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Structured Meeting With Management
Structured Meeting With Management
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Date-21st February,2023
It was the momentous day for All India Bank of Baroda Employees’ Coordination
Committee.The first Structured Meeting after the historic settlement conferring the “Sole-
bargaining status” to All India Bank of Baroda Employees’ Coordination Committee was
held on 8th February, 2023, at Mumbai.
every one of the staff members for having worked so hard to make the bank the second
best bank in the country. He said that in the coming days, we shall have to work together
to take the bank to greater heights. He assured that the management will discuss various
issues concerning the employees and would try to resolve them in right earnest.
Shree Prakash Vir Rathi, Chief General Manager-HR, congratulated AIBOBECC for having
been declared as the “sole-bargaining agent” after due process. He said even though
the management and the representatives of AIBOBECC have been meeting in various
forums in the last 3 years, official meeting could not been convened for various reasons.
But, he assured that in future, the meetings will be held periodically not only at Corporate
Office level but also at Regional/Zonal levels. He said that during Covid pandemic, the
bank has taken utmost care about the lives and livelihood of the employees and extended
various welfare measures. Bank also ensured that for the unfortunate victims of Covid,
we have been able to extended financial benefit through special insurance scheme, which
was the first of its kind in the banking industry while other banks followed suit later.
During that period, the bank management advised all the Regional and Zonal Heads to
concentrate on the lives and health of the employees on priority even much ahead of the
business.
Concerning the banking industry, CGM-HR stated that there has been a sea change across
various sectors and digitalization has become the order of the day. He said that with the
new generation employees having different mindset and tech-savvy, we shall have to
encash maximum on the digitalization front. He said that through discussions with
AIBOBECC, the management is willing extend more financial benefits to the employees
in the days to come.
in the country. He said AIBOBECC has been relying on building up relations instead of
settlements. He said that the differences are bound to come between the management
and the union but they have to be understood in proper perspective and should be
resolved through discussions and negotiations. He requested the bank that the structured
meetings shall be held periodically.
Com. C. S. Dahiya, President, AIBOBECC, expressed his opinion that the unions are
instruments to percolate the message of the management and corporate goals to the
rank and file membership. He said that frequent discussions, both official and informal,
would go a long way in ensuring that the goals of the management as well as that of the
union could be achieved. He also cautioned the management that in the name of
technology, human touch should not be lost sight of. He said that in the background of
digitalization, non-recruitment of adequate clerical and subordinate staff, has created a
lot of pressure on the workforce at the branch level and what is required at this critical
juncture to take the bank to greater height is a committed workforce, to which end, the
bank should recruit more staff at the feeder cadres.
In between the discussions, the Managing Director & CEO, Shree Sanjiv Chadha and the
Executive Director-HR, Shree Lalit Tyagi, addressed the participants of the Structured
Meeting.
Shree Lalit Tyagi, ED-HR, expressed his confidence that good deliberations are taking
place to resolve the issues raised by the union and he said that the management would
examine all the issues concerning the employees with a positive outlook. He said that
the bank has taken a big stride in the digital mode and the message is spread in the
market about its digital presence. He said that polite and courteous customer service
would ensure that the business of the bank would grow in a great manner and to that
end, he requested the union to carry the message to its members. He said that the bank
could achieve such extraordinary results due to the efforts of all the employees and he
thanked them for their total commitment and involvement.
Shree Sanjiv Chadha, MD & CEO, expressed his gratitude to all the staff members for
taking the bank to great heights due to their hardwork. He said that during pandemic,
the staff members of our bank worked in a commendable manner that ensured that the
bank has become the strongest bank in the industry with record profits and performing
much better than the giants of the industry including the private sector banks. He said
we have been able to generate more infiltration in the market than the SBI Yono. But he
added that much more penetration of BOB World is required. He said that since the bank
has generated more profits, the benefits and financial demands of the employees would
be examined in right earnest. He said that digitalization is the future and to that extent
we should train our workforce, which are one of the best in the industry. He said that
even though we have emerged as a strong bank, we cannot be complacent since the
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competition so tough and we should continue to strive to make the Bank the Best Bank
in the country.
By way of response, Com. Janak Rawal, Secretary, AIBOBECC, assured that the members
of AIBOBECC would definitely ensure to work towards making the Bank the best bank in
the country in the days to come. He requested the MD & CEO and the ED-HR, to kindly
consider for recruitment in the feeder cadres to ensure that proper customer service is
extended to the clientele and also to carry forward the Corporate goals of the bank to its
logical end.
employees/daily-wagers/casual
labour and absorbed periodically.
5. Opening of more branches: After The management has stated that in
the merger of Dena Bank and potential centres, the branches are being
Vijaya Bank with Bank of Baroda, opened. AIBOBECC demanded that the
many of the branches stood licences of the branches which have been
merged and it is learnt that the rationalized to be utilized for opening
licenses of such branches have not more branches. AIBOBECC also
been surrendered. Hence, it is demanded for revival of business
requested that to improve upon the development meetings at the Corporate,
business and also to increase the Zonal and Regional levels, to which the
presence of our bank in various management replied that the same would
areas across the country, such be examined positively.
licenses shall be utilized to open
more branches in potential areas
around the places from where the
branches stood
merged/rationalized.
6. Revision of Promotion, Selection of The management requested that
Special Assistants and Head suggestions for revision of policies be
Cashiers Policies: Even though the given by AIBOBECC for further
bank has implemented the best of discussions.
the benefits available in 3 banks
after the merger to all the
employees of the bank, the policies
on promotion, selection of special
assistants and head cashiers are
yet to be revised. Hence, it is
requested of the bank to form a
small committee comprising of the
representatives of the
management and the All India
Bank of Baroda Employees’
Coordination Committee to discuss
and arrive at a consensus for
revision of the policies for eventual
signing and implementation.
7. Elevation of part-time sweepers as The settlement would be signed after the
peons: We request the bank to sign structured meeting. AIBOBECC thanked
the Settlement for elevating all the the bank for the same and requested that
part-time sweepers as full-time 1/3 and 1/2 sweepers be also elevated in
phase manner.
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jewel appraisers are not being paid regarding Jewel Loan Portfolio as well as
re-appraisal charges at the about the payment of Assayers’ Re-
branches as per the extant circular appraisal charges.
guidelines and instead they are
being paid less ostensibly at the
oral instructions of the Regional
Offices.
21. Holiday Homes: We request that The issue would be examined after the
the number of rooms at holiday financial year.
homes be increased in the
background of more staff members
availing the facility in the post-
merger scenario.
22. Facilities for All India Bank of AIBOBECC expressed its displeasure over
Baroda Employees’ Coordination the delay on the part of the management
Committee after declaration as on the issue. The management stated
“Sole-bargaining Agent”: We that the issue is under positive
request that suitable guidelines be consideration.
issued expeditiously to Zonal
Offices/Regions for sanction of
special leave to office-bearers of
affiliates of AIBOBECC, provision of
notice board to the union at all
branches, allocation of union
offices at various Zones etc.(please
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39. Re-visiting of all settlements to The AIBOBECC shall give its views and
remove anomalies therein proposals regarding various policies.
Comrades, there were also individual issues that were taken up by the union and such
cases would be discussed separately and resolved.
The meeting was held in a positive and congenial atmosphere. The issues will be followed
up, wherever required, for resolution.
With Greetings,
Comradely Yours,
Janak Rawal
Secretary