Income

Rotimatic - Automatic roti making appliance.

10TH BIPARTITE CIRCULAR ISSUED BY UFBU

UFBU CIRCULAR No. UFBU/2013/4  dt. 12.8.2013

Bipartite talks with IBA

Another round of bipartite talks took place today in Mumbai between IBA and UFBU on our demands for wage revision.  IBA was represented by their Negotiating Committee led by its Chairman Shri T M Bhasin. UFBU was represented by all our nine constituent unions.  The meeting condoled the death of Com. R J Sridharan, Chairman, AIBOA, who was in the negotiating committee till 9^th Bipartite Wage Revision. 

The meeting was held in a cordial atmosphere and discussions were fruitful.  In the day-long discussions held, satisfactory decisions on some of the important issues could be arrived at.  Continuing the discussions of the last round of talks held on 7^th June, 2013, we emphasised the need for IBA to expedite and conclude the settlement in a time bound manner.  We also asked them to react and respond to the issues like date of effect for commencement of the revised wages, consumer price index point upto which Dearness Allowance is to be merged with basic pay for construction of revised pay scales, quantum of wage revision, etc. 

Date of effect:  In response, the IBA agreed that the new wage settlement would be effective from 1st November, 2012, i.e. the date from which the 10^th Bipartite Settlement is due. 

Merger of DA for constructing revised Pay Scales:  IBA explained their constraints to consider merger of Dearness Allowance at higher index points. After prolonged discussions and on the insistence of the UFBU for merger of D.A at a higher level to enable construction of Pay Scales in a reasonable manner looking to the Pay Scales of employees and officers in comparable sectors, IBA agreed and conceded to merge Dearness Allowance upto 4440 Consumer Price Index i.e. 401 slabs and construct new pay scales accordingly.

Increase in wage load:  On the offer of the wage load increase, IBA wanted to study the cost impact of the merger before responding.  However, the UFBU reiterated its demand that the offer should be exclusive of superannuation cost and improvements in other welfare measures.  IBA indicated that the same would be kept in mind by them.

REIUBURSEMENT OF HOSPITALISATION EXPENSES:  To our demand for 100% reimbursement of hospitalisation expenses incurred by the employees/officers for self and eligible family members, IBA offered introduction of mediclaim policy facility under which hospitalisation expenses would be reimbursed by the insurance company upto Rs. 2 lacs for substaff, Rs. 3 lacs for clerical staff and Rs. 4 lacs for officers per year. Looking to the various implications of switching over to the new scheme and the need to examine the pros and cons of the scheme, we said that a detailed study is required on the contents of the scheme offered before responding.

Management’s issues:  The management’s issues like introduction of cost to company method, Fixed Pay and Variable Pay concept were discussed and UFBU has given its strong views against the same.  However, the matter remained inconclusive.

Compassionate ground appointment Scheme:  Another vital issue, much dearer to all the bank employees, which is relentlessly being pursued by the UFBU is restoration of compassionate appointments in the Banking Industry. IBA informed us in today's meeting that its recommendations for introduction of compassionate appointment scheme on similar lines prevailing in Central Government for its employees has been sent to Ministry of Finance, Govt. of India for its approval. No doubt, it is an important step in the direction of restoring compassionate appointments in the Banking Industry which is a long pending demand. While thanking the IBA for the positive step taken in this direction, we earnestly hope that the Government would accord its approval at the earliest.

Comrades, in today’s discussions, we could arrive at conclusion on two vital issues i.e. date of effect and merger of dearness allowance.  We thank the team of the Negotiating Committee of IBA for this forward movement in the discussions.

The date for the next round of discussions will be decided in due course.

                                                                                                    

                                                                                                           Sd..

M.V. MURALI

CONVENER

Modi gets Invitation to visit & speak House of Commons

London/New Delhi, Aug.13 (ANI): India groups of the United Kingdom's two main political parties-the Conservative Party and the Labour Party -- have invited Gujarat Chief Minister Narendra Modito visit the country.

The Labour Friends of India chairman, Barry Gardiner, sent a letter to Modi last week, inviting him to the House of Commons to speak on 'The Future of Modern India.'

"The invitation is a culmination of several years of engagement between senior representatives of the Labour Party and Narendra Modi," Gardiner was quoted by media, as saying.

