ABOA has convened a meet of Officers of Mumbai on Saturday 30th August 2008 at Matunga in Mumbai. The entire Executive Committee of 10 office bearers, comprising of the Chairman, the General Secretary (GS) and other office bearers of ABOA Mysore Unit had come to address Mumbai officers in view of unsuccessful strike of 18th August. The official agenda of the meet was to discuss the issue of merger. The anxious office bearers were cordially invited to the dais and felicited. More than 100 officers of Mumbai and neighboring town Pune were present at the venue.
1.As per the GS, office bearers of erstwhile SBS have complained about treatment of SBS officers in SBI. One of the officers has interrupted “Since ABOA Saurastra unit, instead of demanding various benefits from SBI, have been going on strike and that is why they were not able to clinch any benefit. And situation has come to that extent that delighted SBS union (and not ABOA Saurastra Unit) after getting almost all their demand have consoled the officers of SBS that they will help them to clinch all the benefits. It is shameful on the part of ABOA Saurastra Unit that have thrown their members in sea without any life jacket”.
2.The GS has expressed the inability of ABOA (Mysore Unit) to reach on consensus on the issue of merger and has accepted that ABOA (Mysore Unit) has not taken serious view on the issue of merger. Failure to converge the opinions on the issue of merger has given confusing signal to the member officers.
3.Members were very furious over the issue of threatening of officers by some MC Member/ Assistant Secretary (mentioning individual names), who had threatened innocent officers of dire consequences if they won’t participate in the strike of 18th August. The issue of castigating regional remarks by one of the Assistant Secretaries rocked the meeting. The agitated and angry officers of Mumbai have demanded for immediate resignation of the concerned MC Member/ Assistant Secretary and apology from them. The GS has told that there is a process of maintaining discipline in the Association and has stated that there is no place of cast, creed or regional remark in Association. He also told that if anybody uses such means it would not be accepted. But it was shameful that in spite of repeated demands from officers of Mumbai, such culprits and killers of democracy in trade unionism did not come forward to apologies to the members who have elected them.
4.The answer given by GS on the question as to why despite strong pro-merger sentiments of its members ABOA is not supporting merger and the inability of the GS in tackling the matter at the Apex level AIBOC / UFBU, was not acceptable to the members. Members also objected to the acts of blindly following the instructions of its apex organizations (to whom ABOA is affiliated) without consulting its member. Members have reminded that any trade union’s foremost concerns are the benefits of its members, and they wanted to ascertain whether ABOA is working for the benefits of its members or for the benefits of the self seeking office bearers of ABOA or its apex trade union bodies?
5.Members have enquired that when in the meet of 16th August in Bangalore, the GS had promised that the strike call of 18th August would be the last strike call against merger and any subsequent call on merger issue, will only be after holding referendum among the members, then why suddenly strike call of 24th and 25th September has been given once again? Agitated and angered members have declared that they won’t participate in any further strike against merger, then entire E.C. has gone on the back track. Members of E.C. were not having any clue about how to convince agitated members on the issue of forthcoming strike call. Members have criticized the Committee on the lack of conviction among the representatives on major issues. The members enquired the EC members as to why they are not convinced of merger, which is for the benefit of the members only and which, Government, RBI and SBI all are determined to do.
6.There was a deadlock, as members have vigorously demanded the E.C. to go for referendum. But due to the ill and selfish mentality of few E.C. members, E.C. was not coming out for referendum and the ice was broken by the GS who tried to convince both the E.C. members as well as the agitated officers about some the middle path. GS has asked that each member should send his / her consent to the Association through their local M.C. member by taking official acknowledgement from them, and an advance copy may be forwarded to the Chairman / the GS of the Association. Dissented members enquired that despite more than 1700 officers have already sent their consent, a fact acknowledged by the GS, then why it has not been considered as consent of the majority of members for merger? According to the GS, due to some technical hitches raised by some E C members (God knows what?) they are not calling for any referendum.
