1 - WELCOME []Notice is hereby given that Business Session of 12th All India Conference shall be held at Sri Sathya Sai Nigamagamam, ... Sri R. Subba Rao, Chairman, Grievances Committee,

W E L C O M E

TO

12th ALL INDIA CONFERENCE

OF

ALL INDIA ANDHRA BANK OFFICERS’ FEDERATION

ON

15th JULY, 2018

AT

SRI SATHYA SAI NIGAMAGAMAM, SRINAGAR COLONY,

HYDERABAD

C O N T E N T S

1. Notice

2. Roll of Honour of Former Presidents & General Secretaries

3. Nominees of Federation

4. Report of General Secretary

5. Enclosures to General Secretary’s Report i. Administration of Secretariat

ii. Comparative Membership of Unions as on 30.06.2018

iii. Election Circular No.5/2018 dated 4th March, 2018

iv. List of Executive Committee Members with Telephone Numbers

6. Balance Sheet & Income and Expenditure Statement as at 31.12.2017 7. Draft Amendments to Bye Laws

8. Members of Organizing Committee

9. Resolutions

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Date: 20-06-2018

To All Delegates to 12th All India Conference:

N O T I C E

Notice is hereby given that Business Session of 12th All India Conference shall be

held at Sri Sathya Sai Nigamagamam, Srinagar Colony, Hyderabad on 15th

July, 2018, Sunday to transact the following Agenda. Meeting shall commence

at 2.30 PM.

AGENDA:

i) To consider and adopt the report of General Secretary

ii) To consider and adopt the audited statement of accounts

iii) To consider amendments to Bye-Laws as recommended by Executive Committee and/or the amendments as proposed by member delegates placed by Grievances Committee

iv) To appoint auditors and fix their remuneration

v) To consider Resolutions / Proposals / Motions recommended by Executive Committee

vi) To consider issues/proposals made by member delegates and placed by Grievances Committee

vii) Any other matter with the permission of chair

(N.V. SATYANARAYANA) General Secretary

Annexures: I. Constitution of Grievances Committee

II. Amendments to Bye Laws – Information to Members

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ANNEXURE – I CONSTITUTION OF GRIEVANCES COMMITTEE

The Grievances Committee is constituted as per Clause No.15 of Bye Laws of the Federation with the following Executive Committee Members. Com. R. Subba Rao, Deputy General Secretary

Chairman 9491316345

Com. S. Meeneswaranath, Circle Secretary, Hyderabad

Member 9849735797

Com. K. Srinadh, Zonal Secretary, Hyderabad-I

Member 9666180916

NOTE:

i) Any delegate who desires to raise any issue before the All India Conference shall submit in writing to the Grievances Committee.

ii) The decision of Grievances Committee to place it before the All India Conference shall be final.

iii) The Committee shall cease its functioning at the close of the All India Conference.

------------------------------------------------------------------------------------------------ ANNEXURE – II

AMENDMENTS TO BYE LAWS – INFORMATION TO MEMBERS Member delegates who desire to move any resolution or any amendment to Bye Laws at the All India Conference shall send the copies of the same to Grievances Committee to reach them on or before 10.00 AM on 14th July, 2018. The mailing can be done to the Grievances Committee as per the address furnished below.

Sri R. Subba Rao, Chairman,

Grievances Committee, C/o Andhra Bank, Zonal Office,

Opp. Indian Tobacco Association Hall, Nagarampalem, GUNTUR – 522 004. (A.P.)

The member delegates can also handover personally the proposals to any member of Grievances Committee before the due date. Any proposal received after 10.00 AM on 14.07.2018, will not be considered.

(N.V. SATYANARAYANA) General Secretary

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ROLL OF HONOUR OF PRESIDENTS & GENERAL SECRETARIES OF THE FEDERATION

President

Sarvashri

General Secretary

Sarvashri

Period

From To

P. Veera Raghavan K. Ramakoteswara Rao 1989 1991



K. Ramakoteswara Rao K. Hari Babu 1995 1997

K. Ramakoteswara Rao K. Hari Babu 1998 2000

K. Hari Babu K. Ramakoteswara Rao 2000 2002

K. Vijaya Kumar K.V. Subbaiah 2002 2004

K. Vijaya Kumar K.V. Subbaiah 2004 2006

N. Raja Gopal Reddy K. Ramakoteswara Rao 2006 2008

N. Raja Gopal Reddy K. Ramakoteswara Rao 2008 2011

N.V. Satyanarayana V. Raghavendra Sarma 2011 2014

N.V. Satyanarayana V. Raghavendra Sarma 2014 31.5.2017

N. Pradeep Kumar N.V. Satyanarayana 4.6.2017 04.3.2018

N. Pradeep Kumar N.V. Satyanarayana 5.3.2018 Till date

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AIABOF – 12th ALL INDIA CONFERENCE

FEDERATION’S NOMINEES IN ANDHRA BANK

PF Trust : Sri N.V. Satyanarayana

Sri Yousuf Meera Khan

Pension Trust : Sri N. Pradeep Kumar

Gratuity Trust : Sri K. Srinadh

Staff Welfare Committee : Sri N. Pradeep Kumar

Sri N.V. Satyanarayana

Standing Committee on Customer Service : Sri N. Pradeep Kumar


Joint Consultative Committee : Sri V. Murali

Sri N. Pradeep Kumar


Sri T. Vijay Kumar

Sri R. Subba Rao

Sri A. Jagannath

Sri Prashanth Kumar Mishra

Sri J. Srinivas

Sri M.S. Bhaskara Rao

Sri Chinmoy Basu

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FEDERATION’S NOMINEES IN VARIOUS ORGANIZATIONS

In Board of A.B.E. Cooperative Bank Vice Chairman : Sri D. Venkateshwarlu Board of Directors : Sri P.S. Narasimha Prasad

Sri A. Madan Mohan Reddy

Sri P. Munu Swamy

Sri S.V.V. Tata Rao

Sri S. Ramesh

In AIBOC at all India level Vice President : Sri N.V. Satyanarayana

Deputy General Secretary : Sri N. Pradeep Kumar

E.C. Member : Sri D. Venkateshwarlu

In AIBOC – A.P. State Vice President : Sri N.V. Satyanarayana

Organising Secretary : Sri Sri N. Pradeep Kumar

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REPORT OF THE GENERAL SECRETARY TO

12th ALL INDIA CONFERENCE HELD ON 15th JULY, 2018 AT HYDERABAD

Comrade President and other comrades, It gives me immense pleasure to extend warm welcome to all of you who came from different parts of the country to this historic All India Conference of our All India Andhra Bank Officers’ Federation which is being held at Hyderabad. I wish that the deliberations and discussions that are going to take place will enhance the prestige and further strengthening of our organization to cater the needs and aspirations of our officers’ community in our Bank. We are meeting after nine months since our Special All India Conference was held on 17th September, 2017 at Anvitha Gardens,Karimanagar. Several developments have taken place during this period under review at International, National level and so many developments at economy, trade union movement particularly banking sector. We have faced many struggles at industrial level and at bank level during this period. Banking sector continues to face the worst phase in the history of banking industry inspite our work force putting up tremendous efforts with commitment. I wish to place all the developments in a nutshell on behalf of our Executive Committee. Our Federation is in the prime of its youth which constitutes almost 67% of the total officers. Therefore, delegates are also young with a mix of seniors with an inherited back- up of knowledge, expertise and experience. The future of organization is largely dependent on their young shoulders and we are looking forward for their active involvement and participation. Therefore, I have opted for a simple and concise edition this time focusing mainly on important developments concerning our Banking industry at Bank level as well as industry level in the contest of Indian banking.

HOMAGE Before we proceed to the details of the Report, we have a sacred duty of commemorating and paying homage to all those personalities who made our lives comfortable through their valuable contributions in their chosen fields and sacrifices to the society, but are not in our midst today. Apart from this ,I also offer my respectful reverence to - Our members who have lost their lives while serving the bank during the period under review. Our fellow countrymen who have unfortunately lost their lives to natural calamities and various accidents and mishaps in the country. Those men in uniform, the brave soldiers who sacrificed their lives protecting our country, the policemen who lost their lives in their battle with the terrorists and insurgents while safeguarding the country and its citizens.

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Today, we express our heartfelt condolences and pray for the eternal bliss of the departed souls. Despite my earnest desire, it is not possible to name all such names, we tried to cover some of them as under. TRADE UNION LEADERS FROM BANKING: S.R. Sengupta, fondly known as “Santi Da”, the Founder President of All India Bank Officers’ Confederation, Doyen of the Bank officers’ Movement breathed his last on 14.01.2018 after prolonged illness in the city of Kolkata. In his demise, we have lost a valiant leader of the Bank officers’ movement and a great supporter of the Public Sector Units in the country. We pray almighty to grant him eternal peace in the heavenly adobe and also give strength and courage to the members of his family as well as thousands and thousands of his admirers all over the country. A Legend of Bank employees movement in the country former leader of UFBU Com. Santi Ranjan Bal (BEFI) on 22-01-2018 in the early hours due to cardiac arrest at the age of 87, and One more leader and UFBU leader Com. P Lakshminarasiah (NCBE) fondly known as Com. Narsaiah reached pinnacle of Bank employees trade union movement by adoring the posts of General Secretary of National Confederation of Bank Employees, Secretary of All India State Bank of India Staff Federation and President of State Bank of India Staff Union Hyderabad Circle at the time of his retirement on superannuation in July 1999 on 09.02.2018 also had passed away recently. Com.Pradeep Dhuria, Deputy Manager of Punjab National Bank, who recently died during our two day strike at the demonstration in Punjab. EMINENT PERSONALITIES FROM OTHER FIELDS: Padma Shri Tom Alter: Veteran Bollywood, Theatre and television actor Tom Alter has died of cancer at the age of 67. He was honored with the prestigious Padma Shri Award in 2008 for his prolific contribution in the field of arts. 29.09.2017 Giacobbe "Jake" LaMotta : American professional boxer, former World Middleweight Champion, and stand-up comedian. 19.09.2017 Girija Devi: Queen of Thumri, a common genre of semi-classical Indian music. 24.10.2017 Pandit Narayanrao Bodas: Eminent exponent of Gwalior gharana of Hindustani classical music. 27.11.2017 Adarsh Sein Anand: was the 29th Chief Justice of India, serving from 10 October 1998 to 31 October 2001. (01.12.2017) Sashi Kapoor: Veteran Bollywood and Iconic star of Indian cinema. (04.12.2017) Shashi Kapoor is one of the leading actors of Indian cinema having appeared in 160 movies - 12 in English and 148 in Hindi.

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Punathil Kunjabdulla: Renowned Malayam writer and doctor by profession. Kunjabdulla also contested for assembly election from Beypore and was honoured the biggest literature award in Malayam. (27.10.2017) Shakila: Veteran Bollywood actress best known for her roles in Guru Dutt’s film and was referred as the fairy queen of Indian fantasies. Sultan Ahmed: Former Union Minister and Trinamool MP. Janusz Glowacki: Renowned Polish-US playwright and screenwriter. The author of award-wining plays “Antigone in New York” and “The Fourth Sister”. Sitaram Panchal: Acclaimed Bollywood actor, best known for his unconventional roles in films like Peepli Live, Slumdog Millionaire etc. Gyan Singh Sohanpal: Former West Bengal Minister and freedom fighter. His career spans the Bengal famine in 1960s, the Naxalite movement, the Emergency and the rise and fall of the Left government. Marian Diamond: One of the founders of modern neuroscience, mostly known for her investigations of Albert Einstein’s brain. Sreerupa Mukherjee: Former Indian women’s cricket team player and coach. And the first woman cricket selector from Bengal.(30.11.2017) Bollywood actress Sridevi Kapoor who featured in almost 300 films died from a heart attack on Saturday February 24 at the age of 54. Kanchi Jayendra Saraswathi Swamigal, the Kanchi Shankaracharya, passed away on February 28, 2018 in Kanchipuram, Tamil Nadu. He was 82. He was 69th pontiff of Kanchi Kamakoti Peetam. He will be succeeded by the junior pontiff Sri Sankara Vijayendra Saraswathi, the 70th Shankaracharya of Kamakoti Peetam traditionally referred to as Kamakshi. Stephen Wiiliam Hawking, renowned physicist and modern cosmology patron, passed away on March 14, 2018 at his home in Cambridge. He was 76. Winnie Madikizela-Mandela, - former first lady and South African anti-apartheid campaigner - has died at the age of 81.She died peacefully surrounded by her family after a long illness which had seen her go in and out of hospital on April 2. She and her former husband Nelson Mandela were both jailed and Ms Mandela spent almost three decades of their 38 years of marriages alone due to Mr Mandela’s long imprisonment. Lalji Singh FNA,Eminent scientist and ‘father of DNA fingerprinting in India’ Lalji Singh died following a heart attack on Sunday,11th December 2017 at the age of 70. Dr. Singh was one of the leaders instrumental in making DNA fingerprinting mainstream in India, both at the level of research as well as for forensic applications.

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Other officer comrades of our Bank who have left for the heavenly abode during the period.

S.NO. CODE NAME BRANCH ZONE 1 12124 Mr. P V NAGESWARA RAO 0006G-ALAMURU KAKINADA 2 13639 Mr. B ASEERVADAM 1442G-PANDARIPURAM GUNTUR 3 12630 Mr. T. VENKATACHALAPATHY 0622-VALASARAVAKKAM CHENNAI 4 16378 Mr. T BHARAT KUMAR 0975G-SERVICE CENTRE GUNTUR 5 15705 Mr. P GANESH 0700-SERVICE CENTRE-HYD HYDERABAD I 6 18546 Ms. ANTONIA LAKRA 0492-ROURKELA SAMBALPUR 7 12511 Mr. P JAYAKUMAR 0908G-P.GANNAVARAM KAKINADA 8 18600 Mr. HARA PRASAD RAY 1791-ZONAL INSPECTORATE VISAKHAPATNAM 9 30477 Mr. VIJAY KUMAR PARITALA 0115G-DHARMARAM MYDARAM KARIMNAGAR

10 22299 Mr. T MARUTHI KISHORE 2406-SME EXPRESS PUNE 11 22112 Mr. KUSURI MAHESWAR 0002G-ADONI KURNOOL 12 13769 Mr. G N MALLIKHARJUNA RAO 1155-ZILLAPARISHAD OFFICE VIJAYAWADA

Now, I request the house to please stand up and observe a minute of silence for the peace of all these departed souls mentioned above and also for those whose names could not be mentioned in this report.

INTERNATIONAL

JAPAN'S SHINZO ABE HAILS LANDSLIDE VICTORY IN SNAP ELECTION: In a snap election on October 22, 2017, Abe’s LDP won 284 out of 465 seats in Japan’s House of Representatives, the lower house of the country’s bicameral parliament known as the National Diet. That showing, along with the performance of its coalition partner Komeito, allowed Abe to retain his position as prime minister. The snap election also took place amid discord in the Japanese opposition, where parties splintered late this summer. 14th INDIA – EU SUMMIT:

The 14th India-EU Summit was held on the 6th October which reflected growing convergence between the two on regional and international issues. This year India and European Union are celebrating 55 years of diplomatic relations. European Union comprising 28 countries is India’s largest trade partner accounting for more than 100 billion Euros in a balanced trade relation. India receives about 24% of FDI from EU. The EU’s voice in International Community is on the rise. It has played a significant role in talks with Iran and in West Asia. Its members usually coordinate their position in accordance with the approach of EU. ROHINGYA CRISIS:

Rohingya Muslims represent the largest percentage of Muslims in Myanmar, with the majority living in Rakhine state. They have their own language and culture and claim that they are descendants of Arab traders and other groups who have been in the region for generations. But the government of Myanmar, a predominantly Buddhist country, denies the Rohingya citizenship and even excluded them from the 2014 census, refusing to recognise them as a people. It sees them as illegal immigrants from Bangladesh.

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The latest exodus began on 25th August 2017 after Rohingya Arsa militants attacked more than 30 police posts. They fled after troops, backed by local Buddhist mobs, responded by burning their villages and attacking and killing civilians. The Myanmar military has killed hundreds of Rohingya and raped and abused Rohingya women and girls. The government claimed that "clearance operations" against the militants ended on 5th September but there were reports which showed that the killing of Rohingya went on even beyond the said date. SRI LANKA LIFTS NATIONWIDE STATE OF EMERGENCY: Sri Lankan President Maithripala Sirisena on Sunday 18th March, lifted the island-wide State of Emergency for 10 days that he imposed on March 6 to contain spiralling anti-Muslim violence in the central highlands. Sri Lanka is celebrating its 70 years of Independence. INTERNATIONAL WOMEN’S DAY: International Women’s Day first emerged from the activities of labour movements at the turn of the twentieth century in North America and across Europe. The growing international women’s movement, which has been strengthened by four global United Nations women’s conferences, has helped make the commemoration a rallying point to build support for women’s rights and participation in the political and economic arenas. The First National Woman's Day was observed in the United States on 28 February. The Socialist Party of America designated this day in honour of the 1908 garment workers' strike in New York, where women protested against working conditions.

International Women’s Day is annually held on March 8 to celebrate women’s achievements throughout history and across nations. It is also known as the United Nations (UN) Day for Women’s Rights and International Peace. CHINA MOVES TO LET XI STAY IN POWER BY ABOLISHING TERM LIMIT: China’s Communist Party has cleared the way for President Xi Jinping to stay in power indefinitely, by announcing Sunday that it intends to abolish term limits on the presidency, a momentous break with decades-old rules meant to prevent the country from returning to the days when Mao was shown cultish obedience. IRAN’S CHABAHAR PORT PROJECT:

India, Iran and Afghanistan signed a trilateral agreement in 2016 to jointly develop the Chabahar port, opening a new strategic transit route between the three nations and other Central Asian nations, bypassing Pakistan. In November 2017, India delivered the first consignment of wheat to Afghanistan through the Chabahar Port. Iranian Foreign Minister Javad Zarif has invited Pakistan to participate in the Chabahar Port project that connects India to Afghanistan, Central Asia and Eastern Europe. INDO – CHINA ISSUE WITH BRAHMAPUTRA: China’s plan of northward rerouting of the Brahmaputra waters (known as Yarlung Tsangpo in Tibet) from the Tibetan borders through constructions of dams has emerged as a prime point

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of contention with China-India strategic relations. Brahma Chellaney, one of the foremost strategic thinkers of India, described the Chinese design of taking control over Brahmaputra water as “most dangerous”. The fear of drying up of the Brahmaputra has become widespread in Indian public psyche, especially in the state of Assam. The growing water demand in Tibet and the option available in principle to China of building water storage and transfer projects on the Yarlung have given birth to such fears in India. The apprehension is this can affect Bangladesh further downstream. The concern has aggravated with the news of Chinese plans to build a 1,000-km-long tunnel to divert water from the Brahmaputra River in Tibet to the parched Xinjiang region. It has been reported in sections of the media that the perceived Chinese threats to divert the river’s water prompted the Government of India to call an inter-ministerial meeting recently to discuss proposed projects on Brahmaputra. ISRAEL’S CAPITAL: President Donald Trump stated that US would recognize Jerusalem as Israel's capital despite intense Arab, Muslim and European opposition to a move that would upend decades of U.S. policy and risk potentially violent protests. As reported, Trump has instructed the State Department to begin the multi-year process of moving the American embassy from Tel Aviv to the holy city. ROBERT MUGABE PRESIDENT: Robert Mugabe resigned as Zimbabwe's President, shortly after Parliament began an impeachment process to end his nearly four decades of rule, declaring “I Robert Gabriel Mugabe in terms of section 96 of the constitution of Zimbabwe hereby formally tender my resignation... with immediate effect”. The 93-year old clung on for a week after an Army takeover and expulsion from his own ruling ZANU-PF party, which also told him to leave power. Wild celebrations broke out at a joint sitting of parliament when Speaker Jacob Mudenda announced Mr. Mugabe’s resignation and suspended the impeachment procedure. The origin of Mr. Mugabe’s sudden downfall lies in rivalry between members of Zimbabwe’s ruling elite over who would succeed him, rather than popular protests against his rule. POWERFUL IRAN-IRAQ EARTH QUAKE IS THE DEADLOIEST OF 2017: At least 452 people were killed and thousands injured after a powerful earthquake struck near the border of Iran and Iraq on 13th November 2017. The earthquake is the deadliest of the year, eclipsing the one that hit Mexico City in September, and was felt as far away as Turkey and Pakistan. Around 100 of the dead are believed to be from one town in Iran's Kermanshah province. UNITED STATES OF AMERICA: President Donald Trump announced on October 12ththat he is formally “decertifying” the nuclear deal with Iran under US law. This is not the same thing as quitting the deal. The immediate practical effect is to set up special legislative rules that allow Congress to quickly reimpose sanctions on Iran.Iran agrees to strict limits on its nuclear program, and in exchange, the other five countries relax sanctions imposed on Iran as punishment for its nuclear activities.

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US TELLS INDIA, CHINA TO END OIL IMPORTS FROM IRAN BY NOVEMBER 4: Now,The United States has told India and other countries to cut oil imports from Iran to “zero” by November 4 or face sanctions, making it clear that there would be no waivers to anyone. Iran is India’s third-largest oil supplier behind Iraq and Saudi Arabia. Iran supplied 18.4 million tonnes of crude oil during April 2017 and January 2018 (first 10 months of 2017-18 fiscal). At the time, the Trump administration gave foreign companies either 90 or 180 days to wind down their business with Iranian counterparts, depending on the type of commercial activity. UPPING PRESSURE: Now, Washington is stepping up pressure on all countries, including India and China, to completely stop buying oil from Iran. “We will certainly be requesting that their oil imports go to zero,” the State Department official said on condition of anonymity. “We view this as one of our top national-security priorities,” the official said. SAUDI ARABIA : SAUDI ARABIA SAYS 200 DETAINED IN ANTI CORRUPTION CRACKDOWN: More than 200 people including 11 princes have been summoned for questioning, and most are still detained, in a wide-ranging crackdown that Saudi Arabia says is aimed at rooting out corruption and reclaiming embezzled funds, the government said on 9th Nov,2017. The government has portrayed the arrests as a crackdown on corruption, but critics see the detentions as an effort by the Saudi crown prince, Mohammed bin Salman, to neutralize any remaining power centers in the kingdom that could challenge his rule. HISTORIC TRUMP-KIM SUMMIT IN SINGAPORE: President Trump has agreed to meet with North Korean leader Kim Jong Un for talks by the end of May, an extraordinary development following months of heightened nuclear tension during which the two leaders exchanged frequent military threats and insults. In a historic event on June 12, U.S. President Donald Trump has met North Korea’s Supreme Leader Kim Jong-un in Singapore. The two met at Sentosa, a resort island off Singapore’s port with a Universal Studios theme park and man-made beaches. Enemies since the 1950-53 Korean War, leaders of North Korea and the United States have never met previously — or even spoken on the telephone. PUTIN-TRUMP SUMMIT IN HELSINKI ON JULY 16: U.S. President Donald Trump and Russian President Vladimir Putin will hold their first summit on July 16 in Helsinki, a renowned venue for Cold War diplomacy, with nervous U.S. allies in Europe and Russia sceptics looking on.

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The Kremlin and the White House simultaneously announced the place and date of the summit a day after striking a deal on holding the meeting following a visit to Moscow on Wednesday by U.S. National Security Adviser John Bolton. “The two leaders will discuss relations between the United States and Russia and a range of national security issues,” the White House said in a statement similar to one released by the Kremlin. TRUMP LAUNCHES TRADE WAR: President Donald Trump has started a trade war with the world. While many economists have been focusing on the escalating threats between the U.S. and China, as both countries on more and more products, the European Union has been quietly retaliating against U.S. tariffs. Similarly, China and India too have retaliated by imposing tariffs on imports from the US. Trump responded to the news about the new tariffs the way he usually responds to world events, with a Tweet. SEYCHELLES PRESIDENT SAYS, ‘NAVAL BASE DEAL WITH INDIA SCRAPPED’: Seychelles President Danny Faure has claimed that India’s offer of funding a naval base in Assumption Islands will not move forward. India, however, is yet to officially confirm or deny the development. The scrapping of the deal will be a huge setback for India. The base on Assumption Island was to be funded by India and shared by the two countries' militaries. The deal has been in choppy waters ever since it was struck. The opposition in Seychelles had already said it was not going to back the deal and Faure too decided not to table the agreement in Parliament due to the staunch opposition to the agreement. Earlier in March, classified information from the agreement was leaked. 2,000 INDIANS DENIED WORK VISA BY MALDIVES: It has now come to light that over 2000 workers have either lost their jobs in the Maldives or were denied employment visas to work there in the last few months. Just a few days ago, Male had asked the Indian authorities to take back two helicopters, which were gifted by India to the Maldivian government, by June end. The Maldives government has also reportedly instructed its Immigration Department to put on hold fresh work permits for Indians. MAHATHIR MOHAMAD, 92, SWORN IN AS WORLD'S OLDEST ELECTED LEADER: Mahathir Mohamad was sworn in as the world's oldest Prime Minister on 10th May 2018, making an extraordinary political comeback as Malaysia's leader at the age of 92. Supporters waved flags and cheered outside the Istana Negara palace in the capital, Kuala Lumpur, as Dr Mahathir, who previously served as Prime Minister for 22 years, took the oath once again. 48th WORLD ECONOMIC FORUM ANNUAL MEETING: The 48th Annual Meeting of the World Economic Forum (WEF) began on January 23, 2018 in Davos, Switzerland with the theme 'Creating a Shared Future in a Fractured World'. WEF Founder and Executive Chairman Klaus Schwab declared the summit open amid the ski-resort

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receiving record snowfall. Schwab welcomed members from business, politics, academia and media as well as the first timers with a round of applause. The summit witnessed participation from over 3,000 world leaders, business patrons, academicians, philanthropists and politicians from across the world. Pope Francis sent a special message on the occasion, calling upon all the participants to overcome fragmentation between states and institutions and work together to facilitate more inclusive approaches in an increasingly globalised world. NASA’s NEW MARS LANDER SET TO LAUNCH: The National Aeronautics and Space Administration (Nasa) is launching a new spacecraft to Mars, that will study the deep interior of the red planet to learn how all rocky planets and their moons are formed. This is the first time that a space mission will be launched from America’s West Coast, Nasa said. Most of US’ interplanetary missions take off from the Kennedy Space Center (KSC) in Florida, located on the East Coast of the country. On 5 May, the historic first interplanetary launch from the Vandenberg Air Force Base in California will take place.Insight Lander will study the deep interior of Mars to learn how all rocky planets formed, including Earth and its Moon. Its instruments include a seismometer to detect mars quakes and a probe that will monitor the flow of heat in the planet’s subsurface. PAKISTAN PLACED ON FATF’S ‘GREY LIST’ Pakistan has been placed on the grey list by the Financial Action Task Force (FATF) for failing to curb anti-terror financing despite its diplomatic efforts to avert the decision, an official said on Thursday. The decision was taken late last night at the global financial watchdog Financial Action Task Force’s (FATF) planery session in Paris where Finance Minister Shamshad Akhtar represented Pakistan, according to official sources. The annnoncement comes a day after Pakistan submitted a comprehensive 26-point action plan to the FATF to choke the funding of militants groups, including Mumbai attack mastermind Hafiz Saeed-led JuD and its affiliates, to avoid being blacklisted by it. The placement on to grey list could hurt Pakistan’s economy as well as its international standing.

