Thursday, June 16, 2016

Trade Union Support And Oppose Bank Merger

Bank employees oppose move to merge with SBI-News in THE HINDU on 16th June 2016

Employees of five associate banks have decided to observe a nation-wide strike on July 12 and July 13, opposing the recent decision of the Cabinet to merge them with the State Bank of India. A decision to this effect was taken at a meeting of office bearers of All India Bank Employees’ Association (AIBEA) held in Chennai. AIBEA General Secretary C.H. Venkatachalam said it was decided that a strike would be observed by the employees of associate banks on July 12, followed by all banks on July 13. The strike call has been given by AIBEA and All India Bank Officers Association. On June 30, there will be protests in the State capitals. After the strike, an emergency meeting of AIBEA and AIBOA will be held. Also, United Forum of Bank Unions has given a call for strike on July 29 against banking reforms and labour reforms.


State Bank officers’ body supports merger-The Hindu Business Line-  16th June 2016
Coimbatore, June 16:   
A day after the Cabinet gave its nod for the merger of five associate banks and Bharatiya Mahila Bank with State Bank of India, President of All India State Bank Officers’ Federation (AISBOF) D Thomas Franco Rajendra Dev said, “The Federation supports the acquisition by the parent.”

“We never wanted cross-merger for in it (cross-merger) we believed that we would be creating competition amongst us. Only the All India Bank Employees’ Association (AIBEA) was demanding the cross-merger of associate banks into one entity. We had always maintained that there was no need for merging the associate banks with SBI. Now it has been forced on us,” he told this correspondent. The Federation has formed three committees to discuss the various post-merger issues such as human resource (planning), possible closure of branches and ways to integrate the associations.

Committees’ meeting
“The committees met on Tuesday at Mumbai; held a discussion with the SBI Chairperson as well. We expect some quick follow up,” Rajendra Dev said adding, “only by next year, will things really happen.”
Sharing some of the suggestions, he said, “Instead of closing branches located in close proximity, the bank can consider converting some into specialised branches. This would help redeploy the staff as well.”

To The Hindu Business Line

After the rightful decision of the UFBU at its meeting held on 11.05.2016 at Hyderabad to give the call for strike on 29.07.2016, we find that Government is fast going ahead with their plans for consolidation and merger.  You are aware recently on 17.05.2016, in a hurriedly held board meeting, through a table agenda, decision has been taken to proceed towards closure of 5 Associate banks and to be merged with SBI.
Link To Important Banking News on Bank Strike

Bank  unions oppose SBI merger, to observe strike on July 12,13-Chandigarh Times-16th June 2016


Employees are apprehensive over downsizing, closure of branches and redeployment by the SBI on the pretext of relocating the branches. They are demanding recovery of bad loans and action against defaulters.


Rajesh Sondhi, organising secretary, All-India State Bank of Patiala Employee Federation, said, “Instead of opting for a merger, the government should focus on controlling bad loans. The merger will not serve the purpose. It is against the interests of employees. Also, the five banks have contributed to the country’s growth and after the merger, they will lose their regional identity.”
Read Full News Published in Chandigarh Times on 16th June 2016

28 जुलाई को एसबीआई के सहयोगी बैंकों की हड़ताल
Amar Ujala 12th June 2016

वर्मा ने बताया कि भारतीय स्टेट बैंक के पांच सहयोगी बैंकों स्टेट बैंक ऑफ त्रावणकोर, स्टेट बैंक ऑफ मैसूर, स्टेट बैंक ऑफ हैदराबाद, स्टेट बैंक ऑफ बीकानेर एंड जयपुर और स्टेट बैंक ऑफ पटियाला के निदेशक मंडल की बैठक 17 मई को तत्काल बिना किसी पूर्व सूचना के बुलाई गई थी।

इस बैठक में एसबीआई के आदेश पर सभी सहयोगी बैंकों को बंद करने और एसबीआई द्वारा अधिग्रहण करने का एजेंडा लाया गया। एमएस वर्मा ने कहा कि एसबीआई प्रबंधन के विरोध में 21, 29 जून और 11 जुलाई को पांचों बैंकों के कर्मचारी प्रदर्शन करेंगे।

28 जुलाई को स्टेट सेक्टर बैंक इंप्लाइज एसोसिएशन और आल इंडिया बैंक इंप्लाइज एसोसिएशन के बैनर तले पांचों सहयोगी बैंकों में हड़ताल की जाएगी। इसके बाद भी अगर एसबीआई प्रबंधन ने अपना फैसला वापस नहीं लिया तो भविष्य में आंदोलन को और तेज किया जाएगा।

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