All India Bank Employees’ Association calls for one-day strike on January 8

Mumbai: All India Bank Employees’ Association (AIBEA) has called for a one-day nation-wide strike on January 8 to protest against the “unfair” policies adopted by SBI with respect to its five associate banks.

BANK NEWS; Circulars issued by Union Bank for Salary Revisions of (i) Clerical / Sub Staff and (ii) Officers

UNION BANK RETIRED EMPLOYEES' ASSOCIATION

Date: 

​14th July,'15​

All the regular recipients of our Association's e-mails,

Friends,​

Circulars issued by Union Bank for Salary Revisions 

of (i) Clerical / Sub Staff and (ii) Officers

Two Circulars issued by the Bank are attached to this e-mail.

Yours sincerely,

B.G.Raithatha,

General Secretary

1.55 CLICK HERE

                                                                         2.56 CLICK HERE

                        

BANK NEWS-An article by Shri Rajesh Goyal

This is the Time for Coup by Bankers against Unions and Their Leaders – If You Miss This Opportunity, You will Face Worse 11th  BPS

by

Rajesh Goyal 

We have written several articles and exposed almost every move of the UBFU in last 30 months or so.  A Number of other bankers have also contributed towards the articles as to how UFBU had dismal low performance and almost sold the interest of the bankers.

BANK NEWS

IBA clarifies on Stagnation Increment under 10th Bank Wage Settlement for Bank Employees

Indian Bank’s Association

HR & Industrial Relations

No. CIR/HR&IR/XBPS/KU/919

June 16, 2015

Designation Officers of Banks which are parties to the 10th Bipartite Settlement/Workmen Union dated 25.5.2016

Dear Sir,

Stagnation Increment

Under the recently signed 10th Bipartite Settlement, it has been agreed that employees shall be eligible for 8th stagnation increment on 1st May, 2015 or two years after receiving stagnation increment, whichever is later.

It has been further agreed that the period of 3 years shall be reduced to 2 years for sanction of 6th stagnation increment.  Accordingly it has bee provided in the Settlement that an employee who has completed two years or more after receiving the fifth stagnation increment as on 1st November, 2012 shall receive the sixth stagnation increment as on 1st November, 2012.

In this connection, we advise that the financial benefit on account of this reduction of eligibility from 3 to 2 years for sanction of the 6th stagnation increment shall accrue on or after 1.5.2015 since the additional cost of such reduction in periodicity from 3 to 2 years has been adjusted at 50% of the actual cost and hence to be effective from 1.5.2015 (30 months out of 60 months of the period of the Settlement).

However under clause 40 of the settlement dated 25.5.2015 in ‘Implementation’ it has inadvertently mentioned as under:-

3

Stagnation Increment – 8th

1st May, 2015

In view of the adjustment of cost as 50% of the total cost towards improvements in stagnation increment/s this needs to be corrected and read as under:

3

Stagnation Increment improvements (5th to 6th & 7th to 8th Stagnation increment)

1st May, 2015

Member banks may kindly take a note of the above.

Yours faithfully,

K. Unnikrishnan
Dy. Chief Executive

Download IBA Circular No. No. CIR/HR&IR/XBPS/KU/919 dated 16.06.2015

BANK NEWS

UNION BANK RETIRED EMPLOYEES' ASSOCIATION

Date: 

​20th June,'15​

Friends,

​​

Govt. granted permission to implement salary revision of officers

​    A copy of the letter of permission issued by the Government is forwarded herewith for information of the members of our Association who retired after 1st November,'12.​

Yours sincerely,

B.G.Raithatha,

General Secretary

   

BANK NEWS

UNION BANK RETIRED EMPLOYEES' ASSOCIATION

Date:

​8th May,'15​

Friends,

X BP Settlement - Medical Assistance Scheme for 

Serving and Retired Staff - Circular by AIBEA

​ATTACHED-Click here​

Yours sincerely,

B.G.Raithatha,

General Secretary

   