7.Members have shown disinterest to listen the stale stories of the Chairman. One of the Officers has got up and interrupted “ Sir, please do not start with your usual style of SBM with more than 90 years…, figures like profit, NPA, etc…We have heard enough of this, if any thing else you have to say regarding merger please start”. ”. He was speechless for 2-3 minutes and regaining his composure started with “We have clinched benefits of raising Briefcase limit and Petrol limit” There was laughter all around and comments like “These are the only benefits which our leaders are fighting for. Had we merged with SBI we would have got all these benefits from day one including housing loan of Rs 20 lakhs”. As our officers had already received the information that the management at Udaipur meet declined the all these benefits, one of the officers asked, “When would we get it?” Chairman confirmed that it would be effective from 01/07/2008 and officers can send their claims.
8.The speech of Chairman was interrupted several times as officers were not willing to listen him on petty issues of brief case and bucket. Finally, the Chairman left his speech midway, as he wanted to be non-committal on all-important issues.
9.Members have repeatedly asked each E.C. member to come out openly on their individual stand on the issue of merger. Despite, repeated plea, NO EC MEMBER came forward to inform whether he favored or opposed merger. The GS did not commit any stand on the behalf of the EC.
10.Member officers were of the view that the trio of’ the Chairman, the Organizing Secretary (OS) and the Treasurer” is opposing merger by tooth and nail. The members were not ready to accept all the ill advocacy of the OS against merger quoting the age-old merger of Banaras State Bank with SBI. The OS tried all his methods of shouting at the members, which were equally responded to in the similar manner by infuriated members.
11.The inability of the OS to convince the members came into picture when members were continuously telling that despite of not asking anything by their officers’ association of erstwhile SBS, the SBI management has extended the benefit to SBS officers with regards to equal treatment in concessional housing loan, and pension benefit to all P.F. optees from the date of joining and it is widely accepted that modern organization can not give dual treatment among its employees.
12.Officers started demanding that the OS should stop talking the entire story and started demanding that the General Secretary should answer all the queries raised by officers. Finally the OS was forced by officers to go back to his seat.
Some of the officers have given astounding speeches, which made the EC speechless. Members have quoted now-a-days strike have lost its relevance due to alternative channels like ATM, Internet banking why we should resort to strikes when the biggest proponents of strikes CPI / CPM, themselves are unsure about the utility of strike calls in the modern context.
13.One member has stated that that the members of the E.C. have reached to such stages of their lives, when loss of salary due to strike does not matter for them as their sons / daughters are employed in foreign and Multinational Companies. They cannot understand the agony of many officers, who have to defer the payment of school’s fees of their children because of wage cuts due to such frequent strikes.
14.One member has quoted when per employee business turnover of SBM is better at 5.02crore than that of SBI’s at 4.56 crore, SBM is having better Net Interest Margin than SBI, and SBM H.O. is as priced equal to Central Office of SBI, why our Association has not gone in terms of barter of benefit with SBI. After all this would have been merger of two healthy banks. Members are of the view that it should be done at the earliest, before the smaller entity loses its vigor in the highly volatile economic situation.
15.On the issue of clinching small benefit like briefcase (which are yet to be cleared by SBI) members have questioned “what is relevance of such minimal hike in briefcase allowance etc when inflation has touched 13%”.
17.The members were determined to have a decision from E.C. over referendum and were ready to discuss the matter whole night if warranted, but the weakness of E.C. and its habit of “not coming out of their selfish mentality of sacrificing member’s interest for their chairs” came into picture and finally meeting ended at about 10.15PM night without any conclusion.
18.Finally it was a devastating experience for the notorious combine of few office bearers, which they never felt that officers could fight so vigorously for their cause.
19.As per direction from the GS, members are requested to send their view for merger and acceptance of merger within next few days, so that the Managing Committee of the ABIOA can arrive at conclusion what majority of officers want and accordingly he can advise the AIBOC/UFBU/AISBOF.
20.Message and learning experience of Mumbai meet: -- Officers should not fear of transfer or promotion while questioning Association leaders and their actions, as the jinx of the fear factor has been broken at Mumbai meet. Officers are making Association and its leaders and not they are making us. Association is a voluntary group of officers and is for protecting the interest of its member and not for acting against those interests.
