A small committee meeting of Officers’Associations with IBA was held today at IBA Office, World Trade Centre, Cuffe Parade, Mumbai at 10-30 AM. The IBA team was led by Shri Prashant Kumar(DMD, SBI), Shri B. Ashok(GM, CBI), Shri Ujjwal Kumar(GM, UCO Bank), Shri LVR Prasad(GM, Canara Bank), Shri Raj Kiran Bhoir(GM, Bank of Maharashtra), Shri B Rajkumar(Dy C.E.O IBA)), Shri S.K. Kakkar(Sr. Vice President, HR & lR, IBA), Shri K.S. Chauhan, Advisor (HR & lR) and other officials of HR Dept. lBA. The four Officer organizations were represented by Com. Dilip Saha, Com Soumya Datta(AIBOC), Com S Nagarajan(AIBOA), Com K.K. Nair(INBOC) and Com. V Tikekar(NOBO) in the discussion.
On our charter of Demands containing both ” Monetary and Non- Monetary” issues, elaborate discussions were held. On matters of issues having linkage of financial bearings, no finality could be arrived at in this meeting. However, on certain issues, they have agreed to place the issues before HR Committee of IBA for appropriate finalization. The IBA has responded positively to our request for convening an exclusive meeting on “Discipline and Appeal Regulations”. On certain issues, notes are to be submitted by us within a time bound manner preferably in a week’s time. We shall provide updates on further development.
Core committee of award staff unions and IBA under the chairmanship of G Rajkiran Rai MD Union Bank concluded today on 18.08.18 at IBA hall Mumbai. Deatails of the issues agreed. Revised DA Formula and improvements in compensation against price rise, UFBU will submit a details note.
Regarding HRA reimbursement: On producing rent receipt which will come under load factor. Increase in Transport Allowance:-–- Substantial increase
Leave matters: CL no increase. PL:— Other than LFC 10 days notice required. SL:— Over 30yrs 30 days per yr maxm 720 days. Sick leave may be granted to women employees to look after sickness of a child below 8 yrs. Over and above maternity leave another 2 months to be given to cover cases of hysterectomy wherein maternity leave is already exhausted. Paternity leave will be granted for child adoption. Extraordinary leave will be permitted up to 120 days. It is agreed to give detailed notes on Leave Bank.
Improvement in LFC: For clerical 4400/2200kms actual travel. For Substaff 5100/2550kms actual travel. Road mileage charges 8/- kms in place of 6/-kms. Sight seeing and local charges will be paid by the Bank within overall limit. GST will also be reimbursed. Train fare of Rajdhani and Shatabdi will be reimbursed.
DA link Pension:- Service charges livied on employees under NPS will be borne by the Bank.
Dependent Income:- It is agreed to Rs 12000/-in place of Rs.10000/-pm.
Improvement in other allowance – Substantial increase (around 15%)in cycle washing and other allowances.
New Allowance Introduced:- Lodging allowance in which amount will cover later.
Deployment policy- It is agreed for Rs 600 pm. In other like subatical leave , Gratuity ,Annual Medical ,Pension ,Family pension will be discussed in main negotiating committee. Some of the issues like 5 days banking, PH issues , All area allowances, Absorption of temporary workers will follow govt guidelines.
Next full negotiating committee will meet in the first week of Sept 2018 .