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Circular
Our call for strike on 24th and 25th March, 2025 postponed.
UFBU CIRCULAR NO. 5 : In the midst of our agitational programme, as informed in our earlier message on 18-3-2025, there was conciliation meeting on that day between IBA/bank managements and UFBU as arranged by the Chief Labour Commissioner. Since no understanding could be reached on our demands, the conciliation meeting was adjourned to 21st, and accordingly day before yesterday (on 21-3- 2025) one more round of conciliation meeting took place in CLC office, New Delhi.
Chief Labopur Commissioner (Central), Shri K. Shekar himself conducted the conciliation proceedings along with Dy. CLC, RLC (HQ) and ALC (IR). Representatives of DFS from the Ministry of Finance, IBA and all Bank managements were present. All our constituent Unions were present.
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Circular
United forum of bank unions served a strike notice in Form-L dated 05.03.2025 to the Chairman, Indian Bank Association and the Chief Labour Commissioner(C) mentioning therein to go on strike on 24th-25th March 2025 apart from other agitational programmes. The moment the notice is received to the Chief Labour Commissioner(C), it is seized into conciliation considering public utility service and a notice was issued to all the stake holders asking them to attend the meeting on 18.03.2025 at 11:30 AM.
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Circular
Today a National Convention Workers was held in Delhi and organized by the major Centra Trade Unions ( INTUC, AITUC, HMS, CITU, AIUTUC, TUCC, SEWA, AICCTU, LPF, UTUC) and other independent sectoral trade union Federations to discuss about the various problems faced by the working class and trade unions and to decide agitational programme.
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Circular
The Central Committee meeting of UCO BANK Employees Union -NZ was held today 16.03.2025 at Jalandhar . After paying tributes to Comrade R K Walia ji , Chairman UCBEU- NZ who was expired on 12.03.2025 mainly discussed in detail about the 3rd Youth and Women Conference to be held on 26th and 27th April and it was decided that all North Zone comrades will put their full effort to make this convention a grand success. All comrades took a pledge to make this convention a success with full enthusiasm . Com. Anil Sotra, who recently joined AIBEA from BEFI with all his members was felicitated by Com Raj Kumar Bhagat and Com H S Veer . With unanimous decision the central committee appointed him a Joint General Secretary of UCBEU- NZ to oversee the overall affairs of Jammu and Kashmir.
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Circular
With heavy heart and a grief- stricken mind we inform that Com. R. K. Walia, leader of our Federation, leader of bank employees of Northern Zone has breathed his last on 12th March, 2025 in his son's residence at Bengaluru.
As the news of his sudden and sad demise poured in, our members across the country and particularly in Punjab and Northern zone got severely shocked and all stood as one in mourning his untimely death.
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Circular
Today is really a momentous day for all of us in Federation. History has been created by our valiant soldiers of Punjab unit. During their visit of Jammu yesterday they were able to convince Com. Anil Sotra who had been the leader of BEFI union so long to join the mainstream of Bank employees movement, AIBEA. Along with Com. Anil, thirteen (13) comrades from different branches of Jammu have joined our organization. We warmly welcome all of our dear brothers and sisters of Jammu & Kashmir in the majority workman union of UCO BANK. We profusely thank Com Anil Sotra for taking this wise decision to join the majority and mainstream trade union of the banking industry and our bank too.
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Circular
We reproduce hereunder the contents of CIRCULAR NO.AIUCBEF/66/2023-2026 Dated 28/02/2025 Issued by Com. Partha Chanda , General Secretary, AIUCBEF, on the above subject for information of our members.
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Circular
We are hereby reproduced the UFUBW letter To MD & CEO of UCO BANK regarding Consideration of TDS Absorption on Perquisite Value of Loans - Following Canara Bank and Punjab National Bank's Example.
We are requesting all the state units to circulate the same accordingly.
