28/01/2015
UNITED
Bank Unions fight to Preserve Public
Sector Banks
We are educating the people, about the anti-national,
anti-people and anti-developmental policies and pressurising the people
representatives to oppose unjustifiable reforms, mass-movement of Bank
employees through Dharnas, Rallies, Strike Actions; said; M V Murali Convenor of UFBU and the
General Secretary of All India State Bank of India Staff Federation [AISBISF]
United Forum of Bank Unions (UFBU) the apex body of the banking industry trade unions in India
representing over 1 Million members belonging to 9 trade unions whose
membership is open to workmen and officer cadres both in Public and Private
sector banks in India. AISBISF represent over 160,000 members and one of
the largest UNI affiliates from India.
Murali stressed; through our agitations we have managed to
break the speed and steam with which Government wants to go ahead with
reforms/changes; ignoring the people cantered developmental priorities at a
Public Rally organized in Hyderabad, India.
Post-Nationalisation – Indian Public Sector Banks [PSB]
extended banking facilities across the country through opening of more branches
in nook and corner triggering the rural development and uplifting the quality
of life of poor and marginalized population in India.
UFBU is fighting for decent wage increase for their members
and negotiating the 10th bipartite wage settlement with Indian Bank’s
Association (IBA). Wage revision is overdue since 1st November 2012 said
M V MUrali;
“Despite a lapse of more than 2 years in the ongoing
10th Bipartite negotiations, no significant improvement has been made in the
negotiations except in agreeing to the date of effect of wage revision and the
merger point of Dearness Allowance with Basic Pay for arriving at the Revised
Pay”.
IBA has proposed a meagre increase of 12.5% on Pay Slip
Components which is far less than the increase offered on total wage bill
expenses in the previous bipartite wage settlement. Operational profits in
the last few years have substantially gone up reflecting the contribution of
employees in PSB’s. Therefore all the bank employees are eligible for
their due share in the growth and profits of their respective banks as they
have contributed their level best in ensuring higher profits year after year at
the rally which was endorsed by the members with a rousing applause at the
Rally.
UNI Finance supports and promotes plurality in the global
financial systems, PSB’s are playing a catalyst role in stimulating the real
economy in developing countries such as India; said Jayasri Priyalal Regional Director of UNI Apro Singapore, assuring
solidarity support to UNI Finance treasured affiliates just struggle in India;
speaking at the Rally.
Milind Nadkarni, General
Secretary of All India Bank of Baroda Employees Federation, Subhash Sawant General
Secretary of Indian National Bank Employees Federation spoke at the rally
calling the membership to rally around UFBU in Hyderabad.