Programmes of Action Stand Deferred-Kudos to Rajasthan and Punjab State Committees

ALL INDIA BANK OFFICERS' ASSOCIATION

  

From August 2010, the threats of “mergers and acquisitions” had gained the momentum, when State Bank of India and erstwhile State Bank of India Boards were compelled to fall in line with the thinking of Government of India on amalgamation of Banks.

We, from AIBOA along with AIBEA and BEFI observed the strike call in December 2010 against the “forced merger” of State Bank of Indore, though, it was committed that UFBU would give a strike call against mergers of Banks.  But in 2010, the decision of UFBU to observe the Strike call remained unimplemented.

The State Bank administration is in the process of examining the pros and cons of the exercise of merger of Associates with SBI and job has been entrusted to one of the top functionary of the bank.  “Prevention is better than cure” the saying goes.  Keeping in view of the changing and dynamic situation of the present financial systems, AIBOA directed the six State Committee viz., Rajasthan, Punjab, Kerala, Karnataka, Andhra Pradesh, Madhya Pradesh and also at four Metro centres to observe the Dharna, according to the local convenience, on or before 25^th September, 2013 “opposing the proposed merger of Associate Banks”.

On 23^rd, September, 2013, our Rajasthan State Committee conducted the Dharna which was inaugurated by Com.Lokesh Mishra, President, RBEU by garlanding the leaders in which nearly more than 30 comrades participated in the Dharna.

Today our Punjab State Committee has conducted the Dharna at Patiala in which good number of officers have participated.

We learn that the Strike action on 25^th September 2013 has been deferred.  Though mergers continue to haunt the workforce of the Banking Industry every now and then,  the functional regrouping of Public Sector Banks is already underway.  We advise the State Committees to put on hold the Dharna to be held on 25.09.2013.  An explanatory meeting on impending threat should be conducted at the earliest.

Banking has become the “Central subject” to Government of India, due to the strikes.  Equally, it is time that “mergers and acquisitions” should be the main topic in the UFBU, as the jobs and job security are under attack.

KUDOS !  Rajasthan and Punjab State Committees for having implemented our directions with seriousness.

With greetings,

Yours comradely,

  

/S.NAGARAJAN/

GENERAL SECRETARY