THE NATIONAL SCENARIO

FORMER UNION HOME SECRETARY, RAJIV MEHRISHI TAKEN OVER AS CAG:

A 1978 batch retired IAS officer of Rajasthan cadre, Rajiv Mehrishi has taken over as Comptroller and Auditor General (CAG) of India. He has succeeded Shashi Kant Sharma, who retired on 25th September 2017. Rajiv Mehrishi would have a tenure of about three years. GOVERNMENT TO INITIATE THE INTERLINKING OF RIVERS:

The Ministry of water resources is planning to start work on three river interlinking projects within the next few months. These include the Ken-Betwa Linking Project, Damanganga- Pinjal Link Project and the Par-Tapi-Narmada Link projects.

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DIPAK MISRA SWORN IN AS THE 45TH CHIEF JUSTICE OF INDIA: Justice Dipak Misra was administered the oath of office by the President Ramnath Kovind. Justice Misra was part of the bench which rejected Yakub Menon's appeal against execution. The 45th Chief Justice of India would have tenure of fourteen months i.e. till October 2nd, 2018. Justice Misra will be part of the benches dealing with crucial issues like – the Ayodhya title case, the Cauvery water dispute, the Panama Paper leaks, privacy policy, SEBI-Sahara payment row and the BCCI reforms. RAM RAHIM'S CONVICTION:

31 people were killed and 250 injured in mayhem caused by Dera followers in the wake of Ram Rahim’s conviction. The streets of Haryana and Punjab witnessed chaos which soon spread to other cities after Dera Sacha Sauda chief Ram Rahim was convicted by a CBI court in Panchkula for rape. Soon after the conviction, Dera supporters began vandalizing the street of Panchkula and Sirsa, and soon carried out rampage in states of Punjab, Rajasthan and the capital city of India, New Delhi. At least 31 people have lost their lives and 250 people were injured in this mayhem. Two railway stations were set on fire in Punjab by Dera supporters. Several petrol stations along with OB vans of news channels were set ablaze. Innumerable journalists were targeted by supporters of Dera Sacha Sauda. Two buses were torched in Delhi. Two empty rakes of Rewa Express at Anand Vihar Terminal railway station were set on fire in Delhi. Section 144 of Cr Pc had been enforced in Ghaziabad, Noida and in 11 districts of New Delhi. Mobile Internet had been suspended for three days in Punjab and Haryana. Hundreds of trains were cancelled.

BHARATIYA MAZDOOR SANGH HOLDS MASSIVE RALLY AGAINST THE 'ANTI-LABOUR POLICIES OF THE CENTRE:

Following the UFBU march to Parliament on 15th Sept, 2017 with thousands of UFBU comrades against Privatisation and Banking Reforms, the Bharatiya Mazdoor Sangh (BMS), backed by the RSS, held a massive rally in Delhi on 17.11.2017 against the “anti-labour policies of BJP-led government". Some of the main demands of the workers were abolishment of contract labour system, equal work for equal pay, increasing the working days from 100 to 200 a year under the MNREGS scheme, ensuring social security of all labourers and rectification of anomalies in the seventh pay commission recommendation by fixing a minimum salary of Rs 24,000 for a worker and rehabilitation of workers and reimbursement for GST-affected unorganized sector.

CENTRE INDEFINITELY EXTENDS DEADLINE FOR AADHAAR-BANK ACCOUNT LINKAGE: The government has indefinitely extended the deadline to March, 2018 for mandatory linking of Aadhaar with bank accounts under the Prevention of Money Laundering Act (PMLA) on 13th December 2017.

DELHI RESIDENTS PANIC AS 'DEADLY SMOG' RETURNS:

Panic has gripped the Indian capital, as residents woke up to a blanket of thick grey smog. Visibility is poor as pollution levels reached 30 times the World Health Organization's recommended limit in some areas. The Indian Medical Association (IMA) declared "a state of medical emergency" and urged the government to "make every possible effort to curb this menace".

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JAY SHAH ROW:

On 8th October 2017, news house, The Wire published a piece alleging an exponential “16,000 times” growth of a company, Temple Enterprise, co-owned by Jay Shah, son of BJP National President Amit Shah, “after” Narendra Modi became the Prime Minister of India. The news titled “The Golden Touch of Jay Amitbhai Shah”, the story by former Economic Times journalist Rohini Singh alleged that the “revenue from the company owned by Amit Shah’s son jumped from just Rs.50,000 to over Rs.80,00,00,000 in a single year”. ELECTIONS TO GUJARAT AND HIMACHAL PRADESH: Last National elections for the year 2017 are out and has left both BJP and Congress to introspect and redesign their strategies for 2019 Parliament elections. It is 2-0 to the BJP, which has swept Himachal Pradesh and has also won Gujarat again, though by a decidedly lower margin of victory than last time. The BJP's 99 seats in Gujarat are 16 less than it had won last time, while the Congress has won 77, 16 more than in 2012. The BJP has 49.1 per cent vote share (47.85 per cent in 2012) and the Congress 41.4 per cent (38.93 per cent in 2012).BJP has elected Mr.Vijay Rupani as the new Chief Minister of Gujarat. The BJP has won 44 of Himachal Pradesh's 68 seats and the Congress has won 21. The BJP's has elected Mr.Jairam Thakur as their new Chief Minister. PRAPANCHA TELUGU MAHASABHALU 2017: Prapancha Telugu Mahasabhalu 2017 in English called as World Telugu conference. The Telangana State government organized five-day ‘World Telugu Conference’ from December 15th to 19th in the Hyderabad City. It was Inaugurated by Shri M. Venkaiah Naidu, Vice President of India and Shri Ram Nath Kovind, President of India has attended the closing ceremony.

AP FIBRE GRID PROJECT: President Ram Nath Kovind inaugurated the Andhra Pradesh Fibre Grid project, on 27.12.2017 aimed at providing high-speed internet service to every household in the state at a nominal rate. The project also aims to ensure every household has access to cable television and telephone connection. LOKSABHA PASSES TRIPPLE TALAQ BILL: In a historic but politically contentious move, the Modi government used its big majority in the Lok Sabha to pass a bill criminalising triple talaqamong Muslims even as sections of the opposition demanded changes in the proposed law and a small minority rejected the legislation. Though no opposition party demanded a vote in the Lok Sabha due to NDA numbers as well as reluctance to openly oppose the proposed law, the government is bracing for a tougher numbers game in the Rajya Sabha where it lacks a majority and the opposition could insist on vetting by a parliamentary panel. 24X7 UN-INTERRUPTED POWER SUPPLY IN TELANGANA STATE:

Round-the-clock power supply to the agriculture sector commenced at 12.01 am on 01.01.2018 across the state. Telangana was the only state in the country which was providing free power to farmers round-the-clock for agricultural purposes, the state government claimed.

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AYODHYA LAND DISPUTE: SC TO COMMENCE HEARING BATCH OF PETITIONS IN RAM MANDIR-BABRI MASJID ON14.03.2018: The Supreme Court will continue hearing the Ram Mandir-Babri Masjid land dispute case. The apex court was to start "final hearings" on 13 petitions filed over the disputed 2.7 acre land in Ayodhya, that has been the bone of contention between the Hindu and Muslim communities, on 9 February. However, the date was postponed as some documents and translations were not filed before the apex court. The petitions before the judges have been pending for nearly six decades. The Supreme Court dismissed as many as 32 intervention applications in the Ram Janmabhoomi-Babri Masjid land dispute, including those brought by filmmakers Aparna Sen, Shyam Benegal, BJP politician Subramanian Swamy, and rights activist Teesta Setalvad. A three-judge bench headed by chief justice Dipak Misra said that on the next date of hearing - 23 March - it would consider whether the law laid down in a 1994 judgment needed to be revisited by a Constitution bench. ANDHRA PRADESH:

Shri N Chandrababu Naidu, the Chief Minister of Andhra Pradesh, has withdrawn two of his ministers from the Central government. This development comes after Naidu was unsuccessful in securing special category status for the state of Andhra Pradesh. Since TDP's demand for special category status is not met, TDP has pulled out of the ruling NDA coalition. TELANGANA ASSEMBLY:

Two Congress legislators were disqualified from Telangana Assembly and all other party legislators in both Houses of the state legislature suspended on 13th March 2018, a day after Congress MLA Komatireddy Venkat Reddy hurled headphones at the podium during the Governor’s address. Assembly Speaker Madhusudhana Chary on 13.3.2018 disqualified Komatireddy and Sampat Kumar Reddy from the Assembly for “unruly” conduct, and suspended nine other Congress MLAs for the budget session. In the Legislative Council, too, six Congress members were suspended for the budget session. TRIPURA ELECTION RESULTS 2018:

The BJP and its alliance partner Indigenous People’s Front of Tripura (IPFT) ended the Left Front’s 25-year-rule in Tripura with a strong showing in the Assembly polls, while Meghalaya elected a hung assembly. It is a huge turnaround for BJP. The BJP and IPFT together bagged 43 seats. The elections in 59 seats in the 60-member Assembly were held on February 18. The BJP chose Biplab Kumar Deb to be the next Chief Minister. MEGHALAYA ELECTION RESULTS 2018:

Meghalaya is set to get a non-Congress government with National People's Party (NPP) chief Conrad Sangma meeting Governor Ganga Prasad in Shillong to stake his claim. Mr.Conrad Sangma met the Governor in Raj Bhavan in Shillong and submitted a letter of support from 34 MLAs: 19 of the NPP, six of the United Democratic Party (UDP), four of the People's Democratic Front (PDF), two each of the Hill State People's Democratic Party (HSPDP) and the BJP and an Independent,"

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UTTAR PRADESH BY-ELECTION RESULTS 2018:

In big Upset for BJP, Samajwadi Party Wins Both Gorakhpur and Phulpur Lok Sabha Seats.

BIHAR BY-ELECTION RESULT 2018:

Despite the absence of its jailed leader Lalu Prasad Yadav from the campaigning in Bihar by-polls, RJD bagged the Araria Lok Sabha seat. The party also retained the Jehanabad Assembly seat, while the Bharatiya Janata Party (BJP) won the Bhabhua Assembly constituency in the by-polls. BY-ELECTION RESULTS RAJASTHAN & WEST BENGAL:

Congress has won the Mandalgarh and Alwar Assembly by-election in Rajasthan and is leading in the Parliamentary seat of Ajmer. This is turning out to be a massive blow to the Vasundhara Raje-led BJP government in Rajasthan that is headed for Assembly elections in a few months. Meanwhile in Bengal, the Trinamool Congress won in both the Noapara assembly seat and Uluberia Parliamentary seats. OFFICE OF PROFIT - EC WANTS 20 AAP MLAs DISQUALIFIED:

The Election Commission of India has submitted before the Delhi High Court that the petition of AAP MLAs against their disqualification in an office-of-profit case is liable to be dismissed as not maintainable since they challenge the ECI recommendation which is non-existent once the President has taken a decision on it. In an affidavit filed before the Court, Vijay Kumar Pandey, Director (Law) ECI, said the petitioners have not challenged the Presidential Order dated January 20, 2018, by which the ECI’s recommendation was accepted by the President. FARM WAIVERS BY BANKS:

The government is not in favour of farm loan waiver as it negatively impacts credit and recovery climate, Parliament was informed. However, several measures have been initiated to reduce the debt burden on farmers and increase availability of institutional credit, Minister of State for Agriculture Gajendra Singh Shekhawat said in a written reply to the Lok Sabha. MAHARASHTRA, FARMERS MARCH TOWARDS DELHI, DEMAND LOAN WAIVER:

The gruelling 200-km, six-day 'Long Kisan March' by over 35,000 farmers finally ended on a positive note, with the Maharashtra government agreeing to most of the farmers' demands on 12-03-2018. These include the right to forest land and waiver of loans. The decision was announced at a rally addressed by state ministers along with farmer leaders at Mumbai's Azad Maidan, where the peasants arrived at dawn. Later, the All India Kisan Sabha (AIKS) leaders announced that the agitation was withdrawn. SC CURTAILS TAMIL NADU's SHARE OF CAUVERY WATERS:

The Supreme Court on 16th February 2018 gifted Karnataka 14.75 tmc (thousand million cubic feet) of Cauvery water from Tamil Nadu’s share.

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A three-judge Bench, led by Chief Justice of India Dipak Misra, said there is “confirmatory empirical data” that Tamil Nadu has 20 tmc groundwater available with it. The court asked Tamil Nadu to draw out at least 10 tmc groundwater instead of banking on Cauvery water from Karnataka. The remaining 4.75 tmc of the 14.75 tmc would be diverted to the people of Bengaluru for their domestic and drinking purposes. COAL MINING IN INDIA: Opening up commercial coal mining for Indian and foreign companies in the private sector, the Cabinet Committee on Economic Affairs on February 20 approved the methodology for auction of coal mines/blocks for sale of the commodity. The government described the move as the most ambitious reform of the sector since its nationalisation in 1973. Coal accounts for around 70% of the country’s power generation, and the move for energy security through assured coal supply is expected to garner attention from majors including Rio Tinto, BHP, Vedanta, Anglo American, Glencore and Adani Group. FOUR SC JUDGES AIR DIFFERENCES WITH CJI MISRA: In an unprecedented act, four senior judges of the Supreme Court on Friday, 12th January, 2018 held a press conference and publicly accused Chief Justice of India Dipak Misra of selectively assigning cases to judges of his choice without any rational basis. Transcending judicial protocol that sitting judges should not interact with the media, Justices Jasti Chelameswar, Ranjan Gogoi, Madan B. Lokur and Kurian Joseph — the senior-most judges after the CJI — accused Justice Misra of assigning cases of “far-reaching consequences to the nation” to junior hand-picked judges against the time-tested convention, practice and tradition of the court. In a first, Collegium recommends woman advocate for direct appointment as SC judge: In a historic decision, the Supreme Court Collegium led by Chief Justice of India Dipak Misra unanimously recommended the name of senior advocate Indu Malhotra for appointment as a judge of the Supreme Court. If appointed, Ms. Malhotra would be only the seventh woman judge in the Supreme Court's 68-year-old history. PLAYING OF NATIONAL ANTHEM IN CINEMA HALLS MADE OPTIONAL:

The Supreme Court on Tuesday modified its November 30, 2016 interim order and made it optional for cinema halls to play the 52-second national anthem before every show. A Bench, led by Chief Justice of India Dipak Misra, clarified that it is not mandatory to play the anthem before screenings. The court left the choice of whether to play the anthem or not to the discretion of individual cinema hall owners. However, if the anthem was played, patrons were bound to stand up in respect. The court clarified that the exception granted to the disabled persons “shall remain in force on all occasions.”

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LALU GETS JAIL TERM OF 3.5 YEARS:

Rashtriya Janata Dal chief Lalu Prasad was awarded three and a half years in jail in the fodder scam case RC 64 (A)/96 by the Special CBI Court in Ranchi. The court also imposed a fine of Rs.5 lakh under the IPC and the PCA. Judge Shiv Pal Singh of the Special CBI Court awarded sentences ranging from three and a half to seven years and fines ranging from Rs.5 lakhs to Rs.10 lakhs to Mr. Prasad and 15 others, convicted in the case relating to the fraudulent withdrawals of Rs. 84.5 lakh from the Deoghar (now in Jharkhand) district treasury during 1991-94.

FUGITIVE ECONOMIC OFFENDERS BILL 2018:

The Union Cabinet on 1st March 2018 approved the Fugitive Economic Offenders Bill that seeks to confiscate and sell all assets of absconding economic offenders. Once it is voted into law, the proposed legislation will empower investigating agencies to confiscate, and vest with themselves, any property of the absconding offenders without encumbrances, and will apply to cases where proceeds of the crime are above Rs 100 crore. TELANGANA CM KCR LAUNCHES RYTHU BANDHU SCHEME: In a unique initiative, Telangana Chief Minister Shri K Chandrasekhar Rao launches the Rythu Bandhu scheme in Karimnagar on 10th May 2018, which will ensure that a large majority of farmers in the state will get Rs 8,000 per acre per year for two crops. This comes after the state government said that it decided to distribute 57.33 lakh passbooks to farmers all over the state after the Revenue Department conducted a massive survey. The printing of security feature oriented pattadar passbooks is completed and were distributed to the farmers. DIPAK MISRA IMPEACHMENT: JUDICIARY COMES UNDER A POLITICAL CLOUD: The motion by 64 Rajya Sabha MPs to impeach the Chief Justice of India Dipak Misra was dismissed by Vice-President Venkaiah Naidu, who is also the chairman of the upper house of parliament. Naidu pointed out that he relied on the material in the Notice of Motion and discussions with legal luminaries to come to the conclusion. KARNATAKA ASSEMBLY ELECTIONS 2018: The election led to a hung assembly, with the BJP emerging as the largest party, with 104 seats, but failing to win a majority.Congress has given unconditional support to JDS and Mr.H.D.Kumara Swamy is sworn in as Chief Minister after Y. Yeddyurappa of BJP failed to garner support. Indian National Congress:79; JDS-37,independent-1, BSP:1. Keeps poll promise in his first budget: Chief Minister Shri H.D. Kumaraswamy honoured his party’s poll promise by announcing waiver of crop loans of Rs.34,000 crore in the coalition government’s maiden budget presented on 6.7.2018. To fund the waiver scheme, people would need to brace themselves to pay more for petrol, diesel, electricity, liquor, and motor vehicles.

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GOVERNOR’S RULE IMPOSED ON JAMMU & KASHMIR: J&K Governor Vohra forwarded his report to the President of India for imposition of Governor’s rule under Section 92 of the Constitution of Jammu and Kashmir, after BJP withdrew support to PDP."After concluding consultations with all the major political parties in J&K, Governor Vohra has forwarded his report to the President of India for imposition of Governor’s Rule under Section 92 of the Constitution of Jammu and Kashmir," PATANJALI TIES UP WITH BSNL, LAUNCHES SIM CARDS: After becoming India's most trusted Fast Moving Consumer Goods brand, Yoga guru on 28th May entered the telecom sector. At an event, Baba Ramdev launched Swadeshi Samriddhi in alliance with BSNL. Initially, only the employees and office bearers of Patanjali will be able to avail the benefits of the SIM card. The company made many luring offers after its full- fledged launch that will take place later. GOVERNMENT OPENING LATERAL ENTRY INTO INDIA'S CIVIL SERVICES: The Union government has announced a scheme for lateral entry of professionals from the public as well as the private sector with at least 15 years of experience and above the age of 40 years for appointment as joint secretaries in different departments. The move has been touted by many as an unprecedented step. The Opposition parties have alleged that the government might be doing so to get people close to the BJP and RSS to top positions to influence important decisions. FARMERS ON 10-DAY NATIONWIDE STRIKE: Farmers from across the country were on a ten-day strike starting from 1st June till 10th of June 2018. Coming under the banner of Rashtriya Kisan Maha Sangh, they were demanding minimum income guarantee scheme, implementation of Swaminathan Commission report and waiver of loans. The strike shut down the supply of milk and vegetables to cities. Farmers of Punjab, Haryana, Madhya Pradesh, Rajasthan, and Gujarat reportedly took part in the nationwide strike. In the wake of farmers’ protest, local administration of Mandsaur, Madhya Pradesh, has made elaborate security arrangements so that no untoward incident takes place. Protesting farmers dumped vegetables, milk and other farm produce on roads and blocked supplies to cities in several states. Farmer organisations also called for boycott of mandis or wholesale markets in Punjab, Haryana, Uttar Pradesh and Madhya Pradesh, leading to fears of shortage and price rise. On the last day of the protest on June 10, the farmers' bodies announced 'to mark the end of their 10-day agitation that started on June 1 even as sporadic protests continued in UP, Madhya Pradesh, Rajasthan, Gujarat, and Maharashtra.

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WORLD BANK REPORT PROJECTS 7.3% GROWTH FOR INDIA IN 2018: The 2018 Global Economics Prospect (GEP) released by the World Bank has projected India’s growth rate to 7.3% in 2018 and 7.5 for the next two years i.e. 2019 and 2020. According to report, India, despite initial setbacks from demonetisation and Goods and Services Tax (GST), is estimated to have grown at 6.7% in 2017, higher than 6.5% estimated by Government. India has enormous growth potential compared to other emerging economies with implementation of comprehensive reforms. In all likelihood, India is going to register higher growth rate than other major emerging market economies in next decade. INDIA TO BECOME FIFTH LARGEST ECONOMY IN 2018: According to recently released report titled 2018 World Economic League Table, India is set to overtake the United Kingdom and France to become the world’s fifth largest economy in 2018. The report was released by Centre for Economics and Business Research, an economics consultancy based in Britain. India currently ranked seventh will overtake UK and France to become the world’s fifth largest economy in 2018 in US dollar terms and further move to third spot by 2032. Indian economy had hit three-year low in the first quarter of the current financial year 2017 due to demonetisation i.e. scraping high-value banknotes and implementation of Goods and Services Tax (GST). The growth had slumped to 5.7% for quarter ending June 2016 but had recovered slightly to 6.3% for quarter ending September 2017. Despite temporary setbacks, India’s economy still caught up with that of France and UK and in 2018 will overtake them. DOCTORS DAY 2018: INDIA'S TOP 25 MEDICAL COLLEGES: India celebrates the National Doctors' Day on July 1 to honour the legendary physician, freedom fighter and the second Chief Minister of West Bengal, Dr. Bidhan Chandra Roy. July 1, marks the birth anniversary and death anniversary of Dr. Roy (1882-1962). Dr. Roy was a physician, political leader, philanthropist, educationist and social worker and he also was one of the longest serving Chief Ministers. The celebration of the Doctors' Day in his memory is an attempt to emphasise on the value of doctors in our lives and to offer them our respects. Dr. Roy was awarded Bharat Ratna, India's highest civilian honour, in February 1961. Dr. Roy was instrumental in the formation of Indian Medical Association in 1928 and also in the establishment of Medical Council of India (MCI). MCI has constituted the Bidhan Chandra Roy Award in 1976 in the memory of Dr. Roy. L-G bound by ‘aid and advice’ of Delhi govt., says Constitution Bench A five-judge Constitution Bench of the Supreme Court unanimously held on Wednesday that Lieutenant-Governor Anil Baijal is bound by the “aid and advice” of the Arvind Kejriwal government. In case of difference of opinion, the L-G should straightaway refer the dispute to the President for a final decision without sitting over it or stultifying the governance in the National Capital, the Bench said. It concluded that the governance of Delhi cannot rest upon the whims of one functionary — the Lieutenant-Governor.

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“The Lieutenant-Governor has not been entrusted with any independent decision-making power. He has to either act on the ‘aid and advice’ of the Council of Ministers or he is bound to implement the decision taken by the President on a reference being made by him,” Chief Justice of India Dipak Misra held in his opinion, shared by Justices A.K. Sikri and A.M. Khanwilkar. Union Cabinet approves steep hike in kharif MSPs In keeping with the promise made in this year’s Budget speech, the Union Cabinet has approved a hike in minimum support prices (MSPs) for kharif crops 2018-19 season so that they are 50% higher than the cost of production, not including land costs.This is seen as a bid to contain the farm sector distress. The decision will imply a dent of Rs 150 billion to the exchequer immediately, according to officials. Even at a conservative estimate and the final figure could be more than double at around Rs 350 billion once the purchase price of oilseeds and pulses was taken into account.

NATION’S PRIDE & ACHIEVEMENTS PSLV SUCCESSFULLY LAUNCHES 31 SATELLITES IN A SINGLE FLIGHT: ISRO’s Polar Satellite Launch Vehicle, in its forty second flight, successfully launched the 710 kg Cartosat-2 Series Remote Sensing Satellite along with 30 co-passenger satellites today (January 12, 2018) from Satish Dhawan Space Centre SHAR, Sriharikota. This flight is designated as PSLV-C40. So far, PSLV has successfully launched 51 Indian satellites and 237 customer satellites from abroad. ISRO TO TEST ITS ASTRONAUT ESCAPE FEATURE ON 6TH JULY 2018: Indian Space Research Organisation (ISRO) has scheduled a ‘pad abort test’ of an experimental space crew capsule on Thursday morning as an important cog of its plan to send Indians to space one day. The launch pad abort test, or PAT, involves aborting a space capsule at launch to save the inmates. It is slated for 7 a.m. at ISRO’s Sriharikota launch venue, the Satish Dhawan Space Centre (SDSC), in coastal A.P. 70th ARMY DAY: A LOOK AT THE GALLANTRY AWARDS OF INDIAN ARMY: On Indian Army Day today, President Ram Nath Kovind and Prime Minister Narendra Modi greeted the officers and troops of the Indian Army. Every citizen of the country has "unwavering trust and pride" in the Indian Army, the Prime Minister said. Gallantry awards of the Indian Army are classified into two categories: gallantry in the face of enemy and gallantry other than in the face of enemy. The medals awarded by the President of India for gallantry displayed at the battlefield are: 1. Param Vir Chakra (PVC) 2. Mahavir Chakra (MVC) 3. Vir Chakra 4. Sena Medal, Nao Sena Medal, Vayu Sena Medal 5. Mention in Dispatches 6. Chiefs of Staff Commendation Card

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The Param Vir Chakra is the highest military award. Subedar Major Bana Singh, Naib Subedar Sanjay Kumar and Subedar Yogendra Singh Yadav are the only living recipients of the Pram Vir Chakra award. So far, the Mahavir Chakra has been awarded to 218 martyrs for their selfless courage in the battlefield. Most Mahavir Chakra medals were awarded after Indo-Pakistani War of 1971. Vir Chakra is third in precedence and was first awarded in 1947 to Nadikerianda Bheemaiah and R Kanikasamy for Kashmir war. In the second category, the medals are awarded by the President of India for gallantry displayed away from the battlefield: 1. Ashok Chakra 2. Kirti Chakra 3. Shaurya Chakra 4. Sena Medal, Nao Sena Medal, Vayu Sena Medal 5. Mention in Dispatches 6. Chiefs of Staff Commendation Card Ashok Chakra is India's highest peacetime military award. Last year, Havildar Hangpan Dada was awarded the Ashoka Chakra for killing four terrorists who had infiltrated into north Kashmir. Five Kirti Chakras, 17 Shaurya Chakras, 85 Sena Medals, three Nao Sena Medals and two Vayu Sena Medals were also awarded. PADMA AWARDS -2018: Music maestro Ilaiyaraja and cricketer M.S. Dhoni were among this year’s 89 Padma awardees, announced by the Centre on the eve of the 69th Republic Day. While Mr. Ilaiyaraja was among the three Padma Vibhushan awardees, the former India captain is among the nine Padma Bhushan recipients. Padma Vibhushan and the Padma Bhushan are the second and third highest civilian awards of the country respectively. This year 85 recipients have been selected for the prestigious awards including two duo cases. This includes 3 Padma Vibhushan, 9 Padma Bhushan and 73 Padma Shri awards. Fourteen of the awardees are women, while 16 persons are foreigners and three are being awarded posthumous. WORLD’S MOST ETHICAL COMPANY FOR THE YEAR-2018 Worlds most ethical company for the year 2018 is awarded to TATA STEEL at an event organized by Ethisphere Institute based in USA 63 RD JIO FILM FARE AWARDS: 63rd Filmfare Awards ceremony, presented by the Filmfare Magazine, honored the best Hindi language Indian films of 2017. The ceremony was held on 20 January 2018 and hosted by Shah Rukh Khan, Ayushmann Khurrana, Parineeti Chopra and Karan Johar.

