Registeration No. 9385

C/o: Bank Of India Bldg., Mahatma Gandhi Road, Fort., Mumbai, Pin: 400 023 | Date : 29/02/2024 | Day : Thursday | Office of the General Secretary : C/o Bank of india ,Bokaro Steel City Branch,E- 17, City Centre, Bokaro, Jharkhand. Pin-827004 E-Mail Address : Fedgensec@Gmail.com


AIBEA'S Clarion Call. March on to Nationwide General Strike on 26th Novemer 2020.


Join us on, Sunday 18th October,sharp at 11.00 AM for FOBOISU - President & Working President's Address on our ongoing agitional progaramme against management. Click on the above link to start the live telecast at 11.00 AM on Sunday 18th October.Please do not miss this important event..

It is learnt that the management has opened a special window till 31. 10. 2020 allowing those Award Staff who have not claimed reimbursement of petrol expenses in previous quarters to claim. It is further learnt from the management's instruction that those Award Staff who will not claim reimbursement of petrol expenses till 31. 10. 2020 will lapse. The grounds put forth by the management for such a step is stated to be Income Tax issue and also cumulative load of expenses in a quarter in which Award Staff will lodge claim thereof. Both are fallacious argument. Moreover, is our bank's financials are so fragile as to unable to bear the load in one quarter? Furthermore, The step taken by the management is motivated and designed to create confusion/ division among members.. let us not fall prey to divisive game of the management. The members have so far lodged strong protest by not lodging claim. As per data released by management more than 14000 Award Staffs have not claimed on the advice of the Federation. It is also to be noted that the management has now reacted to the protest lodged by the members. *Members are advised to wait for the decision of the Federation in the matter. We will communicate our decision within a couple of days. In the meantime, members are advised not to lodge claim.* We will collectively tackle the management's divisive game plan.

AIBEA's Call- Observe Anti Bank Privatisation Day on 14th Sept 2020. Follow guidelines as per circular.

Congratulations comrades, MoU for 11th Bipartite Settlement signed by UFBU on 22.07.2020. Wihin 90 days final Settlement will be completed.



Various Awards & Bipartite Settlements

The wages and service conditions enjoyed by the bank employees today have been secured after bitter and protracted struggles. Our service conditions are governed by composition of the Sastry Award (1953), The LAT Decisions (1954), the Industrial Disputes (Banking Companies) Decision Act 1955, the Industrial Dispute (Banking Companies) Decision Amendment Act 1957, the Government of India notification dated 13th February 1960 on calculation of Dearness Allowance, The Desai Award (1962), First Bipartite Settlement dt. 19.10.1966. The Second Bipartite Settlement dt. 12.10.1970, The Bipartite Settlement dt. 23.07.1971, the Bipartite Settlement dt. 8.11.1973, The Third Bipartite Settlement at 1.8.1979, 31.10.1979 and 22.11.1980. The Bipartite Settlement dt. 21.04.1980 and Settlement dt. 08.09.1983 on Computerisation, The Fourth Bipartite Settlement dt. 17.09.1984 and subsequent Settlements dated 28.02.1985, 05.01.1987, 29.03.1987 and 23.02.1989. The Fifth Bipartite Settlement dt. 10.04.1989, 03.02.1990, 29.06.1990, 16.07.1991, Settlement on Pension & Computerisation dt. 29.10.1993. The Sixth BPS dt. 14.02.1995, 14.12.1996, 28.11.1997, The Seventh BPS dt. 27.03.2000 and Settlement dt. 10.04.2002 on Disciplinary Actions 8th Bipartite Settlement dt. 02.06.2005, 9th Bipartite Settlement dt. 27.04.2010, 10th Bipartite Settlement dt.25.05.2015 and 11th Bipartite Settlement dt.11.11.2020.The attachments mainly comprise the Sastry Award, The Desai Award, the Settlement on Pension & the Settlements starting from 1st to 11th Bipartite Settlement.

  Biparted Settelments     Awards
  First Bipartite Settlement     Desai Awards
  Second Bipartite Settlement     Sastry Awards
  Third Bipartite Settlement     Pension Settlement
  Fourth Bipartite Settlement      
  Fifth Bipartite Settlement      
  Sixth Bipartite Settlement      
  Seventh Bipartite Settlement      
  Eighth Bipartite Settlement      
  Ninth Bipartite Settlement      
  Tenth Bipartite Settlement      
  Eleventh Bipartite Settlement      

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