ALL INDIA BANK EMPLOYEES ASSOCIATION Central Office: “PRABHAT NIVAS” Regn. No.2037 Singapore Plaza, 164, Linghi Chetty Street, Chennai-600001 Phone: 2535 1522, 6543 1566 Fax: 4500 2191, 2535 8853 e mail ~ chv.aibea@gmail & aibeahq@gmail 2-1-2015 PRESS RELEASE BY C.H. VENKATACHALAM, GENERAL SECRETARY ALL INDIA BANK EMPLOYEES’ ASSOCIATION All India bank strike on 7th Jan and again for 4 continuous days from 21st to 24th Jan. 2015 Despite 5 days strike during 2014, the Indian Bank Association and the Government have not come forward to understand the genuine demands of the bank employees and settle their wage revision demands due from November, 2012. Wage increase has become legitimate due to high inflation and price rise as well as due to heavy increase in the workload of the employees. Bank business has doubled in the last 5 years and in the absence of adequate recruitment, employees are under heavy pressure of work. Moreover, Government is implementing their various schemes through the Banks and this also adds to the workload of the employees. IBA’s argument that profits are less due to provision for bad loans and hence cannot agree to the demands of the union is untenable since gross profits of all the Banks have gone up every year and employees should not be penalised for the burden of bad loans. Chief Labour Commissioner calls for meeting at Delhi on 5-1-2015: Chief Labour Commissioner of the ministry of Labour has invited both Unions and the management for a conciliation meeting on 5th Jan. at 3-00 PM in Delhi. If Indian Bank Association will come forward with any positive proposal, we will also reciprocate to find a possible solution to the problem. Otherwise, as announced, there would be All India Strike on 7th Jan. 2015 followed by 4 days continuous strike from 21st to 24th Jan. 2015. Government’s decision to split Chairman post and MD post in Banks: Right from 1969 since nationalisation, Banks have a Chairman cum Managing Director. Recently PSBs have been posted with two or three Executive Directors adding to the administrative tier in the Banks and there are many examples of class of interest. Now in 4 Banks the Government has posted MD-cum-CEO and a separate Chairman is going to be posted in all the Banks. This is highly unwarranted and will make the Banks top-heavy and lead to more bureaucratisation. The Chairman will be an outsider and would become another power centre in the Banks. It appears that the Government wants to pack the Banks with their own people. AIBEA is oppose to this move and urges upon the Government to rescind this move. Gyan Sangam in Pune: Government is holding a high-level conclave Gyan Sangam of all top bank Executives, RBI Government, etc. besides the Finance Ministry officials. FM and PM are also participating in this meeting. There are reports that major decisions are likely to be taken in this meeting concerning banking reforms, merger of banks, etc. Bank employees are very important stake-holders in the Banks and AIBEA and other Unions have been voicing their concern about the open going measures of bank liberalization. It is unfortunate that the Government and the RBI have not thought it fit to invite the Bank unions for this important meeting and to enlist the views of the unions. If any adverse decision is taken in the meeting, AIBEA would be launching protest strikes against the same. C.H.VENKATACHALAM GENERAL SECRETARY
Posted on: Sun, 04 Jan 2015 16:36:47 +0000
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