14/06/2025
Dear friends,
A meeting was held with GM HRM and his team and our core committee yesterday. The meeting was primarily called for discussing Amendments to both the existing Promotion Policies. Before discussing the same we told the Management that we wish to discuss two urgent issues which are agitating the minds of the Award Staff. First, the Bank has yet to respond positively to our demand for increase in the perquisites post the highest profit made by the Bank in the last two years. The management gave their oft repeated response that our perks are better than the other peer Banks. We responded by telling them that they should compare only with Banks who have made phenomenal profits like us. Also there are small Banks like Bank of Maharashtra whose profit is not even 10% of our profit but are giving so many perks to the Award Staff. The circular was given to them. We informed the GM HRM that we would be forced to revive our agitation programmes including strike if no announcement is made before the Foundation Day of the Bank. Secondly, we expressed our deep anguish and protest over the IZT list which has far belied our expectations as only 236 have been considered. In Mumbai Zone for instance, 6 are outgoing and only 1 incoming. It had been agreed that all the cases of request to Mumbai who have completed 5 years would be considered. Similarly we had requested that compassionate/ medical ground cases should be considered as also of ex-servicemen. On both these issues, G M HRM has assured to positively come back with in a few days. We will be vigorously following up with the Management for the same.
As regards the Amendments to Promotion Policy we have given our view as under:
Clerical to Officers
1.Seniorty channel eligibility should be 8 years instead of 15 years at present. Management proposal is 12 years.
2.Maximum 58 years for all. Management proposal is 55 years.
3.It was agreed to remove Gen knowledge, Rural Banking and English. Instead written test will be having only Bank's Internal products/Guidelines, Banking Ops.-AI 40 marks min qualifying 20. Seniority 30 marks min qualifying 12.
Digital Banking, Banking Technology --20 marks, minimum qualifying marks 8 for both channels.
A new clause is being added whereby the number of unfilled vacancies in seniority channel will be transferred to the All India channel and the cut off point for promotion under All India channel will not be less than the cut off point for seniority channel.
Sub staff to clerical cadre
1 Management wanted the Maximum age for eligibility to be 55. We felt the earlier clause of no age limit to continue.
2. We demanded the
introduction of Seniority Channel . Norms can be worked out in next meeting..
3.English should be removed from Written test .
4. Clause 5.1 regarding Reimbursement of fees (not exceeding Rs 1500/-) be continued with an increase in the reimbursement to maximum of Rs 3000/-
Friends, the draft settlement may undergo a few changes before signing.
As far as IZT and increase in perquisites is considered we are optimistic that the Management will respond positively to our demands and the same will be made known to you.
Fraternally yours,
Milind Nadkarni
General Secretary
AIl India Bank Of Baroda Employees Federation
Affiliated to All India Bank of Baroda Employees' Federation