21.Message to Association office bearers: -- War is on against those who are against merger and if anybody threatens any officer for any issue on strike against merger, then minimum reporting to whom the matter will be referred to will be the Chairman of SBI, and no limit over and above them it may go up to the Finance Minister or the Prime Minister.
The entire discussion took place in an environment; where it was considered that the office bearers of the association had come to sincerely deliberate on the issue. The members kept on asking each individual office bearer about his stand on the issue of merger, which no individual member of the EC revealed, nor was any combined stand revealed. The sincerity shown by the officers of Mumbai was remarkable despite the fact known to them from other units of ABOA that 4 out of 5 office bearers of the Mysore Unit had voted for opposing merger in the executive committee meeting of the ABOA in Udaipur on 29/08/2008.
Now, it is the turn of the members of ABOA (Mysore Unit) to decide on the future course of action on all issues including Strikes.
1.As per the GS, office bearers of erstwhile SBS have complained about treatment of SBS officers in SBI. One of the officers has interrupted “Since ABOA Saurastra unit, instead of demanding various benefits from SBI, have been going on strike and that is why they were not able to clinch any benefit. And situation has come to that extent that delighted SBS union (and not ABOA Saurastra Unit) after getting almost all their demand have consoled the officers of SBS that they will help them to clinch all the benefits. It is shameful on the part of ABOA Saurastra Unit that have thrown their members in sea without any life jacket”.
2.The GS has expressed the inability of ABOA (Mysore Unit) to reach on consensus on the issue of merger and has accepted that ABOA (Mysore Unit) has not taken serious view on the issue of merger. Failure to converge the opinions on the issue of merger has given confusing signal to the member officers.
3.Members were very furious over the issue of threatening of officers by some MC Member/ Assistant Secretary (mentioning individual names), who had threatened innocent officers of dire consequences if they won’t participate in the strike of 18th August. The issue of castigating regional remarks by one of the Assistant Secretaries rocked the meeting. The agitated and angry officers of Mumbai have demanded for immediate resignation of the concerned MC Member/ Assistant Secretary and apology from them. The GS has told that there is a process of maintaining discipline in the Association and has stated that there is no place of cast, creed or regional remark in Association. He also told that if anybody uses such means it would not be accepted. But it was shameful that in spite of repeated demands from officers of Mumbai, such culprits and killers of democracy in trade unionism did not come forward to apologies to the members who have elected them.
4.The answer given by GS on the question as to why despite strong pro-merger sentiments of its members ABOA is not supporting merger and the inability of the GS in tackling the matter at the Apex level AIBOC / UFBU, was not acceptable to the members. Members also objected to the acts of blindly following the instructions of its apex organizations (to whom ABOA is affiliated) without consulting its member. Members have reminded that any trade union’s foremost concerns are the benefits of its members, and they wanted to ascertain whether ABOA is working for the benefits of its members or for the benefits of the self seeking office bearers of ABOA or its apex trade union bodies?
5.Members have enquired that when in the meet of 16th August in Bangalore, the GS had promised that the strike call of 18th August would be the last strike call against merger and any subsequent call on merger issue, will only be after holding referendum among the members, then why suddenly strike call of 24th and 25th September has been given once again? Agitated and angered members have declared that they won’t participate in any further strike against merger, then entire E.C. has gone on the back track. Members of E.C. were not having any clue about how to convince agitated members on the issue of forthcoming strike call. Members have criticized the Committee on the lack of conviction among the representatives on major issues. The members enquired the EC members as to why they are not convinced of merger, which is for the benefit of the members only and which, Government, RBI and SBI all are determined to do.
6.There was a deadlock, as members have vigorously demanded the E.C. to go for referendum. But due to the ill and selfish mentality of few E.C. members, E.C. was not coming out for referendum and the ice was broken by the GS who tried to convince both the E.C. members as well as the agitated officers about some the middle path. GS has asked that each member should send his / her consent to the Association through their local M.C. member by taking official acknowledgement from them, and an advance copy may be forwarded to the Chairman / the GS of the Association. Dissented members enquired that despite more than 1700 officers have already sent their consent, a fact acknowledged by the GS, then why it has not been considered as consent of the majority of members for merger? According to the GS, due to some technical hitches raised by some E C members (God knows what?) they are not calling for any referendum.