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Circular
All India UCO Bank Employees’ Federation is thrilled to announce the official logos for the upcoming 3rd All India Youth and Women's Convention scheduled on April 26th and 27th, 2025, in Jalandhar, Punjab. These dynamic logos have been designed to capture the spirit and strength of UCO Bank's young men and women employees.
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Circular
Dear Comrades,
UFBU’s clarion call for agitation and strike
Demanding Recruitments, 5 Day Banking and on other demands March on to 2 Days Continuous Strike on 24th and 25th March, 2025
All our Unions and members are aware that on the one hand, our important demands remain pending and on the other hand, new attacks are emerging. Hence after due discussions and deliberations, it has been decided to launch our agitational programme culminating in 2 Days Continuous Strike for 48 Hours on 24th and 25th March, 2025 on the following issues and demands.
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Circular
We are pleased to declare that our All-India Federation has decided to organise the 3rd All India Youth and Women Convention at Jalandhar, Punjab.
In the background of more and more young men and women joining the bank through IBPS and thereby getting associated with our organisation, it was felt by us to hold a SPECIAL CONVENTION of Young MEN and WOMEN comrades of our organisation. It is not out of place to mention that our AIUCBEF has a history and culture of holding such specific, focussed Conventions of Youth and Women in the past.
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Circular
Dear Comrades,
AIBEA’s 9th National Women Employees Convention At Ahmedabad, Gujrat on 8th and 9th Feb. 2025
Public Session at 4-00 PM on 8th Feb. 2025 Venue :
Dinesh Hall, Off. Ashram Road, Near Income Tax Cross Road, Ahmedabad
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Circular
CLARION CALL FROM AIBEA OFFICE BEARERS DECIDE TO LAUNCH AGITATION AND STRIKES DEMANDING ADEQUATE RECRUITMENTS, TO OPPOSE OUTSOURCING, 5 DAYS BANKING, TO STOP ATTACKS ON BANK STAFF AND OTHER DEMANDS GET READY FOR THE ACTION PROGRAMME
Meeting of the Office bearers of AIBEA was held in Kolkata yesterday i.e. 15-1-2025 to discuss about the major issues and demands and to decide our course of action. Com. Rajen Nagar, President presided over the meeting.
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Circular
Appeal for Employer's Assumption of Tax Burden on Perquisites under Section 17(2) of the Income Tax Act, 1961
We all are well aware that the recent judgment by the Hon’ble Supreme Court in Civil Appeal No. 7708 of 2014 & Ors. has reaffirmed the classification of certain employee benefits, such as interest-free or concessional loans, as taxable perquisites under Section 17(2) (viii) of the Income Tax Act, 1961, read with Rule 3(7) (i) of the Income Tax Rules, 1962. This judicial directive has profound implications for employees across the banking industry, including our Bank, where similar benefits are extended
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Circular
Management should be allowed to manage the Bank
The present Government is always fond of boasting that in their regime there would be ‘more governance and less government’. During the Gyan Sangam held at Pune on 2nd and 3rd January 2015, the Prime Minister had said that “Banks would be run professionally, and there would be no interference”. It was also decided that the Bank’s Board should be given full autonomy on HR decisions.
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Circular
Since the introduction of Finacle 10 (migration from Finacle 7) our employees are experiencing innumerable problems while rendering customer service sitting in the front counter. They are facing inordinate delay and facing some chronic issues while working on a system which is grossly affecting instant customer services. This at large is affecting Bank business and growth. The problems started to pour in and everyday throughout India all our Union whats app groups were full with narratives of such finacle related problems from our members.
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Circular
Members are aware that 7th Promotion Policy Agreement Signed on 28/07/2022 was overdue for review and accordingly at the invitation of the Management, Policy committee was held on 9th September, 2024 between our AIUCBEF & the Management and exchanged views on amendments needed to be made in the Policy.
In continuation to the above meeting, discussions were resumed on 4th November ,2024.
While most provisions are required to be retained without any changes the undermentioned changes were mutualised in the meeting
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