The Officers’ organizations have been holding discussions and negotiations with
the representatives of the Indian Banks’ Association over the last 40 years. The
system has got itself streamlined during the last 3 decades and the issues that are
related to the compensation and also certain issues of urgent nature are brought
to the IBA forum and decided between both the parties. There is a need to
structure this conventional arrangement and ensure that all issues affecting the
industry and the impact of the directives of the outside agencies on the officers’
fraternity are brought to this structured forum and decided to avoid unnecessary
irritations in industrial relations in the banking industry. The proper detailed and
codified account of all discussion should be exchanged.
The structured forums are already in vogue in all the banks. The issues referred
to the banks by the IBA and the Government is discussed at the bank level
negotiations by each organization which leads to discrepancies in the
implementation of any understandings reached between the organizations and
Certain Industry level issues have to be discussed at IBA / Government Level.
Hence, there is a need to have structured forum at IBA / Government for
periodical discussions. Hence, there is a need to bring all such issues/directives of
the IBA and the Government before a structured meeting and settle to avoid
frequent agitation and industrial unrest in the banking industry.
IBA Management Committee meets periodically. IBA also collaborates with
Organisations like FICCI and ASSOCHAM. Being stake holders we should be
invited for discussion periodically and also in conferences like Gyan Sangam.
We propose a quarterly meeting with IBA in a structured forum.