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

Thursday, August 1, 2013

CIRCULAR/GS/2013/20

CIRCULAR/GS/2013/20                                                                       15th July, 2013

TO ALL OFFICERS:

REVISION IN TRANSFER NORMS

All of you are aware that our Federation had taken up with the management for the improvements in the existing transfer norms.
After several rounds of discussion with the management, most of the norms suggested by our Federation are now reintroduced. Notable among them is the reintroduction of inter region request transfers for all the officers up to Scale-III.
We place on record our sincere thanks to our Chairman & Managing Director, our Executive Directors, GM (HR) and their entire team for viewing most of our representation positively and by bringing the amendments in the transfer norms as detailed below:
1. Inter Region request transfers for all the officers up to Scale-III with the minimum eligibility of 3 years in the region, is reintroduced. Actually, we have demanded minimum eligibility of 2 years for scale-I officers and our management is of the opinion that two years stay is a shorter tenure to show performance. As
the Scale-I officers are only in the supportive role, the interpretation of the management is not acceptable to us. Contrary to the decision of the management, Some of the field functionaries are transferring the officers on frequent intervals without adhering to the transfer norms.
2. Clubbing of fast track and written test channel in to written test channel in respect of Scale-I to II promotions.
3. Reintroduction of the facility to the officers whose stay in the zone is less than 3 years, may be retained on promotion in the same zone.
4. Preference in request transfer of lady officers, who got married after promotion/appointment in the Bank now extended to S-II and III also.
Friends, only our FEDERATION being the majority officer organization can provide full protection and best available service conditions to the officers of our Bank.

Please continue to maintain the confidence, conviction and commitment in ALL INDIA CENTRAL BANK OFFICERS’ FEDERATION, which is your own organization

.U F B U-- MEETING
The UFBU meeting held on 4th July 2013 at Chennai deliberated at length, apart from the issues being confronted by the bank employees and officers, the developments at National level and its likely impact on Banking Industry.
It was noted with serious concern the delay in wage revision negotiations and the lack of seriousness on the part of IBA in taking up the issues raised by the Unions in the charter of demands.

Despite three rounds of discussions on different dates, the progress s sluggish. The meeting decided to impress upon IBA to have serious and meaningful negotiations on the issues with an intention to have an early conclusion to the wage settlement.
The UFBU has expressed its equal concern at alarmingly growing NPA’s affecting the Bank’s profitability, as well as the manner in which various concessions are being extended to willful defaulters despite their having capacity to repay the loans.
The meeting deliberated at length about the New Banks Licensing policy aimed to favour the corporate and Business houses. It was also decided to reach the masses and campaign to bring awareness
about the dangers lurked in the form of Private Banks.
Sri.M.V.MURALI, General Secretary of NCBE and Sri.K.K.NAIR, General Secretary of INBOC was co-opted as new CONVENOR and CHAIRMAN of UFBU respectively.

Further developments will be informed in due course.

WITH WARM GREETINGS

Yours Sincerely,
( A.R.Saifullah )
General Secretary
OFFICERS’ UNITY—ZINDABAD
A I B O C --ZINDABAD
A I C B O F --ZINDABAD
A SWEET RELATION IS NOT LIKE “RAIN” WHICH COMES & GOES AWAY. 
IT IS LIKE “AIR “- SOMETIMES SILENT BUT ALWAYS AROUND YOU

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