Will New IBA Chairman Be Able to Check the Group of Cunning & Manipulator Officials at IBA

The way various issues relating to HR have been handled by IBA in recent times, it has become very clear that a group of officials of IBA are not only big manipulators but also extremely cunning.   Therefore, there is a need for all the bankers and union leaders to the cautious and there will be need for hard bargaining on the text  of the Xth BPS.     IBA can delay the negotiations by months or even years together on the pretexts like  "IBA does not have the mandate of the member banks"   or  by not giving time to UFBU leaders even for a meeting till a strike is slapped on the face of IBA.    All this has happened in very recent past - only a few weeks back.   The credibility of the IBA in the eyes of general banker is at the lowest in recent times.  

A new Chairman has taken over the guards at IBA on 1st October, 2012.    People usually pin hopes for betterment as and when there is a change at the top.  In this case also, bankers have great hopes.     However,  the feedback which our website receives through emails and otherwise,  is not highly encouraging as it appears that in recent months the staff, specially officers staff, have been given raw deals in the matters of not only postings but also charge sheets in the bank.    There appears to be lot of discontentment among the officers in the bank.    We would like to  quote some words from one of the emails received at ours through an  officer who had a long association with the said Bank.   The email, inter-alia reads:-

The feedback received from other sources also confirms the above.   We also understand that this problem has even started in even the biggest bank of India,  as recently some unions have issued circular in this regard.    However, we leave it to the readers to recheck and get their own confirmations as to whether above facts are true from their close friends and form their opinion as  we do not wish to influence your opinion.   We have flagged this issue merely to caution the top brass of these banks about the present perception that is being built among the officers class.   With our experience, we know there are hardly any officers who can share such frank opinion with their bosses during their service or even after retirement.  If this perception is correct, then there is a need for immediate corrective steps.  Failure to take appropriate steps immediately can result in large scale unrest and will directly affect the business of such banks.

The general perception about him was  undoubtedly  that of a simple and well behaved CMD (a rare trait these days).  but there is also growing feeling that he frequently  fails miserably to notice the manipulators down the line.    Even if he notices these, the damage has already been done by that time by such people.   These manipulators are able to easily convince him against even good people and then action is initiated against those bankers who are hard working but do not indulge in flattery and do not join the groups of such manipulators.  This has undoubtedly affected the moral of officers.    This should be a wake up call for the top brass across the industry in general, and specially among the banks we are talking about.  

With above background and perceptions, there is  every danger that things will not change at IBA level easily.    The attitude of officials of IBA till date has been exceedingly manipulative and cunning and thus this simple natured  new Chairman may here too fail to notice this negative attitude of IBA and may be swayed by twisted facts .   

The negotiations for Xth BPS are just round the corner and the new Chairman can play a great role for the benefit of the bankers.   Union leaders need to understand the attitude of IBA and make it clear that this time they mean business and not lolly-pops.   If they wish that bankers should get an honourable settlement, it has to be ensured that it is clinched before the next General Elections (These can be held any time in 2013).  Any delay beyond the elections will not bring an honourable settlement as this government is already facing the fiscal crunch and will be soon asking the banks to shell more in the shape of dividends, rather than looking for welfare of the employees.  

However, we needs to be optimistic and hope the new IBA Chairman  will understand better the problems faced by serving as well as retired bankers at the industry level and not merely at bank level.  This is a bigger challenge than handling the issues at bank level.

There is lot of discontentment among the retired bankers, specially among the leftover bankers who have yet to get 2nd pension option as IBA is not ready to concede inspite of GoI guidelines clarifying the issue in July 2012.   It appears now IBA officials are sitting on false ego issue.   New IBA Chairman needs to address the issue on priority basis as the reports indicate that DFS has again asked IBA to take action as per the letter dated 25th July, 2012.    We quote below message that has been attached to circular No 10 of AINBOF issued by Mr Harvinder Singh

We, at AllBankingSolutions.com hope that the message of this Article will reach the new IBA Chairman and he will  take appropriate steps to show the door to manipulators and cunning officials of IBA who by their recent acts have hugely dented the reputation of IBA.   If he fails in this duty, his reputation is certainly going to take a bigger dipper within his bank but also among the bankers across the industry.

Links for Letters Sent to MoF by one of our readers seeking updated information on the above subject.