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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Saturday, October 22, 2016

we the general banker want to start negotiation with existing bank employee not by any retired leader .

These are the tables provided by UFBU while publishing the Common Charter of Demands for 10th Bipartite Settlement justifying 35% wage increase. 

But our retired almighty leader are failed to reach the target. They already proved that are all  paper tiger not in reality . So we the general banker want to start negotiation with existing bank employee not by any retired leader . We once again request to all retired leader those who till now holding any post in any union please regine and save the public sector bank. Retired leader and Management are the main culprit for these present situation.

Once negotiations started, top leaders started using one traditional word-"Honourable Settlement". After signing of our Bipartite Settlement, which our leaders claimed as "Historical", we witnessed Bipartite Settlement of LIC Employees who are governed by same Ministry of Finance. They achieved much better wage revision than us. 

Will those who keep advocating present leaders of union will answer as to why we could not get "honourable" wage revision? Will now they define this term "honourable" which is being used by leaders repeatedly with a view to hide secret deal and then coming out to say meagre increase as "honourable"

From a layman's point of view Honourable means better than others. If you have achieved lesser than others, it means you have sold our Honour and you are answerable to us. 

Now when 11th BPS is round the corner, will such type of tables will produce much better results ? Obviously quantum of work load has increased i.e. Productivity per employee and % of Establishment expenses on salary etc. in total expenses has gone down but with poor and declining net profits due to NPA for which neither lower staff is responsible nor it has any control. So the question is : A leadership which has agreed "capacity to pay" as main deciding factor would be able to deliver wage increase which can be equated with Central Government Employees and which can provide for updating of Pension ? The answer is big NO. 

Under these circumstances, its high time to register your strong opposition and protest against present system of compromise and surrender in the name of BPS by strengthening the movement "We Bankers" demanding referendum through secret ballot on BPS vs CPC. 

Awake before its too late, raise your voicein advance, assemble in large numbers at Jantar Mantar on 12th forgetting all differences, explore the possibilities of unity amongst like minded bank employees, organise yourself as well knit unit on pattern of UFBU to draw a bigger line and achieve at least parity with Central Government Employees.







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