Implement 5 day Banking - UBU

For the last three days there were hectic rounds of GR meetings at Jalandhar zonal office on 24.11.2025 for the state of Jammu & Kashmir, at Karnal Zonal Office on 25.11.2025 for Haryana state and lastly on 26.11.2025 at Chandigarh Nodal Zonal Office for the entire state of Punjab covering three zones of Chandigarh, Jalandhar and Ludhiana.
We are pleased to report to you that all the three State level GR meetings were totally successful and have gone a long way in creating an organisational impact in these three zones. It was worthwhile to note that In all the GR meetings the list of issues were very less ,which manifests the strength and commitment of our North Zone team under the leadership of Com R K Bhagat, President and Com H S Veer, General Secretary in dealing employees issues on day to day basis and ability to get those redressed.

We invite reference to our previous communication (AIUCBEF/ MD & CEO /112/ 2023-2026 dated 03.06.2025) on the captioned subject.
We sincerely appreciate our bank's initiative as in March, 2023, conveyance allowance was introduced, which provides ₹600 for clerical staff and ₹300 for substaff on a declaration basis. This was a step welcomed by all members of award staff.

We would like to invite your kind attention to earlier communications of United Forum of UCO Bank Workforce (UFUBW) with you wherein we have mentioned that according to our information few banks are in the process of considering the methods of absorbing the TDS liability on perquisite value upon the interest free and concessional interest-bearing loans made available to the employees.

FM Madam Nirmala Sitharaman says
• Bank Nationalisation has not provided desired result
• Privatisation of PSU Banks will not hurt the Nation
So, she says that Banks can be privatised Why we oppose Privatisation of Banks
• Privatisation means closure of many Rural Branches
• Privatisation means less loans to agriculture
• Privatisation means less loans to MSMEs.
• Privatisation means less Education Loans to the poor