"I am sure people in the UK and indeed the international community would be very interested to meet and hear what Narendra Modi has to say first hand. He is a politician who cannot be ignored. I believe it's in Britain's best interests that we engage with him as both the Chief Minister of Gujarat and also potential Prime Minister," he added.

"I, like many colleagues within the Labour Party, look forward to welcoming Chief Minister Modi to the UK. I last had the pleasure of meeting him in Gujarat in 2009. His return visit to the UK is long overdue," said Stephen Pound, former chair of Labour Friends of India.

In a rare show of political unity, the Conservative Friends of Indiaissued their own invite for Modi on August 9.

"It would be a great privilege for us to host an event for you. I very much hope that you will take us up on this invitation when opportunity allows," wrote Sailesh Vara, the Tory MP for North West Cambridgeshire. (ANI)

Vijaya Bank pays dividend | Business Line

Vijaya Bank pays dividend | Business Line

SHORTLY OPEN VIJAYA BANK PALANPUR BRANCH

ટુંક સમયમાં ખુલે છે.

આપણા શહેર પાલનપુરમાં નવી સરકારી બેંક વિજયા બેંક ખુલી રહી છે.

વિજયા બેંક નીચેની સુવિધાઓ આપે છે.

• રૂપિયા 10/- માં 12 વર્ષથી મોટા વિદ્યાથીઓ માટે બચત ખાતાની સુવિધા V-GENUTH SB

• રૂપિયા 500/- માં બચત ખાતું ચેકબુક અને ATM સાથે

• રૂપિયા 1000/- માં વેપારીઓ માટે કરન્ટ ખાતું

• સૌથી વધુ વ્યાજ આપતી સરકારી બેંક એટલે વિજયા બેંક

         8.90%  -   ખાસ સ્કીમ - વિ - વૈભવ (V- VAIBHAV)  (એક વર્ષ માટે)

         9.35%  -   ખાસ સ્કીમ વિ - સમ્માન (વરિષ્ઠ નાગરીકો માટે)

                            (V-SAMMAN)   (1 વર્ષ થી 3 વર્ષ માટે)

• વિ - હોમ (V- HOME) કિફાયતી દરે હાઉસીંગ ધિરાણ ઉપલબ્ધ છે.                                                      25 વર્ષ સુધી --10.25% વ્યાજ                                                                                               (કોઈ પ્રોસેસીંગ કે ડોક્યુમેન્ટ ચાર્જીસ નથી 30.09.2013 સુધી)

• વેહીકલ લોન (V-WHEEL): 10.75% P.A., 7 વર્ષ સુધી 

• વિદ્યાથીઓ માટે એજ્યુકેશન લોન પણ ઉપલબ્ધ છે.

• વેપારીઓ માટે વિજયા ટ્રેડર લોન (V-TRADER) પણ ઉપલબ્ધ છે.

• સોના સામે ધિરાણ મળશે

• ડોક્ટરો માટે V-DOCTOR લોન મળશે

• ખેડૂતો માટે કૃષિ ધિરાણ મળશે 

• લોકર સુવિધા સાથેની સંપૂર્ણ કોમ્પુટરાઈઝ શાખા

• RTGS/NEFT CODE : VIJB0007376

વધુ માહિતી માટે મળો  :  ધિરેન ભાખરિયા 

                              બ્રાન્ચ મેનેજર 

                              વિજયા બેંક 

                              ગ્રાઉન્ડ ફલોર,

                              મેઘદર્શન, મેહુલપાર્ક,

                              સર્કિટ હાઉસની સામે,

                              આબુ રોડ હાઈવે, પાલનપુર  

મોબાઈલ : 9824111460.

ઈ મેલ     :   palanpur7376@vijayabank.co.in

વેબ સાઈટ :  www.vijayabank.com

GOOD NEWS FOR VIJAYA BANK AS DIVIDEND DARLING BANK

THINK POSITIVE

BUDGET 2013-2014

Its really disappoint me. Nothing new, only focus on fiscal deficiet.

14000 crores for PSB, welcome.

Mahila Bank - really nice.

waiting for settlement

All bank employee are waiting for 10th Biparty settlement.

Rahul Chala PM Banane

congress working committee (CWC)
select Rahul as Vice president of Congress.