BREAKING NEWS

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

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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*********

Wednesday, January 23, 2019

PAPER TIGERS SURRENDERED -Yet another betrayal episode from AIBOA time for rethink in banking union

  Yet another betrayal episode from AIBOA
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Report from National Youth Wing Headquarters
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On the merger issue, UFBU declared a series of actions & AIBOC with an absolute majority support from officer cadre launched several protest programs against merger of Dena - Vijaya - BOB.

👉🏻 AIBOC hosted Protest Dharnas, Peoples Parliament & Candle light marches all over India

👉🏻 AIBOC initiated a signature campaign and collected lakhs of signatures from the nuke and corners of the country

👉🏻AIBOC's noval inititative of "hash tag campign" had hit the social media and mobilised opinions against the unilateral merger motive in Twitter & Facebook.

👉🏻 AIBOC State Units wrote letters to the members of both Rajyasabha & Loksabha and met the major political leaders & submitted representation against merger.

👉🏻 In support of UFBU declared Strike, AIBOC paralysed the banking industry on 26th December 2018.

👉🏻 On 8th & 9th, when All India Trade unions went on strike AIBOC declared fraternal support & directed members not to do clerical work/accept cash keys.

Only  few state like Westebengal and kerala  where  we found a strong union of OBCEA   under leadership of  MR Kingshuk Bhattacharya and tapan Jha  even they  are retired,they  collapsed the banking industryno one dare to opened the bank. but in major state  AIBOA   OFFICER MANAGER  opend the bank and  done regular work. They have no backbone to   closed the bank. I request all india AIBOA leader   foloow OBCEA and learn something form them.
Mean while AIBOA leaders were busy opening branches & doing cash transactions on 8th & 9th as evident from the Strike reports.
AIBOC writ filed in Delhi High Court
On October 2018, AIBOC filed a case against merger in Delhi High court. AIBOA was also initimated and invited to implead in the case since it was for the general cause of Officers community.
But as usual, AIBOA leaders continued their irresponsible attitude & didnt turn out for support.
3 months passed & AIBOC was intimating all the developments to AIBOA requesting them to implead in the case. AIBOC had even shared all the affidavits & records of Delhi high court case with AIBOA leaders.
"Since many learned counsels from Supreme court & High Court advised that it may prove detrimental filing cases in different courts for the same litigation, it was advised not to file any further court case in other High court. It may be shifted to Supreme court which will deny a fair hearing for the parties and delay the judgment too"
The matter was also intimated and thoroughly discussed with AIBOA leaders.
But to the utter dismay, on a fine January morning AIBOA filed a case against merger in Bangalore High court.
Unfortunately its observed that all the
affidavits & records are copied line by line, dot to dot in the new court case.
Its the most pathetic betrayal and unethical move in the banking trade union movment.
AIBOA has lost senses & they are in fools paradise doing such political melodramas to seek attention.
This paradox should be properly addressed by the officers community, its high time such nasty moves are spoiling the trade union ethics & legacy among bank officers.
The dreams and aspirations of officers community are at stake through the illogical histrionic personality syndrome of AIBOA leaders, when they invite unwarranted judicial interventions for mere political mileage.
Its high time our officers should react & respond against such ill motivated hypocrats.
At this juncture, we request the membership of AIBOA to rethink & reunite to fail such drastic agendas spoiling our unity, integrity & dignity
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PAPER TIGERS SURRENDERED ! Dear friends,
Banker’s movement in India has entered into a very decisive & interesting phase ! When as a Banker we r suppose to fight for our descent wage hike based on COD submitted by all the four officers organisations which includes AIBOA also on minimum wage concept in one & half year back, when work life parity as well as defined working hours r being demanded by the PSU Bankers to avoid the burnt out syndrome at workplace specially for GEN ‘Y’ bankers, when as PSU Bankers we r fighting for our descent revision of pension for dignified living at old age , when AIBOC has stepped up Officers movement to change the contours of banker’s logical aspirations , at this juncture the some of the meek leaders of UFBU r trying to surrender & slur the roads of Banking movement by accepting the meagre
/ paltry offers made by IBA ! Which is not only in dignified but also ridiculous!

Question is why so & Why such a predicament or fate accomple conditions in escalating our demands for the descent wage settlement for PSU bankers in India?
So the genesis of the present Bipartite talks is a bit interesting in the present context ! As a responsible majority organisation of officers, when We have started witnessing the paradigm shift in banking operations starting with the concept of Assets quality review to Amassed Huge NPA creation in banks , Which has dented the balance sheet of PSU banks with unsustainable huge losses accompanied with rampant provisioning of Private loan losses against Capital earned form public business! Thi

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