Friday, June 11, 2010

Bankers demand 5 day week

CIRCULAR NO: 93                                                     10th JUNE, 2010

TO ALL AFFILIATES/MEMBERS:


5 DAY WEEK IN THE BANKING INDUSTRY
AIBOC DEMANDS IMMEDIATE INTRODUCTION BY IBA

            We have been demanding introduction of 5 day week in the banking industry since a long time.  This was one of the major issues included in our Charter of Demands and it could not be taken to the logical end during discussions on 9th bipartite due to paucity of time.  However we had impressed upon the IBA, with all logic, to take the issue with the appropriate authorities for introduction of 5 day week in the banking Industry  in tune with the changed scenario. We have to-day sent a communication to the IBA, a copy of which is enclosed.

2. All our affiliates/members are requested to await further developments in the matter.

With greetings,
                                                                                                
                                                                                                 G.D.NADAF
                                                                                                GENERAL SECRETARY

 Letter to IBA


No./1452/188/10                                                    10.06.2010

To,
The Chairman,
The Indian Banks’ Association,
World Trade Centre Complex,
Centre 1, 6th Floor, Cuffe Parade,
MUMBAI – 400 005.



Dear Sir,
5 DAY WEEK IN BANKING INDUSTRY
LONG PENDING DEMAND OF AIBOC

The Charter of Demands submitted by us in connection with the 9th Bipartite Settlement in the Banking Industry includes the demand for introduction of 5 day Week in the Banking Industry,  an issue which is as old as that of the 2nd option on Pension. However, in view of paucity of time, the representatives of the Indian Banks’ Association could not devote much time for examining this crucial issue and take a positive decision along with  signing of the 9th Bipartite Settlement.

2. The Executive Committee of the Confederation which met recently in Chennai, had an occasion to deliberate on the issue at length.  The members were of the unanimous view that in the light of the revolutionary changes that have taken place as regards the technology initiative such as telebanking, internet banking, core banking, any time banking, anywhere banking etc. and also the banking expansion through a large ATM net work, there is a strong case for immediate consideration of the demand of the Confederation for  introduction of 5 day week by the Indian Banks’ Association.  There are several strong grounds, apart from the infrastructure  now created by the Banking Industry which will not cause any harm to the customers in case  5 day week is introduced in the Banking Industry. The first and foremost reason is, the country will be saving a lot of natural resources by way of reduction in the use of  fuel by lakhs of employees working in the Banking Industry, since they depend upon their own personal vehicles to attend office. This will also reduce global warming to an extent. Further, 5 day week will provide good health to our officers who are toiling without any rest almost 14 to 16 hours a day on account of  increasing workload and business growth.  The reduction of 2 hours of business on Saturday does not affect customers as almost all Banks have increased business  hours by two hours per day from Monday to Friday.



3. At present all Central government establishments, RBI, Forex Department, Parliament, State Assemblies, Treasury, IT/BT industries and Western Countries observe 5 day week. Majority of State government offices remain closed on Second Saturday of the month. Therefore Banking Industry switching over to 5 day week will not make much difference. 

4. We therefore request you to kindly look into our demand with a positive outlook and consider the introduction of  5 day week as it will go  a long way in further strengthening our Banking Industry and delivering  better results to the people of the country.

5. Please treat the matter as urgent.

                                                                                                         Yours faithfully,

                                                                                                
                                                                                                            (G.D.NADAF)
                                                                                                GENERAL SECRETARY


12 comments :

Avishant said...

5day-week will be really good for all the bankers..

just make it happen..

rishikesh said...

This is a purposeful demand.However we do not know how serious is Mr Nadaf.Just throwing letters as he has been doing after the shameful salary negotiation does not serve.

பத்மா said...

this is such a welcoming news .waiting with fingers crossed

khushi said...

what a good idea to serve customers better after two days rest. if this happens it will be really a revolutionary step.

chandan said...

Saturday half day banking introduced by Britishers to join the Saturday mass at church and most of the banks in India were controlled by them at that time.

Jay Vijay said...

This is all face saving exercise by our Mr Nadaf.
Nothing is going to happen.
He is writing this after the settlement.
He knows the backlash and is fearing that members may leave union and will not pay levy and will stop membership monthly fees.
So all this natak baji is to show members that they are working for them.
Stop Levy & monthly fees then they they will really start to work for all of us.
This is the real medicine for them

chandan said...

THERE WILL BE NO DA HIKE IN AUG-2010 FOR BANK EMPLOYEES DUE TO FALL OF PRICE INDEX.

rexy said...

simply writing letters wont work. give some time to them for introduction of 5 day week (say 3 months time). let us understand that govt wont agree for this proposal that easily. There will be some committee appointed under the aegis of RBI or Finance ministry. Then they will submit the report. Govt will study that. then it will be put at the website of finance ministry inviting for comments of the public. Guys/ Girls let me tell u even if we threaten them with a strike, the % DAY WEEEK consent wont be implemented at least for the next 5 years. Again we will add this item in the charter and later on give up in a hurry to settle the wage revision. To my knowledge, this is happening for the last 3 times ( i.e 15 yrs.) if Govt is not coming with some concrete proposal why cant we consider a strike. Let the govt realize that bankers are also human being and not donkeys.

SANJEEV said...

SANJEEV SAID...

EVERYBODY KNOWS THAT THE UNIONS ARE NOT SERIOUS ABOUT THIS MATTER. THIS IS JUST AN EYEWASH TO SHOW MEMBERS THAT THEY ARE WORKING FOR THEIR WELFARE.

PANKAJ BHAGAT SBI said...

5-day week is a appropriate demand. as Saturday is half day and working is for 4 hours only... but instead of employees discomfort there is expenses of electricity(ac, computers sorting machines etc) and moreover the fuel expenses of employee to reach at office... what soever output on Saturday is null and expenses are more.
on behalf of customers , they have ATM cards , debit/visa cards, internet banking, mobile banking,phone banking etc,. so its good idea of off on Saturday

PM said...

1.In fact,it is the right time for submission of Charter of Demands for Xth Bi partitite settlements.
2.However no efforts seems to be taken by leaders in this direction so far, which should be the priority for the time being.
3.There are lot of issues not resolved in 9th BPS.Mere writing of letters to IBA will not serve any purpose as all we know from our past experience.
4.Let the leaders,learn lessons from past and initiate positive steps and efforts in right direction for latest Bi partite talks with IBA along with issues not resolved in earlier settlements.
Let us wait and see any thing happens before Nov 2012.

Anonymous said...

HAI

DO NOT BELIEVE ANY OR OUR LEADERS
THERE ARE CHEATING US.
STOP PAYNING LEVY.
DON'T TREAT OUR UNION PEOPLE IN RESPECT WAY. THEN ONLY ONLY THEY WILL REALISE WHAT THEY ARE DOING FOR US

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