Best film: Hindi Medium Best actor: Irfankhan Best Actress:Vidya balan Best Director: Ashwiny Iyer Tiwari SURAT TO RECEIVE ‘CITY AWARD’ UNDER INDIA SMART CITIES AWARD 2018: Surat smart city has been selected for ‘City Award’ for showing great momentum in the implementation of projects under ‘India Smart Cities Award’ 2018.

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Overall, nine awards have been announced under the India Smart Cities Awards. The awards are divided into three categories: 1. City Award: The city award will be conferred to Surat for showing great momentum in the implementation of projects especially in the categories of urban environment, transport and mobility and sustainable integrated development. 2. Innovative Idea Award: The joint winners in the category include Bhopal for its Integrated Command and Control Centre (ICCC) and Ahmedabad for its Safe and Secure Ahmedabad (SASA) Project. 3. Project Award: The award is given to most innovative and successful projects in seven categories that have been completed by April 1, 2018. SPORTS AND GAMES:

Indian women’s hockey team won the 2017 Asia Cup hockey title held at Kakamigahara

in Japan.

India’s ace shuttler Kidambi Srikanth (World no. 8) won French Open Superseries badminton title in men’s single category.

India won 2017 Asia Cup hockey title by defeating Malaysia held in Dhaka, Bangladesh.

The BCCI has nominated former Indian cricket team captain Mahendra Singh Dhoni (36) for Padma Bhushan, country’s third highest civilian award for his contribution to game.

The National Sports Day is observed on 29th august every year to mark the birth anniversary of the legendary hockey player Dhyan Chand who was born on 29 August 1905.

Indian ace shuttler and 2017 Rio Olympic silver medallist PV Sindhu won the silver medal in 2017 World Badminton Championship held at Glasgow, Scotland.

England’s women’s cricket team won 2017 ICC World Cup title by defeating India by 9 runs at Lord’s Cricket Ground in London.

Switzerland’s Roger Federer won 2017 Wimbledon title in the men’s single category.

India’s Harinder Pal Sandhu (28) won the Victorian Open squash tournament held in Melbourne, Australia.

India’s Sundar Singh Gurjar (21) won gold medal in the men’s javelin throw event at World Para Athletics Championships held in London, United Kingdom.

Indian cricket team captains Virat Kholi and Mithali Raj became number one on 30

October 2017 at ICC ODI ranking for batsman and batswomen.

The Board of Control for Cricket in India (BCCI) has named former Indian all-rounder and captain Ravi Shastri as the new chief coach of the Indian cricket team till ICC World Cup 2019.

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India team has won Test series (1-0),One day series (2-1 )and T-20 (3-0) series against SriLanka.With this India is unbeaten in 16 series in Home turf over a period of 25 months.

Jitu Rai and Heena Sidhu won gold medal at the International Shooting Sport

Federation World Cup Final in New Delhi on 24 October 2017.

Kavita Devi on 15 October 2017 became the first Indian woman to tie-up with the World Wrestling Entertainment.

The 2018 Nidahas Trophy is a cricket tournament currently being held in Sri Lanka in March 2018. It is a tri-nation series between Bangladesh, India and Sri Lanka.

Each team will play each other twice, with two teams progressing to the final. The tournament is being played to celebrate Sri Lanka's 70th year of independence; the title derives from the Sinhalese Nidahas, meaning "freedom." Sri Lanka Cricket confirmed that the matches would be played as Twenty 20 International fixtures.

Dinesh Karthik smacked a six off the last ball to help India register a thrilling four-wicket victory over Bangladesh in the final of the Nidahas Trophy T20 Tri-Series at the R Premadasa Stadium in Colombo on Sunday 18-03-2018.

Women’s Cricket Tournament 2018:

The Australian women's team will tour India in March 2018 to play three ODIs against the hosts as part of the ICC Women's Championship (2071-2020), the BCCI said on Friday while announcing a T20 tri-series also involving England.

The three One-day Internationals will be held from March 12 to March 18 in Baroda, Australia swept the series with 3-0 white –wash.

While the tri-series will kick off with India taking on Australia on March 22. All the matches of the tri-series will be held in Mumbai, with the final slated for April 3.

INDIAN MEN’S HOCKEY TEAM:

Indian hockey veteran Sardar Singh, who led India to a fifth-place finish in the recently concluded Sultan Azlan Shah Trophy, has been dropped as Hockey India released the 18-member squad for the Gold Coast 2018 XXI Commonwealth Games to be held in Australia. The Games will begin on April 4 and India, who have been placed in Pool B along with Pakistan, Malaysia, Wales and England, will begin their campaign on April 7 against arch-rivals Pakistan. 2018 MEN'S HOCKEY CHAMPIONS TROPHY: The 2018 Men's Hockey Champions Trophy was the 37th and the last edition of the Hockey Champions Trophy for men. It was held from 23 June to 1 July 2018 in Breda, Netherlands.The tournament will be replaced by the Hockey Pro League (HPL) in 2019. Australia won their 15th title by defeating India in the final after panlties.

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INDIAN WOMEN’S HOCKEY TEAM: Hockey India on Wednesday 14 the March 2018 named a 18-member national women's squad for the forthcoming Commonwealth Games to be held in Gold Coast, Australia from April 4. The 18-member squad will be captained by ace striker Rani while experienced goalkeeper Savita will shoulder the duties of vice-captain. Unfortunately,Indian women’s hockey team suffered a humiliating 0-6 defeat in the bronze medal match against England to finish fourth at the Commonwealth Games in Gold Coast on Saturday. INDIAN PREMIER LEAGUE -2018 IPL-2018): The 2018 season of the Indian Premier League, also known as IPL 11, was the eleventh season of the IPL, a professional Twenty20 cricket league established by the BCCI in 2007. The season, which is being held from 7 April to 27 May, saw the return of the Chennai Super Kings and the Rajasthan Royals after serving two years of suspension for the involvement of their respective owners in the 2013 IPL betting case. Star Sports purchased the media rights at Rs.16,347.5 crore ($2.55 billion) for five years starting from 2018. Chennai Super Kings won by 8 wickets against Sunrisers Hyderabad in the finalto win their third title England vs Australia Cricket: England has crushed Australia to a crushing white wash in ODI 5-0 and won only T-20 match also amking complete route after Smith and Warner were suspended on ball tampering row. India continues its winning streak against one off-Afghanisthan cricket test match and 2-0 T-20 match against Ireland.They will now have to begin 5-Test series, 3-ODIs and 3 T-20 against England which will test real strenghth of our team. FIFA World Cup -2018 The 2018 FIFA World Cup is the 21st FIFA World Cup, a quadrennial international football tournament. It is currently ongoing in Russia starting from 14 June and will end with the final match on 15th July, 2018. Russia was awarded the hosting rights on 2nd December, 2010. This is the first World Cup to be held in Eastern Europe at an estimated cost of over $14.2 billion, it is the most expensive World Cup ever.This is also the first World Cup where video assistant referees (VARs) have been utilised. The final tournament involves 32 national teams, which include 31 teams determined through qualifying competitions and the automatically qualified host team. A total of 64 matches will be played in 12 venues located in 11 cities. The final will take place on 15 July at the Luzhniki Stadium in Moscow. The defending champions, Germany, were knocked out in the group stage.Already Argentina, Portugal are eliminated in knock outs

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Indian Cricket Team tour To Ireland / England: Indian team has won its first ever T-20 series with 2-0 against Ireland.Indian tour to England has started with T-20(3) series with a resounding win against England in Manchestar. ,ODI 3 matches and 5 Test matches.It will be a litmus test to Indian cricket team to reaffirm its supremacy.India has already clinched T-20 series with 2-1.

NATIONAL SOCIO-ECONOMIC SCENARIO

INDIA'S RANKING IN DIFFERENT GLOBAL INDEXES 2017 (UNDP REPORTS):

1. World Human Development Index 2017: India ranked at 131st positions among 188 countries. The report is published by United Nations Development Programme (UNDP). India’s Previous year ranking was 130. The top three countries are - Norway, Australia and Switzerland.

2. Ease of Doing Business 2017: India ranked at 130th positions among 190 countries. The report is published by World Bank Group. India’s Previous year ranking was 131. The top three countries are – New Zealand, Singapore & Denmark.

GLOBAL ENTREPRENEURSHIP SUMMIT (GES): The eighth annual Global Entrepreneurship Summit (GES) was held in Hyderabad, Telangana State on 28-30 November, 2017. This year’s Summit highlighted the theme Women First, Prosperity for All, and focussed on supporting women entrepreneurs and fostering economic growth globally. Advisor to the President Ivanka Trump headlined the United States delegation to the Summit. GES is the preeminent annual entrepreneurship gathering that convenes emerging entrepreneurs, investors and supporters from around the world. GES serves as a vital link between governments and the private sector, and convenes global participants to showcase projects, exchange ideas, and champion new opportunities for investment. Relationships formed at past GES Summits have transcended industries and sectors and transformed ideas into enterprises. This year, it was the first time GES was hosted in South Asia, and the event highlighted India’s enabling environment for innovation and entrepreneurship. CBI TEAM IN LONDON FOR VIJAY MALLYA'S EXTRADITION HEARING: A joint team of CBI and Enforcement Directorate (ED) is in London for the extradition hearing in a London court of liquor baron Vijay Mallya, wanted in India over non-payment of huge bank loans and a case of fraud and money laundering. The CBI-ED team will assist their lawyers for securing Vijay Mallya's extradition -- the second extradition from the UK after signing an extradition treaty with the country 25 years ago. AFTER DEMONETISATION, HOUSING SALES DROP BY 41% IN JAN-MAY 2017: Housing sales fell by 41 per cent during January-May period of 2017 at 1.10 lakh units across 42 major cities as property demand continued to be sluggish post demonetisation. Housing sales stood at 1.87 lakh units during the year- ago period. The real estate market is facing a multi-year slowdown, leading to significant delays in projects execution forcing buyers to protest and file cases against developers in courts. Housing sector got further affected post-demonetisation.

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However, the affordable housing segment has started to pick up with fall in interest rates and the government's move to accord infrastructure status to low-cost homes and provide interest subsidy. The launch of new homes also fell 62 per cent to 70,450 units during the first five months of this year as against 1,85,820 units in the corresponding period of the previous year, according to PropEquity, which is an online subscription based real estate data and analytics platform. With implementation of the Real Estate (Regulation and Development Act), the delays in project deliveries would go down as developers rush to complete previously launched projects to avoid penalties. It is believed that developers with good track record, strong financials and low leverage to external debt are expected to perform better in the current environment.

TELECOM SECTOR LARGEST DEBTOR IN INDIA AT RS.4.60 LAKH CRORE: RBI: The Reserve Bank of India said that a sectoral analysis of total borrowings by companies at the end of last fiscal revealed that the telecom sector had the “largest debt with negative profitability”. As per the central bank’s sectoral analysis, which reviewed 19 industries, borrowings by the firms in chemical, computer, electrical machinery, hotel, iron & steel, papers, pharmaceuticals, real estate, rubber and transport industries fell during FY17, while those in cement, construction, power, food products and textile industries showed some increase. NPAS AND STRESSED ASSETS IN INFRASTRUCTURE MAY WIPE OUT BANKS’ ENTIRE PROFITS, RBI REPORT:

The Reserve Bank of India has in a report identified infrastructure as a sector that could wipe out entire profits of banks recorded in the financial year 2016-17, in the case of severe stress in servicing loans. Credit growth to the infrastructure sector has remained negative for the past months in a row — from April 2016. This is due to a combination of factors including overall slack in credit disbursement to industry, banks’ reluctance to fund risky long-gestation infrastructure projects and existing loans having turned into non-performing assets (NPAs).

In the Financial Stability Report for January-June period, the RBI examined the credit risk arising from exposure to the infrastructure sectors — especially power, transport and telecommunications — through a sectoral credit stress test. The central bank assumed the gross NPA ratio of the sector to increase by a fixed percentage point in order to ascertain the likely impact on the banking sector’s profitability. “The results showed that shocks to the infrastructure segment will considerably impact the profitability of banks,” according to the report. The most severe shock — of 15 per cent of restructured standard advances and 10 per cent of standard advances become NPAs — will completely wipe out the recorded profits of the banks for the financial year 2016-17, it said. CENTRE SHORTLISTS 18 COMPANIES FOR STRATEGIC SALE, LAND TO BE PART OF DEAL:

The government has lined up 18 companies for strategic sales and has asked their administrative ministries to identify land that can be bundled and put on the block to make the deal more attractive. The companies in which the government proposes to sell stake and hand over management control include

• Dredging Corporation of India, • Central Electronics Ltd., • Scooters India , • Hindustan Prefab Ltd. And • Pawan Hans Ltd.

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The government has set a record disinvestment target of Rs 72,500 crore in this financial year, of which Rs 15,000 crore is to come from strategic sales. Total disinvestment proceeds in the current financial year, as of November 1, were Rs.30,185.67 crore, according to the website of the Department of Investment and Public Asset Management. VICHAR MANTHAN: The Government is holding the GyanSangam 3 renamed Vichar Manthan at SBI Staff College, Gurugram on 11th & 12th November, 2017. The first GyanSangam held at Pune on 2nd & 3rd January, 2015 laid a road map for Privatization of Public Sector Banks. In that GyanSangam, in the Group Discussions the Bankers clearly expressed that Merger is not needed. But in the GyanSangam-2, presentations were made to tell Bankers why merger should be done without any scientific analysis. Now, in the third meeting, the Government has arranged for 6 group discussions. Group 1: Responsible and Responsive Banking

1. Winning the hearts and minds of customers 2. Restoring pride of the Banker 3. Responsible Banking

Group 2: Enhanced Credit off take

1. Drawing lessons from the last 9 years of Credit decisions 2. Bond Market, NBFCs, Private Sector Banks, External Commercial Borrowings 3. Relevant market segments for credit and how to appraise their proposals.

Group 3: PSBs as MSME UdayamiMitras

1. Focus on reaching customers 2. Dealing with increasing formalizations 3. Competitive advantage of PSBs

Group 4: Deepening Financial Inclusion and Expanding Digitalisation

1. Deepening Financial inclusion 2. Strengthening systems of Financial Inclusion 3. Expanding Digitalisation

Group 5 NPA Resolution – Better Value and Faster Realisation

1. Strengthening the process of asset value 2. Faster compromise and close follow up 3. Effective monitoring to ensure better recoveries

Group 6 Leveraging Capitalisation for take off

1. Towards differentiated Banking 2. Consolidation 3. Creating Value for Stake Holders

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The last 2 GyanSangams have not helped to improve the Banks. Bank Boards Bureau has failed. Two members have resigned. People appointed from Private Sectors as Chairman and Managing Directors have not made any dramatic changes. NPA is mounting. Insolvency and Bankruptcy code is not helping banks. FRDI Bill is aimed at Privatising Banks.

1. An attempt is made to show that what we have been doing is irresponsible Banking- Though we have followed RBI Directives fully.

2. Enhanced Credit off take is possible only if we redirect the credit to the larger majority

instead of minuscule minority. Now only 19% of the eligible people have access to formal credit.

3. MSMEs are suffering due to Govt. policies. GST has also affected them. They cannot get input credit as they don’t have money to pay advance taxes and claim.

4. Deepening financial inclusion requires educating people. With 26% illiterates how

technology can help them? Financial Inclusion is not just opening accounts.

5. NPA recovery requires will to take action against willful defaulters, Corporate defaulters and also revive economy. Steel, Power, Telecom, Infrastructure, Textiles etc are suffering due to Govt policies and NPA increasing. When will the Govt. implement the recommendations of the Parliament Standing Committee?

6. If NPA is recovered there will be no need for Capital. Consolidation through merger will

increase NPA, increase losses. The idea has to be amended. AIBOC demand that the Govt. should introspect and reverse the policies instead of speeding up the same policies which are going to lead towards a collapse. PSU BANKS WOULD BRING DOWN THEIR EMPLOYEE COST TO OPERATION RATIO, POST RE-CAPITALISATION BY THE GOVERNMENT: Prospects of fresh hiring by the private sector "do not look bright" in the remaining part of 2017-18, with wage cost control being a key priority for India Inc, ASSOCHAM said. The chamber said that PSU banks would bring down their employee cost to operation ratio, post re-capitalisation by the government, and fresh hiring may come down there as well. The chamber based its assessment on the feedback received from its members. NRIS, PIOs DON’T NEED TO LINK BANK ACCOUNT, PAN WITH AADHAAR: UIDAI:

NRIs and PIOs are not required to link bank accounts and other services with Aadhaar, the Unique Identification Authority of India (UIDAI) confirmed; while instructing various implementation agencies to work out a mechanism to verify the status of such individuals. It said the Prevention of Money laundering Rules 2017 and the Income Tax Act clearly stipulate that the linking of bank accounts and PAN respectively, is for those persons who are eligible to enrol for Aadhaar. CENTRE MAY WITHDRAW THE BANK CHEQUE BOOK FACILITY TO PUSH DIGITAL TRANSACTIONS: CAIT: A senior functionary of industry body CAIT indicated that the Centre may withdraw the bank cheque book facility in the “near future” to encourage digital transactions.

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SBI REDUCES EMPLOYEE BASE BY 10,500 5,000 MORE TO RETIRE BY MARCH-2018: Country’s largest bank State Bank of India (SBI) has reduced its total employee strength by 10,584 in the six months period after its merger. This is further expected to go down by 4,876 people by the end of the year closing March 2018, as targeted by the bank. The staff strength has come down to 2,69,219 staff as on September 2017 compared to 2,79,803 as on March 2017. PROVIDE "DOORSTEP BANKING" TO SENIOR CITIZENS AND DIFFERENTLY ABLED PERSONS: RBI: The Reserve Bank of India (RBI) has told banks to provide specialised service to senior citizens and differently abled persons through dedicated counters and doorstep banking. These instructions, which come against the backdrop of banks pushing digital transactions through alternative channels, have to be implemented by December 31, 2017. INDIAN BANKS’ DEPOSIT GROWTH SLOWS TO PRE-NOTE BAN LEVELS:

Indian banks’ deposit growth, which had surged after demonetization has slowed to pre-demonetisation levels, while credit growth has gained traction, resulting in the credit-deposit growth beginning to converge. RECAPITALISATION OF BANKS: RS 2.11 LAKH CRORE FOR PUBLIC SECTOR BANKS TO BOOST LENDING: The Centre has unveiled an ambitious plan to infuse Rs.2.11 lakh crore capital over the next two years into public sector banks (PSBs) saddled with high, non-performing assets and facing the prospect of having to take haircuts on loans stuck in insolvency proceedings. The move is vital for the slowing economy, as private investments remain elusive in the face of the “twin-balance sheet problem” afflicting corporate India and public sector banks reflected in slow bank credit growth. The capital infusion would also be accompanied by a series of banking sector reforms, the Finance Minister said, without providing any specifics, adding that the measures would be revealed in the coming months. FOREIGN INVESTORS MAY SOON BE ALLOWED TO TRADE IN DOMESTIC COMMODITIES MARKET: The Securities and Exchange Board of India (SEBI) is planning to allow foreign portfolio investors to trade in commodities. The proposal, aimed at deepening the commodities market, has been forwarded to the Finance Ministry. LINKING AADHAAR NUMBER TO BANK ACCOUNTS MANDATORY: RBI: Reserve Bank of India said biometric identity number Aadhaar linkage with bank accounts is mandatory. The RBI clarification followed media reports quoting a reply to a Right to Information (RTI) application that suggested the apex bank has not issued any order for mandatory Aadhaar linkage with bank accounts. The Reserve Bank has clarified that, in applicable cases, linkage of Aadhaar number to bank account is mandatory under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017 published in the Official Gazette on June 1, 2017. However, the linkage is extended and the dead line is extended to March 2018.

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NO RESPITE FOR INDIAN BANKS AS BAD LOANS HIT RECORD $146 BILLION: Indian banks’ sour loans hit a record 9.5 trillion rupees ($145.56 billion) at the end of June 2017, unpublished data shows, suggesting Asia’s third-largest economy is no nearer to bringing its bad debt problems under control. BANK WAGE-REVISION: UNIONS SAY NO TO LINKING PSB PAY TO PRODUCTIVITY: Departing from the practice of standard pay-scales across banks, irrespective of size or financial health, public sector banks have proposed bank-wise compensation for executives, depending on the strength of each entity. PSU banks under the aegis of the Indian Banks Association (IBA) have also proposed wage increases be productivity-linked rather than automatic hikes based on tenure. Unions have opposed both the proposals. SBI REDUCES MINIMUM BALANCE LIMIT TO RS 3,000; REVISES DOWN MAINTENANCE CHARGES: State Bank of India (SBI), country’s largest bank, has reduced minimum monthly average balance (MAB) on savings accounts for metros from Rs.5,000 to Rs.3,000 and charges for non-maintenance were reduced by 20-50 percent across categories. Effective from October 1, the bank said it has decided to treat the metro and urban centres in the same category and the requirement of MAB in metro centres stands reduced to Rs.3000. Minimum balance for urban, semi-urban and rural centres continues to be at Rs.3,000, Rs.2,000 and Rs.1,000, respectively, as per the bank’s website. TAX-FREE GRATUITY LIMIT SET TO DOUBLE FOR PRIVATE & PUBLIC SECTOR EMPLOYEES: The government has initiated the process to double the limit of gratuity for employees, in the private sector and in public sector undertakings to bring them at par with central government employees. The Cabinet approved an amendment bill that seeks to double tax-free gratuity for formal sector employees to Rs. 20 lakh, from the current limit of Rs. 10 lakh. The Payment of Gratuity (Amendment) Bill, 2017 was introduced by Labour Minister Santosh Kumar Gangwar in the House, amid continued sloganeering by opposition members and counter-slogans by those of the BJP on 18-12-2017. RBI SAYS GOT BACK ALMOST ALL OF BANNED CURRENCY NOTES: Indians returned almost all of the estimated Rs. 15.4 lakh crore ($242 billion) in high-currency denominations removed from circulation in a shock move late last year, the Reserve Bank of India (RBI) said in its annual report. A total of Rs. 15.28 lakh crore was returned to the central bank through lenders, a number that could renew scrutiny about the effectiveness of the measure announced by Prime Minister Narendra Modi in November 2016. SANS FUND INFUSION, PSB MERGERS WON'T IMPROVE CAPITALISATION: The Union Cabinet's decision to speed up the merger of public sector banks (PSBs) will not improve their weak capitalisation without capital infusion from the government, Moody's Investors Service reported.

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FINANCE MINISTER ARUN JAITLEY INTRODUCES BANKING REGULATION BILL: Union finance minister Arun Jaitley introduced in the Lok Sabha a bill which allows the Centre to authorise the Reserve Bank of India (RBI) to direct banks to initiate recovery proceedings against loan defaulters. The Banking Regulation (Amendment) Bill will replace an Ordinance that enabled this earlier. The recovery proceedings would be under the Insolvency and Bankruptcy Code, 2016, that provides for a time-bound process to resolve defaults. GOVERNMENT CONSIDERING CHANGING THE FINANCIAL YEAR TO ‘JAN TO DEC’: Finance Minister Arun Jaitley said the government is considering changing the financial year to January-December to coincide with the calendar year. The matter of changing financial year is under consideration of the government. The matter has been examined recently by a committee constituted by the government under the chairmanship of former Chief Economic Adviser Shankar Acharya. NOTE-BAN EFFECT: INDIA LOST 1.50 MILLION JOBS IN THE AFTERMATH OF DEMONETISATION:

The historic note ban in 2016 took its toll on jobs in India, says a report. The Centre for Monitoring Indian Economy, a think-tank that tracks business and economic data, believes that 1.50 million jobs were lost in January-April 2017, a likely result of demonetisation. UNAUTHORISED ONLINE TRANSACTIONS? NO LOSS IF YOU REPORT FRAUD IN 3 DAYS: Customers will not suffer any loss if unauthorised electronic banking transactions are reported within three days and the amount involved will be credited in the accounts concerned within 10 days, the Reserve Bank clarified. In case the third party fraud is reported with a delay of four to seven working days, a customer will face liability of up to Rs 25,000. GOVERNMENT PLANS TO PRIVATISE 15 OIL AND GAS FIELDS OWNED BY ONGC, IOC & OIL INDIA: An association of officers of state-owned Oil and Natural Gas Corporation (ONGC) has sought the intervention of Prime Minister Narendra Modi to stave off the government's plans to privatise 15 identified oil and gas fields. PROTESTS AGAINST GST: TEXTILE TRADERS TAKE OUT RALLY IN SURAT: Continuing their strike, textile traders in Surat organised a silent march to protest the 5% Goods and Services Tax (GST). Prior to GST, there was no tax levied in the textiles sector. The rally, in which over one lakh of traders took part, was taken out after the agitation by traders of 165 markets in Surat failed to yield any result. At the instruction of the administration, the police resorted to lathi charge to control the protesting traders. Rs.26,000 - cr. bank scams call for massive crackdown :

We hereunder furnish recent bank loan frauds.

