Banking News Estd. 20-4-1946 20 AUGUST, 2015 For a greener planet, please don't print this unless necessary NEWS BULLETIN from ALL INDIA BANK EMPLOYEES ASSOCIATION Bank Employees to observe All India Strike on Sep 2 New Delhi Wednesday, Aug 19 2015 Employees of Public Sector Banks, Private Sector Banks, Foreign Banks, Regional Rural Banks and Cooperative Banks would observe All India strike on September 2 against the 'anti -labour', 'anti-people' policies of the Central Government and in support of the call given by the Central Trade Unions in the country. All India Bank Employees Association (AIBEA) General Secretary C.H. Venkatachalam told UNI today that the strike was in the backdrop of increasing attacks on the workers rights and privileges and encouragement and concessions being extended to the employers. There are open attempts to amend the various labour laws in favour of the employers and to the detriment of the workers. The neo-liberal economic policies are only aggravating the problems of the workers and common masses, he added. The strike call has been given by All India Bank Officers Association, Bank Employees Federation of India, Indian National Bank officers Congress, National Organisation of Bank Workers,
Indian National Bank Employees Federation, National organisation of Bank officers, All India Co-op. Bank Employees Federation, All India Gramin Bank Employees Association, All India Gramin Bank Officers Association, All India RRB Employees Association, All India Reserve Bank Employees Association and All India Reserve Bank Workers Federation. Listing aspects of the policies and proposals of the Union Government, Mr Venkatachalam said Amending all labour laws to empower the employers with unfettered rights to hire and fire, stripping the workers and trade unions of their rights, unlimited FDI in strategic sectors like Railways, Defence and Financial Sector, sweeping changes in the exi sting Land Acqui si ti on Act, Farmers ri ght to l and and agri - workers right to livelihood were being sought to be drastically curbed and curtailed. EPF and ESI schemes are proposed to be made optional, Attempts were also being made to dismantle the basic social security structures available to the organized sector. The Government has not taken any steps to curb price rise of essential commodities, generate adequate employment. weakened public distribution system trying to scuttle it through Direct Benefit Transfer resulting in further squeeze on the common people, he added. Vari ous State governments have brought about drasti c anti - workers changes in basic labour laws like Industrial Disputes Act, Contract Labour (Regulation & Abolition) Act, Factories Act and Apprenticeship Act and Trade Unions Act. Proposals for new Small Factories (Regulations of Service conditions) Bill which prescribes that major 14 labour laws will not apply to factories employing up to 40 workers. Labour Code on Wages Bill and Labour Code on Industrial Relations Bill which under the cover of amalgamation seek to make registration of unions almost impossible, Making retrenchment of workers and closures of factories easy, he said. Mr Venkatachalam alleged that Amendment Bills have been put in public domain without consulting the trade unions thereby violating the provisions of ILO Convention 144 on Tripartite
Consultation, inaction in implementing the consensus recommendations of 43rd, 44th and 45th Indian Labour Conferences on formulation of minimum wages, same wage and benefits as regular workers for the contract w orkers and granting status of workers with attendant benefits to those employed in vari ous Central government schemes like anganwadi, mi d-daymeal, ASHA, para-teachers etc. Speaking on the Banking industry, he said there are continuous attempts to push through the reforms agenda aimed at privatisation of banks, consolidation and merger of Banks. More and more private capital and FDI are being encouraged. Regional Rural Banks are sought to be privatised and the Bill has been passed by the Government in the Parliament despite protests by Bank Unions. Primary Agricultural Co-operative Societies (PACs) are under threat of winding up. Urban Co-operative Banks were under threat of delicensing. Private sector executives are imposed on the public sector banks. All the Government schemes are being imposed on the Banks without proper infrastructure and manpower resulting harassment and problems faced by the bank staff. Permanent and regular jobs are being outsourced on contract basis and contract employees are being exploited, the AIBEA General Secretary further said. UNI To help others we only need a good heart Ms. Nallabhai Mani, a part time sweeper of Andhra Bank is a shining example AIBEA is proud of her. Ms. Nallabhai Mani is working as a part time sweeper in Andhra Bank, Vijayawada. She is a member of our AIBEA Union. Due to the recent 10 th Bipartite Wage Revision Settlement signed by AIBEA, she got an arrears of salary of Rs. 23,000. Out of this money received by her, besides paying the levy amount to the Union, she wanted to do something for the society. She decided to donate Rs.10,000/- to be utilised for the welfare of orphans.
