Bipartite Settlement For Officers

Circular No. 2019/35 Date: 25.06.2019
To All Affiliates (Please Circulate)

Dear Comrade,
8th Joint Note – Unconditional Mandate to cover all officers

We reproduce hereunder the joint note dated 25th June, 2019 submitted by the Four Officers’ Organisations to the Chairman, IBA on the captioned subject for your information. Copy of the letter has
also been sent to the Chairman/ MDs and CEOs of those five banks who are yet to give full mandate to IBA.

With greetings,

(Soumya Datta)
General Secretary

Text of Joint Note dated 25.06.2019
Camp: Bangalore

Date: 25.06.2019
The Chairman
Indian Banks’ Association
Mumbai

Dear Sir,

8th Joint Note – Unconditional Mandate to cover all officers

Further to the communications resting at your end for immediate resolution on the captioned subject matter, the
delay on your part halts further progress of wage revision exercise of officers.

2. To make it specific, Officers’ Service Regulations introduced in the year 1979 covers entire Officers’ fraternity,
which is also a statute for all practical purposes.

3.All the four officers’ organisations met today and discussed the issue threadbare. It is decided by all the four officers' organisations that IBA should forthwith resolve the issue of fractured mandate to enable us to move forward in completing the wage negotiation process.

4. We, the four officers’ organisations urge upon your good office to resolve the impasse positively by 2nd July, 2019 to enable us to take part in the discussion meaningfully and fulfil the aspirations of the entire officers’ fraternity.


Yours sincerely,

 Sd/- Sd/- Sd/- Sd/-
 (Soumya Datta) (Nagarajan S) (K K Nair) (Viraj Tikekar)
General Secretary
AIBOC
General Secretary
AIBOA
General Secretary
INBOC