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Persons, entities involved Rs. (in crores)

Vijay Mallya-Kingfisher bank loan fraud 9,000

Nirav Modi-Mehul Choksi-PNB scam 12,700

Rotomac-Vikram Kothari-BOB scam 3,695

RP Info System-Shibaji Panja-Canara Bank scam 515

Simbhaoli Sugars-OBC scam 109

TOTAL 26,019

Capital Infusion allocated to different banks on the basis of the above mentioned two efficiency criteria:

S.No. Name of the Bank Amount (Rs. in crores)

1 State Bank of India (SBI) 8800

2 Bank of Baroda (BoB) 5375

3 Punjab National Bank (PNB) 5473

4 Canara Bank 4865

5 Syndicate Bank 2839

6 Allahabad Bank 1500

7 Indian Overseas Bank 4694

8 Dena Bank 3045

9 Andhra Bank 1890

10 Bank of India 9232

11 UCO Bank 6507

12 Central Bank of India 5158

13 Union Bank of India 4524

14 Oriental Bank of Commerce 3571

15 Bank of Maharastra 3173

16 United Bank of India 2634

17 Corporation Bank 2187

18 Punjab and Sind Bank 785

19 IDBI Bank Ltd 10610

Total 86,862

• The Supreme Court of India on 13th March 2018 issued an interim order extending dead line for linking Aadhaar numbers to bank accounts, mobile phone numbers, passports and other services indefinitely beyond the previous deadline of March 31.

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• The Government asked banks to 'name and shame' such borrowers by publishing their photographs and other details in newspapers. The finance ministry has written a letter to all PSBs directing them to take board approvals for publication of photographs of such defaulters. The Finance Ministry has also directed PSBs to probe all NPA accounts of over Rs.50 Cr for possible fraud and accordingly report the cases to CBI.

• GST, 2ND HIGHEST TAX RATE IN WORLD: WORLD BANK REPORT

The goods and services tax (GST) implemented by the Narendra Modi government from 1 July last year is one of the most complex with the second highest tax rate in the world among a sample of 115 countries which have a similar indirect tax system. As many as 49 countries around the world have a single slab of GST, while 28 countries use two slabs, and only five countries, including India, use four non-zero slabs. The countries that use four or more slabs of GST include Italy, Luxembourg, Pakistan and Ghana. Thus, India has among the highest number of different GST slabs in the world. Finance minister Arun Jaitley has promised to reduce the number of GST slabs by merging 12% and 18% slabs once tax compliance improves and revenue buoyancy increases.

• INDIA RANKS 81ST IN GLOBAL CORRUPTION PERCEPTION INDEX

India has been ranked 81st in the global corruption perception index for 2017, released by Transparency International. The index ranks 180 countries and territories by their perceived levels of public sector corruption. In the 2016 India was in the 79th place among 176 countries. The index uses a scale of 0 to 100, where 0 is highly corrupt and 100 is very clean. In the latest ranking New Zealand and Denmark were placed the highest, with scores of 89 and 88, respectively. On the other hand, Syria, Sudan and Somalia were ranked lowest with scores of 14, 12 and 9, respectively.

• GOVERNMENT OF INDIA MAKES AMENDMENTS IN SMALL SAVINGS ACT

In order to remove existing ambiguities due to multiple Acts and rules for Small Saving Schemes, the Government of India has proposed merger of Government Savings Certificates Act, 1959 and Public Provident Fund Act, 1968 with the Government Savings Banks Act, 1873. With a single act, relevant provisions of the Government Savings Certificates (NSC) Act, 1959 and the Public Provident Fund Act, 1968 would stand subsumed in the new amended Act without compromising on any of the functional provision of the existing Act.

Apart from ensuring existing benefits, certain new benefits to the depositors have been

proposed under the bill. These are: 1. As per PPF Act, the PPF account can’t be closed prematurely before completion of five

financial years. If the depositor wants to close PPF account before five years in exigencies, he can’t close the account.

2. Investment in Small Savings Schemes can be made by Guardian on behalf of minor(s) under the provisions made in the proposed bill Guardian may also be given associated rights and responsibilities.

3. There was no clear provision earlier regarding deposit by minors in the existing Acts. The provision has been made now to promote the culture of savings among children.

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• INDIA'S GDP TO GROW

India's economic growth registered 7.7 per cent for the January-March quarter, the fastest it has grown since April- June 2016-17 and this increase in 2019-20 with increased productivity post GST and investment revival due to banking reform. The economy grew 6.6 per cent in the last fiscal as it battled the lingering effects of demonetisation in 2016, businesses adjusting to Goods and Services Tax (GST) in 2017, and a subdued agriculture.

• CENTRE EXTENDS DEADLINE TO LINK AADHAAR NUMBER :

The Centre on 28.03.2018 extended the deadline for citizens to link their Aadhaar number with welfare schemes by three months to June 30. The announcement follows the government’s decision to extend the deadline for citizens to link their Aadhaar number with their Permanent Account Number to June 30. On March 12, the Supreme Court had rejected a request to extend the March 31 deadline to link Aadhaar numbers with various government welfare schemes.

• CABINET CLEARS BAILOUT PACKAGE FOR SUGAR INDUSTRY

The Cabinet Committee on Economic Affairs (CCEA) approved a slew of measures that would help improve the liquidity of cash-starved sugar industry, including setting aside a sum of Rs 4,440 crore to boost ethanol production capacity and creating a buffer stock of 3 million tonnes of sugar.

CCEA has also decided to fix the minimum selling price of white / refined sugar at Rs.29 per kg and impose stock holding limits on sugar mills.

Production assistance:

The measures would involve a sum of Rs.7,000 crore and was in addition to a sumof Rs.1,540 crore set aside to give a production assistance of Rs.5.5 per quintal of sugarcane crushed announced last month.

APPOINTMENTS:

MD and CEO of Allahabad Bank Smt. Usha Ananthasubramanian was appointed as First Woman Chairman of Indian Banks’ Association.

Ajy Thyagi was appointed as SEBI Chairman.

Arun Shrivastava was appointed as Head of Syndicate Bank and Melwyn Rego as MD & CEO.

Mukesh Kumar Jain as MD and CEO of Oriental Bank of Commerce.

Dinabandhu Mohapatra was appointed as the MD and CEO of Bank of India.

R A Sankara Nrayanan was appointed as the MD and CEO of Vijaya Bank.

Sunil Mehta as Head of Punjab National Bank.

Mohammad Mustafa is appointed as CMD of SIDBI. HIGHLIGHTS OF THE UNION BUDGET:

Rs.21.57 lakh crore transferred in the form of net GST against the predicted Rs.21.47 lakh.

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Total capital expenditure for Indian Railways set at Rs.1,48,528 crores.

Allocations for Mumbai rail network was pegged at Rs.11,000 crore and for Bengaluru Metro, Rs.17,000 crore was allocated.

Minimum support price (MSP) for all upcoming Kharif crops has been raised to 1.5 times the cost of production.

Agricultural market and infra fund of with corpus of Rs.2,000 will be created for 22,000 gramin agricultural markets and 585 APMCs

200 crore for organic farming sector.

Government to set up 1.5 lakh centres under Aayushman Bharat Programme to provide health facilities with an allocation of Rs 1,200 crore.

As many as 10 crore people to get Rs.5 lakh Health Coverage for hospitalization every year.

Allocation of Rs.600 crore has been proposed for Tuberculosis patients who are undergoing treatment.

Gas connections will now be provided to 8 crore poor women.

Government has set a target to construct at least 2 crore toilets under Swachh Bharat Mission.

Allocation of Rs.1 lakh crore has been proposed for revitalizing and upgrading education sector.

Government pledges contribution of 12 per cent in wages of new employees in all sectors for the upcoming 3 years under EPF scheme.

Women contribution to EPF slashed for initial three years to 8 per cent.

Allocation of Rs.3,794 crore capital support and industry subsidy by 2022 for the MSME sector.

Rs.4.6 lakh crore was sanctioned under Mudra Yojana.

Consumers get relief with excise cut on fuel.

Excise on unbranded diesel was cut by Rs.2 to Rs.6.33 per litre and the same deduction was given from unbranded petrol top Rs.4.48 per litre.

The government proposes no change in personal income tax rates for salaried class. There has been a 12.6% growth in direct taxes in 2017-18; 18.7% growth in indirect taxes in 2017-18.

Corporate Tax has been reduced from 30 percent to 25 per cent for companies with turnover up to Rs 250 crore, move to boost MSME sector.

Standard deduction of Rs.40,000 for salaried taxpayers was announced. In terms of capital gains tax, long-term capital gains are proposed to be taxed at 10 per cent on investments over Rs.1 lakh. Short term capital gains tax to remain unchanged at 15 per cent. For senior citizens, the FM proposed exemption of interest income on bank deposits raised to Rs 50,000 for Senior Citizens as well as exemption of Rs.10,000 on income from Bank FDs and post offices.

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Banking:

− Mudra Yojana lending target has been set at Rs 3 lakh crore.

− Aim to bring 60 crore bank accounts under Jan Dhan Yojana.

− PM Jivan Bima Yojana gave benefits to 5.22 crore families.

− Under Jan Dhan Yojana, the entire lot of 16 crore accounts will be brought under micro

insurance and pension plans.

− 26 crore bank accounts opened under the Sukanya Samriddhi Scheme.

− Allocation of Rs. 52,719 crore for social inclusion of scheduled castes is proposed in the

budget.

INDUSTRIAL LEVEL SCENARIO

SIGNATURE CAMPAIGN: In view of the scathing attack on the existence of the PSUs, AIBOC addressed a petition to the Prime Minister. As regards the signatory, a massive signature campaign was launched. The campaign was launched at the ‘Rabindra Satabarshiki Bhawan’, Agartala, Tripura. Being the first signatory, the campaign was launched by Shri Manik Ch. Sarkar, Chief Minister, in the presence of Com. D.T.Franco. MARCH TO PARLIAMENT: Continuing the struggle to save the Public Sector Banks, United Forum of Bank Unions (UFBU), organised a massive march to the parliament on 15th September, 2017 which was a grand success. The capital witnessed a massive rally of Bank Officers and Employees numbering more than 50,000 from the nook and corner of the country. Touched by the concern of the bankers for the PSUs, several parliamentarians came out of the Parliament and joined the rally which was an encouraging gesture for the struggling members. On that day, UFBU delegation submitted a memorandum to the Hon’ble Finance Minister at North Block and expressed their concern about NPA, Mergers, Privatisation & Wage related issues.

NATIONAL WOMEN’S CONVENTION 4TH & 5TH NOVEMBER, 2017 AT MUMBAI: The National Women’s Convention was held at Mumbai on 4th & 5th November 2017 and the undersigned felt extremely happy about the delegates assembled from Kashmir to Kanyakumari and from Nagaland to Gujarat. The delegates were given group numbers while registering and were divided into twelve groups with different topics for discussion. They huddled together and came out with their presentation in the afternoon session with small skits, short film and group presentation. In the evening the women showcased their multiple talents by singing songs, staging skits, dancing to music unwinding themselves and enjoyed each others company and made the auditorium reverberate with their joyous jingles. The second day session began with a panel discussion on the following topics by eminent women. The General Secretaries of various affiliates and Office Bearers of AIBOC Com.Soumya Dutta, Com. Sabapathy, Com.Manoj, Com Debshish, Com.Deepak Sharma, Com.Rupam Roy felicitated the convention. The general secretary of AIBOC in his response exhorted the women to be assertive but careful. He also called upon them to highlight and escalate

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whenever they come across harassment at the work place or at home. It is for them to create opportunity to play a bigger role in the trade union activities. He felt that the biggest take away would be the happiness and requested the delegates that this happiness should be replicated everywhere. AIBOC CONDEMNS THE CABINET APPROVAL OF MERGER OF PSBs: All India Bank Officers Confederation, the largest officers' organization having membership of around 320000 officers vehemently opposes the in principle approval by the Union Cabinet to set up an Alternative Mechanism to oversee the proposals for consolidation of public sector banks (PSBs) with a view to creating fewer but stronger lenders. In the Parliament the Minister of State stated that there is no plan for merger. The announcement of merger plan just after a day of successful Nationwide strike indicates that the Government is not bothered about the Public opinion and feedback. This does not augur well for democracy. This organization has time and again criticized such forced mergers and we will continue to protest such ill conceived plans of merger of Public sector Banks by GOI, NitiAyog and RBI which can wreck havoc on India’s financial mainstay. BANKS DIRECTED TO ENROLL AADHAR CARDS - AIBOC OPPOSES THE MOVE:

In the recent times, we have seen an overdrive of threatening to freeze existing bank accounts unless the customers are linked to Aadhaar. It violates the right to privacy which is now recognized as an essential part of life and personal liberty. The Supreme Court of the country has also upheld the same in its landmark judgment which says that ‘Privacy’ is a fundamental right of every individual. By compelling the citizens to surrender the core biometric information, it has violated all three principal aspects of privacy viz. Privacy of Person, Privacy of information and Privacy of choice.

Taking all these factors into consideration, the AIBOC, General Secretary along with Mr. M.G. Devasahayam, IAS (Retd) along with Mr.Samuel Rajappa, Former Resident Editor, The Statesman have filed a Public Interest Litigation (PIL) against the Union of India and Unique Identification Authority of India in the Hon’ble Supreme Court of India. The Hon’ble Supreme Court has given an interim order saying that Aadhar should not be made mandatory. Citing acute manpower shortage in branches and consequent impact on their health and productivity, the All India Bank Officers' Confederation (AIBOC) has in a letter to the Chairman, Indian Banks' Association (IBA), Governor, Reserve Bank of India and the Secretary, Department of Financial Services, categorically pointed out that the job related to Aadhaar enrolment “has nothing to do with banking business.”

Com. D Thomas Franco, General Secretary, AIBOC, said: “As per the UIDAI guidelines, an enrolment centre should be manned by a trained supervisor and technical personnel in addition to trained operators. Any laxity in the composition of staff would be treated as violation of UIDAI guidelines. This would mean that every Aadhaar enrolment centre would require a minimum of four persons. If the enrolment work is to be handled by bank officers, banks would have to set aside a minimum of 1.20 lakh staff.”

In the light of this, Com. D Thomas Franco, General Secretary, AIBOC has addressed individual letters to all the Chairmen and Managing Directors of all the Banks explaining about our stand and seeking cooperation from them.

Now, Banks have been asked to complete Aadhaar seeding and also to open Aadhaar enrolment Centres in the branches. It is understood that Government has instructed the Banks to ask its staff and Officers to work on holidays to complete the task. The responsibility for any mistake will be on the officer who authorizes when he / she is not trained for the same.

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Hence, there remains every possibility that the officers might commit some unintentional mistakes for which he or she will have to face the consequences. The Banks should not be taken to task when final judgement comes from Hon’ble Supreme Court in the light of the Right to Privacy judgement. XII GLOBAL LABOUR UNIVERSITY CONFERENCE: The 12th Global Labour University (GLU) Conference was held on 4th to 6th October 2017 at the Jawaharlal Nehru University (JNU), New Delhi, under the title “Reincarnation or Death of Neoliberalism? The rise of market authoritarianism and its challenges for labour”. Apart from GLU and JNU, the event was co-organized by the International Labour Organisation and the International Centre for Development and Decent Work. AIBOC expresses its gratitude to the organizers of the Conference for allowing its members to attend the Conference.

WORKSHOP ON FRDI BILL, INAUGURATION OF PEOPLE’S PARLIAMENT, DELHI AND TWO DAYS WORKSHOP ON CHALLENGES TO BANKING SECTOR FRDI BILL AND MERGER – 10th, 11th & 12th OCTOBER, 2017: The workshop was held at Marlankar Hall, Constitution Club, Rafi marg, New Delhi. The workshop was presided over by Com. Dilip Saha, our President. Shri Gautam Mody, NTUI, Dr. Suyash Rai, NIPFP, Dr. Meera Nangia, Delhi University, Ms. Priyadarshini, CFA and the undersigned were the speakers who analyzed various clauses of the bill. On the same day, at the same venue, the Delhi Chapter of People�s Parliament for Unity and Development was inaugurated alongwith celebration of the great Trade Union Leader Jayaprakash Narayan�s Birthday. The General Secretary, AIBOC welcomed the gathering and briefed the house about the two days program. He also mentioned that the chief of public sector banks are called periodically at Davos and tutored what is good and bad for the economy by the representatives of IMF and WB. Based on that they come and devise the policy and force us to do what is tutored. We are not responsible for the rising NPAs. Corporates own 88.3% of NPAs. As solution what they are bringing in is very dangerous. The insolvency and bankruptcy codes and referring cases to NCLT will not help. The first case has fetched 6% of the outstanding that too recoverable in 5 years. Secondly, NCLT is burdened with 25000 cases, how long will it take for resolution? Defaulters get more benefit than the Bank. The policies announced everyday is affecting the Banking Sector. All India Bank Officer’s Confederation (AIBOC), National Alliance of People’s Movements (NAPM) and New Trade Union Initiative (NTUI) together conducted a public meeting on FRDI “Last battle to save PSBs” on the 29th November, 2017 in Constitution Club between 6 & 9 pm. NATIONAL PLATFORM FOR PEOPLE’S PARLIAMENT FOR UNITY AND DEVELOPMENT CONSTITUTED: Trade Unions, Farmers Organisations, Women’s Organisations, Youth Organisations, Non-Governmental Organisations and Right’s Groups joined together to have a debate titled, “People’s Parliament for Unity and Development” throughout the country. The aim is have debate at every district of the country on issues of Development like “Why Farmers, Traders, Women, Workers, Youth and Students complain that they do not get credit when needed, while Bankers are saying there is no credit off take?” “Why even after 70 years of Independence all eligible children do not have access to Education at Schools and Colleges?” “Why universal Health Care is not available to all?” “Why farmers are committing suicides and

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youth do not want to enter farming?” “Why women who have history of prompt repayment are not getting adequate credit even in SHGS”? “Why unemployment is increasing and what is the possibility of creating employment in rural and semi urban areas?” “Where the Budget funds go?” “Where is the tax we are paying going? Why the Govt can’t fulfil the promise of constitution – to provide equal opportunity to all?” What GST means to people? These are some of the issues which will be debated at every district and an enquiry will be done and presented in the District Parliament for Unity and Development.” FINANCIAL REGULATION LAW WILL AFFECT THE BANKING SECTOR: A joint parliamentary committee is currently studying the draft Financial Resolution and Deposit Insurance Bill, 2017. The committee is expected to come out with its report soon, following which the bill is likely to be taken up for legislative approval in Parliament. The locus of the proposed law could be found in the February 2016 Budget speech of Union Finance Minister Arun Jaitley, who said that the government was keen on setting up a framework that would instill better financial discipline among banking institutions and make stronger provisions to protect public money. Matters moved swiftly after this announcement. A committee under Ajay Tyagi, additional secretary of the Department of Economic Affairs, was set up in March 2016. The committee released the draft law in September that year. The government gave the public less than 20 days to comment on the draft bill, and this process of discussion was closed on October 14, 2016. The following June, the Union Cabinet cleared the bill, which was later tabled in Parliament in August, just a day before the Monsoon Session came to an end. Political parties, including the Congress and the Trinamool Congress, expressed their displeasure at the manner in which the bill was tabled and also criticised the move to form a new joint committee to study the draft when a select committee for finance was already available. Our Comrade Franco, AIBOC General Secretary has made a presentation to JPC headed by Mr. Arun Jaitly which was applauded by all and our concerns and its impact on the common depositors was explained in detail. As of now, the bill is deferred, if the bill is implemented in its current form it will have wider ramifications. AIBOC EC Meeting was conducted at Gauhati, Assam on 15th & 16th December, 2017. It is historic meeting in North East and deliberations were made on varied subjects by all the constituents of AIBOC and several decisions were taken to take forward our struggles in combating the onslaughts of Government. Our President has attended the meeting. He requested the AIBOC leadership to impress upon IBA to come with an alternate system to allocate welfare funds to Public sector Banks as against the existing system of 3% of net profit or with a cap of Rs.20.00 crores since most of the banks are showing net losses. FIVE DAY BANKING: The Xth Bipartite settlement between IBA and member banks made history with the introduction of holidays on second and fourth Saturdays, thereby marking a new beginning in the working of banking system in India. It was duly approved by the RBI, Government and brought into practice subsequently through an executive order. The above change was agreed upon against the demand for five day work week for banks which is being practiced all over the world. There was a promise of a review after 6 months of implementation so that 5 day week could be brought in but it didn’t happen. However the system is working well and proves that 5 day week will be a win win situation for all. Again, in our country the Central Government, majority of the State Governments, the RBI, and some of the foreign banks functioning in our country and majority of the public sector undertaking in the financial sector

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such as GIC are also following the five day work week pattern. Hence, the four Officers’ Organizations namely AIBOC, AIBOA, INBOC and NOBO have forwarded a note to IBA reiterating our demand for introduction of the five day week in the banking industry immediately, especially when the way the banks are operating have under gone a sea change in the last few years. XIth BIPARTITE SETTLEMENT: UFBU and the IBA are negotiating for more than six months but no clear headway has been made till now. As you are aware that this time bank managements are also asking for variable-, performance-related pay. Looking at inflation and changing work profile in the bank, burden on the bank officers, we are demanding a fair and reasonable increase in wages. IBA is proposing entity-wise negotiation depending on the capital position as balance sheets of most lenders are stressed because of bad loan issues. UFBU’s stand is loud and clear that we will not settle for anything other than industry wide wage hikes. UFBU Meeting held on 6th February, 2018: The meeting was concerned to note that for the past three months, IBA has not held any meeting with UFBU on our demands for wage revision despite assuring in the meeting held in October, 2017 that shortly another meeting would be held when the IBA would make their offer. So far, there has been no response. Department of Financial Services of Government of India has also been communicating to all the Banks and IBA to conclude the settlement without delay. Even this has been ignored. Regrettably, when UFBU took up the matter with the Government to intervene to expedite the settlement, there was no response. Hence, it was decided after due deliberations that agitational programmes including strike actions have to be resorted to. Strike call: Accordingly, it was decided to give the call for All India Strike on the 15th March 2018 preceded by other protest programmes like deputation to Chairperson IBA, demonstrations, mass rallies, Badge wearing, Dharna, etc. Talks Postponed: After UFBU taking the decision on the 6th February 2018, it has been informed by the IBA vide their letter dated the 7th February 2018 that the next round of negotiations on our demands for wage revision has been fixed for the 21st February 2018. In view of this, UFBU decided to take part in the negotiations on 21.02.2018 to impress upon the IBA to expedite the settlement. Looking to their response in the meeting on 21st February 2018, UFBU will meet immediately thereafter and take the decision about our agitational programme and strike call. But unfortunately IBA has informed vide their letter dated 17th February that due to unforeseen circumstances, it is conveyed that Negotiating committee meeting is postponed and next date of meeting will be advised in due course. UBFU Deferred the strike call: UFBU met on 21st February and decided not to proceed with the proposed strike on March 15. This follows the "vitiated atmosphere" in the entire banking sector post the mega Rs 11,400-crore PNB fraud that shocked the entire country. Further it is concluded that the Bipartite issue cannot be delayed indefinitely. IBA has to fix date for the next meeting as early as possible. UFBU to pursue with IBA for obtaining mandate from banks which are yet to give the same. UFBU should meet MD & CEO of State Bank of India. With regard to PNB scam, accountability of the top management, RBI and government to be made. Unwanted harassment of the lower level employees by way of mass transfer etc to be stopped. UFBU should write letter to CVC & IBA in this regard. Investigation by Parliamentary Committee to be sought.

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Equally, one cannot absolve RBI for its failure to play its role and responsibilities which would have otherwise unearthed these irregularities much earlier, he said. Press Meet at all state capital to be conducted between 5th and 10th March. Dharna was held at Delhi on March 21st and a grand success. The IBA had deferred its February 21, 2018 meeting with UFBU for negotiation of salary hike due to the PNB fraud. The wage revision was due in November 2017. The United Forum of Bank Employees Unions (UFBU) withdrew the nationwide strike call on March 15, due to the situation in the banking system following the massive fraud at Punjab National Bank and the overall vitiated atmosphere in the sector. UFBU meeting held in Chennai on 23rd February 2018. UFBU to hold Dharna before Parliament at New Delhi on 21st March, 2018, demanding action on all those who are involved in PNB fraud. Talks with IBA: The meeting noted that in view of the disturbed situation in the banking sector, it is conveyed that the Negotiating Committee meeting is postponed and next date will be advised in due course. UFBU conducted massive Dharna on 21-03-2018 at Parliament street highlighting our demands. It was a Dharna of leaders representing 9 trade unions in Banking sector across the country. UFBU leaders delegation met Finance Minister and Secretary DFS. Both meetings were positive and assured to take steps with regard to wage revision and mandates from Banks. Delaying tactics of IBA Negotiations on Salary Revision in snail pace UFBU to decide on stronger action: Our members are eagerly awaiting, all over the country, for an early settlement of 11th Bipartite Agreement, due to the fact that the IBA and the Government raised the hopes and confidence of the workforce that they are serious in completing the negotiations on the Charter of Demands in good time. The last bipartite term ended on 31st October 2017, and since then there was no serious attempts on the part of the IBA to take forward the negotiations in a meaningful manner. Comrades, the AIBOC has been championing the cause of the entire Officers’ fraternity. We have not allowed any attempt in dividing the Officers’ on the basis of the scales and grades in the Bank. We have membership including the senior executives of the bank and they have been supporting the Confederation ever since its establishment and have been part of our struggles throughout. Hence, there is no case for us subscribe to the suggestions of the IBA for truncated negotiations. We will be enforcing the settlement on all the scales and grades in order to take care of their interests in the Bank. Hence, we have sought immediate intervention of the UFBU in the matter. WAGE REVISION – 11TH BIPARTITE SETTLEMENT Comrades, a quck recap of events. we submitted our Charter of Demands on 5th June 2017.

