Negotiation between Bank Officers and IBA derailed: Agitational programs started

Extract of the circular dated 18.10.2020 from four officers’ organizations ALL INDIA BANK OFFICERS’ CONFEDERATION (AIBOC) ALL INDIA BANK OFFICERS’ ASSOCIATION (AIBOA) INDIAN NATIONAL BANK OFFICERS’ CONGRESS (INBOC) NATIONAL ORGANIZATION OF BANK OFFICERS (NOBO)

As you are aware that after a prolonged lapse of time due to the external environment and conditions of life, an MOU was signed on 22nd July of 2020, where an amount of Rs.7898 crore was allocated representing a 15% hike in wages in the banking industry. Out of the total corpus of Rs.4513crore was the share of officers to be distributed in various heads for the benefit of all officers. ALL INDIA BANK OFFICERS’ CONFEDERATION (AIBOC) ALL INDIA BANK OFFICERS’ ASSOCIATION (AIBOA) INDIAN NATIONAL BANK OFFICERS’ CONGRESS (INBOC) NATIONAL ORGANIZATION OF BANK OFFICERS (NOBO) … See MoreWe had three rounds of negotiations through video conferencing on 24th of August, 10th September, 12th October 2020. In the last round of discussions, we were able to narrow down the difference in the matter of allocation of this enhanced quantum in various heads of payslip components. Thereafter, on the advice of IBA, the representatives of the officers’ organizations reached Mumbai to commence the exercise on the 15th and aimed to conclude the same within a week’s time. The negotiation made on the 15th and 16th was in the right direction. several key issues were clinched after protracted negotiations, which would substantially benefit Officers across the country irrespective of grade/scale. having received the concurrence of IBA to hold the signing ceremony on 18th October 2020, formal invitations were sent to representatives of our organasation across the country. However, today abruptly without any rhyme or reason. IBA in the forenoon informed their inability to conclude and ink the joint note pertaining to Officers wage revision w.e.f 2017. THE LAME REASON CITED BY THEM WAS NOT SIGNING THE COSTING EXERCISE WITH THE WORKMEN UNIONS. We protested against this unprofessional approach of IBA and wanted the intervention of the top brass of IBA who was evasive. Having assessed the overall situation created by IBA, a communication was sent to them expressing our strong displeasure, on the sudden turn of events leading to the unwarranted situation. We had three rounds of negotiations through video conferencing on the 24th of August, 10th September, 12th October 2020. In the last round of discussions, we were able to narrow down the difference in the matter of allocation of this enhanced quantum in various heads of payslip component. Thereafter, on the advice of IBA, the representatives of the officers’ organisations reached Mumbai to commence the exercise on 15th and aimed to conclude the same within a week’s time. The negotiation made on the 15th and 16th was in the right direction. several key issues were clinched after protracted negotiations, which would substantially benefit Officers across the country irrespective of grade/scale. having received the concurrence of IBA to hold the signing ceremony on 18th October 2020, formal invitations were sent to representatives of our organasation across the country. However, today abruptly without any rhyme or reason. IBA in the forenoon informed their inability to conclude and ink the joint note pertaining to Officers wage revision w.e.f 2017. THE LAME REASON CITED BY THEM WAS NOT SIGNING THE COSTING EXERCISE WITH THE WORKMEN UNIONS. We protested against this unprofessional approach of IBA and wanted the intervention of top brass of IBA who was evasive. Having assessed the overall situation created by IBA, a communication was sent to them expressing our strong displeasure, on the sudden turn of events leading to the unwarranted situation.arranted situation.a) Withdrawal of extra cooperation.b) Officers should restrict to the allocated work up to 6.00 p.m only.c) Officers should not respond to official SMS/Whatsapp beyond 6.p.md) Officers are directed not to do any official work on Sunday and holidays viz.webinars/office participate in any program related to canvassing of third-party products/marketing drives/training programs/’P’ review meetings. In view of the ensuing celebrations of festivals having a national reflection, we advise all our units and members to strictly adhere to the above-limited directions, preparing ourselves to plunge into intensified action programs as will be decided within the shortest possible time against the whimsical attitude exhibited by IBA.Comrades, march on in unison to make the authorities to realise the ramifications of the situation created by their indifferent approach disrespecting the sentiments of the officer’s community.With revolutionary greetings

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Soumya Datta Nagarajan Premkumar Makker Viraj Tikekar

G.S. AIBOC G.S. AIOBA G.S. INBOC G.S. NOBO