Nationwide Bank Strike On July 29

The United Forum of Bank Unions (UFBU), consisting of nine trade unions of bank employees and officers, has called a one-day strike on July 29 to oppose the banking reform policies of the Central Government. 

In a statement, CH Venkatachalam, General Secretary, All India Bank Employees’ Association, said the notice for the strike was served on the Indian Banks’ Association on July 11 by the UFBU.

Close to 10 lakh bank employees and officers working in public sector banks, old private banks, regional rural banks, foreign banks and co-operative banks are members of one of the nine trade unions.

On July 11, the Delhi High Court had restrained the State Sector Bank Employees' Association (SSBEA) and the All-India Bank Employees’ Association (AIBEA) from proceeding with their strike notice.

The court also restrained the associations as well as their members from proceeding with a strike on July 12-13; the ruling effectively accepted a plea by SBI associate banks.

The AIBEA and the All India Bank Officers’ Association (AIBOA) had planned to hold joint programes to protest against the proposed merger and consolidation of banks, particularly the five associate banks with SBI, and the privatization of IDBI Bank.

S Nagarajan, General Secretary, AIBOA, said the strike on July 29, among others, is to oppose privatization of public sector banks and regional rural banks, consolidation among public sector banks and licenses to corporate to start banks.

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ALL INDIA BANK OFFICERS' ASSOCIATION (AIBOA)

AIBOA - HISTORY AND CHALLENGING PERSPECTIVES

In its chequered history of many battles through sacrifices by countless warriors,
AIBEA never compromised or gave up even momentarily its objective of rendering lead and initiatives to every section of Bank employees. It is a point of history that from Bank level to the Pillai committee AIBEA not only represented officers' case logically but also offered its hand of co-operation to government and Bankers to run the Industry effectively realising the need for co-ordinating officers and employees in a service Industry like Banking for realisation of common objectives of nationalisation of the Industry transparency of operations, focus for credit to needy sector and so on and so forth and from these tasks the need for consolidation of the interwined movement from all sides was practiced as an objective from the early day of AIBEA. AIBOA is the legacy of this mighty AIBEA.

AIBOA took it birth from the conscious decision of Baroda General Council of AIBEA in 1979. A new direction to Bank employees movement was enjoined on it, due very much to nationalisation of Banks the task was given for implementation in all Banks and States. Eventhough it is a fact that many stalwarts of AIBEA in yester years like Com.Romesh Chakraborti, Com.K.K.Mundal, Com.Tarakeshwar, com.P.L.Syal, Com.V.K.,Krishnamoorthy, Com.P.K.Porwal, Com.A.Sundar Rao Com.H.N.Puri, Com.Roshan Lal Malhotra and the legendanary figure Com.H.L.Parwana were themselves officers and executives, who were one of those who founded AIBEA and contributed to its growth and consolidation. It is a fact that the decision to form AIBOA took a colossal time of 10 years after nationalisation and a far fetched national debate of very slow and negative dimensions which delayed the process of AIBOA formation.

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