05.06.2017 Charter of Demands submitted Bipartite meeting was held between IBA and our UFBU constituent unions at Mumbai

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01.08.2017 Sub- Committee for Officers – Met at Mumbai 27.10.2017 Wage Revision talks with IBA 14.11.2017 Joint submission for mandate submitted by the UFBU to the MDs of the

Bank 15.11.2017 Charter of Demands Additional notes submitted to IBA

Note on five day week Note on Regulated Working Hours Note of issues concerning Lady Employees

06.02.2018 UFBU Meeting held on 16th Feb 2018 UFBU decides All India Strike on 15th March 2018 (Strike deferred) IBA invites UFBU for Negotiations on 21st Feb 2018

21.03.2018 UFBU Dharna at New Delhi 02.05.2018 Meeting at DFS – 2nd May 2018 05.05.2018 Meeting with IBA & UFBU Meeting held on 5th May 2018

AIBOC also met the Addl. Secretary & Joint Secretary DFS on 2nd May 2018. The much delayed negotiations with IBA on our Charter of Demands (COD) for wage revision has re-commenced 5th May 2018 after a gap of nearly 6 months.IBA informed that looking at the present position of Banks, there are constraints on their part and hence made an initial offer of 2% hike over the total wage bill as on 31.03.2017.Which was bluntly refused by UFBU and decided to commence agitation programmes. As per the directions massive demonstrations were held on 8th/9th May 2018 all over the country before branches during lunch break or after office hours. The proposed nationwide bank strike on May 30 and May 31 stands as the conciliatory talks convened by the Chief Labour Commissioner here on Monday failed..

2 days / 48 hours continuous strike on 30.05.2018 and 31.05.2018 was a total success crippling the entire banking industry. About 10 lakh bank employees have participated the strike. Banking operations in the entire country were hit today as 10 lakh employees, primarily from PSU banks, went on 2-day strike to protest against a "meagre" 2 per cent salary hike offered by Indian Banks. As per the reports received from the zones members have actively participated in strike but participation in demonstrations needs to be improved.EC members are advised to focus in this area to make our future strike programmes more effective and successful. UFBU meeting on 12.06.2018: Recently UFBU convened a meeting at Chennai on 12.06.2018 wherein certain crucial and significant decisions were taken. The decisions are as follows: i)UFBU will write to the Government informing that Bank Employees’ will not undertake work relating to UIDAI work. ii)UFBU will write to the Finance Minister regarding forcing and threatening Bank Officers’ for sanction of MUDRA Loan even at the cost of compromising with due-diligence on borrowers. iii)Finance Minister & RBI should be informed expressing our concern on loan embargo on Dena Bank and operational restriction on Allahabad Bank.

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Celebration of Bank nationalization week from 16th- 21st July’18 in a befitting manner. It was also decided to meet with Acting Chairman, IBA, officials of DFS, CLC and Hon’bleFinance Minister before we take a final call on Strike Action in July’18 followed up with another strike in August’18. IMPROVEMENT IN SUPERANNUATION BENEFITS TO RETIREES IN THE BANKING INDUSTRY: AIBOC had sent a communication to the Hon’ble Finance Minister of Government of India on 03.04.2018 regarding the above subject. The request included were improvement in Family Pension, improvement in Dearness Allowance and updation of pension. LOK SABHA PASSES GRATUITY BILL AMID DIN: Lok Sabha today as relentless protests by them and NDA partner TDP disrupted proceedings in both Houses of Parliament for the ninth straight day, but the government managed to get two bills passed without debate amid the din. In the Lok Sabha however, the government pushed two legislations, Payment of Gratuity (Amendment) Bill and Specific Relief (Amendment) Bill, amid continued din and the House passed them with a voice vote without debate. Parliament (Rajya Sabha) on 22-03-2018 passed Gratuity bill that will empower the government to fix the amount of tax free gratuity and the period of maternity leave with an executive order. to enhance the ceiling of tax-free gratuity to Rs.20.00 lakh from existing Rs.10.00 lakh for employee under the Payment of Gratuity Act. GRATUITY AMENDMENT BILL - ENHANCEMENT OF GRATUITY CEILING: AIBOC on 03.04.2018, sent a communication to the Hon’ble Prime Minister and Hon’ble Finance Minister, Government of India on the above subject. Contents of the letter is given below: The Amendment with regard to the enhancement of ceiling Gratuity from Rs.10/- lac to Rs.20/- lac has been made effective from 29th March 2018 although there was a continuous appeal from the All India State Bank Officers’ Federation as well as the All India Bank Officers’ Confederation for making the date effect as 1.1.2016 as in the case of the Central Government of employees. AIBOC MEETINGS

− 87th AIBOC EC meeting at Gauhati, Assam-15/16th December, 2017 − 88th AIBOC EC meeting at PortBlair, Andaman & Nicobar Islands - 10th May,2018 − 89th AIBOC EC meeting at Chennai, Tamil Nadu - 26th June, 2018

During this period of review EC members from our AIBOC several eminent and active leaders were retired. We thank all those leaders who have contributed immensely for the cause of orgainisation and officers welware. We all have fortunate to learn from their vast experience and dedicated service.

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This conference also places our special thanks to our Com.D.Thomas Franco Rajendra Dev, General Secretary, AIBOC who retired on 30.06.2018 for his invaluable contribution to the organisation and was felicited by the AIBOC Executive Committee on 26.06.2018 in Chennai. We also wish him a happy, healthy retirement life. We also welcome Com.Soumya Dutta, SBI, West Bengal is our new AIBOC, General Secretary. BOOK ON INDIAN BANKING: CURRENT CHALLENGES & ALTERNATIVES FOR THE FUTURE:

A book - “Indian Banking: Current Challenges and Alternatives for the Future” authored by Sri C.P. Chandrasekar and Sri Jayati Ghosh of JNU was released on 27.01.2018 in Chennai in a function organised by AIBOC. The book contains several chapters which include, The Evolution of Banking, Changes in Banking Policy, Dealing with NPAs, Reforming Personnel Management Practices and The Way Forward. BANK DIRECTOR DELHI HIGH COURT POSTS CASE BY AIBOC ON APPOINTMENT OF OFFICER DIRECTOR IN PSBS TO MAY 16TH 2018:

As per Sec 9 of Bank Nationalization Act and Sec 19 of SBI Act, Government has to appoint an Officer Director and Workmen Director in Nationalised Banks and SBI. This was followed by Central Government from 1970 till 2014. After the present Government came to power, the provision of the law has not been implemented. As on date there is no Officer Director & Employee Director in any of these Banks . In some Banks the position is vacant for 3-4 years. After appealing to Finance Minister, Prime Minister and RBI who have not responded, All India Bank Officers Confederation filed a writ on 3rd December 2017 at Delhi High Court. The case was filed by Mr. D. Thomas Franco, General Secretary through Shri Prasanth Bhushan, Senior Advocate. The case was posted to February 28th after ordering notice to the Government. The case came up for hearing on 28th at the Court of Justice Rajiv Shakdher. Senior Advocate Ms. Kamini Jaiswal argued that there is no watch dog in the Board, which is total violation of Law and demanded direction from the Court to the Government. Counsels for the Government and RBI and requested adjournment asking for time for reply from Government. The Counsel for the AIBOC requested for early hearing. The Judge posted the case to 16th May 2018. The Judge also directed the Counsel to advise the Government to act as per the law. The AIBOC is going to take up the issue not only at the Court but also through other platforms and agitations. In this background, AIBOC General Secretary has advised all its affiliates to submit the panel list of their office bearers who are elected in the order of priority who are having residual service of three years .Our bank also has addressed a similar letter in 2016 to our Federation and matter is kept pending by the then General Secretary. In view of the above and in tune with AIBOC guidelines and policy approach of AIBOC, the following panel of our office bearers is being submitted to the management for appointment of Representative of Officers on Board.

S.No. Name Place of work Position in Federation

Order of Preference

1. N.V. Satyanarayana Vidyanagar, Hyd-I General Secretary 1

2. T. Vijay Kumar Madhapur, Hyd-II Treasurer 2

3. D. Padma Chikkadpally, Hyd-I Vice President 3

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AIBOC SUCCEEDS IN OBTAINING FAVOURABLE ORDER DELHI HIGH COURT ADVICES BANKS TO COMPLETE THE PROCESS OF APPOINTMENT OF OFFICER DIRECTORS ON THE BOARDS OF THE BANKS

The All India Bank Officers’ Confederation had filed a writ petition in the Delhi High Court seeking the direction from the Honorable Delhi High Court to the Management of the Banks as well as the Government of India to initiate the process of appointment of the Officer – Directors on the Boards of the Banks. The Confederation had contended that the Government has failed to implement the provisions of the Banking Companies Act and the SBI Act in regard to the said appointment of Officer-Directors on the Boards of all the Banks. The present Government had not made any fresh appointment after the expiry of the term of the Officer-Directors on the Boards and as a result the Board of all the Banks were functioning without the representative of the Officer – Director as required under the provisions of law. The case was admitted on 3.11.2017. The initial hearing was held on 28.2.2018. The next hearing was scheduled on 16th May, 2018 wherein the Hon’ble Judge has given the following rulings :

i. The needful be done in 10 days from the date of receipt of a copy of the order.

ii. The list of names so submitted to be filed by the petitioner Federation to the Court, supported by an affidavit of a duly authorized person.

iii. Respondent No.1 i.e., GOI will process the list and place it’s response before the court on or before the next date of hearing.

iv. Re-notify the matter on 09.08.2018.

v. In the meanwhile, counter affidavit will be placed on record. The court has thus asked the Government to take necessary steps for the appointment of the Officer-Directors on the Boards of all the banks. AIBOC BIDS ADIEU TO COM. D.T. FRANCO, GENERAL SECRETARY, ON SUPERANNUATION - COM. SOUMYA DATTA, IS AIBOC NEW GENERAL SECRETARY Com D. T. Franco, who spearheaded the AIBOC movement in trade union movement in general and banking industry in particular, stepped down as the General Secretary on his superannuation from Bank's service on 30th June, 2018. During his tenure of crucial 15 months, he worked at a frenetic pace addressing a plethora of issues, protesting anti-labour, anti-employee and anti-people policies of the Government and often spelling out counter narratives to Govt agenda. He had kept AIBOC constantly in the news due to his bold and incisive views on various contentious issues pertaining to Banking & Finance and became the most sought after trade union personality in the Print and Visual Media. We, in our individual capacity and on behalf all members of AIABOF convey our sincere appreciation for his colossal contribution to the cause of officers’ movement and urge upon him to intensify his fight to safeguard the rights of common man and also assist the banking unions in particular. We also wish him an active and healthy life in the years to come He took on the Government's anti-people policies with sheer grit, gumption and conviction and played a pivotal role in stalling the draconian FRDI Bill. He presented before the Joint

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Parliamentary Committee a detailed report along with a power point presentation on the FRDI Bill. He initiated Peoples' Parliament for Unity and Development movement for social upliftment. We also welcome Com.Soumya Dutta,our new AIBOC General Secretary who took over charge on 01-07-2018.We wish him all the very best and wish that he would continue to take our organization to further hights and bring laurels to our graet organization. NEW BANKS BOARD BUREAU APPOINTED: Three new members – Vedika Bandarkar, P Pradeep Kumar and Pradip P Shah – have been appointed to the new BBB. Prior to this appointment, Bhanu Pratap Sharma was chairman, Recruitment & Assessment Centre, DRDO. Vedika Bhandarkar is the former vice-chairman & managing director (investment banking & global markets) at Credit Suisse India (2010-2015). While Pradeep Kumar is a former managing director of State Bank of India (from 2013-15), Pradip P Shah is the founder MD of CRISIL, and was alternate member of BBB (2017-18). Shah is currently on the board of over 10 companies. AFTER RBI RAISES DOUBTS, SHIKHA SHARMA TO QUIT AXIS BANK: Axis Bank Managing Director and CEO Shikha Sharma has decided to cut her fourth term at the helm and is set to step down from her post at the end of the year. The RBI is understood to have raised questions as to why Sharma was being given a fourth term. In December, the bank’s Board had decided to re-appoint her for three years from June 1, 2018, for her fourth term. It had sought permission from the Reserve Bank of India to let Sharma continue for another term. The Bank informed that Shikha Sharma, Managing Director & CEO of the Bank, requested the Board to reconsider the period of her re-appointment as the Managing Director & CEO of the Bank be revised from June 1, 2018 up to December 31, 2018. The Board had accepted her request, subject to the approval of the RBI. ICICI BANK BOARD APPOINTS GIRISH CHANDRA AS NON-EXECUTIVE CHAIRMAN: The ICICI Bank board approved the appointment of Girish Chandra Chaturvedi as its non-executive, part-time chairman, effective from July 1, 2018 for a period of 3 years subject to the approval of shareholders. The appointment of the new chairman comes at a time when ICICI Bank is battling one of its worst management crises. Chanda Kochhar asked to reply to Sebi Show Cause Notice by July 10: The Securities and Exchange Board of India (Sebi) has set a fresh deadline for ICICI Bank and its managing director and chief executive officer, Chanda Kochhar, to reply to a show-cause notice over alleged violation of listing disclosure norms. The private sector lender and Kochhar did not respond to the notice by the June 7 deadline, citing lack of documentary proof to support the allegations. Sources said Sebi had provided the lender with relevant documents last week. The new deadline to respond to the notice is July 10.

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FUGITIVE ECONOMIC OFFENDERS BILL SEEKS TO IMPOUND, SELL ASSETS OF FRAUDSTERS: A Bill to empower the authorities to confiscate and sell assets of economic offenders, especially bank fraudsters and scamsters who have fled the country, was introduced in the Lok Sabha on 12.03.2018. The Economic Offenders Bill 2018 was introduced by Shiv Pratap Shukla, Minister of State for Finance, in the Lower House amidst din over the PNB scam. The Bill paves the way for confiscation of all assets, including benami assets, both within and outside the country, of declared economic offenders. The proposed law will apply for economic offences with monetary value in excess of Rs.100 crore. U.K. Court allows search of Mallya’s property: The High Court Enforcement Officer or other agents, acting on their authority, may enter Ladywalk, Vijay Mallya’s country residence, to search and take control of goods belonging to him, according to a court order from London’s Commercial Court last month. The order relates to the case against Mr. Mallya brought by the State Bank of India and 12 other banks seeking the recovery of debts through the London courts. GOVT MAKES PASSPORT MANDATORY FOR BANK LOANS OF RS.50 CRORE & ABOVE: Passport details of borrowers taking loans of Rs.50 crore and more have been made mandatory to ensure a swift action in case of fraud and prevent fraudsters from fleeing the country. Passport details will help banks to take timely action and inform the relevant authorities to prevent fraudsters from fleeing the country. This is a preventive step to avoid flight of economic offenders and banks to collect passport details of all new borrowers of loans in excess of Rs.50 crore. For all existing loans of over Rs.50 crore, banks have been asked to collect passport details of borrowers within 45 days, he added. ADITYA BIRLA IDEA PAYMENTS BANK STARTS OPERATIONS:

Aditya Birla Idea Payments Bank on 22nd February, 2018, became the fourth such entity to begin operations since issuance of licenses to 11 firms by RBI in August 2015. Telecom major Bharti Airtel was the first to begin the payments bank operations in November 2016 and the Aditya Birla group-promoted firm is the latest to join the bandwagon. Paytm founder Vijay Shekhar Sharma promoted Paytm Payments Bank started giving the differentiated banking services from May last year while FINO Payments Bank Limited has commenced operations in June 2017. JIO PAYMENTS BANK LIMITED COMMENCES OPERATIONS:

Jio Payments Bank commenced its banking services on 3rd April, 2018. Reliance Industries Ltd NSE -0.19 % was one of the 11 applicants which were issued in-principle approval for setting up a payments bank in August 2015. Telecom major Bharti Airtel was the first to begin payment bank services in November 2016. Paytm founder Vijay Shekhar Sharma promoted Paytm Payments Bank began operations from May 2017 while FINO Payments Bank Limited kicked-off in in June last year.

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RIL primes broadband disruption via Jio fibre: After disrupting the Indian mobile telephony space, Mukesh Ambani-led Reliance Jio aims to disrupt the broadband and D2H market with the unveiling of JioGigaFiber, its fibre broadband system. The roll-out would happen across 1,100 cities simultaneously starting August 15, he said. Mentioning that India was ranked 134 in the global ranking for fixed broadband, he said Jio was determined to move the country to among the top five. PARLIAMENTARY PANEL DISCUSSES NPA ISSUE WITH RBI GOVERNOR, BANKERS: A Parliamentary panel on 10.04.2018 met RBI Governor Urjit Patel, top public sector bankers and government officials to discuss about mounting bad loans and ways to resolve the problem. Several bankers apprised the Committee on Subordinate Legislation of Rajya Sabha about different aspects of non-performing assets and the efforts being made to tackle the menace, sources said. According to the sources, the bankers told the panel that the ‘one-day’ default provision for NPA classification as per the latest RBI circular was too harsh and that it should be made more practical. The circular was issued on February 12 amid rising concerns over bad loans in the banking system. RESERVE BANK OF INDIA IBBI SIGNS MOU WITH RESERVE BANK OF INDIA: The Insolvency and Bankruptcy Board of India (IBBI) signed a Memorandum of Understanding (MoU) on 12th March 2018, with the Reserve Bank of India (RBI). The MoU was signed by Mr. Sudarshan Sen, Executive Director of the RBI and Dr. (Ms.) Mamta Suri, Executive Director of the IBBI in the august presence of Mr. Injeti Srinivas, Secretary to Government of India, Ministry of Corporate Affairs; Dr. M. S. Sahoo, Chairperson, IBBI and other distinguished Members of the Insolvency Law Committee (ILC) on the side-lines of the 4th meeting of the ILC at New Delhi. RBI IMPOSES RS.58.9 CR PENALTY ON ICICI BANK: The RBI has imposed a monetary penalty of Rs.58.9 crore on ICICI Bank Limited for non-compliance with the directions issued by the RBI on direct sale of securities from its Held To Maturity (HTM) portfolio and specified disclosure in this regard. The Central Bank stated this penalty has been imposed in the exercise of powers vested with the RBI under the provisions of the Banking Regulation Act, 1949, taking into account failure of the bank to adhere to its directions/guidelines. RBI IMPOSES RS.30 MN PENALTY ON IDBI BANK: The RBI on 11.04.2018 said it has imposed a penalty of Rs.30 million on IDBI Bank for non-compliance with the directions issued by it on income recognition and asset classification norms. “The Reserve Bank of India (RBI) has imposed, through an order dated April 9, 2018, a monetary penalty of Rs.30 million on IDBI Bank Limited (the bank) for non-compliance with the directions issued by RBI on income recognition and asset classification (IRAC) norms,” the central bank said in a statement.

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RBI DECIDES TO USE GDP INSTEAD OF GVA TO MEASURE ECONOMIC ACTIVITY: The Reserve Bank of India has decided to use Gross Domestic Product (GDP), instead of Gross Value Added (GVA) to measure economic activity in the country. The change is to conform with international practice, for ease of comparison. Globally, the performance of economies is gauged in terms of GDP. This approach is also taken by multilateral institutions, international analysts and investors. GVA gives a picture of the state of economic activity from the producers' side or the supply side. GDP gives the picture from the consumers' side or the demand perspective. Primarily, they all stick to this norm because it facilitates country comparisons. Here, the Central Statistical Office has been using GDP as the main measure of economic activity since January 2015. So, though there are good economic reasons to employ GVA as the supply-side measure of economic activity, it has been decided to switch to GDP, said Acharya. BANKRUPTCY: RBI GIVES PROVISIONING RELIEF TO STRESSED BANKS: The Reserve Bank of India (RBI) has temporarily relaxed provisioning norms for lenders to defaulters undergoing bankruptcy resolution in a move that could help banks bolster their financial results for the year and quarter ended March. Provisions for accounts referred to the National Company Law Tribunal (NCLT) have been reduced to 40% of dues at the end of March for secured loans, down from 50% earlier.

NPA CRISIS: 11 PUBLIC SECTOR BANKS UNDER RBI SCANNER:

Eleven public sector banks are under the radar of the Reserve Bank of India (RBI) over the issue of non-performing assets. These banks have been brought under the central bank’s Prompt Corrective Action (PCA) framework with an aim to check NPAs. It has been learnt that five more banks are set to be brought under the PCA framework. This comes months after the central government had allocated capital of Rs.52,311 crore to 11 “weak banks” to maintain their minimum capital requirement. Apart from this, the Centre also infused Rs 35,828 crore in nine “strong banks”. List of Banks: The 11 banks on the RBI’s watch-list include Allahabad Bank, United Bank of India, Corporation Bank, IDBI Bank, UCO Bank, Bank of India, Central Bank of India, Indian Overseas Bank, Oriental Bank of Commerce, Dena Bank, Bank of Maharashtra. Five banks which could be brought under the PCA are Andhra Bank, Punjab National Bank, Canara Bank, Union Bank and Punjab & Sind Bank. RBI PUTS DENA BANK UNDER PROMPT CORRECTIVE ACTION:

Reserve Bank of India (RBI) has put state-run lender Dena Bank under prompt corrective action (PCA) framework. It has barred Dena Bank from extending fresh credit in view of deteriorating financial health due to mounting non-performing assets (NPAs) and mounting losses. It makes Dena Bank first lender to face curbs on lending under PCA framework.

This means Dena bank can disburse loans for credit facilities already sanctioned, but cannot sanction fresh loans. In addition, RBI also has barred from recruiting more staff. RBI may lift these restrictions in case the bank improves profitability and reduces the ratio of bad loans.

In May 2017, RBI had placed Dena Bank under PCA framework, which had imposed restrictions including ban on dividend payments. Despite earlier restrictions including ban on dividend payments, the financial health of Dena bank had not shown any signs of improvement, prompting the banking regulator to freeze fresh lending.

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RBI’S MONETARY POLICY REVIEW: RBI HIKES REPO RATE TO 6.25%.

On June 6, 2018, the six members Monetary Policy Committee (MPC) of RBI has decided to hike Repo (short term lending rate) to 6.25% from 6.00%. As per the second Bi-monthly Monetary Policy Statement, the current policy rates of RBI would be as follows:

• Repo Rate: 6.25%

• Reverse Repo Rate: 6.00%

• Marginal Standing Facility (MSF) Rate: 6.50% The recent rise of 25 basis points in key policy rates is for the first time in four and half years since NDA government was formed in May, 2014. Repo Rate: Repo rate, or repurchase rate, is the rate at which RBI lends to banks for short periods. This is done by RBI buying government bonds from banks with an agreement to sell them back at a fixed rate. When RBI increases Repo Rate, the banks can borrow less at a lower cost and thus need to lend at higher rates. This contributes to hike of the interest rates in markets. When RBI increases the repo rate, the move is generally called a tight monetary policy stance. Reverse Repo Rate: Reverse repo rate is the rate of interest at which the RBI borrows funds from other banks in the short term. This is done by RBI selling government bonds / securities to banks with the commitment to buy them back at a future date. The banks use the reverse repo facility to deposit their short-term excess funds with the RBI and earn interest on it. RBI can reduce liquidity in the banking system by increasing the rate at which it borrows from banks. Hiking the repo and reverse repo rate ends up reducing the liquidity & pushes up interest rates. When the RBI increases the Reverse Repo, it means that now the RBI will provide extra interest on the money which it borrows from the banks. An increase in reverse repo rate means that banks earn higher returns by lending to RBI. This indicates a hike in the deposit rates. Marginal Standing Facility: Marginal Standing Facility is a new Liquidity Adjustment Facility (LAF) window created by Reserve Bank of India in 2011. MSF is the rate at which the banks are able to borrow overnight funds from RBI against the approved government securities. The rate of interest on MSF is above 100 bps above the Repo Rate. The banks can borrow up to 1 percent of their net demand and time liabilities (NDTL) from this facility.

BANK LEVEL DEVELOPMENTS KEY HIGHLIGHTS - 9 Months Ended 31.12.2017

Operating Profit increased by 35% (YoY)

Net-Interest Income increased by 20% (YoY)

Non Interest Income increased by 14% (YoY)

Retail Credit increased by 32% (YoY)

Agricultural Credit increased by 14% (YoY)

MSME Credit increased by 26% (YoY)

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Business Performance – Growth in Key Parameters (Dec 16– Dec 17)

• Business grew by 5.74% - from Rs.3,32,630 Cr to Rs.351735 Cr.

• Total Deposits grew by 5.11 % - from Rs.1,90,506 Cr to Rs.200243 Cr.

• CASA Deposits grew by 4.00 % - from Rs.59,761 Cr to Rs.62151 Cr.

• Retail Term Deposits grew by 7.22% - from Rs.71,002 Cr to Rs.76130 Cr.

• Advances grew by 6.59 % - from Rs.1,42,124 Cr. to Rs.151492 Cr.

• Retail Advances grew by 31.72% - from Rs.26,060 Cr. to Rs.34327 Cr.

• Agricultural Credit grew by 14.16%- from Rs.25,657 Cr to Rs.29289 Cr.

• MSME Advances grew by 25.74% - from Rs.25,835 Cr to Rs.32484 Cr.

• Priority Sector Advances grew by 13.62% - from Rs.58,288 Cr. to Rs.66225 Cr.

• CASA Ratio stood at 31.07% (Dec' 17) as compared to 31.60% ( Dec' 16)

• Net NPA ratio is 7.72% (Dec' 17) as compared to 7.55% (Sep' 17)

• Gross NPA ratio is 14.26% (Dec'17) as compared to 13.27 % (Sep' 17)

• PCR of the bank stood at 57.44% (Dec'17) as compared to 55.25%(Sep' 17) Income & Profitability – 9 Months Ended 31.12.2017

Operating Profit grew by 35% on y-o-y basis -from Rs.2954 Cr. to Rs.3995 Cr.

Net Interest Income grew by 20 % on y-o-y basis - from Rs.3847 Cr. to Rs.4614 Cr.

Non-Interest Income grew by 14% on y-o-y basis - from Rs.1658 Cr. to Rs.1885 Cr. Asset Quality:

The Gross NPA of the Bank stood at Rs.21599 Cr (GNPA ratio 14.26 %) for Dec'17 as compared to Rs.19839 Cr. (GNPA ratio 13,27%) for Sep 17.

The Net NPA of the Bank stood at Rs.10858 Cr. (NNPA ratio 7.72 %) for Dec’17 as compared to Rs.10574 Cr. (NNPA 7.55%) for Sep'17

The Provision Coverage Ratio of the Bank stood at 57.44 % (Dec’17) as compared to 55.25% (Sep'17).

Network Expansion:

o The Bank has 2912 number of branches (Rural: 745, SU: 771, Urban: 665 and Metro: 731) and 3990 number of ATMs/BNAs/CRs.

o The total number of delivery channels of the Bank is at 6940. Awards:

The Bank has received APY-Transformative Leaders - I & II.

The Bank has stood 2nd among all banks for enrolment of women beneficiaries in APY and received APY-Gift a Glory award.

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The MD & CEO of the Bank has received Makers of excellence award from PFRDA for enrollment of 59,270 APY accounts as against the given target of 15,000.

The Bank got awards in APY-People First Campaign conducted in States of Uttar Pradesh, Rajasthan and Madhya Pradesh.

