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Sunday, 8 May 2016

IBA refuses to discuss with Retiree Organisation

IBA refuses to discuss with Retiree Organisation

According to  IBA communication dated 13 April 2016 addressed to Dr. Natchiappan , Honorable MP & Chairman of Parliamentary Standing Committee on Public Grievances, wherein it states that
" the matter regarding holding the discussion with the Retirees Associations on the issue raised by them was put up to the Managing Committee of IBA in its meeting dated 02/03/2016. The Committee deliberated at length on the issues and felt that in absence of a mandate from Member Banks, it would not be appropriate for the IBA to discuss / negotiate the issue with the Retiree Associations. There are number of Retiree Associations and and there is no set prescribed procedure to verify their majority status / membership details."
With this stand of IBA, Hope CBPRO and AIBRF will adopt their action plan to Counter IBA in the matter.



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