr. S K Suri, GM, Allahabad Bank,  Mr. B Rajkumar, Dy. Chief Executive, IBA, Mr. Sanjay Prakash DGM, SBI, Mr S K Kakkar, Sr Advisor-HR, IBA and Mr. KS Chauhan, Sr Vice President, IBA.  We were represented by our five Workman Unions.

The following issues and demands were taken up during the discussions today:
Recent development i Catholic Syrian Bank......

GS/LM/32/2017-19 09.01.19

Mr C VR Rajendran
The Catholic Syrian Bank Ltd
Head Office


Notice of Compulsory Retirement from Service (CRS)

It is reported that about 65 Officers of the Bank have been served with a one month notice
of Compulsory Retirement from Service (CRS)
The reason cited for this action is the ‚impairment of efficiency‛ of these Officers due to
advanced age. The letter tersely states that ‚As per the existing policy of the Bank, a note
was placed to the Board in the meeting held on 13.12.2018 to evaluate the performance of
Officers who attained the age of 58 and 59 as on 30.11.2018‛.‚After discussion, the Board
resolved to impose compulsory retirement to those officers who secured ‚less than
satisfactory rating‛
The letter justifies the termination on the basis of the provisions of HO Circulars 220/86 and
Let us point out the gross violations in procedure in the light of the provisions contained in
HO Circular No.220/86 and Cir. No.372/1990
An Officer may be compulsorily retired from the service of the Bank only after complying
with the following formalities:

Wednesday, January 2, 2019

*Coordination of Bank Pensioners and Retirees Organisations*
*(Federation of SBI Pensioners Associations, AIBPARC, RBONC, AIRBEA & FORBE)*
*All India Bank Retirees Federation(AIBRF)*

                   *MASS DHARNA*
*On Tuesday 8th January 2019* 
*TIME 3 00 PM to 5 00 PM*
*Venue: Valluvar Kottam , Nungambakkam Chennai*


1. _Pension Updation ( Pension Revision)_
2. _Revision of Family Pension in line with Government  and RBI Pensioners_