KEY HIGHLIGHTS YEAR ENDED 31.03.2018

Operating Profit increased by 22.18% (YoY)

Net-Interest Income increased by 14.52% (YoY)

Cost to Income Ratio improved to 38.43% from 44.03% (YoY)

CASA Deposits registered a growth of 12.71% (YoY)

CASA Ratio improved from 29.33% to 31.05%

Retail Credit increased by 41.53% (YoY)

Agricultural Credit increased by 11.86% (YoY)

MSME Credit increased by 23.61% (YoY)

Business Performance – Growth in Key Parameters (Mar 17 – Mar 18)

• Business grew by 9.70% - from Rs.3,39,673 Cr to Rs.3,72,605 Cr.

• Total Deposits grew by 6.46% - from Rs.1,95,441 Cr to Rs.2,08,070 Cr.

• CASA Deposits grew by 12.71% - from Rs.57,257 Cr to Rs.64,534 Cr.

• Advances grew by 14.08% - from Rs.1,44,232 Cr. to Rs.1,64,535 Cr.

• Retail Advances grew by 41.53% - from Rs.27,541 Cr. to Rs.30,844 Cr.

• Agricultural Credit grew by 14.16%- from Rs.25,657 Cr to Rs.29289 Cr.

• MSME Advances grew by 23.61% - from Rs.27,260 Cr to Rs.33,697 Cr.

• Priority Sector Advances grew by 13.67% - from Rs.61,690 Cr. to Rs.70,121 Cr.

• CASA Ratio stood at 31.05% (Mar 18) as compared to 29.33(Mar 17) Income & Profitability - FY 2017-18 (Mar' 18):

Operating Profit grew by 22% on y-o-y basis -from Rs.4388 Cr. to Rs.5361 Cr.

Net Interest Income grew by 14.52% on y-o-y basis - from Rs.5532 Cr. to Rs.6335 Cr. Non-Interest Income grew by 2.77% on y-o-y basis - from Rs.2308 Cr. to Rs.2372

Cr. Asset Quality:

The Gross NPA of the Bank stood at Rs.28,124 Cr (GNPA ratio 17.09 %) for March' 18 as compared to Rs.17,669.98 Cr. (GNPA ratio 12,25%) for Mar' 17.

The Net NPA of the Bank stood at Rs.12636.87 Cr. (NNPA ratio 8.48 %) for Mar ’ 18 as compared to Rs.10354.81 Cr. (NNPA 7.57%) for Mar' 17

The Provision Coverage Ratio of the Bank stood at 60.90% (Mar' 18) as compared to 51.03% (Mar' 17).

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Network Expansion:

o The Bank has 2911 number of branches (Rural: 745, SU: 771, Urban: 665 and Metro: 730) and 4009 number of ATMs/BNAs/CRs.

o The total number of delivery channels of the Bank is at 6940.

Awards:

Our Bank has been presented "Award of Excellence for RSETIs" (First Prize) by Ministry of Rural Development, Govt. of India for FY 2014-15 & 2015-16 under Category-'C'.

The Bank received "Enterprise Financing Index Award 2017" from Industries and Commerce Department, Government of Andhra Pradesh, on the occasion of International MSME Day.

Awards under APY: Bank got the following awards in campaigns announced by PFRDA

− APY - Brand Ambassador

− APY - Honor the Best

− APY - People First Campaign

− APY - Transformative Leaders-I & II

− APY - Makers of excellence award and

− Best Performing Bank among the PSBs for enrolling maximum number of APY

Our Bank received the "Best Bank Award for Electronic Payment Systems" among Mid-sized Banks 13th IDRBT Banking Technology Excellence Awards.

IBA - Our Bank has received IBA award under category 'IT Risk and Cyber Security

initiatives' for the FY 2017-18 on 23rd February, 2018.

Infosys - Finacle Client Innovation Awards 2017: Our Bank has received award under category 'Process Innovation category Highly Commended' award for 'Optimizing Credit Card Insurance process' on 28.11.2017. IDRBT - Technology Excellence Award - Our Bank has received 'Best Bank Award for Electronic Payment Systems among Mid-sized Banks' on 1.9.2017 at 13th IDRBT Banking Technology Excellence Awards.

Bank received 'Vigilance Excellence Award-2017 in the category of Timely Completion of Disciplinary Proceedings' from Central Vigilance Commission.

The above results suggest that the Bank is now is growing through a difficult phase and let us all strive hard to continue the recovery path and post decent results for the year ending 31st March, 2018 which will have a direct and positive impact on our growth and welfare fund. The results were badly affected due to NCLT accounts that were not sanctioned by our members but by the Top Executives and Board Directors in their delegation powers. The loss is also due to the intervention political parties and high profile corporate bosses across the country.Unfortunately, Nationalized banks image is badly affected.

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We are glad and thank our Management (GM, HR in particular) for completing promotion process and also gearing up to complete the transfer exercise before April 2018. We request all our EC members to advice all the officers who have attended promotion interview to submit APAR for March 2018 immediately on 1 st April 2018 itself to enable the Management to release the promotion results immediately. We on behalf of the Federation , convey our sincere thanks to our management for their positive initiative since it will avoid mid-academic transfer and also hardships faced by the officers .Now, officers children can be admitted into the schools/colleges without any hassles. SHRI SURESH N PATEL, MD & CEO RETIRES: Our Managing Director & CEO, Shri Suresh N Patel retired from services on superannuation from our Bank on 31.12.2017. We place on record that he has been a source of inspiration and guidance to all of us. He is officer-friendly and has tried his best in taking our bank to reach newer heights despite prevailing difficult conditions in the Bank due to increase of NPAs, provisioning of NCLT accounts. During his tenure capital infusion has taken place, signing of MoU etc. During his tenure our Bank has achieved many awards and rewards. All India Andhra Bank Officers’ Federation wishes him a happy and healthy retirement life. PROMOTIONS OF VARIOUS CADRES ANNOUNCED: The following vacancies were approved by the Board in its meeting held on 27.12.2017.

General Manager - 6

Dy General Manager - 20

Asst General Manager - 46

Chief Manager - 84

MM II to MM III - 312

JM I to MM II - 352

Clerical to JM-I - 419 A detailed H.O.Cir.No.361, Ref.No.3/60 dt. 01.01.2018 and Cir.No.362, Ref.No.3/61 dt. 01.01.2018 were already issued. Last date to apply online application closes by 08.01.2018. Accordingly, online applications were invited from the eligible candidates for Promotion on 02.01.2018. Pre-promotion coaching classes were also conducted for the SC/ST/OBC/PWD/ Minority candidates. Promotion test was also conducted successfully on 25.02.2018 and entire promotion process for the year 2018 is completed in March itself. TRANSFER EXERCISE 2018: Our request to consider the cut off date as 31st July was favourably considered there by exercise for cut-off date is resolved.

JM-I MM-II MM-III Spl. Officers Requests 780 259 141 132 Policy 120 67 104 158 Promotion 411 294 249 97 Total Orders 1311 620 494 387

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Transfer exercise for JM-I and MM-II: It is one of the best transfer exercises in our bank which has considered almost 2900 requests in all three cadres were considered favourably. We can proudly say that almost all the requests who have completed 3 years of a stay in a zone are considered. Though, some of the RDOs are transferred on administrative grounds, we could reduce it to the bare minimum after continuous persuasion with both General Managers, HR and RPDD. This could not have been possible without our continuous persuasion and Management cooperation. We place on record our special thanks and gratitude for the generous support extended by our Top Management and General Manager (HR) Sri M. Naga Raju.

IMPORTANT CHALLENGES AT BANK LEVEL: Our bank has introduced Circle System making a 3-tier and 8 Circles are created each headed by General Manager. We have requested the management to revert back to the old system as the revised circle system increases the expenditure and also duplication of work takes place which is not in the interest of the Bank as we are exploring areas where we can implement cost cutting methods to increase our income. We have raised this subject in the last two JCC forums. We are also worried since our Bank has posted Rs.385.00 cr loss for the quarter ended September, 2017. Now, there looms a problem of categorizing our bank also under PCA .Our Top Management is also focusing to achieve the targets set forth under TAP. Our bank has already convened two meetings to review the progress after the MOU.

In spite of this prevailing difficult situation, we have successfully ensured that all the requests of our officer comrades who have completed three years of service are considered with TA & DA. In the circumstances, it is an enormous achievement which could be possible only because of your unstinted support and also positive response from our Top Management, especially our Managing Director & CEO Sri N. Suresh Patel. Our officers have been working hard to ensure that our Bank is back to profit making habit. You are all are aware that the losses are mainly due to high incidence NPA contributed by the Government policies and advances given to big corporate. Our profit hit very badly due to the provisioning of NCLT accounts. THE ISSUE OF PERKS ON LEASED ACCOMMODATION: The members are aware that the Bank has deferred to recover TDS on Leased accommodation perks for the financial year 2016-17 at our request on the ground that Hon’ble Madras High Court granted interim injunction against the dicision granted of High court of Madras and will apply and continue to members of our Confederation until further orders. The case is listed for hearing on 17.04.2018,and accordingly the stay remains effective for the Current financial year 2017-18 We have also bring your notice that a Special Leave Petition (SLP) no.4327/2017 has been filed, by our AIBOC, Apex organization seeking special leave to Appeal against the final Judgment and Order dated 20.04.2016 passed by High Court of Madras in Writ Petition No.10053, by condoning the delay of 216 days in filing the same against final Order dated 20.04.2016. Our case came up for hearing on 27.02.2017 in Hon’ble Supreme Court. The Hon’ble Court has granted an interim protection against the decision granted of further orders.

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The case is listed for hearing on 17th April 2018, and accordingly the stay remains effective for the current financial year. Accordingly, we have addressed a letter to our management for deferment of TDS of recovery of TDS on perquisites on leased accommodation and is considered favourably. STAFF WELFARE SCHEMES: We all are aware that our Welfare schemes are linked to Bank Net Profit and 3% of Net Profit is ear marked for welfare funds. Our bank has posted net loss for the last two quarters September, 2017 Rs.385.00 crore and Rs.532.00 crore for December, 2017.We are confident that with strong manpower and committed staff of our Bank will change the scenario by March, 2018. We have witnessed several such tough situations in the past and came out victorious. Accordingly, during the review meeting of the Welfare Committee held on 18.01.2018 to consider the freezing of some schemes consequent to the erosion of net profit of the bank. Some of the schemes have already been shelved. Final decision would be taken after looking at the March 2018 results. Working results clearly indicates that in spite of all round growth because of provisions because of NPA our bank has posted net loss. This subject was taken by AIBOC/UFBU and have addressed letters to IBA to link welfare fund to gross profit as the net profit is being eroded in almost all the banks because of provisioning for NPA accounts. Welfare Schemes by Bank: As you all are aware that Bank welfare schemes are linked to 3% of published net profit of respective bank. Due to net losses incurred to our Bank for the last two quarters, bank is unlikely to extend all the existing schemes for the year 2018-19. The Staff Welfare Committee on 18.01.2018 reviewed the expenditure on various staff welfare schemes for the year ending March, 2018. After deliberations, the committee suggested to continue certain welfare schemes beyond the scope of Welfare Fund which will be born from Bank’s P&L. The details are as under:

1. Holiday Homes Scheme (Except in Mysore): The holiday homes at Delhi and Bhubaneswar alternate hotels are being explored since their lease agreements are expired.

2. Financial Relief to Physically Challenged Employees and Children of Employees who are Physically Challenged for purchase of accessories.

3. Subsidised Canteen

4. Presenting a Memento/Gift on the superannuation

5. Financial Relief to Employees whose Children are mentally retarded.

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ORGANISATIONAL MATTERS

SPECIAL ALL INDIA CONFERENCE: We are glad that we have successfully conducted a Special All India conference on 17th September, 2017 at Anvitha Gardens, Karimnagar to amend bye-laws of our Federation (which witnessed a mammoth gathering of more than 450 delegates) to synchronise with bank administration structure which introduced circle system and also to encourage / engage more number of young comrades in the organizational activity. Bye-law amendments are aimed at strengthening of the organization with a mix of experience and youth to have an effective and smooth functioning. We are happy to inform you that bye-laws were approved by the delegates unanimously. These amended bye-laws were also approved under Trade Union Act, 1926 and registered with Registrar of Trade Unions and Commissioner of Labour, Telangana State, Hyderabad on 28-10-2017. Present elections 2018-2021 will be conducted as per the amended bye-laws. ELECTIONS TO EXECUTIVE COMMITTEE FOR THE TERM 2018-2021: Elections to Executive Committee for the term 2018-21 have been successfully completed as per the schedule and the new body has assumed office from 5th March, 2018 .The Election Committee consisting of Shri K. Laxma Reddy, Returning Officer, Shri K.V. Subbaiah and Shri P.V. Ramana Rao, the Members have done a stupendous job. The Executive Committee places on record our appreciation of their dedicated efforts and were feliciated in our first EC. However, the Election Committee even while signing the notification of election results has handed over the file with status report of the correspondence on the issue of disqualification of some of the contestants (Marked with * in the list) on the basis of their non participation in strikes/publishing of voted official ballot paper in social media by the candidates. FEDERATION IN THE SOCIAL CAUSE:

1. We have donated Rs.54,963/- to Shekinah Foundation, Hayatnagar, Hyderabad from our Social Fund to help the under privileged and weaker section children of the society.

2. We have also donated an amount of Rs.50,270/- to Manovikasa Kendram, Ongole to help an organization that has been working for the metally retarded children for their wel being coming from the poor families.

It has been our endeavour help the underprivileged and down trodden people of our society to mitigate their sufferings to some extent. ZONAL CONFERENCES: Zonal Conferences are pending in almost all the Zones and we may begin from the Zones where it is long pending. Zonal Conferences will increase contact of leaders with the members there by trade union activity and membership mobilisation will increase.

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MEMBERSHIP POSITION:

The Comparative Membership position for the month of June, 2018 is furnished in the Annexure. On perusal, it is observed that there is still large number of officers is found in non-members list. Special efforts are to be made to enroll them into our Federation fold and forge total unity and make our future demonstrations / strike programmes more effective. STATUS OF COMPLAINTS AGAINST MEMBERS WHO ARE ELECTED: As per EC directions, explanation was called from Com. Hansaram, Zonal Secretary, New Delhi and Com. Lokesh Gunjan, Regional Secretary, Sambalpur.

Com. Hansaram has purported to have submitted a reply in e-mail without subscribing his signature and no hard copy is received yet. Com. Lokesh Gunjan, has not submitted any reply so far. In the absence of their authenticated reply, it is not proper on our part either to disqualify or otherwise. As such, we may again give them another opportunity to clarify/explain the complaints. DIRECTORS ISSUE: Subsequent to deliberations and EC resolution to withdraw the pending case in Hon’ble Court filed by the then General Secretary who is retired on superannuation. Fresh panel list of 3 members is submitted to our Management with a request to forward the same to DFS, Ministry of Finance. CENTRAL JCC MEETINGS: JCC meetings are being held every quarter except for March, 2018 quarter due to our Elections. Due to the continuous losses in our Bank, we could not clinch any monetary benefits but have successfully represented members grievances and are confident of resolving them in due course. The minutes of 72nd JCC meeting were circulated by Head Office vide HO Circular No.65, Ref.No.3/10 dated 29.05.2018. After successful completion of elections, we have communicated our New JCC team and requested the management to convene 73rd Joint Consultative Committee Meeting on 20.06.2018. This first JCC meeting was conducted as per our request and several financial and officers service related issues were raised through our agenda and discussed in detail. However, due to the financial situation of our Bank, no improvements in finanacial demands could not be achieved. The detailed minutes would be circulated soon. Our New JCC team is given as under :

1. Com. V.Murali, Avadi, Chennai Zone. 2. Com. N.Pradeep Kumar, President, Gagan Mahal Road, Hyderabad-I 3. Com. N.V.Satyanarayana, General Secretary,Vidyanagar, Hyderabad-I 4. Com. T.Vijay Kumar, Treasurer, Madhapur, Hyderabad-II 5. Com. R.Subba Rao, Dy General Secretary, Zonal Office, Guntur 6. Com. A.Jagannath, Dy General Secretary, Masab Tank, Hyderabad-I 7. Com. Prashanth Kumar Mishra, Dy General Secretary, Raptinagar, Lucknow Zone 8. Com. J.Srinivas, Circle Secretary, Telangana, Hanamkonda Branch, Warangal 9. Com. M.S.Bhaskar Rao, Circle Secretary, Visakhapatnam, A.U.Campus, Visalhapatnam 10. Com. Chinmoy Basu, Zonal Secretary, Kolkata, Howrah Branch.

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RETIREMENTS: During the period under review, the following office-bearers were retired.

1. Com. V. Peddi Raju, Zonal Secretary, Hyderabad-II

2. Com. B. Veerabhadraiah, Zonal Secretary, Karimnagar

3. Com. K. John Burg, EC Member

4. Com. Y.V. Siva Kumar, Organising Secretary & Zonal Secretary, Hyderabad-II

5. Com. Pramod Kumar Barik, Regional Secretary, Sambalpur

6. Com. M. Brahmam, Regional Secretary, Medak

7. Com. A.V.S. Narayana, Organising Secretary

8. Com. V. Murali, Chairman

9. Com. T. Sambaiah, Organising Secretary

The All India Conference places on record the services rendered to the officers by our office-bearers who retired during the period and wishes them a very happy and healthy retired life. WELFARE SCHEMES BY FEDERATION: 1. Introduction of Federation Members Benevolent Fund:

Since, the payment of insurance premium under Group Insurance Scheme for renewal of policy for the year 2018-19 could not be met from Bank's Welfare Fund and also the premium if borne by the officer is coming to approximately Rs.2000/-per officer to be paid in one lump sum to Insurance Company in the month of March 2018. The scheme is since discontinued by our Bank and there will not insurance coverage. Therefore, our Federation is proposing to bring Federation Members Benevolent Fund (FMBF) through which if any Federation members/member die in harness, all the members of our Federation will contribute Rs.55/- for each death through automatic salary deduction in the succeeding month of the death of the officer/ officers. The amount will be given to the Nominees/Legal heirs of the officers who die in harness. The amount of Rs.55/- for each death will be deducted from the salary for the particular month of the death only. As per the available records, on an average around 12-15 officers die in harness in each year. Hence, an amount of Rs.750/- would have to be borne by officers for each year. Whereas, if we continue the existing Group insurance scheme an amount of Rs.2000/- has to borne by each member at the beginning of each year at a time. The scheme, Federation Members Benevolent Fund (FMBF) will be withdrawn once the bank gets net profit and Bank continues the Group Insurance Scheme. As such, it is proposed to introduce Federation Members Benevolent Fund Scheme and request Management to deduct Rs.50/- for each death from all the members of the Federation from their salary of succeeding month of that death of the officers/officer and shall be paid to the nominees/legal heirs of bereaved family (As per the nomination available in our past records) and scheme will come into effect from 01.04.2018.

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2. Reimbursement on Hospitalization Scheme:

Any of the Federation member who incurs huge hospitalization expenses over and above the eligible medical reimbursement by the Bank and other schemes towards major ailments like Kidney transplantation, Liver transplantation, Coronary bypass surgery, Cancer and other complicated diseases, subject to a maximum amount of Rs.25,000/- for self and Rs.20,000/- to the spouse and dependent children will be reimbursed on case by case. The reimbursement will be made basing on the recommendations of the Zonal Secretary on case by case duly obtaining a declaration from the member and producing all the relevant receipts / sanctions and paid to the member from our Welfare Fund. 3. Improvement in Federation Ex-gratia Scheme: We propose to increase the payment of Ex-gratia to the bereaved family of the member from the existing amount of Rs.50,000/- to Rs.70,000/-. 4. Incentive to members who pass CAIIB: To encourage our members to update their knowledge, we propose to award incentive of Rs.3000/- to all our members who complete CAIIB in single/first attempt only.

DISCIPLINARY MATTERS Disciplinary Wing needs to be strengthened by expanding the disciplinary wing .We wish to inform you that after finalizing the names in the Secretariat, we will be communicating the same to the members very shortly. We wish to appoint Disciplinary Incharge and co-ordinators for smooth functioning of disciplinary wing.There is a spurt of disciplinary cases in the recent times.Many of our officers are resorting to serious irregularities by ignorance and some are committing intentional frauds, resulting into suspensions and attracting serious disciplinary actions.As on date about 33 officers are under suspension and various stages of domestic enquiry proceedings. Any decision with a malafide intention for pecuniary gains and keepingself interests above organization may result in a temporary gain but ultimately results in irreparable damage to individual and also to his innocent family members.This leaves a stigma to the family in the society and also results in avaoidable litigation and reputation loss to the organization. The officers shall be assisted in all respects to initiate legal action against the outsiders/private parties who with malafide intention make baseless allegations, pass derogatory remarks, and lodge motivated false complaints on issues/matters arising out of the bonafide business endeavors and execution of Bank’s work. The assistance also shall invariably cover the aspect of defending against such legal action initiated by outsiders/private parties with malafide intention on matters / issues arising out of bonafide business endeavors and execution of Bank’ s work. Adhering to the laid down guidelines and time tested systems and practices will enable an officer to take bonafide decisions.Here the loss incurred may be due to various other extraneous factors such as market conditions, payment defaults due to national/international

68

economic crisis etc which are beyond our control.The fraudsters with an intention to defraud for their immediate gains, through various modus operandi on the rise.We advise and caution our comrades to exercise due delidgence, up grading knowledge levels including technology, keeping abreast of day to events/developments etc., will strengthen preventive vigilance. Friends! It’s time we take up an aggressive campaign for the adherence to all the systems and procedures more so in the present context where the branches are flooded with the young officers who are yet to comprehend the implications of non adherence to systems and procedures. I also take this opportunity to convey my thanks to all our Secretariat members, EC members, activists and the Office Staff in Federation office specially Mr.G.B.Shyam Sundar, office Manager who assisted me in preparing the report and for conducting this grand gala Conference a memorable one. I conclude my report with the one of the famous quotes on leadership and unity.

ALONE WE CAN DO SO LITTLE : TOGETHER WE CAN DO SO MUCH

-- Helen Keller

With warm greetings,

Yours Comradely,

(N.V.SATYNARAYANA)

General Secretary

LONG LIVE ANDHRA BANK LONG LIVE FEDERATION

69


ADMINISTRATION OF SECRETARIAT

FUNCTIONAL DISTRIBUTION Organizational Matters

Sri R.Hanumantha Rao

Transfers Sri A. Jagannath

JCC Matters Sri M. Vijaya Sarathy

Individual Grievances Sri T. Niranjan Rao

Welfare Measures Sri B. Yeshwanth

Disciplinary Matters Sri R. Subba Rao &

Sri Prashanth Kumar Mishra

TERRITORIAL DISTRIBUTION Sri T. Niranjan Rao Visakhapatnam Circle

Sri R. Subba Rao Amaravathi Circle

Sri A. Jagannath Hyderabad Circle

Sri R. Hanumantha Rao Bengaluru Circle

Sri M. Vijaya Sarathy Telangana Circle

Sri Prashanth Kumar Mishra New Delhi Circle

Sri A. Maheswar Reddy Bhubaneswar Circle

Sri B. Yeshwant Mumbai Circle

Overall Coordination - Sri N.V. Satyanarayana

Overall Supervision - Sri N. Pradeep Kumar

Finance & Accounts - Sri T. Vijay Kumar

70

ALL INDIA ANDHRA BANK OFFICERS' FEDERATION COMPARATIVE MEMBERSHIP POSITION OF UNIONS AS ON 30-06-2018

S.NO. ZONE FEDERATION UNION NON‐MEMBERS

TOTAL

1 AHMEDABAD 136 1 79 2162 BANGALORE 345 9 8 3623 BERHAMPUR 169 15 39 2234 BHOPAL 162 4 60 2265 BHUBANESWAR 245 20 20 2856 CHANDIGARH 196 6 37 2397 CHENNAI 324 13 69 4068 COIMBATORE 214 25 2399 ELURU 357 8 36 40110 GUNTUR 439 4 8 45111 HEAD OFFICE 683 19 67 76912 HUBLI 102 4 29 13513 HYDERABAD‐I 500 29 18 54714 HYDERABAD‐II 264 9 22 29515 JAIPUR 133 3 41 17716 KAKINADA 487 5 5 49717 KARIMNAGAR 387 6 16 40918 KOCHI 133 2 3 13819 KOLKATA 286 2 9 29720 KURNOOL 350 10 20 38021 LUCKNOW 199 8 24 23122 LUDHIANA 163 4 61 22823 MEERUT 145 3 25 17324 MEHABOOBNAGAR 248 7 20 27525 MUMBAI 311 6 44 36126 NEW DELHI 400 6 59 46527 NIZAMABAD 248 4 26 27828 ONGOLE 343 30 7 38029 PATNA 195 6 9 21030 PUNE 167 4 35 20631 SAMBALPUR 134 23 22 17932 SECUNDERABAD 341 11 22 37433 SRIKAKULAM 265 3 12 28034 TIRUPATHI 306 11 11 32835 VIJAYAWADA 440 11 21 47236 VISAKHAPATNAM 354 6 8 36837 WARANGAL 317 4 18 339

TOTAL 10,488 316 1035 11,839

71

Tel: 040-23232704 & Fax: 040-23233836

OFFICE OF THE RETURNING OFFICER, ELECTION COMMITTEE ALL INDIA ANDHRA BANK OFFICERS’ FEDERATION

(Affiliated to All India Bank Officers’ Confederation) (Affiliated to AINBOF, a wing of AIBOC)

(RECOGNISED BY THE BANK) # 603 & 604, 6th Floor, Taramandal Complex, Saifabad,

Hyderabad–500 004.

Election Circular No.5/2018 Date: 04-03-2018 TO ALL MEMBERS -------------------------------------------------------------------------------------------------------------------------------

Dear Comrades,

ELECTIONS TO THE EXECUTIVE COMMITTEE FOR 3 YEARS’ TERM (2018-2021) - RESULTS Election process for elections to Executive Committee for 3 years’ term (2018-2021) was completed with the counting of votes on 3rd & 4th March, 2018. The list of contestants for the various posts together with the votes polled is furnished hereunder. THE NAMES OF THE SUCCESSFUL CANDIDATES DECLARED AS ELECTED ARE INDICATED IN BOLD LETTERS.

Total number of Members as on 31.12.2017 - 9879

Total number of Ballot Covers Received - 7267

Out of which invalid Ballot Covers - 319

(K. LAXMA REDDY) Returning Officer,

Election Committee.

Sl. No.

Staff Code No.