The Vijaya Mary Integrated School for the Blind, Gunadala, Vijayawada, which houses, feeds and educates 100 blind children was chosen for the donation. The School did not want cash but rice, pulses etc., which will go to feed the children. Yesterday Ms. Nallabai Mani, accompanied by a few Andhra Bank employees brought the provisions to the school and happily handed them over to the sister in charge of the school. Satisfaction was writ large on Ms. Mani's face. She also spent some time mingling with the blind children. Munificence and benevolence have no bounds. We only need a good heart to help others. At a time when some of our members murmur for payment of Levy to the Union, Com Nallabhai stands out as a shining example. AIBEA is proud of Com Nallabhai Mani. The lady in blue saree is Com Nallabhai Mani AIBEA unhappy with private bank executives heading PSBs Bank unions today opposed the government's move to rope in private sector executives to head state-run banks, calling it as an attempt to dilute the character of the nationalised banks.
By: PTI August 18, 2015 Bank unions today opposed the government s move to rope in private sector executives to head state-run banks, calling it as an attempt to dilute the character of the nationalised banks. The appointment of private sector executives as chairman and MD/CEOs of various public sector banks, though not surprising going by the policy approach of the Government, is a definite step towards diluting the public sector character of our banks, general secretary of All India Bank Employees Association (AIBEA), C H Venkatachalam, told PTI. He said, appointment of private sector executives to head public sector banks will not serve the purpose of social good, one of the biggest objectives of the public sector lenders. The social orientation of PSBs will be undermined as their total outlook would be only on maximising profit, he said. Additionally, it will also deprive senior cadre of their career growth opportunities, he added. The comments came in light of the government s move to appoint private sector executives to head two state-run banks with an aim to professionalise the operations. In the first, P S Jayakumar (Bank of Baroda) and Rakesh Sharma (Canara Bank) were drawn from private sector lenders to lead the banks as managing directors and chief executives. However, the Finance Ministry had clarified over the weekend that no such appointments would be made from the private sector further. Venkatachalam said the appointments will not help fight the ills at the state-run banks, including the high incidence of bad loans. MARCH ON TO GENERAL STRIKE ON 2 nd Sept. 2015 ALL INDIA BANK STRIKE ON 2 nd Sept. 2015 AIBEA-AIBOA-BEFI-INBOC-NOBW-INBEF-NOBO AICBEF-AIRBEA-AIRBWF-AIRRBEA-AIGBEA-AIGBOA
TOTAL ADVANCES OF PUBLIC SECTOR BANKS 31-3-14 31-3-15 1. Bank of Baroda 4,03,699 4,37,280 2. Bank of India 3,76,228 4,11,726 3. Punjab National Bank 3,49,269 3,80,534 4. Canara Bank 3,03,431 3,34,937 5. Union Bank of India 2,34,332 2,62,757 6. Syndicate Bank 1,76,240 2,05,804 7. Central Bank of India 1,83,321 1,94,967 8. Indian Overseas Bank 1,81,081 1,79,041 9. Allahabad Bank 1,40,905 1,53,095 10. UCO Bank 1,53,163 1,51,812 11. Oriental Bank of Commerce 1,40,765 1,48,039 12. Corporation Bank 1,38,643 1,47,708 13. Andhra Bank 1,10,649 1,29,576 14. Indian Bank 1,24,359 1,28,832 15. Bank of Maharashtra 90,369 1,01,210 16. Vijaya Bank 82,425 87,692 17. Dena Bank 78,622 80,629 18. United Bank of India 67,982 69,070 19. Punjab & Sind Bank 57,858 64,796 20. IDBI Bank 2,03,376 2,15,792 21. Bhartiya Mahila Bank 89 352 (Nationalised Banks) 35,96,805 38,85,650 22. State Bank of India 12,45,122 13,35,424 23. State Bank of Hyderabad 95,654 1,05,053 24. State Bank of Patiala 77,811 80,648 25. State Bank of Bikaner & Jaipur 65,333 71,153 26. State Bank of Travancore 70,782 69,907 27. State Bank of Mysore 50,862 53,296 State Bank of India Group 16,05,563 17,15,481 (Total PSBs) 52,02,368 56,01,131 ALL INDIA BANK EMPLOYEES' ASSOCIATION Central Office: PRABHAT NIVAS Singapore Plaza, 164, Linghi Chetty Street, Chennai-600001 Phone: 2535 1522, 6543 1566 & Fax: 2535 8853, 4500 2191 e mail ~ chv.aibea@gmail.com