A I I B O A

All India Indian Bank Officers' Association
Affiliated to AIBOC and AINBOF
Recognised by Indian Bank Management

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N E W S

* Special Leave Petition filed by AIBOC in Supreme Court against deduction of Income Tax on concessional interest on staff Loan (Loan Perks) has been accepted by the Honble Supreme Court. Accordingly,the interim protection granted earlier by the High Court of Madras will apply and continue to members of our Confederation until further orders. So no income tax will be deducted on loan perquisites for this financial year.

* Banks Board in its meeting held on 16.12.2016 had approved the enhancement of the limit and had made some improvement in the scheme. The quantum of increase is neither matched with our expectation nor matching with markets demand and the incremental increase has disappointed the members. Certainly, we would be reiterating to the management to review the quantum of increase. The salient feature of the scheme approved by the Board is furnished in circular section of Members Area.

* CONCILIATION MEETING BEFORE RLC (C) AT MUMBAI FAILED. The proceedings before the RLC(C) Mumbai with respect to our Notice of Strike stands closed as the parties failed to reach at some conclusion. The Executive Committee of AIBOC will meet shortly to discuss the developments and decide our next course of action to get justice for all in the matter of all our pending issues.

* Dearness Allowance is payable to Officers on 478 (i.e. 455 +23) slabs (47.80%) with effect from 01- 11 -2016 as against 455 slabs for the previous quarter.

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P H O T O S

* XI Triennial General Council of AIBOC held at Jaipur
* XVIII Triennial conference of AIIBOA held at Bengaluru
* Seminar on Demonetisation held at Chennai
* Human Chain at Chennai

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A F F I L I A T E S

AIIBOA has seven affiliates spread across India. They are
Northern Zone
Western Zone
Eastern Zone
Andhra & Telengana
Karnataka
Kerala and
Tamil Nadu & Pondy

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A I B O C

The All India Bank Officers Confederation - AIBOC is a Symbol of hope and aspiration to Managerial Class all over the world. When the supervisory workers were exploited on the plea that they are part of the Management and cannot form Unions, AIBOC came into existence. All India Bank Officers Confederation (AIBOC) is an apex trade union of supervisory cadre employees. As an apex body, AIBOC is the torch-bearer in the trade union movement not only of the Bank Officers but also of the Supervisory cadre of employees in the financial sector as a whole. AIBOC has been a forerunner in championing the cause of the working class amongst supervisory cadre employees. AIBOC has acted as a catalyst in forging unity of bank employees and in forming United Forum of Bank Unions in 1997, comprising of all Bank Employees Unions and Officers Organisations. In Banking industry, it encompasses Public Sector, Private Sector, Regional Rural Banks and Co-operative Banks. AIBOC commands membership of over 2 lacs, with an overwhelming majority in banking industry. It has affiliates in all Banks in Public Sector and 10 banks in Private Sector. Officers Organisations in 2 State-level Co-operative Banks, Regional Rural Banks and 4 other Financial Institutions are also affiliated to AIBOC. In order to accelerate the pace of consolidation, separate Federations have been set up for Officers of Private Sector, Co-operative Sector and Regional Rural Banks under the banner of AIBOC. Likewise, AIBOC has set up State Units in all States and Union Territories. These Units have, in turn, set up District Units all over the country..


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A I I B O A

A I I B O A - an unending truth

With the emergence of the Trade Union movement for the Supervisory Officials in the Banking Industry an Association for the supervisory officials was founded in our Bank in the name and style of INDIAN BANK OFFICERS AND SUPERVISORY STAFF ASSOCIATION - MADRAS on 26.08.1963 and was registered under the Trade Union Act 1926.
This was a unitary type organization and the same was accorded recognition by the Management vide an agreement dated 27.06.1974. This unitary setup of the Association was changed into a federal setup in the name and style of ALL INDIA INDIAN BANK OFFICERS ASSOCIATION in its meeting held on 14.08.1977.
The Management recognized this new body vide an agreement dated 06.06.1978..

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Our Location

We are located in the heart of Chennai, the capital of the State Tamil Nadu
which is situated in the southern most part of India

Contact Us

All India Indian Bank Officers' Association
No.3, Sripuram Second Lane
Royapettah
Chennai 600 014

Tel. 044 - 2811 3376 and 044 - 28113386
email : iboa.tn.pondy@gmail.com