BANK NEWS: Nationwide bank strike on June 24

Vadodara, May 30

The All-India Bank Employees Association (AIBEA) today called for a nation-wide strike on June 24 in support of various demands of the State Sector Bank Employees Association (SSBEA).
SSBEA, under its umbrella, has various unions of associate banks of SBI like State Bank of Bikaner and Jaipur, State Bank of Travancore, State Bank of Hyderabad and State Bank of Mysore and the like, which are also associated with AIBEA. 
Beside the nation-wide strike call, unions of associate banks - under SSBEA - have also called for a strike on June 4 in their respective cities pressing for their demands. 
The demands include delinking associate banks from SBI, not curbing right of trade unions' right of representation, extension of compassionate appointment scheme as per government guidelines, and recruitment of sub-staff and part-time employees AIBEA general secretary CH Venkatachalam said. — PTI

BANK NEWS

UNION BANK RETIRED EMPLOYEES' ASSOCIATION

Date: 

​28/5/'15​

Friends,

Subject :

​ Circular dated 27.5.'15 by AIBRF 

​ATTACHED​-CLICK HERE-

Yours sincerely,

B.G.Raithatha,

General Secretary

                                                                     

BANK NEWS

                   UNION BANK RETIRED EMPLOYEES' ASSOCIATION

​

Friends,

                           Letter dated 28.5.'15 by AIBRF to UFBU
                   

                               ATTACHED-CLICK HERE​

                                                           Yours sincerely,

                                              B.G.Raithatha,

                                           General Sec  retary

BANK NEWS-Record Note dated 25th May,2015 between IBA & UFBU REGARDING RETIREES' issues

Record Note dated 25th May,'15 between IBA & UFBU regarding Retirees' Issues

​ATTACHED-CLICK HERE​

Yours sincerely,

B.G.Raithatha,

General Secretary

BANK NEWS-JOINT NOTE_25.05.2015 FOR 10TH BP SETTLEMENT FOR OFFICERS-IBA & AIBOA

  CLICK HERE

BANK NEWS-- “LIGHT AT THE END OF THE TUNNEL” 7TH JOINT NOTE SIGNED TODAY -IBA & AIBOA

ALL INDIA BANK OFFICERS’ ASSOCIATION

Circular No. 11/VI/2015

May 25, 2015

 

                                                                                                                                                                                                                                       CAMP:  MUMBAI                                         

TO

 

ALL UNITS / STATE COMMITTEES

 

Dear Comrades

 

“LIGHT AT THE END OF THE TUNNEL”

 

7^TH JOINT NOTE SIGNED TODAY

 

CONGRATS  TO  ALL  BANKMEN

 

31 months of long journey  commenced on 30^th Oct 2012 has ultimately ended by inking the 7^th Joint note in the Banking Industry today at Mumbai, benefitting 3,04,090 Officers.

BANK NEWS-Compare How Much 10th BPS is Worse Than 9th BPS

[Reproduced from :www.allbankingsolutions.com]

We have reached on the final day when 10th BPS is likely to be signed any time today (25th May, 2015).  Soon we will see a flood of circulars, articles, facebook posts which will claim that it is a HISTORICAL settlement.   One of our readers Mr. B P Sinha has sent us the comparative charts of salary increase as per 9th BPS and 10th BPS.    

Actually, bankers this time were expecting a higher increase as they were last time befooled that their was lower increase that the 6th CPC as banks had to meet the expenditure for the 2nd pension option.

This time things are worst.   It may be called historical but it is historical that it has allowed the MINIMUM increase of percentage increase in the memory of bankers.   We put below the details for our readers to decide how they should judge it. 

 

BANK NEWS-10th BP SETTLEMENT -IBA & AIBEA

 CLICK HERE

BANK NEWS -SUBSTAFF- GROSS INCREASE-MAY,2015 [AIBEA]