| Bipartite
Settlements with Workmen |
Indian
Banks' Association has been representing managements of
banks in negotiations with recognised Trade Unions for
wage settlement of disputes resolution since 1966. Prior
to that, disputes between bank managements and employees
were settled through awards notified by Central Government
under provisions of Industrial Disputes Act, 1947.
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The
following awards are seen as benchmarks :
Sastri Award 1953 (This is linked to the publication in
the Publication List)
Desai Award 1962 (This is linked to the book listed in
the Publication List)
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I Bipartite Settlement
Dated 19.10.1966 |
A
landmark in the history of Industrial Relations and collective
bargaining in the country.
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II Bipartite
Settlement dated 12.10.1970 |
Major
achievements of this settlement were abolition of classification
of areas for the purpose of pay scales, DA, reduction
in span of scales of pay from 25 to 20 years. The settlement
was signed with single majority union in the banking industry
viz. AIBEA
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III Bipartite
Settlement dated 01.08.1979 |
Under
this settlement, State Bank of India also became a party
to the Industry level Bipartite Settlement alongwith other
'A' Class banks.
Settlement on 'Other Issues' was signed on 31.10.1979.
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IV Bipartite
Settlement dated 17.09.1984 |
Provisions
for improvements in working in banks' offices/branches
were highlighted.
Settlement on Residual Issues was signed on 05.01.1987.
Settlement in respect of 4 'B' Class banks was signed
on 28.02.1985.
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V Bipartite Settlement
10.04.1989 |
Supplementary settlement dated 29.06.1990.
Provided improvement in pay scales, DA, HRA etc.
Settlement on Residual Issues on 16.07.1991.
Soon after signing the Vth Bipartite Settlement AIBEA,
sought for further improvement on the settled terms on
the grounds of relativity.
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VI Bipartite
Settlement dated 14.02.1995 |
Appropriate
clauses were included in furtherance of customer service,
efficiency, discipline and working in banks' branches
besides further revision in the service conditions
Settlement on residual issues was signed on 28.11.1997.
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Settlement on
Computerisation and Mechanisation |
Settlement on Computerisation and Mechanisation was signed
on 29.10.1993.
Settlement on Pension to Bank Employees was signed on
29.10.1993.
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VII Bipartite
Settlement dated 14.12.1999 |
| Settlement
on Disciplinary Action Procedure for workmen signed on
10/04/2002
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VIII Bipartite
Settlement dated 02.06.2005 |
Important
provisions relating to deployment of staff, use of IT,
rationalisation of special pay post.
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