A K UNIONS

(AtBEA-A|BOC-NCBE_At
BOA_BEFt_t
N EF-tNBOC-NOBW_NOBO)
c/o. stateBankof India,LHo,plotNo.1.,
sect -17A,Chandigarh
- 160017
Phone(Office): Ott2_45671,42,4567042.2 -0172-2121716
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Mobile - 09417032548e_Mail_
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K K NAIR
Chairman SANJEEV
K. BANDTISH

14.6.2018
DearComrades,

UFBUMeeting held on 12th

Ju 2OL8, at Chennai
A meetingof the UnitedForum
of BankUnions held at Chennaion 12thJune,
in the backgroundof the successfut 's' strike
19t9, two on 30th and 31tt May,
2018. The meetingwasattended
by of all the constituentunions.

;nnTon Xt",lt::1tl?:,tT-oarticipation
Strike
oremproleesandorricersintheAilrndia
30th and 31st ,May,
ruyl 1uLo,
2018, was
wds totat
total a4d the massive turnout
members in the rallies, demonstrations of our
and or[."-.,^"c ,A,ac imn-^^^,..^

makinsthisstrike
il:",i'Tffi'rl'ff.;l'.;:l':iln,?:
il'-:::-,tllt:-"tl"5ti1s5ons'atuffi
acrioa stupendous
success.;;+r;
;;,ff;;,ruilf|:,|il
offer of 2o/ohike by the ndian
Banks,{5sprirrinn
Themeeting reviewed the developmentsr
the discussionsheldbeforethe ChiefLi
Labour,Government of India,on 2gthI
despitethe clearadviseof the CLC(C)to
revisedpercentage of wagehike,the IBA
proposal or offerto enablereconsideratior
that in deference to the observationsof
concerned Banksto re-examine theirdecision
on res$ricted
mandateto the IBAbut
theissuestilrremains aswe cannotagreewiththefra[turedmandate.
 b) In tiie eventof unsatisfactory
talksand tp ensureexpeditious response fromtheseauthorities
to resumethe
settlementwith aoequate
satisfactoryimprovement increase in wagesand
in seruiceconditions,it
undeftake qurtner has beendecidedthat UFBuwi'
strikeactionsduringthe
durationof month,or rr,u andAugust,
fhe strikesandthe oate,etc.,wiil be 2018. The
theIBAandthe Governmeni'-li decidedrookingto tn" response
*r, alsodecideo of
incruding tnatthesestrikeactionswourd
Ilflt:ffii:ified inu'n"ed ror ; ;.; rorcontinuous
sivins be
andindefinite
c) The fireetingfurther
precedins decidedto undertakevar.
thgstrike
actions
inorJu,,
toensure*,, ,,.,.;iii,,il;;ffr;.ffi:',:r*
d) The nieetingobserved
that the IBA',spartryoffer
due to the lqssesincurred of wagehikeis ostensibry
uv tn" Bankson'u..orit
consequent hfoherprovisions or increasingbad roansand
andwrite-offs.rne r"uting
expenses of tl'reBanksas a ratioto reiterated
thatthe wage
yearsand hepce,deniar the totalexpenr.riu, actuary
of fair wagerevisioncannot decrinedoverthe
reiteratedthft all the Banks*'inor, be accepted. It was arso
operating exceptionhave been consistenry
profitsyearafteryear earning
and.inthe rastfive
;i hence, .
v.urr, from2013_14 to 2077_7g,
:Hi',':L"ii;fi:f"
ru:f l;fi ff,ii*#: top,ea
dinabi,ityto
e) The meptingfelt that the burden
on the hugebadroanscontributed
:ersis soughtto be put on the by the
shourders
of the emproyees,on the
the Banking pubric,on theotherhand.Themeeting
Tls are as a resurtof the tooknotethat
Government pursuingthe poricies
; rike privatization, of
consoridation, appeasement to
nechanism to relievethe corporate corporate
defaulters
-FRDI from theirliabilities
of Insolvencyand Bankruptcy
meeting cooe, Bill,etc. Hence,the
felt thqt alongsideour agitation for wagerevision,
we shouldalsobuildup
campaignandflrotestactions against the Banking reformpolicies
whichareharmfulto the interests of the Government
of the banking public.
t)
f) 19u' Jul'l
19th Jult, 2018, marks the commencement
NatiOnalisation.In the of 50th year of Bank
background
backornrrnrtnf
of rha
ther i^^-^-^:-_
'increasing _r
rLrcdsrng aEacKs
attacks pubricsectorBanks
and SocialOrid on publi
on
n of our vs,,,\e,
Banks,rL it was
yvdr uectoeo
Nationalisation " from 16thJury, decidedto observe,.Defgnd Bank
to observe
201gto 21't Jury,20Lg,throughobservance
week-long '5.:-I:::^-T:ulnnt,pubticMeetinss, of
Wearing, strations,pressRelease,posteringetc.
seminars, Badse
g) The ,h?, recenfly
the Minisrryof Erecronics
InformationT, :?^j:::Tig and
onwards,
to the Banksthat from Jury,2018,
Banks i:::j::.r,,:Tl?'_,lr.jions,
undertake Aadhaar Enroilment
already services.
Keeping in viewthat
so manyGovernment schemesare thruston the Banksreading
srresson the to avoidabre
and officersat the branches,the meetingdecidedthat our
members will undeftakethe job of AadhaarEnrollment,
 h) It ; broughtto the noticeof
the UFBUtt at Mr. Hansraj
of State fo Home, had issued Ahir,UnionMinister
instructions,o ,o re District
increment be Magistrate
that annual
lould stoppedfor BankUanagers,'ho havenot completed
to sanction
MudraLoans.The meeting the target
rnstructions tookseri us objectionto
anddecidedto takeup the such high_hanO-ed
mafterwitrr the Government
to rescindthese
i) The afsotook note that in
some of th Banks,recentfy, ion of the pCAnormsclamped
the RBI had issueddirectivesprohibiting on
toansby a Bankand stoppingalf fufther sanction of
otherBank, re problem rec itmentsin the Bank.
of DenaBankis onlyon t_ike an
the remedy lies in taking ountofthe hugeBadLoans
stringentmeasures recover and
defaulters. the otherhand,prohibiting these foans from the
the Bankto 1. sancti of foansby the Bank
Itimatedeath. Hence,the will choke
and dema meeting objectionto the RBI,saction
its immediatereviewand
matterwith RBI.
lt wasdecided to takeup the

Comrades, if attempts to meet higher

orderto find amicable authoritibsrn rac,,h^ +L^ r:__
C a b l P solution
qnhrfinn
to our reasonat
la ^..- .---
spurned, J will comeout
withthe agitation p
in lulylAug t 2018 foilowed
by intensifiedsl
demands. ngsidewe shall
alsoprotestagainst
Government a rd the hardship the banking cfLnts,
Comrades, rkingSectoris passing
throughcril
the Banks, ch represents
the hard_earned savl
protectand lmotethe
interestof the workforcr
unions is our .mostpriority.Unityand
struggles a
theseattacks.Wecalluponall
our unionsandme
prepare lvesto meettheseoffensives andc
WithGreetings

YoursComradely,

o
o
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