31/07/2026
_*The Central Government, through its order, has broken the back of that unconstitutional* *mindset*
that had been prevailing in banking for decades._
_Under that mindset, Majority Associations/Federations used to make deals with Management based on mutual interests and collusion._
_Instead of raising issues related to the welfare of common employees, the Majority Association used to strike deals to harass and cause losses to members of Minority Unions, and to gain membership._
_*In BOM it was under the name of Djure, and in SBI the NCBE used to behave as if it itself was the Management*
_
To keep this deal effective, the bogey of "the right to hold IR meetings" was created and maintained._
_*Even though in UCO Bank, Punjab & Sind Bank, and Central Bank, AIBEA had full majority, the UFBU was formed to implement the 8th Bipartite Settlement in these banks*
*Only after that was the BP Settlement implemented there 6 months later*
_We supported them so that their Workmen Director could be appointed. *And when we were about to get IR, they recorded their opposition*
*Very nice*
_In this context, Bharatiya Mazdoor Sangh and NOBW requested Hon’ble Finance Minister of Government of India, Smt. Nirmala Sitharaman to intervene._
DFS has issued its order and directed the Bank Management to hold IR meetings with Minority Unions every quarter as well.
Because of this, it will no longer be easy to strike deals over employees' interests or to impose dictatorship on them.
The path is now clear for employees to get respect, the independent right to join any union, and equality.
We welcome the Government's decision and the order issued.
*We are grateful to Bharatiya Mazdoor Sangh for securing IR for all unions*
Now it is our responsibility to reach out to every employee and bring them under the banner of NOBW.
*BMS jindabad*
*NOBW jindabad*
*UBSA jindabad*
Chandrakant khanzode