7.Members have shown disinterest to listen the stale stories of the Chairman. One of the Officers has got up and interrupted “ Sir, please do not start with your usual style of SBM with more than 90 years…, figures like profit, NPA, etc…We have heard enough of this, if any thing else you have to say regarding merger please start”. ”. He was speechless for 2-3 minutes and regaining his composure started with “We have clinched benefits of raising Briefcase limit and Petrol limit” There was laughter all around and comments like “These are the only benefits which our leaders are fighting for. Had we merged with SBI we would have got all these benefits from day one including housing loan of Rs 20 lakhs”. As our officers had already received the information that the management at Udaipur meet declined the all these benefits, one of the officers asked, “When would we get it?” Chairman confirmed that it would be effective from 01/07/2008 and officers can send their claims.
8.The speech of Chairman was interrupted several times as officers were not willing to listen him on petty issues of brief case and bucket. Finally, the Chairman left his speech midway, as he wanted to be non-committal on all-important issues.
9.Members have repeatedly asked each E.C. member to come out openly on their individual stand on the issue of merger. Despite, repeated plea, NO EC MEMBER came forward to inform whether he favored or opposed merger. The GS did not commit any stand on the behalf of the EC.
10.Member officers were of the view that the trio of’ the Chairman, the Organizing Secretary (OS) and the Treasurer” is opposing merger by tooth and nail. The members were not ready to accept all the ill advocacy of the OS against merger quoting the age-old merger of Banaras State Bank with SBI. The OS tried all his methods of shouting at the members, which were equally responded to in the similar manner by infuriated members.
11.The inability of the OS to convince the members came into picture when members were continuously telling that despite of not asking anything by their officers’ association of erstwhile SBS, the SBI management has extended the benefit to SBS officers with regards to equal treatment in concessional housing loan, and pension benefit to all P.F. optees from the date of joining and it is widely accepted that modern organization can not give dual treatment among its employees.
12.Officers started demanding that the OS should stop talking the entire story and started demanding that the General Secretary should answer all the queries raised by officers. Finally the OS was forced by officers to go back to his seat.
Some of the officers have given astounding speeches, which made the EC speechless. Members have quoted now-a-days strike have lost its relevance due to alternative channels like ATM, Internet banking why we should resort to strikes when the biggest proponents of strikes CPI / CPM, themselves are unsure about the utility of strike calls in the modern context.
13.One member has stated that that the members of the E.C. have reached to such stages of their lives, when loss of salary due to strike does not matter for them as their sons / daughters are employed in foreign and Multinational Companies. They cannot understand the agony of many officers, who have to defer the payment of school’s fees of their children because of wage cuts due to such frequent strikes.
14.One member has quoted when per employee business turnover of SBM is better at 5.02crore than that of SBI’s at 4.56 crore, SBM is having better Net Interest Margin than SBI, and SBM H.O. is as priced equal to Central Office of SBI, why our Association has not gone in terms of barter of benefit with SBI. After all this would have been merger of two healthy banks. Members are of the view that it should be done at the earliest, before the smaller entity loses its vigor in the highly volatile economic situation.
15.On the issue of clinching small benefit like briefcase (which are yet to be cleared by SBI) members have questioned “what is relevance of such minimal hike in briefcase allowance etc when inflation has touched 13%”.
17.The members were determined to have a decision from E.C. over referendum and were ready to discuss the matter whole night if warranted, but the weakness of E.C. and its habit of “not coming out of their selfish mentality of sacrificing member’s interest for their chairs” came into picture and finally meeting ended at about 10.15PM night without any conclusion.
18.Finally it was a devastating experience for the notorious combine of few office bearers, which they never felt that officers could fight so vigorously for their cause.
19.As per direction from the GS, members are requested to send their view for merger and acceptance of merger within next few days, so that the Managing Committee of the ABIOA can arrive at conclusion what majority of officers want and accordingly he can advise the AIBOC/UFBU/AISBOF.
