Bank employees said the discussions on the wage revision were being stalled and stymied by the Indian Banks’ Association.
UFBU, which represents five workmen unions and four officers’ associations, has been in talks with the association since January 2013 to chalk out an acceptable wage increase. However, the union said there was no progress in the talks due to the “callous” attitude of the association that has seen talks take place only once in two months.
The Union said even though banks were short staffed, employees have “successfully” steered schemes such as the financial inclusion programme Jan Dhan, among others.
By We Bankers
You all have seen that those who call themselves as Majority and Mighty Union call We Bankers Activists as Facebook Tigers.
Today in Historical City of Trade Union Movement Kanpur-mighty union d...ecided to demonstrate at the same place We Bankers had announced i.e. Punjab National Bank Circle Office, Kanpur. Their Demonstration was scheduled for Lunch time between 2.30 to 3 PM and ours at 5 PM.
Let you all see the pictures and decide yourself.
The sad thing is that instead of vacating the place for us, they keep occupied the place converting their demonstration into Dharna. When I reached there around 4.50 PM, I saw 19 persons staging Dharna. We thought they will vacate the place at 5 PM for us as per undefined code of conduct but they did not. We waited up to 5.15 and then decided to shit to adjoining place which was less convenient. Our young bankers wanted to occupy the place forcibly saying we have taken permission from City Magistrate, so now its our place. I some how pacified them saying then what is the difference between We Bankers which wants Unity and these people who have converted them into trade rather than Union? Let them feel super. We have to draw a bigger line across theirs and God will be at our side. By 5.30 we were many times more than them. When We Bankers Tigers started raising Slogans-their faces were worth seeing. They disappeared at 5.45 PM seeing our strength and we continued till 7 PM?
It is worth mentioning that Sri Prabal Pratap Singh, All India President NOBW came in our demonstration and addressed the we banker activists. He assured that in next meeting of UFBU, he will make it a point to attend the same as he could not attend on 13th October at Banglore and he will raise the demand of We Bankers inside UFBU. He added that if Government proposes to bring Bank Employees under CPC, NOBW would consider Government's proposal and would not turn it down as is being done by others.
I salute each and every bank employees for their participation and my special thanks to my close friends from BOB majority union who like other times, stood with me rising above trade union affiliation more particularly S/sri Rajesh Srivastava, Vipin Rao, Aditya Awasthi, from NOBW Sri Arun Mishra ji, Pradeep Rai ji and from my Union Sri Sushil Chak, P. K. Arora, Maya Devi ji, Anju Bhadauriya, Dimple Shukla, Richa Srivastava, Prachi Jaiswal, Neha Srivastava, Umesh Tiwari, Yogesh Gupta and many more.
After scrapping the selection of six UPA-appointed bank chiefs, the government has now decided to make significant changes to the selection process. Three separate screening committees with two members each will now interview eligible candidates on November 13-14. It is also looking at changing the selection process of statutory auditors of public sector banks (PSBs).
The committees will comprise the banking secretary, Reserve Bank of India (RBI) deputy governor and four experts. An appointment board, headed by RBI Governor Raghuram Rajan, will hold interviews of eligible candidates for the post of CMDs of eight PSBs.
"Our efforts would be to complete our part by November 14 and send the shortlisted names to the finance minister for further action. Appointments in these eight positions will be hopefully be over by November-end," Financial Services Secretary G S Sandhu said on Friday.
He said the selection process would be more objective and transparent as there would be more external members and the selection would be vetted by the three sub-committees.
A member of one sub-committee would not be part of the other panel.
Eligible candidates will have to go through all these screening panel separately. The final selection will be made by the appointment board on the weighted average marks given by the sub-committees.
The National Democratic Alliance (NDA) government on Monday had scrapped the selection of six chiefs of PSBs, recommended under the United Progressive Alliance (UPA) regime, following a high-level panel finding irregularities in the process followed.
During the UPA regime, a panel headed by the RBI governor and including the financial services secretary had shortlisted CMDs for Bank of Baroda, Canara Bank, Indian Overseas Bank, Oriental Bank of Commerce, United Bank and Vijaya Bank. The names selected by the panel had been sent to the finance ministry for ratification by the Appointments Committee of the Cabinet.
On selection process of statutory auditors, Sandhu said, "The objective of this is to have smooth audit and give autonomy to banks. At the moment, there are some issues."
Currently, auditors are being appointed by a panel headed by the additional secretary of the Department of Financial Services, chairman of the Indian Banks' Association and a representative of CAG. So, there is no representation from the bank.
On recapitalisation of PSBs, Sandhu said the department would seek additional Rs 10,000 crore from the Budget. This would be over and above the Rs 11,200 crore announced in Budget 2014-15.
On whether the government is contemplating bringing down its equity from 58 per cent to 52 per cent in PSBs, he said the ministry is in the process of seeking the Cabinet's nod for it.
Appointment of eight public sector bank CMDs by month-end: Sandhu
After scrapping the selection of public sector bank (PSB) heads made during the previous government’s tenure, the Narendra Modi-led government will begin a fresh selection process, and is hopeful of finalising the candidates for eight PSBs within this month.