Nominee Place of work No. of valid votes

secured POST: PRESIDENT

1. 14551 Mr. N PRADEEP KUMAR 0139‐GAGANMAHAL ROAD, HYDERABAD 4628 2. 33399 Mr. RAHUL JAIN 1151‐SPL.HOUSING FINANCE BR, CHANDIGARH 1146 3. 17223 Mr. SURENDRA KUMAR CHOUDHURY 1604‐ZONAL OFFICE, BERHAMPUR 126

POST: VICE PRESIDENT (GENERAL)

1. 16328 Mr. ARUNA BHASKAR I 0276‐JANGAMPALLI 5678

2. 26782 Mr. K RAVI PRAKASH 0656‐YERPEDU 5612

3. 20699 Ms. NIRMALA MUNDARAGI 0485‐RAMANTHAPUR, HYDERABAD 5597

4. 13300 Mr. J SUDHEER 0814‐KOTHAPET, GUNTUR 5591

72

5. 33445 Mr. CHANDRA PRAKASH 1716‐PUNJABI BAGH, NEW DELHI 5518

6. 16989 Mr. SUBIMAL ADHIKARY 0062‐BALLYGUNJ, KOLKATA 5508

7. 10529 Mr. R.S. RAVINDRANATH 0019‐ASHOK NAGAR, CHENNAI 5421

8. 13870 Mr. CHITTA BALA GOPAL 1381‐BURHANPURAM, KHAMMAM 5386

9. 33146 Mr. DEEPAK PANDEY 2179‐HALALPUR 5250 10. 19818 Mr. I RAVINDRA BABU 1444‐NUNNA 1354 11. 19947 Mr. P BALA SUBRAHMANYAM 0411‐PENUGOLANU 1346 12. 18047 Mr. RAM SAHAI MEENA 2643‐JAGATPURA, JAIPUR 1344 13. 13768 Mr. ALOK SHARMA 0628‐VISWAS NAGAR, NEW DELHI 1340 14. 22511 Mr. KUMAR GAURAV 0595‐GAUHATI 1310 15. 33804 Mr. VIKRAM KUMAR 2435‐HARDOI 1250

POST: VICE PRESIDENT (LADY) 1. 16023 Ms. D PADMA 0604‐VIDYANAGAR, HYDERABAD 5308 2. 16805 Ms. K V SHARADA 0262‐JADCHERLA 1155 3. 15953 Ms. R S N D LAKSHMI KUMARI 2795‐GURUNANAK ROAD, VIJAYAWADA 207

POST: GENERAL SECRETARY 1. 10542 Mr. N V SATYANARAYANA 0604‐VIDYANAGAR, HYDERABAD 4491

2. 14987 Mr. SURESH BABU NELLURI 1097‐SHADNAGAR 1099

3. 07720 Mr. G RAMESH BABU 1598‐RETAIL CREDIT BR, HYDERABAD 111

4. 23851 Mr. AMIT KUMAR JHA 1999‐BHATAPARA 76

5. 17550 Mr. GURU BARI BEHERA 1604‐ZONAL OFFICE, BERHAMPUR 70

POST: DEPUTY GENERAL SECRETARY 1. 21124 Mr. T NIRANJAN RAO 6648‐R M D, HEAD OFFICE 5259

2. 09581 Mr. R SUBBA RAO 0226‐ZONAL OFFICE, GUNTUR 5210

3. 16393 Mr. A JAGANNATH 0840‐MASAB TANK, HYDERABAD 5074

4. 10541 Mr. R HANUMANTHA RAO 1340‐KALYAN NAGAR, HYDERABAD 5061

5. 12761 Mr. M. VIJAYA SARATHY 1594‐PERS BANKING BRANCH, BANJARA HILLS, HYDERABAD

4977

6. 31495 Mr. PRASHANT KUMAR MISHRA 2261‐RAPTI NAGAR, GORAKHPUR 4908

7. 33519 Mr. A MAHESWAR REDDY 0022‐ADILABAD 4904

8. 18566 Mr. B YESHWANTH 0321‐KACHIGUDA, HYDERABAD 4873 9. 24847 Mr. SANAKA UDAYA BHASKAR 0003‐AGIRIPALLI 1434 10. 22438 Mr. DHIRENDRA KUMAR YADAV 2274‐ZONAL OFFICE, BHOPAL 1264 11. 16242 Mr. RAJU BOMMALI 0633‐WALTAIR, VISAKHAPATNAM 1179 12. 17561 Mr. K RAMAKRISHNA REDDY 1556‐BODUPPAL, HYDERABAD 1126 13. 16883 Mr. V V RAMANA MURTY 1239‐MARTHOMA CENTRE, HYDERABAD 1050 14. 33598 Mr. VENKATA SUBRAHMANYAM THOTA 0845‐MULUND, MUMBAI 985 15. 27900 Mr. SHASHI KANT SINGH 2914‐JUNAGARH 505 16. 26334 Mr. PRAVEEN TIWARY 1693‐SAGAR 465

73

17. 31154 Mr. VIVEKANAND MISHRA 1909‐HOSHANGABAD 449 18. 29195 Mr. LAXMINARAYAN SINGH 3072‐KALYAN EAST, MUMBAI 417 19. 31402 Mr. SANDEEP VASHISTHA 2902‐RANIP, AHMEDABAD 393

POST: TREASURER

1. 14377 Mr. T VIJAY KUMAR 1282‐MADHAPUR HYDERABAD 5268 2. 15043 Mr. AMARDEV NADDLA 0534‐SOMAJIGUDA, HYDERABAD 1062 3. 14288 Mr. K MURALI KRISHNA 1006‐CORPORATE FINANCE BRANCH,

HYDERABAD 222

POST: ASST. TREASURER

1. 18639 Mr. S MURALIDHAR 0868‐MALLAPUR,

KARIMNAGAR ZONE

5354

2. 22749 Mr. VIRENDRA KUMAR RAKESH 1251‐CHANDRA MOULI NAGAR, GUNTUR 1322

POST: CIRCLE SECRETARY, BANGALORE

1. 16635 Mr. P RAGHAVENDRA 1435‐RAJARAJESWARI NAGAR UNOPPOSED

POST: CIRCLE SECRETARY, BHUBANESWAR

1. 18521 Mr. UTTAM MALLIK 1058‐SHAHEEDNAGAR 402 2. 17691 Mr. BIBHUDUTTA DAS 2719‐ZONAL OFFICE, BHUBANESWAR 180

POST: CIRCLE SECRETARY, HYDERABAD

1. 12239 Mr. S MEENESWARANATH 1611‐ZONAL OFFICE 944

2. 31040 Mr. D R DINESH 2265‐SME EXPRESS, HYDERABAD 96

POST: CIRCLE SECRETARY, MUMBAI

1. 30943 Mr. NILESH SHARMA 2455‐NEW NARODA, AHMEDABAD UNOPPOSED

POST: CIRCLE SECRETARY, NEW DELHI

1. 23738 Mr. GAUTAM RAM SOLANKI 2085‐NIWARU ROAD, JAIPUR 263 2. 23956 Mr. MANISH KUMAR JHA 1679‐CIVIL LINES, AGRA 190

3. 26558 Mr. AJIT KUMAR 2004‐ETAWAH 88

4. 24153 Mr. MUNESH KUMAR MEENA 2684‐SHAHPURA 34

POST: CIRCLE SECRETARY, TELANGANA

1. 11655 Mr. J SRINIVAS 0206‐HANAMKONDA 850 2. 33530 Mr. GENTALA SUNIL 0213‐HUZURABAD 55

POST: CIRCLE SECRETARY, VIJAYAWADA

1. 13565 Mr. K MALLIKARJUNA RAO 0555‐TENALI 830

2. 16185 Mr. G SEKHAR 1165‐KOTHAPET, VIJAYAWADA 98

POST: CIRCLE SECRETARY, VISAKHAPATNAM

1. 09190 Mr. M S BHASKARA RAO 1056‐A.U. CAMPUS, VISAKHAPATNAM UNOPPOSED

74

POST: ZONAL SECRETARY, AHMEDABAD 1. 33821 Mr. PARTH SARTHI 2279‐ZONAL OFFICE, AHMEDABAD 81

2. 33592 Mr. SONU KUMAR 2457‐KATARGAM 21

POST: ZONAL SECRETARY, BANGALORE 1. 14301 Mr. G KRISHNA KISHORE BABU 2073‐BTM 4TH STAGE 123 2. 16137 Mr. KISHORE 0692‐ZONAL OFFICE, BANGALORE 103

POST: ZONAL SECRETARY, BERHAMPUR 1. 18603 Mr. ASHWINI KUMAR NAIK 1604‐ZONAL OFFICE, BERHAMPUR 79 2. 26425 Mr. SANJAYA KUMAR SAHOO 2931‐ASKA ROAD, BERHAMPUR 54

POST: ZONAL SECRETARY, BHOPAL

1. 16515 Mr. YADAV SHASHI BHUSHAN 2203‐SHAHPURA, BHOPAL 47 2. 14589 Mr. OMPRAKASH SHARMA 2274‐ZONAL OFFICE, BHOPAL 40

POST: ZONAL SECRETARY, BHUBANESWAR 1. 08113 Mr. REBATI RAMAN PANDA 0048‐BHUBANESWAR UNOPPOSED

POST: ZONAL SECRETARY, CHANDIGARH 1. 23254 Mr. RAJ KUMAR MEENA 2970‐RORI BAZAAR, SIRSA 62

2. 24856 Mr. PEEYUSH KUMAR SINGHANIA 2605‐INDUSTRIAL AREA, PHASE‐I, CHANDIGARH

37

POST: ZONAL SECRETARY, CHENNAI

1. 18380 Mr. K.S. GOPIKRISHNAN 0784‐CHETPUT, CHENNAI 114

2. 33477 Mr. SELVA SEERALAN 2613‐TIRUVANNAMALAI 31

POST: ZONAL SECRETARY, COIMBATORE

1. 14322 Mr. P. ELANGOVAN 1176‐PEELAMEDU UNOPPOSED

POST: ZONAL SECRETARY, ELURU 1. 13701 Mr. CH ARJUNUDU 1455‐SERVICE CENTRE, ELURU UNOPPOSED

POST: ZONAL SECRETARY, GUNTUR 1. 14992 Mr. M V NIRANJAN KUMAR 0425‐PATTABHIPURAM, GUNTUR UNOPPOSED

POST: ZONAL SECRETARY, HEAD OFFICE

1. 14241 Mr. P V SUBBA RAO 6611‐LEGAL DEPARTMENT, HO UNOPPOSED

POST: ZONAL SECRETARY, HUBLI 1. 22929 Mr. P. THIRUMALA REDDY 0214‐HUBLI DHARWAR UNOPPOSED

POST: ZONAL SECRETARY, HYDERABAD-I 1. 15719 Mr. K SRINADH 0122‐DILSUKHNAGAR 279

2. 22944 Mr. M HATHIRAM 0522‐SANJEEVA REDDY NAGAR 21

POST: ZONAL SECRETARY, HYDERABAD-II

1. 16394 Mr. KRISHNA MOHANA RAO V 1585‐ZONAL OFFICE, HYDERABAD‐II UNOPPOSED

75

POST: ZONAL SECRETARY, JAIPUR 1. 22433 Mr. MUKUT BIHARI MEENA 2596‐MANSAROVAR 40

2. 22521 Mr. MOTILAL 1680‐BIKANER 26

3. 30179 Mr. AGAM KUMAR SINGH 2281‐ZONAL OFFICE, JAIPUR 23

POST: ZONAL SECRETARY, KAKINADA 1. 15998 Mr. V SATYANARAYANA MURTHY 6774‐CURRENCY CHEST, KAKINADA UNOPPOSED

POST: ZONAL SECRETARY, KARIMNAGAR 1. 33452 Mr. RAJKUMAR TIRTHALA 1478‐MANKAMMA THOTA UNOPPOSED

POST: ZONAL SECRETARY, KOCHI 1. 22667 Mr. S HASHIR 0460‐QUILON UNOPPOSED

POST: ZONAL SECRETARY, KOLKATA

1. 14157 Mr. CHINMOY BASU 0211‐HOWRAH UNOPPOSED

POST: ZONAL SECRETARY, KURNOOL

1. 16778 Mr. P SIVA BHASKAR 1521‐GPR ENGG COLLEGE, KURNOOL 187

2. 22973 Mr. K. VENU GOPAL REDDY 0487‐RAYADURG 20

POST: ZONAL SECRETARY, LUCKNOW

1. 22727 Mr. ABHISHEK DIXIT 1976‐ALIGANJ, LUCKNOW UNOPPOSED

POST: ZONAL SECRETARY, LUDHIANA 1. 31157 Mr. HIMANSHU KUMAR 2391‐SAMRALA 44

2. 28283 Mr. YATISH BHATT 2275‐ZONAL OFFICE, LUDHIANA 23

POST: ZONAL SECRETARY, MEERUT 1. 26523 Mr. ANKIT KUMAR 3017‐KUTBI 44

2. 31407 Mr. SUSHANT KUMAR GUPTA 0855‐MEERUT 16

POST: ZONAL SECRETARY, MEHABOOBNAGAR 1. 21231 Mr. DOMALA MINNAIAH 1431‐RAJENDRANAGAR UNOPPOSED

POST: ZONAL SECRETARY, MUMBAI 1. 15034 Mr. M VIJAYA KISHORE PILLAI 0672‐ZONAL OFFICE, MUMBAI 114 2. 23048 Mr. K VIDYA SAGAR 1138‐PRABHADEVI, MUMBAI 32

3. 32855 Mr. SANDESH BHASKAR BHALERAO 1618‐BHIVANDI 6

POST: ZONAL SECRETARY, NEW DELHI 1. 13552 Mr. HANSARAM * 2729‐RAMPHAL CHOWK, NEW DELHI 75

2. 31001 Mr. PAWAN TIWARI 1092‐PREET VIHAR, NEW DELHI 69

POST: ZONAL SECRETARY, NIZAMABAD

1. 19851 Mr. M APPA RAO 0749‐BADA BAZAR, NIZAMABAD UNOPPOSED

POST: ZONAL SECRETARY, ONGOLE

1. 14712 Mr. B SRINIVASULU REDDY 6926‐CURRENCY CHEST, ONGOLE UNOPPOSED

76

POST: ZONAL SECRETARY, PATNA 1. 22418 Mr. MANISH JAISWAL 2811‐MUSALLAHPURHAT 54 2. 26572 Mr. RAHUL KUMAR 2899‐ROHUA 46

3. 25617 Mr. DAYANAND SINGH 1632‐BHAGALPUR 3

POST: ZONAL SECRETARY, PUNE 1. 30315 Mr. ROHIT SRIVASTAVA 3114‐MARKET YARD, PUNE UNOPPOSED

POST: ZONAL SECRETARY, SAMBALPUR 1. 13404 Mr. SUSIL KUMAR RANA 2719‐ZONAL OFFICE, SAMBALPUR UNOPPOSED

POST: ZONAL SECRETARY, SECUNDERABAD 1. 08802 Mr. B VEERASWAMY 0435‐PRAKASHAM NAGAR 260 2. 12089 Mr. ADINARAYANA JAMMU 0545‐SITHAPHALMANDI 13

POST: ZONAL SECRETARY, SRIKAKULAM 1. 23557 Mr. O V K S R JOGI NAIDU P 2720‐ZONAL OFFICE, SRIKAKULAM 123 2. 26213 Mr. PALAKURTHI RAJESH BABU 2720‐ZONAL OFFICE, SRIKAKULAM 84

POST: ZONAL SECRETARY, TIRUPATHI 1. 14952 Mr. P MUNUSWAMY 2749‐RETAIL LOAN EXPRESS, TIRUPATHI UNOPPOSED

POST: ZONAL SECRETARY, VIJAYAWADA 1. 19634 Mr. B SESHA SAI 0319‐KOWTHARAM 852. 10962 Mr. JAGAN MOHAN RAO V 1609‐SPECIALISED RETAIL CREDIT, VJA 46

POST: ZONAL SECRETARY, VISAKHAPATNAM 1. 16197 Mr. D J SUNDARA RAO 6901‐CURRENCY CHEST, VISAKHAPATNAM UNOPPOSED

POST: ZONAL SECRETARY, WARANGAL 1. 14293 Mr. M GANESH KUMAR 0630‐WARANGAL 1702. 21975 Mr. B V MALLESWARA NAIK 1098‐TALLADA 11

POST: REGIONAL SECRETARY, WEST BENGAL 1. 17294 Mr. RAJIB MAJUMDAR 0673‐ZONAL OFFICE, KOLKATA UNOPPOSED

POST: REGIONAL SECRETARY, BIHAR STATE 1. 29047 Mr. ABHINAY KUMAR 1371‐SRIKRISHNA NAGAR, PATNA UNOPPOSED

POST: REGIONAL SECRETARY, JHARKHAND STATE 1. 22296 Mr. PAUL REGIS TETE 1397‐RAMGARH CANTONMENT UNOPPOSED

POST: REGIONAL SECRETARY, BHUBANESWAR 1. 12295 Mr. SATYANARAYAN PARIHARI 1058‐SHAHEEDNAGAR UNOPPOSED

POST: REGIONAL SECRETARY, SAMBALPUR 1. 33149 Mr. LOKESH KUMAR GUNJAN * 2719‐ZONAL OFFICE, SAMBALPUR UNOPPOSED

POST: REGIONAL SECRETARY, BERHAMPUR 1. 24250 Mr. SAMIR PATRA 1301‐UMARKOTE 75 2. 17697 Mr. RABINDRA NATH PANI 0172‐GOSANINUAGAON 64

POST: REGIONAL SECRETARY, SRIKAKULAM 1. 24440 Mr. KONDAVETI RAMESH 1427‐DIST COLLECTORATE, SRIKAKULAM UNOPPOSED

77

POST: REGIONAL SECRETARY, VIZIANAGARAM 1. 31373 Mr. TRINADH BALAGA 2852‐BHOGAPURAM 41 2. 14306 Mr. P V NARASIMHA RAO 0609‐VIZIANAGARAM 40

POST: REGIONAL SECRETARY, VISAKHAPATNAM 1. 16626 Mr. SUDHAKAR SALADI 2422‐RETAIL LOAN EXPRESS CENTRE,

VISAKHAPATNAM UNOPPOSED

POST: REGIONAL SECRETARY, KAKINADA 1. 19644 Mr. NAGA VENKATA SRINIVAS J 0677‐ZONAL OFFICE, KAKINADA UNOPPOSED

POST: REGIONAL SECRETARY, RAJAHMUNDRY 1. 15947 Mr. P VENKATESWARA RAO 0117‐DEVI CHOWK UNOPPOSED

POST: REGIONAL SECRETARY, ELURU 1. 33559 Mr. NVSA SRINIVAS BANDA 0079‐CHINTALAPUDI 72 2. 16835 Mr. RAMAYYA NAIDU KAMMILA 0123‐ELURU 67

POST: REGIONAL SECRETARY, BHIMAVARAM 1. 23291 Mr. ANKEM HARI KRISHNA 0912‐PEDDAPULLERU UNOPPOSED

POST: REGIONAL SECRETARY, VIJAYAWADA

1. 31038 Mr. MARRI RAVICHANDRA 2167‐RYTHUPETA 63

2. 10680 Mr. B KAMALAKARA RAO 0145‐GOVERNORPET 36

POST: REGIONAL SECRETARY, MACHILIPATNAM

1. 19622 Mr. K V L N SURESH BABU 0036‐BANTUMILLI 20

2. 12349 Mr. RAVI BABU MATHE 0146‐GUDIVADA 6

POST: REGIONAL SECRETARY, GUNTUR 1. 17188 Mr. V PREM KUMAR 2449‐ SME EXPRESS CENTRE, GUNTUR 207 2. 23377 Mr. KEDARI LAKSHMINARAYANA 0431‐PHIRANGIPURAM 9

POST: REGIONAL SECRETARY, TENALI 1. 10711 Mr. S DANAM 1146‐PRAKASAM ROAD, TENALI UNOPPOSED

POST: REGIONAL SECRETARY, ONGOLE 1. 13270 Mr. R RAJA RAO 0584‐UPPALAPADU UNOPPOSED

POST: REGIONAL SECRETARY, NELLORE

1. 14242 Mr. G LAKSHMAN KUMAR REDDY 1068‐V R COLLEGE, NELLORE UNOPPOSED

POST: REGIONAL SECRETARY, CHITTOOR

1. 14996 Mr. V SRIKANT 1466‐RASTRIYA SANSKRIT VIDYAPEETHA UNOPPOSED

POST: REGIONAL SECRETARY, KADAPA

1. 21007 Mr. PHANI KUMAR REDDY N H 1460‐NGO COLONY, KADAPA UNOPPOSED

POST: REGIONAL SECRETARY, CHENNAI

1. 14354 Mr. P.S. NANDA KUMAR 1277‐SENTHIL NAGAR, CHENNAI UNOPPOSED

POST: REGIONAL SECRETARY, COIMBATORE

1. 33410 Mr. R KARTHIK 1037‐S S I, COIMBATORE UNOPPOSED

78

POST: REGIONAL SECRETARY, BANGALORE

1. 13830 Mr. B M V R SESHAGIRI RAO 1678‐SAHAKAR NAGAR 98

2. 32709 Mr. ALLAMSETTI NEERAJ 2731‐SME EXPRESS, BANGALORE 75

POST: REGIONAL SECRETARY, KARNATAKA 1. 12337 Mr. K N GURUPRASAD 1851‐HINKAL UNOPPOSED

POST: REGIONAL SECRETARY, ANANTAPUR 1. 14899 Mr. M V L N SRINIVASA RAO 1477‐ASHOK NAGAR, ANANTAPUR UNOPPOSED

POST: REGIONAL SECRETARY, KURNOOL 1. 13186 Mr. M NAGESWARA RAO 0390‐NANDIKOTKUR UNOPPOSED

POST: REGIONAL SECRETARY, MAHABUBNAGAR 1. 26205 Mr. RATNA MAHIPAL 0169‐KILLA GHANPUR UNOPPOSED

POST: REGIONAL SECRETARY, NALGONDA 1. 22918 Mr. R. DEVASINGH NAIK 1787‐ASHOK NAGAR, MIRYALAGUDA UNOPPOSED

POST: REGIONAL SECRETARY, HYDERABAD CENTRAL 1. 24286 Mr. K PRASHANTH 1103‐SECRETARIAT, HYDERABAD UNOPPOSED

POST: REGIONAL SECRETARY, SOMAJIGUDA 1. 14307 Mr. CH DIWAKAR RAO 0218‐JUBILEE HILLS, HYDERABAD 1292. 11794 Mr. S VENKATESWARLU 1612‐M L A COLONY, HYDERABAD 12

POST: REGIONAL SECRETARY, RANGA REDDY EAST 1. 26187 Mr. K VIJAYA KUMAR 2409‐GADDI ANNARAM 932. 30435 Mr. N BHASKAR 0192‐KOTHAPET, HYDERABAD 6

POST: REGIONAL SECRETARY, RANGA REDDY WEST 1. 24088 Mr. I HARIKRISHNA 0819‐KODANGAL 932. 25565 Mr. LANKAPALLI ANIL KUMAR 1393‐SHANKARAPALLI 6

POST: REGIONAL SECRETARY, SECUNDERABAD EAST 1. 26186 Mr. M KARUNAKAR 0195‐PETBASHIRABAD UNOPPOSED

POST: REGIONAL SECRETARY, SECUNDERABAD WEST 1. 16842 Mr. D V RAGHAVA 0327‐KAPRA SAINIKPURI UNOPPOSED

POST: REGIONAL SECRETARY, PATTABHI BHAVAN 1. 28506 Mr. VENKATA REDDY CHAGAMREDDY 6648‐R.M.D., HO UNOPPOSED

POST: REGIONAL SECRETARY, KOTI

1. 15115 Mr. K SRINIVASA RAO ATM CELL UNOPPOSED

POST: REGIONAL SECRETARY, D.I.T.

1. 32917 Mr. NARESH KUMAR SIDDA 6635‐D.I.T., HO UNOPPOSED

POST: REGIONAL SECRETARY, WARANGAL

1. 21527 Mr. B BHADRU 1318‐COLLECTORATE BRANCH 89

2. 14051 Mr. S DAMODER REDDY 0239‐ZONAL OFFICE, WARANGAL 2

POST: REGIONAL SECRETARY, KHAMMAM

1. 17549 Mr. R MADHAVA RAO 2146‐ROTARY NAGAR 106

2. 20860 Mr. S VENKATA RAJU 6931‐CURRENCY CHEST, KHAMMAM 3

79

POST: REGIONAL SECRETARY, KARIMNAGAR

1. 32666 Mr. VAMSI KRISHNA GOPAL 0368‐METPALLI 204

2. 28932 Mr. RATHNAM KADAMANDA 0624‐VEENAVANKA 9

POST: REGIONAL SECRETARY, ADILABAD 1. 29210 Mr. A NIKHIL KUMAR 0235‐INDRAVALLI 1082. 19762 Mr. A R K VARA PRASAD 0457‐POTHAKAPALLI 7

POST: REGIONAL SECRETARY, NIZAMABAD 1. 30488 Mr. K MAHENDHAR 1602‐ZONAL OFFICE, NIZAMABAD UNOPPOSED

POST: REGIONAL SECRETARY, MEDAK 1. 30866 Mr. RANJIT KUMAR PALA 2251‐BONTHAPALLY UNOPPOSED

POST: REGIONAL SECRETARY, MUMBAI 1. 26826 Mr. PRAVEEN KETHAVATH 0593‐JUHUVILLE PARLE, MUMBAI UNOPPOSED

POST: REGIONAL SECRETARY, DELHI 1. 25614 Mr. NISHANT 1597‐RETAIL CREDIT BR, NEW DELHI 872. 29258 Mr. JATA SHANKAR JHA 2806‐ROHINI SEC 11 64

POST: REGIONAL SECRETARY, HARYANA 1. 31176 Mr. SUMIT MAHAJAN 2033‐ASSANDH UNOPPOSED

POST: REGIONAL SECRETARY, UTTARAKHAND 1. 33400 Mr. SHOBHIT SHARMA 1690‐ROORKEE 82. 31643 Ms. NISHA SINGH 2418‐HARIDWAR ROAD, DEHRADUN 5

POST: REGIONAL SECRETARY, M.P. STATE 1. 31327 Mr. MRITUNJAY KUMAR SINGH 0047‐BHOPAL UNOPPOSED

POST: REGIONAL SECRETARY, CHATTISGARH 1. 18403 Mr. NAGARCHI SUSHIL KUMAR 0740‐BHILAI UNOPPOSED

POST: REGIONAL SECRETARY, PUNJAB STATE 1. 29294 Mr. RITESH MODI 2181‐MULLANPUR 412. 30988 Mr. GAURAV GIRDHAR 2224‐FARIDKOT 18

* NOTE: Received complaint against the members for non-participation in strikes/publishing voted official ballot paper in WhatsApp Group. The Election Committee had decided to hand over the complaints file with status report of our process note through newly elected General Secretary to the newly elected Executive Committee for necessary action regarding their disqualification/necessary action as per the Byelaws of the Federation.