20.Message and learning experience of Mumbai meet: -- Officers should not fear of transfer or promotion while questioning Association leaders and their actions, as the jinx of the fear factor has been broken at Mumbai meet. Officers are making Association and its leaders and not they are making us. Association is a voluntary group of officers and is for protecting the interest of its member and not for acting against those interests.
21.Message to Association office bearers: -- War is on against those who are against merger and if anybody threatens any officer for any issue on strike against merger, then minimum reporting to whom the matter will be referred to will be the Chairman of SBI, and no limit over and above them it may go up to the Finance Minister or the Prime Minister.
The entire discussion took place in an environment; where it was considered that the office bearers of the association had come to sincerely deliberate on the issue. The members kept on asking each individual office bearer about his stand on the issue of merger, which no individual member of the EC revealed, nor was any combined stand revealed. The sincerity shown by the officers of Mumbai was remarkable despite the fact known to them from other units of ABOA that 4 out of 5 office bearers of the Mysore Unit had voted for opposing merger in the executive committee meeting of the ABOA in Udaipur on 29/08/2008.
Now, it is the turn of the members of ABOA (Mysore Unit) to decide on the future course of action on all issues including Strikes.
14 comments:
It will give new direction to officers trade unionism.Strike can not give any solution to the bank officers and Association can not force anybody to participate in strike.
All officers should now openly oppose strike-calls against merger and should not participate in such irrational strikes which is against their own wishes and for the sole purpose of office-bearers selfish motives.
COMMENTS of General Secretary at a meeting of ABOA
at Matunga in Mumbai on August 30, 2008
There was only one issue before the meeting. The issue that has been exercising the minds of officers that day was MERGER. The issue was discussed threadbare for almost five hours on that eventful day.
GS’ comments in support of merger proposal with SBI:
“Merger is financially beneficial to all our officers.”
“We’re trying to find a convergence about the merger proposal.”
(Almost everyone appreciated the comment as almost all officers sitting in the audience are in favour of the merger proposal)
GS’ comments in praise of (in fact, pacifying) officers assembled at the MUMBAI meeting:
• “You are the cream of intellectuals in our Bank.”
• “You are entitled for your opinion.”
• “You have got good analytical abilities.”
• “Every Individual’s opinion has to be respected.”
• “Mysore Unit isn’t a dictatorial organization.”
• “We aren’t here to bulldoze you.”
GS’ comments defending ABOA’s decision to go on strike:
“We’re part of the system, that is, UFBU, our umbrella organization of bank unions.”
“Our judgments are overruled by persons elsewhere.”
“Mysore Unit is part ABOA.”
“As such, Mysore Unit can’t remain isolated.”
“We’re bound by ABOA’s decisions.”
“Our position is precarious.”
“In decision-making, majority opinion will prevail.”
GS’ comments made against the merger proposal with SBI:
o “The merger package comes with certain thorns.”
o “Adverse features are loaded in the merger proposal.”
o “Once an Associate Bank is acquired by SBI, nobody can challenge it in a court of law.”
o “SBI’s Offer Letter for erstwhile SBS officers is silent about circle option.”
GS’s comments on the demand, for a referendum about merger proposal, from officers assembled at Mumbai meeting on 30.08.08:
“Please send your opinion about the merger proposal with SBI.”
“You can send your opinion to your C.C.Member, who will consolidate and forward the letters to the Mysore Unit at Bangalore.”
“The issue will be discussed threadbare at the EC/MC of our Mysore Unit.”
“We’ll discuss your views in favour of merger proposal in the Management/Executive Committee.”
“We at the Mysore Unit aren’t able to come to a final conclusion about the merger proposal.”
“In our Mysore Unit (of ABOA), there’s no convergence, as of now, about merger.”
