AIBEA commenced its journey in 1946 and we are now in the 75th year of our beloved organisation. During the course of this long arduous journey, improving the economic conditions of the bank employees, securing better wages and secured service conditions have been a constant agenda before AIBEA.

In the beginning, managements were refusing to discuss and

negotiate our demands. AIBEA was forced to lunch agitations but all

these resulted in our demands getting referred to Tribunals. For

nearly two decades AIBEA was before one Tribunal after another.

The experience was not at all satisfactory.

Hence, in 1964, from the Trivandrum Conference of AIBEA, the call

was given to launch a bitter struggle demanding bilateral talks and

bipartite settlement. This resulted in AIBEA achieving the first ever

Bipartite Settlement in 1966.

Since then, there have been consecutive Bipartite Settlements in the

banking sector. Of course, there have been repeated attempts to

scuttle this bipartite mechanism. But we have preserved bilateralism

and bipartism all these years.

We are happy that in continuation of these efforts, we could achieve

the 11th Bipartite Settlement on the 11th November, 2020. This

Settlement is a landmark in many respects and is yet another

milestone achievement in our continuous journey.

This Settlement is the result of the abundant unity of our members,

inspiring militancy of our cadres, unflinching loyalty to the

organisation, unshakable faith in the leadership, and above, and

unfathomable love towards AIBEA.

While all the benefits accruing out of this Settlement are the by-

products, the foundation is that it is a bipartite settlement. Hence we

dedicate this Settlement to the hallowed memory of Com Prabhat Kar

and Com H.L. Parvana who are the architects of bipartism in the

banking sector.

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