The Hindu Business Line : Bank officers to seek fixed working hours, pension

Hyderabad, Dec. 9 The bank officers’ associations across the country will fight for fixed working hours and provision of pension, and against contractual appointments and mergers and acquisitions of banks.

There is a need to take up a “relentless struggle” to achieve the demands, Mr G.D. Nadaf, General Secretary, All India State Bank Officers Federation (AISBOF) and Joint General Secretary, All India Bank Officers Confederation (AIBOC), told participants at the 17th Delegate Session of the Federation of Bank of India Officers’ Associations (FOBOIOA) here on Sunday.

The problems faced by the officers in 1960s are resurfacing in the present globalisation era in the name of competing with global banks, Mr Nadaf said adding: “The officers now have no fixed hours and end up working over 16 hours a day. Further, the long-pending demand for a second option of pension has been unfulfilled. We will fight for them.”

Observing that there was no need for mergers and acquisitions of the banks as the rural market still needed to be tapped, he said the bank officers across the country were against any merger or takeover including the merger of State Bank of Saurashtra with SBI.

Mr V. Eswaran, General Secretary, FOBOIOA and President of AIBOC, said all the officers should work for ensuring the success of bank officers trade union movement. Later, Mr K.R. Kamath, Executive Director, Bank of India, formally launched the Web site of the association.

The three-day meet, being attended by over 1,000 officers of BoI from across the country, would discuss a wide range of issues including demand for pension, expansion in rural areas and large scale recruitment.

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