OTHER SIDELIGHTS DURING THE MEETING: (“These are must-reads”)
A number of records were broken during the meeting. A brief collection of these tidbits are:
For the first time in the history of Mysore Unit, the entire people at the helm of affairs looked completely vulnerable, speechless and dumb-struck, when majority of the members strongly favoured the merger proposal
For the first time in the history of Mysore Unit, ‘the Supreme Leader’ wasn’t allowed to speak about his pet obsessions
In fact, there were lot of boos, taunts, and hecklings from officers to the campaign of disinformation about merger proposal by certain seniors of the Unit
One so-called senior office-bearer sitting on the stage tried to bulldoze the ordinary members and the office-bearer was promptly shown his place
One C.C. member from India’s financial capital was put under rigorous test by several officers for his ‘threats’ to some officers
ALL IN ALL, THERE IS COMPLETE MISTRUST BETWEEN THE SENIORS OF THE MYSORE UNIT AND ITS ORDINARY MEMEBERS and AS SUCH, SBM OFFICERS ARE GOING TO FACE DIFFICULT TIMES AS THEY ARE RACING TOWARD THE MERGER POST.
THERE IS A HUGE CRISIS OF CONFIDENCE WHICH MAY LEAD TO……?
Its amazing to see "sea of support" for merger in the entire Mysore Bank which not only save the bank in surviving the onslaught of reforms but also change the dictatorial attitude of our beloved leaders.
Merger is inevitable.It is to be seen that whther it is being merged with State bank of india or to any other "SHARK".The shortsighted attitude of our persons will push the bank towards the SHARK.
Sve it from being engulped by the shark.
Now the support for merger is everywhere in the Associate banks.
Dont put spade on your own legs by participating in the strike against the merger.
I have gone through your blog and was surprised to learn that I am not alone who is supporting merger. This Forum is great in connecting people and getting their views.
Recent news of merger of only unlisted ABs has given a shock to the employees of the listed ABs. This will be unjustice to the thousand of staffs of listed ABs without commiting any fault on their part. I would request Govt. to reconsider the stand as this will create unrest and increase demotivation among the emloyees.
ALL INDIA SBI ASSOCIATE BANKS MERGER FORUM
The Chairman, ASHOK MEENA
State Bank of India General Secretary
Central office M- 9414047988
Mumbai Date 02.06.2008
Dear Sir
Sub-Merger of Associate in SBI
We are pleased to inform you that we have formed ALL INDIA SBI ASSOCIATE BANKS MERGER FORUM in the meeting held on 20th April 08 in Jaipur. The object of the forum is to support merger of associate banks in SBI with the condition to watch interest of associate banks staff members in case of merger.
Recently we have conducted survey in all 7 associates’ banks and found that 99% officers and employees are in favour of merger of associate banks in SBI except trade union leaders due to vested interest. We request you to please conduct survey over internet or through private agency for your satisfaction.
We request you to please call for detailed discussion at the earliest.
Yours faithfully
Sd
General Secretary
(ASHOK MEENA)
Cc to:
1. Shri P. Chidambaram, Hon’ble Finance Minister, Govt of India, North Block, New Delhi.
2. The Secretary, Ministry of Finance, Govt of India, Banking Division, Jeevandeep Building, Parliament Street, New Delhi.
3. The Governor, Reserve Bank of India, Central office, Mumbai
Sd
General Secretary
(ASHOK MEENA)
ALL INDIA SBI ASSOCIATE BANKS MERGER FORUM
The Chairman, ASHOK MEENA
State Bank of India General Secretary
Central office M- 9414047988
Mumbai Date 02.06.2008
Dear Sir
Sub-Merger of Associate in SBI
We are pleased to inform you that we have formed ALL INDIA SBI ASSOCIATE BANKS MERGER FORUM in the meeting held on 20th April 08 in Jaipur. The object of the forum is to support merger of associate banks in SBI with the condition to watch interest of associate banks staff members in case of merger.
Recently we have conducted survey in all 7 associates’ banks and found that 99% officers and employees are in favour of merger of associate banks in SBI except trade union leaders due to vested interest. We request you to please conduct survey over internet or through private agency for your satisfaction.
We request you to please call for detailed discussion at the earliest.
Yours faithfully
Sd
General Secretary
(ASHOK MEENA)
Cc to:
1. Shri P. Chidambaram, Hon’ble Finance Minister, Govt of India, North Block, New Delhi.
2. The Secretary, Ministry of Finance, Govt of India, Banking Division, Jeevandeep Building, Parliament Street, New Delhi.
