::::: MINISTRY OF FINANCE INITIATIVES 11TH BI-PARTITE PROCESS ::::: ::::: HAPPY PONGAL :::::

Monday, July 14, 2014

CIRCULAR NO.: GS: 2014: 014

CIRCULAR NO.: GS: 2014: 014                                                                             Date: 14.06.2014
TO ALL OFFICERS                                                                    PLEASE CIRCULATE
Dear Friends,
We reproduce hereunder the Circular No. CIRCULAR/GS/2014/14 dated 14.06.2014 received from our Federation for your information.
With best regards                                                                        
           
Yours sincerely
Sd/-
N SAKETHRAM
GENERAL SECRETARY
...................................................................................................................................................................
GOVT DIRECTIVES THROWN TO THE DUSTBIN
The most important priority before us is the alarming rise in NPA, huge loss incurred in FY 2013-14 and staggering provision which ultimately resulted in erosion of the capital of the Bank and more concerning factor is the image of the institution is at a stake. The confidence of share holders and customers need to be retained intact. The critical task is to rebuild the business and customer confidence. Management should be keen to campaign for fast track reforms to lift the overhand of rising bad loans that make it a challenge to restart the investment cycle.
Under the present circumstances and considering the critical scenario, it will be almost brilliant to put up at the head of the list the fact that the field functionaries should be encouraged to take decisions in a cordial atmosphere. In a bank of our size, management should not exercise the transformation of any situation without taking in to confidence of the majority officers' association .Instead of concentrating on the above alarming situation, Management continues to indulge in adopting repressive and despotic practices.
Anti-officers stand of the Management are as under:
·         In spite of clear vacancies in respective Zones, promotees from grade scale I to II, II to III and  III to IV have been posted to far off zones.
·         Government directives of protection to Physically Handicapped officers have not been followed.
·         The Lady Promotee Officers, in spite of the clear vacancies in their zones, have been posted to far off zones.
·         The Promotees having more than 57 years age have not been retained in their respective zones.
·         The officers who have sought request transfer to any particular zone and have not completed 3 years stay are posted out of zone.
·         The management has not considered transfers on medical, marriage grounds.
·         Special incentive to the officers of NE states have been thrown to the dust bin
These are the few examples creating sense of anger amongst the Officer Community. We have tried out with various levels of Management to convince that growth and development of the Bank's Business is directly related to the level of moral and motivation of the officer of the Bank. We have recently taken up these   issues with the management and the copy of communication submitted is reproduced below for the information of all officers.
Quote
We lodge our strong protest of bye-passing the bipartite relationships and for adopting most disturbing trend of promotional placements without proper manpower exercise. To our great distress, as per the Government directives of protection to physically handicapped officers & the promotees having age more than 57 years are  required to  be  retained  in their respective Zones, but it has not been implemented. Further, the officers who have sought request transfers to any particular Zone and have not completed the three years stay in the Zone need to be retained in the same Zone are also posted out of Zone. The lady officers are also sent outside the Zone.  It is a matter of surprise for us that some request transfers have been effected even without completing the eligible period for the request. We are also not able to understand as to why the Management has not considered transfers on medical & marriage grounds and also services in North Eastern Region are ignored.
Out of total vacancies in any zone, these vacancies should be first filled in by request transfers and residual vacancies should be filled in by retaining the promotee officers to the extent of vacancies available in the Zone. More ever, the vacancies due to upgradation of branches, death, resignation etc are also required to be taken in to account for retaining promotees in the Zone.
We observe that the promotion process from grade scale I to II, II to III and III to IV are not feeling like reward but proving to be a punishment due to illogical approach of Management. Management has crossed all limits in transgressing own set norms.  This would result in to refusal of promotions leading these vacancies remain unfilled and simultaneously gross frustration and demoralization  in the minds of officers  due to non gaining promotions despite they are deserving candidates.
The officers round the country have been expressing their resentment since last fortnight for such a vindictive approach of management of not adhering the set policies and norms. Lack of proper HR management has resulted in to total chaos and confusion amongst the officer community. Rather, management should adopt proclaimed approach while placement of promotees at a minimum distance considering the present weak financials of our bank.
Under the above circumstances, the performance of the Bank will adversely affect in this critical phase of our bank. The concern of the Management is expected towards growth of business, reduction in NPA rather than unilateral changes in the promotional postings. This is a clear example of mockery that Bank has preferred to violate the own policies and creating sense of anger amongst the officer community. We can not be a silent spectator in such a alarming situation.
We have tried out with various levels of Management and convince that growth and development of the Bank's business is directly related to the level of moral and motivation of the officers of the Bank.
We demand to rectify all the violations in the posting of promotees of Scale II and scale III officers immediately and also to give stipulated period for joining as per Board's approved policy.
Unquote
Friends, you will have to be fully prepared to face the challenge. Let us awake and arise to protect our legitimate rights, hard earned settlements and self respect.
AWAIT  FURTHER COMMUNICATIONS.
Yours Sincerely,
Sd/-                                                      
(S.B. RODE)                                         
GENERAL SECRETARY                      

No comments:

Post a Comment