BIPARTITE TALKS WITH IBA ON 31-10-2020 – MOVING TOWARDS FINAL SETTLEMENT

ALL INDIA BANK EMPLOYEES’ ASSOCIATION
Central Office: “PRABHAT NIVAS” Regn. No.2037
Singapore Plaza, 164, Linghi Chetty Street, Chennai-600001
Phone: 2535 1522 Fax: 2535 8853 Web: www.albea.in
e mail – chv.albea@gmailcom & albeahq@gmail.com

CIRCULAR NO. 28/248/2020/86

2-11-2020

TO ALL UNITS AND MEMBERS:

Dear Comrades,

• BIPARTITE TALKS WITH IBA ON 31-10-2020
• MOVING TOWARDS FINAL SETTLEMENT

We reproduce herein the text of the Circular Jointly issued by AIBEA- NCBE-NOBW- INBEF on the outcome of the discussions with IBA held at Mumbai on 31-10-2020.

As would be observed from this joint communication, revised pay scales have been worked out as under.

Issues like PQP, Special Pay, Fixed Personal Pay, HRA, Medical Aid, etc. are being finalised.

There would be 9 stagnation increments for both clerical and substaff at an interval of 2 years each.

DA rate would be 0.07% per slab of 4 points over 6352 points of Index.

HRA rate would be uniform for all centres Al over the country as against existing 3 different rates.

DA will be payable on Special Allowance and Transport Allowance.

Revision in duties/ powers and quantum of allowance of Special Pay posts are being worked out.

Also check: Bipartite Wage settlement – INTRODUCTION OF 5 DAY WORKING WEEK IN BANKS

In view of all these issues nearing finality, stage is now set for the final settlement at the earliest. Already fake news in the name of AIBEA, false news, half-baked news, speculative news, etc. are active in the market. Other impediments are also being created. Hence all our units and members are cautioned not to be misled by all these attempts. Maintain unity and calmness. We cannot afford to divert our attention at this stage.

Yours comradely,
C.H. VENKATACHALAM GENERAL SECRETARY

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ALL INDIA BANK OFFICERS’ CONFEDERATION (AIBOC)
ALL INDIA BANK OFFICERS’ ASSOCIATION (AIBOA)
INDIAN NATIONAL BANK OFFICERS’ CONGRESS (INBOC)
NATIONAL ORGANIZATION OF BANK OFFICERS (NOBO)

Date: 03.08.2020

Shri Debasish Panda
Secretary
Department of Financial Services
Ministry of Finance
Government of India
New Delhi

Dear Sir,

INTRODUCTION OF 5 DAY WORKING WEEK IN BANKS

At the outset, we convey our greetings on behalf of four officers’ organisations of the banking industry. You are aware that the M.O.U of the XIth Bipartite Wage settlement has been signed on 22nd July 2020 after protracted negotiations spanning over two and a half years. There had been a number of roadblocks on the way, which have been resolved amicably through your timely intervention and fruitful suggestions. We take this opportunity to place on record our appreciation for the positive role played by your good office in resolving many of the issues confronting bankers.

Also check: Bipartite talks on 22 July 2020 – Bank issues like Merger of Special Allowance with Basic Pay

2. Sir, we draw your kind attention to a two day strike call given by the four officers’ organisations on 26th and 27th September 2019 in the backdrop of the announcement of Merger of 6 Public Sector Banks with 4 other banks as was announced by Hon’ble Minister of Finance on 30th August 2019. The strike notice served on the authorities (Government of India, and IBA), inter alia, had incorporated certain other pertinent issues too besides the merger of Banks were viz. a) Issuance of Mandate for wage revision by 5 banks to cover all officers; b) 5 day week; c) Pressure on officers to sell the third party products ; d) Revision of Family pension and e) Updation of Pension af ai.

3. On 23rd September, 2019, the representatives of the four officers’ organisations had a purposeful initial interaction with by Or. Madnesh Kumar Mishra, Joint Secretary DFS and subsequently with Shri Rajeev Kumar, the then Secretary, DFS where other senior functionanes of DFS were also present. During the discussions held with the then Secretary, DFS, on 5 day week, it was categorically assured that the demand would be actively considered. Even if ail Saturdays off at that point of time, could not be introduced, an additional Saturday off could well be worked out. Till date, there is no positive response In this regard.

4. As you are well conversant with the present day plight of the citizenry of our nation due for the pandemic COVID 19, we are of the considered view that with the spike in footfall, bank branches have become a community transmission hub of COVID 19, obviously a matter of serious concern, following the surge of infection amongst the bankers after the implementation of Unlock process. Several state governments have woken up to the realization and closed down bank branches on all Saturdays under N.I. Act to ensure that banks are closed on two consecutive days to “Break the Chain”. Further, despite tremendous constraints, the financial army has responded to the call of the nation in a magnificent manner during the period of crisis to render yeoman service with patience and precision. in the process, unfortunately hundreds of bankers have laid down their lives in the line of duty.

5. India is in the midst of digital revolution. As per experts, India is set to leapfrog many advanced countries in this space. Customers in the country are leaning towards digital adoption of financial services faster than previous estimates. There will be a paradigm shift in banking transactions from the brick and mortar banking to digital transactions concept. The PSBs have given priority in the development and expansion of alternate channel. Banks are making, in terms of long term planning, huge investment towards capex for alternate channel like ATM to cope with the digital revolution in financial services in the country. With the ongoing digital drive in the country, the number of users opting for online banking is expected to shore up significantly.

6. In the above backdrop, we would request your good self to explore introduction of 5 day working week on a pragmatic approach and take a holistic view on the issue in the given situation for a positive catalytic step in the direction of Digital India in conformity with Hon’ble Prime Minister’s vision. A positive move in this regard at this juncture will immensely benefit the centre fraternity of bankers along with the society to effectively combat the contagion.

With regards,
Yours sincerely,

(Soumya Datta) General Secretary AIBOC
(Nagarajan S) General Secretary AIBOA
(Prefn Kumar Makker) General Secretary INBOC
(Viraj Tikekar) General Secretary NoBO

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AIBOA reports on Meeting of IBA and UFBU 23rd Feb and Salient features of 10th Bipartite Wage Settlement for Bank Employees and Officers

Circular No.6/VI/2015

To:

ALL UNITS / STATE COMMITTEES

Dear Comrades,

WAGE REVISION – 18TH ROUND.

    TOTAL QUANTUM CLINCHED.

    A NEW SERVICE CONDITION INTRODUCED.

    4 DAYS STRIKE CALLED OFF.

a.  Date of Effect      1.11.2012.

b.  Total Increase of 15% in Payslip components- amounting of Rs 4725 crores.

c.  Construction of new Basic Pay by merging 60.15% of D.A impact where of not to exceed 2% of BP plus DA amounting Rs 597 cr.

d.  2nd and 4th Saturdays will be holidays and other Saturdays will be full working Days.

Source: AIBOA

The post AIBOA reports on Meeting of IBA and UFBU 23rd Feb and Salient features of 10th Bipartite Wage Settlement for Bank Employees and Officers appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.