3. The Governor, Reserve Bank of India, Central office, Mumbai
Sd
General Secretary
(ASHOK MEENA)
For information of all the staff of various banks
STATE BANK OF INDIA
BHAVNAGAR UNIT
BHAVNAGAR - 364 001
Phone: 2439390 to 2439404 (15 lines)
Fax: 0278-2427032.
e-mail: sbs @ sbs.co.in
Visit us at: www.sbsbank.com
CIRCULAR TO
ALL OFFICES OF THE BANK GM(Op)/Sectt/Acquisition/6/2008-09
Date: 23/08/2008
DGM AGM Manager Dy.
Manager Asstt.
Manager Staff
Acquisition of SBS by State Bank of India
Offer of employment letter to all the
Employees of erstwhile SBS
State Bank of Saurashtra has been acquired by State Bank of India in terms of the sanction accorded by Government of India by an order dated 13th August 2008, which is published in the official Gazette on 13th August 2008 vide Gazette notification G.S.R.589(E).
2. In this context, we forward herewith of option letter to be delivered to all the employees of erstwhile SBS alongwith the salient terms and conditions of service for Supervising and Award staff employees.
3. Please arrange to deliver the same to all the confirmed employees and other employees appointed on regular basis who are on probation of erstwhile SBS of your Branch / Office as on 13.08.2008.
i) Letter as per ANNEXURE-A is to be delivered to the employees against whom no disciplinary proceeding is pending or contemplated or against whom no investigation is pending.
ii) Letter as per ANNEXURE-B should be delivered to the employees against whom disciplinary proceeding is pending or contemplated or against whom investigation is pending.
4. Please deliver the letter (whichever is applicable) to each of the concerned employees working in your Branch / Office after duly filling the Name, Designation & Office /address of the employee at the appropriate place of Annexure. Please also note to obtain acknowledgement of the concerned employees on the copy of the option letter in token of having received the letter. Please submit the same to us alongwith a sheet as per ANNEXURE-C.
5. On delivery of option letters to all the employees, please obtain the original option letter back from each employee after the employee has exercised his / her option and signed in token of having accepted / not accepted the offer of appointment.
6. With regards to the particulars of employees against whom disciplinary proceeding is pending or contemplated or against whom the investigation is pending, the Branch / Offices may refer to their Controlling Authority in case of need. The Controlling Authority may collect such information from the respective Disciplinary Authority. For the officers cadre, they may also seek the information from Disciplinary Proceedings Department and Vigilance Department in the matter.
7. A copy of each of ANNEXURE-A and ANNEXURE-B under the facsimile signature of General Manager (HR), State Bank of India, Corporate Centre, Mumbai alongwith Terms and Conditions of service applicable to Officer employees and Award Staff Employees of SBS after acquisition of SBS by State Bank of India is enclosed.
..2..
Branch / Offices may take copies as per their requirement for delivery to the respective employees.
8. Please note that the exercise of delivery of option letter and obtaining back of the option letter duly signed by the employees, is to be completed latest by 28th August 2008 and a confirmation to this effect is given to the Controlling Authority on the same date through Fax / Email (followed by written confirmation).
9. Please advise all the employees that in terms of para-4 of ANNEXURE-A & B, if the employees do not exercise the option within 8 days of receipt of the option letter, it shall by presumed that he / she has chosen option (a) in para-3 of ANNEXURE-A or B, whichever is applicable.
10. The original option letter acknowledged by the employee, a copy thereof may be retained at the Branch, the option letters duly signed by the employee alongwith branch delivery acknowledgement sheet be sent to Personnel Administration Department, Unit SBS, New Administrative Building, Nilambaug Chowk, Bhavnagar so as to reach latest by 29th August 2008..
11. Please note that officers who are on leave / unauthorized leave / deputation / under suspension from your branch / offices are also to be considered for obtaining the option letter and ensure that the option letter is received by 28th August 2008.
(ANIL BHATNAGAR)
GENERAL MANAGER (O)
INDEX
A: Acquisition of SBS by State Bank of India Offer of employment letter
to all the Employees of erstwhile SBS
O: Offer of employment letter to all the Employees of erstwhile SBS
This Circular is also available at Bank’s Intranet site http://30.29.37.22/Knowledge Base/Circulars
‘99% staff back SBS merger with SBI’
TIMES NEWS NETWORK
Times of India dated 2, September 2008 (Times Business), Jaipur Edition
Jaipur:Making a strong pitch for the merger of State Bank of Saurashtra with the State Bank of India, the All India SBI Associate Banks Merger Forum has come out with a survey showing 99% of staff favoured such mergers of all associate banks with SBI.
In a series of meetings held at various places in the state of Rajasthan, general secretary Ashok Meena and vice president Om Prakash of the forum addressed employees and officers of associate banks, State Bank of India, nationalized banks, regional rural banks and cooperative banks, explaining the merits and strategic strength the bank would gain out of an unified entity to face intensely competitive banking environment in India and abroad.
“It was felt by majority of the employees and officers working in various banks and unions operating in different banks that the confederations are opposing merger mainly to safeguard their own interest and playing in the hands of some of the political parties,” the forum said in a press statement issued on Monday.
Be Confident, Become Fearless, Energize, Fix the Target and Win the Race
ALL INDIA SBI ASSOCIATE BANKS MERGER FORUM
A-47, Shyam Colony, Tonk Road, Jaipur (Rajasthan)-302017
To all banker’s colleagues,
WHY MERGER\ ACQUISITION:
The present salary of SBS employees is protected subject to the provisions and the service conditions, as may be made applicable to them from appointed date
The provisions of settlement dated 22nd July 2003 relating to special compensatory allowance as prevailing in SBI shall also be applicable in SBI will be applicable to SBS employees
All SBI terminal benefits are being made available to SBS Employees. For the sake of clarity, SBS employees will get pension, gratuity and Bank’s contribution to Provident Fund (with interest), as available to SBI employees, from their respective date of their confirmation in the services of SBS
In order to ensure that SBS employees are not at a disadvantage due to offering of SBI terminal benefits to them, an option will be given to SBS employees to either accept the SBI terminal benefits or to continue with SBS terminal benefits presently available to them in SBS
Any other benefits/ facilities available to SBS employees but not available to State Bank of India employees shall stand withdrawn after acquisition
Medical Benefit Scheme as applicable to SBI employees shall be applicable to SBS Employee also
All the miscellaneous benefits/ facilities such as provision of uniform, reimbursement of cost of briefcase/ newspaper/ conveyance/ entertainment/ out of pocket expenses, overtime, group insurance, scholarship etc. shall be available only as per schemes applicable to SBI Employee. Any other additional benefits/ facilities available to SBS Employee, but not available in SBI, shall stand withdrawn
The scheme relating to loans and advances as in vogue in SBI will be applicable to SBS Employees after merger. The loans and advances available by SBS Employees prior to merger will continue on same terms and conditions as applicable in SBS, till repayment
Leased residential accommodation the arrangement prevailing in SBI will be extended to SBS employees
NO REFERENDUM CALLED BY THE RESPECTIVE BODY
GOI AUTOMATICALLY CONSIDERED REVISION OF PAY SCALES OF GOVT. EMPLOYEE
99.9% OF BANK SAFF ARE HAPPY WITH THE MERGER
An Indian Bank- SBI: MUST BECOME INTERNATIONAL BANKING MARKET LEADER
How to support merger: To remain open your branches on 24-25 September and 20 October 2008 without fear and full of energy to get sure success in merger/ acquisition by SBI. REPORT TO THE FORUM REPRESENTATIVES IN WRITING WITH A COPY TO CHAIRMAN SBI AND FINANCE MINISTER IN CASE OF ANY HARRASSMENT ETC.
Ashok Meena Vinod Agarwal Dr. Om Prakash Hemraj Mahavar
General Secretary President Vice President Org. Secretary
+919414047988 +919810438557 +919799058386 +919828386782
Email ID-omprakash@gmail.com
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