Thanking you,

(K. LAXMA REDDY) Returning Officer

(K.V. SUBBAIAH)

Member

(P.V. RAMANA RAO)

Member ELECTION COMMITTEE

# # #

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EXECUTIVE COMMITTEE MEMBERS – 2018-21

POST NAME PLACE OF WORK TELEPHONE NO. STD OFFICE RESIDENCE MOBILE NO.

Chairman

President N Pradeep Kumar Gaganmahal Road, Hyd-I 040 23421118 23421121

27178062 9949911722

Vice President Aruna Bhaskar I Manikonda, Hyderabad-II 08413 232684 9866631433

“ K Ravi Prakash Yerpedu, Tirupathi Zone 08578 287532 8886010111

Nirmala Mundaragi Ramanthapur, Secunderabad 040 23468643/5 8501091999

J Sudheer Kothapet, Guntur 0863 2224600 9491669990

“ Chandra Prakash Punjabi Bagh, New Delhi 011 25225740 9873168549

“ Subimal Adhikary Ballygunj, Kolkata 033 24642687 9831894698

“ R S Ravindranath Ashok Nagar, Chennai 044 24717579 8885425342

“ Chitta Bala Gopal Syamala Nagar, Guntur 0863 2232411 9160076566

“ Deepak Pandey Jind 01681 245241 8683904844

Vice President (Lady) D Padma Chikkadpally, Hyderabad-I 040 23468710/13 9441037649

General Secretary N V Satyanarayana Vidyanagar, Hyderabad-I 040 23232704 9441146691

Dy. General Secretary T Niranjan Rao R.M.D., Head Office 040 23243038 9849457555

“ R Subba Rao Zonal Office, Guntur 0863 2226049 2226602

9491316345

“ A Jagannath Masab Tank, Hyderabad-I 040 23421154/56 67468217 9490192668 9100040668

“ R Hanumantha Rao Currency Chest, Tirupathi 0877 2247918 9848438408

“ M. Vijaya Sarathy Personal Banking Branch, Hyd-I 040 23421291 9908421217

“ Prashant Kumar Mishra Rapti Nagar, Gorakhpur 0551 7674922055

81

Dy. General Secretary A Maheswar Reddy Forex Monitoring Cell, HO 040 23242059 7702789160 9573143444

“ B Yeshwanth Hyderabad-I 040 23468570/71 9440685447

Treasurer T Vijay Kumar Madhapur, Hyderabad-II 040 23111246 9440063499

Asst. Treasurer S Muralidhar Saifabad, Hyderabad-I 040 23421115 9441011774

CIRCLE SECRETARIES STD OFFICE RESIDENCE MOBILE NO.

Bangalore P Raghavendra Rajarajeswari Nagar, Bangalore 080 22959663 7411973127 7411973647

Bhubaneswar Uttam Mallik Shaheednagar, Bhubaneswar 0674 2537916 2588155 9437492025

Hyderabad S Meeneswaranath Zonal Office, Hyderabad-I 040 23468585 9849735797

Mumbai Nilesh Sharma Gotegaon, Bhopal Zone 9893292759

New Delhi Gautam Ram Solanki Niwaru Road, Jaipur 0141 2348563 9502121119 9502121119

Telangana J Srinivas Hanamkonda, Warangal 0870 2577559 9908695499

Vijayawada K Mallikarjuna Rao Tenali 08644 227577 7382039165 9440439165

Visakhapatnam M S Bhaskara Rao A.U. Campus, Visakhapatnam 0891 2546747/48 2503369 9440088470

ZONAL SECRETARIES

Ahmedabad Parth Sarthi Zonal Office, Ahmedabad 079 26651221/10 9430321686

Bangalore G Krishna Kishore Babu B T M 4th Stage, Bangalore 080 22959600 8884722214

Berhampur Ashwini Kumar Naik Zonal Office, Berhampur 0680 2221849 9977859099

Bhopal Shashi Bhushan Yadav Shahpura, Bhopal 0755 2427761 9425393940

Bhubaneswar Rebati Raman Panda Bhubaneswar Main 0674 2537937 9438134032

Chandigarh

Chennai K.S. Gopikrishnan Chetput, Chennai 044 28191161 9840606009

Coimbatore P. Elangovan Peelamedu 0422 2573952 9789568729

Eluru Ch Arjunudu Main Branch, Eluru 08812 222426 9440571278

Guntur M V Niranjan Kumar Pattabhipuram, Guntur 0863 2231469 9989855177

82

Head office P V Subba Rao Legal Department, Head Office 040 23252336 9441214494

Hubli P. Thirumala Reddy Hubli Dharwar 0836 2352893 9620082805

Hyderabad-I K Srinadh Hyderguda 040 23421117/24 24028872 9666180916

Hyderabad-II V Krishna Mohana Rao Zonal office, Hyderabad-II 040 23467831 9440111138

7799458019

Jaipur

Kakinada V Satyanarayana Murthy Currency Chest, Kakinada 0884 2384600 9492776503

Karimnagar Rajkumar Tirthala Mankammathota, Karimnagar 0878 2269080 9908692120

Kochi S Hashir Quilon 0474 2740931 9789053588

Kolkata Chinmoy Basu Howrah 033 26518157 9832422815

Kurnool P Siva Bhaskar G.P.R. Engineering College 08518 289564 9848451885

Lucknow Abhishek Dixit Aliganj, Lucknow 0522 2329420 9368694121

Ludhiana Himanshu Kumar Samrala 01628 261111 7508638157 7508638157

Meerut Ankit Kumar 8077985707

Mehaboobnagar D Minnaiah Rajendra Nagar, Mehboobnagar 08542 221502 9059812922

Mumbai M Vijaya Kishore Pillai Zonal Office, Mumbai 022 9757259420

New Delhi Hansaram ** Ramphal Chowk, New Delhi 011

Nizamabad M Appa Rao Bada Bazar, Nizamabad 08462 246365

245335

9440139732

Ongole B Srinivasulu Reddy Currency Chest, Ongole 08592 281919 283013 9848038355

Patna Manish Jaiswal Musallahpurhat, Patna 9006552912

Pune Rohit Srivastava Market Yard, Pune 9415066996

Sambalpur Susil Kumar Rana Zonal Office, Sambalpur 0663 2541807 7008401524

Secunderabad B Veera Swamy Prakasham Nagar 040 23468737 9989585001

Srikakulam O V K S R Jogi Naidu P Zonal Office, Srikakulam 08942 270919 9866648399

83

Tirupathi P Munuswamy Retail Loan Express, Tirupathi 0877 2247999 9440507908

Vijayawada B Sesha Sai Tadigadapa, Vijayawada 0866 2583418 8247558785

Visakhapatnam D J Sundara Rao Currency Chest, Visakhapatnam 0891 2546734 9440351941

Warangal M Ganesh Kumar Warangal Main 0870 2562481 9440663468

REGIONAL SECRETARIES

West Bengal Rajib Majumdar Zonal Office, Kolkata 033 22896317 8981091961 9830962203

Bihar State Abhinay Kumar Srikrishna Nagar, Patna 0612 2530239 9304694968

Jharkhand State Paul Regis Tete Kanke Road, Ranchi 0651 2233531 9386514174

Bhubaneswar Satyanarayan Parihari V S S Nagar, Bhubaneswar 0674 2582754 9437672107

9937889407

Sambalpur Lokesh Kumar Gunjan ** Zonal Office, Sambalpur 0663 2541807 9811522224

Berhampur Samir Patra Umarkote 06866 271160 9899224313

Srikakulam Kondaveti Ramesh Dist Collectorate 08942 240584 9492864808

Vizianagaram Trinadh Balaga Bhogapuram 08922 240455 7093097757

Visakhapatnam Sudhakar Saladi R.L.E., Visakhapatnam 0891 6005004 9492160390

Kakinada J N V Srinivas Zonal Office, Kakinada 0884 2386500 7382141271

Rajahmundry P Venkateswara Rao Devi Chowk 0883 2442267/68 9866957684

Eluru N V S A Srinivas Banda C.R. Reddy College 08823 222242 9963812797

Bhimavaram Ankem Hari Krishna Peddapulleru 08816 276230 9494815199

Vijayawada Marri Ravichandra Rythupeta 08678 279779 9951177744

Machilipatnam K V L N Suresh Babu Founder's Br, Machilipatnam 08672 232221 9951036038

Guntur V Prem Kumar SME Express Centre, Guntur 0863 2212622 7382118044

Tenali S Danam Prakasam Road, Tenali 08644 227581 9440030162

84

Ongole R Raja Rao Uppalapadu 08499 240007 9440550347

Nellore G Lakshman Kumar Reddy V R College, Nellore 0861 2326740 9440135050

Chittoor V Srikant Rastriya Sanskrit Vidyapeetha 0877 2247976 9000949950

Kadapa

Chennai P S Nanda Kumar Senthil Nagar, Chennai 044 26379809 8122884971

Coimbatore R Karthik S S I, Coimbatore 0422 2545426 9843120701

Bangalore B M V R Seshagiri Rao Sahakar Nagar 080 22959629 9148809012

Karnataka K N Guruprasad Hinkal 0821 2511601 2334321 9483901500

Anantapur M V L N Srinivasa Rao Ashok Nagar 08554 244588 9866366843

Kurnool M Nageswara Rao Currency Chest, Kurnool 08513 289571 9989219758

Mahabubnagar Ratna Mahipal Killa Ghanpur 08545 224832 9492030330

Nalgonda R. Devasingh Naik Ashok Nagar, Miryalaguda 08689 232288 7680004748

Hyderabad Central

Somajiguda Ch Diwakar Rao Jubilee Hills, Hyderabad-I 040 23421194/96 9849704148

Ranga Reddy East K Vijaya Kumar Satavahana Nagar 040 9963512391

Ranga Reddy West I Harikrishna Hastinapuram 040 20062523 9550915403

Secunderabad East M Karunakar Petbashirabad 040 27165222 9700088936

Secunderabad West D V Raghava Kapra Sainikpuri 040 27138919 8978841599

Pattabhi Bhavan Ch Venkata Reddy R.M.D., HO 040 23243038 9014305550

Koti K Srinivasa Rao ATM Cell, Koti 040 24766018 9492939410

D.I.T. Naresh Kumar Sidda D.I.T., HO 040 23122262/96 9187111111

85

Warangal B Bhadru Collectorate Br, Warangal 0870 2511800 9849087883

Khammam R Madhava Rao Rotarynagar 08742 237595 9440106535

Karimnagar Vamsi Krishna Gopal Metpalli 08725 225075 7989891200

Adilabad A Nikhil Kumar Indravalli 08731 277429 7382208935

Nizamabad K Mahendhar Zonal Office, Nizamabad 08462 243370/71 9703034765

Medak Ranjit Kumar Pala Bonthapally 08458 275566 9618027772

Mumbai Praveen Kethavath Juhuville Parle, Mumbai 022 26208275 8466990684

Delhi Nishant Spl. Housing Finance Br, Noida 0120 9717118331 8368379311

Haryana Sumit Mahajan Chota Korwa 7986546582

Uttarakhand Shobhit Sharma Roorkee 01332 260020 9760504282 8630904149

M.P. State

Chattisgarh Nagarchi Sushil Kumar Bhilai 0788 2261508 7974823143

Punjab State Ritesh Modi Mullanpur 0160 2254054 8725071301 7528973020

CO-OPTED MEMBERS AS PER CLAUSE NO.8 (III) (F) (i), (ii), (iii) & (iv) OF BYELAWS:

M. Jeevan Sandeep Anandapuram, Vizag Zone 0891 6005004 9052064994

M. George William RCB Ravulapalem 08855 255421 9440021076

S. Joshi Hemanth B Nidamanuru 08592 250467 9440202005

Chegonda Venkatesh Julapalli, Karimnagar Zone 08728 285034 9573079003

K. Rajesh Maidpalli, Karimnagar Zone 08724 286226 9848088257

Chawan Chandra Shekar Chintal, Secunderabad 040 23468515 9949321921

K. Kalyani Zonal Office, Hyderabad-I 040 23468585 9490475646

86

Jyoti Dixit Spl. Housing Finance Br, Noida 0120 9718251999

Itishree Mishra C.V. Raman Nagar, Bangalore 080 22959723 9611646879

G. Ramya Retail Loan Express Centre, Hyd 040 23421224 8121585219

K. Jagannatha Rao Inspection Dept., Head Office 040 24683406 9440357442

G. Uma Maheswara Rao Apex College, Hyderabad 040 23468504 8179766126

Anup Kumar Pushpanjali Enclave, New Delhi 011 22378803 8470003660

Harsha Vardhan T Corporate Finance Branch, Hyd 040 23375180 9963306242

Satyam Kumar Deoghar, Patna Zone 7051052995 9419269584

P. Rajesh Babu Zonal Office, Srikakulam 08942 270919 9666435845

Sanjaya Kumar Sahoo IRC Village, Bhubaneswar 0674 2537917 9861822269

SPECIAL INVITEES:

Coordinator, Scale IV Officers

D.V. Ranga Rao Staff Training Centre, Vizag 0891 2546739/40 9849132164 8885032164

Convenor, Education Wing

D.V. Ranga Rao Maredpalli, Secunderabad 040 23468730/31 9000594353

87

88

89

90

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ALL INDIA ANDHRA BANK OFFICERS' FEDERATION

DRAFT AMENDMENTS TO BYE-LAWS TO 12th ALL INDIA CONFERENCE

(RECOMMENDED BY EXECUTIVE COMMITTEE)

5. IV. REMOVAL OF MEMBERSHIP Any member shall be removed from the register of members in the following cases.

a) If the member submit his/her resignation in writing.

b) If the member ceases to be an employee of Andhra Bank.

c) If any act of the member is detrimental to the Federation.

d) If the subscription of the members is in arrears for a continuous period of 3 months. The Executive Committee may, however, readmit such member on his/her paying arrears of subscription.

e) No member shall be removed from the register of members as mentioned above unless he/she has been given a fair opportunity to explain his/her acts therefore.

f) The Executive Committee is the competent authority to remove any member on any of the above grounds subject to the ratification of immediate All India Conference/General Council.

g) Any member removed shall have the right to appeal in the said All India Conference / General Council.

5. IV. REMOVAL OF MEMBERSHIP Any member shall be removed from the register of members automatically in the following cases.

a) -----SAME-----

b) -----SAME-----

c) If any act of member is detrimental to the Federation he/she shall not be removed from the register unless he/she has been given a fair opportunity to explain his/her acts therefore.

d) If the subscription of the members is in

arrears for a continuous period of 3 months, he/she shall be removed from the register of members automatically.

e) -----DELETE-----

f) The Executive Committee is the competent authority to remove any member under clause No.C subject to the ratification of immediate All India Conference/General Council after he/she has been given a fair opportunity to explain his/her acts therefore.

g) -----SAME-----

92

8 I D. ALL INDIA CONFERENCE However, in special circumstances if situation warrants, All India Conference shall be conducted with Business Session only.

8 I D. ALL INDIA CONFERENCE In addition to the All India Conference, in special circumstances, if situation warrants, All India Conference shall be conducted with Business Session only and the Executive Committee is the competent body to take such a decision.

11. ELECTIONS: (M) The President, General Secretary and Treasurer are the principle office-bearers. Any member who holds any post as principle office-bearer for two consecutive terms shall not be eligible to contest for a third consecutive term for the same post.

11. ELECTIONS: (M) The President, General Secretary and Treasurer are the principle office-bearers. Any member who holds any post as principle office-bearer for two consecutive terms shall not be eligible to contest for a third consecutive term for the same post .Any member who is having at least minimum 3 years of continuous membership as on the date of election notification is only eligible to contest for any of the principle office bearers post.

93

ORGANISING COMMITTEE CONSTITUTED ARRANGEMENTS ARE IN FULL SWING

We are glad to inform you that the meeting of office bearers/activists of the twin cities is conducted on 19.06.2018 at our Federation Office and a full fledged Organizing Committee had been formed to ensure the grand success of the Conference. The names of Committees, in-charges and Members are furnished hereunder for information of officers.

ORGANIZING COMMITTEE President : Com. N. Pradeep Kumar

Mobile: 9949911722 Co-Ordinator : Com. N.V. Satyanarayana

Mobile: 9441146691 ACCOMMODATION COMMITTEE: INCHARGE : Com. A. Jagannath Mobile: 9490192668 MEMBERS : Com. K. Vijaya Kumar, Hastinapuram

Com. T. Harshavardhan, Corp. Finance Br Com. Ch. Venkata Reddy, RMD, HO

Com. K. Prashanth, SSI Mallapur Com. R. Hariparvatheswar, Ring Road, Karmanghat Com. K. Koteswara Rao, ZO, Hyderabad-I

Com. B. Bhargava Nayak, Bakaram Com. P. Hari, Masab Tank Com. G.V.S.G. Udaya Sankar, Somajiguda Com. S. Uday Bhaskar Reddy, Khajaguda Com. K. Sivanarendranath, RLE, Hyderabad Com. Vasireddy Srikrishna, Kaprasainikpuri CAMPAIGN COMMITTEE (PRESS & PUBLICITY): INCHARGE : Com. B. Yeshwanth Mobile: 9440685447 MEMBERS : Com. D. Padma, Chikkadpally Com. D.V. Raghava, SARM Com. P. Janardhana Rao, Marthoma Centre Com. K. Ram Mohan Acharya, Maruti Nagar Com. B. Sameera, Film Nagar Com. V.S.R. Murthy, Circle Office, Hyderabad Com. R. Yellamanda Reddy, ZO, Hyderabad-II Com. Shrikant, Marketing Dept, HO Com. Ravula Subhash, Tarnaka Com. D. Satyanarayana, HMT Com. P.V. Prabhakar, Corporate Finance Br.

94

Com. K. Sai Baba, ZO, Hyderabad-I Com. T. Tirumala Rao, Circle Office, Hyderabad Com. M. Hathiram, S.R. Nagar Com. P. Siva Sankar, Charminar FINANCE COMMITTEE: INCHARGES : Com. T. Vijay Kumar Mobile: 9440063499

Com. S. Muralidhar Mobile: 9441011774 CULTURAL COMMITTEE: INCHARGES : Com. K. Jagannatha Rao Mobile: 9440357442

Com. G. Uma Maheswara Rao, Mobile: 8179766126

MEMBERS : Com. Y. Ananda Reddy, ZO, Hyd-I

Com. T lakshmi Prasanna, Corporate Planning Dept, HO Com. K. Vijaya Jyothi, GM's Secretariat, HO Com. Abdul Majeed, RMD, HO Com. Banoth Ramesh, Mahendra Hills Com. Kishore, Retail Credit, HO Com. T. Madhuri, Moosarambagh Com. P. Tata Rao, FRMD, HO Com. Y.S. Nagamani, Kothapet Com. K. Rajasekhar, Corporate Communications, HO Com. Ramesh Kasturi, Corporate Communications, HO

WOMEN’S’ COMMITTEE: INCHARGES : Com. D. Padma

Mobile: 9441037649 Com. M. Nirmala

Mobile: 8501091999

Com. K. Kalyani Mobile: 9490475646

Com. G. Ramya Mobile: 8121585219

MEMBERS : Com. Ch. Sarada Venkata Lakshmi V, Corporate Communications, HO

Com. Shobha Rani, ATM Cell, HO Com. S.V. Rajeswari, HR Dept., HO Com. V. Ranga Rani, Barkatpura

95

Com. M. Lakshmi Kumari, Moosarambagh Com. A. Madhavi Devi, RMD, HO Com. K. Karuna, Narayanguda Com. M. Lakshmi Yasaswi, Retail Credit, HO Com. V. Swathi, Dilsukhnagar Com. Venkata Kala, M J Road Com. S. Sravani, C & I F D, HO Com. V. Jyothi, Santosh Nagar Com. G. Jahnavi Latha, Mehdipatnam Com. P. Vaishnavi, Khanamet Com. V. Nalini, Kothaguda Com. P. Teja Sree, ZO, Hyderabad-II Com. B. Ankitha, ZO, Hyderabad-II Com. N. Indira, Nacharam Com. I. Vedavathi, Kachiguda

Com. A. Aruna, Bachupalli Com. N. Anitha, Somajiguda Com. D. Greeshma, Bagh Amberpet Com. G. Sujatha, Hyderguda Com. V. Mary Kalavathi, S.R. Nagar Com. G. Suneetha Ram, Vidyanagar Com. G. Neelima, Spl. Agricultural Finance Br Com. K. Krishna Kumari, Kukatpally Com. T. Naga Lakshmi, Habsiguda Com. M.D.J. Lakshmi Pasupuleti, Banjara Hills Com. Arimita Sen, Vikas Nagar Com. G. Mamatha, Saroornagar Com. B. Aditya Kumari, Turkayamjal Com. C. Bhanu Sreeramya, Shamshabad Com. A. Gowthami Priyanka, Manikonda

Com. N. Varuna Jyothi, Borabanda GIFTS AND MEMENTOS COMMITTEE: INCHARGE : Com. T. Niranjan Rao, Mobile: 9849457555 MEMBERS : Com. S. Meeneswarnath, ZO, Hyd-I Com. S. Ramesh, Financial Inclusion Cell, HO Com. K. Mallikarjuna Rao, Corporate Finance Br Com. K. Muralidhar, Bandlagudem Com. I. Harikrishna, Satavahana Nagar Com. N. Bhaskar, Turkayamjal Com. Ramesh, Turmamidi Com. D. Mahesh, Rajendra Nagar Com. R. Venkata Ramana, Attapur Com. C. Venkata Kalyani, Miyapur Com. S. Sandhya, Gachibowli Com. L. Anil Kumar, Shankarapalli Com. M. Kiran Manohar, L.B. Nagar Com. B. Praveen Kumar Reddy, ZO, Hyderabad-II Com. P. Ajay, ZO, Hyderabad-II

96

RECEPTION AT SECUNDERABAD RAILWAY STATION: INCHARGES : Com. M. Karunakar, Petbashirabad Mobile: 9700088936

Com. Naresh Kumar Sidda, DIT, HO Mobile: 9187111111 Com. I. Hari Krishna, Satavahana Nagar Mobile: 9550915403 RECEPTION AT KACHIGUDA RAILWAY STATION: INCHARGES : Com. K. Vijaya Kumar, Hastinapuram Mobile: 9963512391

Com. T. Harshavardhan, Corp. Finance Branch Mobile: 9963306242

Com. C. Venkata Reddy, RMD, HO Mobile: 9014305550 CAMPAIGN IN HYDERABAD-I & II, SECUNDERABAD ZONES AND HEAD OFFICE: INCHARGES : Com. K. Srinadh, Mob No.9666180916 Com. V. Krishna Mohana Rao, Mob No.9440111138

Com. B. Veeraswamy, Mob No.9989585001 Com. P.V. Subba Rao, Mob No.9441214494

MEMBERS : Com. Ch. Diwakar Rao, Jubilee Hills Com. K. Kalyani, ZO, Hyderabad-I Com. G. Ramya, RLE, Hyderabad Com. K. Vijaya Kumar, Hastinapuram Com. I. Hari Krishna, Satavahana Nagar Com. M. Karunakar, Petbashirabad Com. D.V. Raghava, SARM Com. Ch. Venkata Reddy, RMD, HO Com. K. Srinivasa Rao, ATM Cell, HO

Com. Naresh Kumar Sidda, DIT, HO STAGE & VENUE DECORATION COMMITTEE: INCHARGE : Com. M. Vijaya Sarathi, Mobile: 9908421217 MEMBERS : Com. Ch. Diwakar Rao, Jubilee Hills

Com. Balla Ramesh, Ameerpet Com. C. VIswanadha Rao, R.P. Road Com. T.V.S. Prakasha Rao, Tirumalgherry Com. Y. Veera Raghava, NIMS Br Com. K. Dayananda Rao, R.P. Road Com. B. Satyanarayana, Krishna Nagar Com. T. Madhuri, Moosarambagh

97

Com. D. Yogeswara Rao, Balanagar Com. B. Venkata Ramanaiah, JNTU Com. Raman Anish, Pragathi Nagar Com. Kiranmayie Sai Sarisa, KPHB 9th Phase Com. S. Chinna Babu, Jubilee Hills Road No.45

Com. Srinu Naik Ramavath, Jayanagar REGISTRATION COMMITTEE : INCHARGE : Com. A. Maheswar Reddy Mobile: 9573143444 MEMBERS : Com. M. Nirmala, Ramanthapur Com. D.V. Ranga Rao, Marredpally

Com. H. Anil Kumar, Service Centre, Hyderabad Com. M. Keerthi Vandana, Diamond Point Com. Banoth Kumaraswamy, Yapral Com. P. Praveen, West Marredpally Com. K. Chaitanya Navuluri, KPHB Colony Com. Shaik Abdul Shukkur, Madepalli Com. Kosaraju Ajay, Bapujinagar Com. T. Babu Rao, ZO, Secunderabad Com. Shujath Hussain, Moosapet Com. G. Suresh, Shivam Road

Com. Shaik Mastan Vali Saheb, MLA Colony Com. M. Veeranna, Dammaiguda Com. S. Shiva, Rajeev Nagar, Secunderabad Com. M.R. Shivakumar, Saifabad FOOD COMMITTEE: INCHARGE : Com. I. Aruna Bhaskar, Mobile: 9866631433 MEMBERS : Com. K. Ramakrishna Reddy, Habsiguda Com. M.V. Subbaraman, ZO, Secunderabad Com. K. Audiseshaiah, Gagan Mahal Com. M Madhusudhan Reddy, Nampally Com. D. Venkateshwarlu, Himayatnagar Com. T. Ranga Prasad, Kendriya Sadan Com. B. Rama Murthy, Currency Chest, Balanagar Com. Chawan Chandra Sekhar, Chintal Com. S. Giddiah Setty, Currency Chest, Narayanguda Com. A.S.S.V.N.S.R. Madhu, Jubilee Hills

Com. Pradeep Kumar Singh, Tolichowk Com. Mohd Nizamuddin, Jayanagar

Com. K. Manohar, Kokapet Com. I. Srinivasa Rao, Chandrapuri Colony Com. Y. Uttam Kumar, Nadergul Com. M.V. Chalapathi Rao, Amanagal Com. K. Venkata Ratnam, L B Nagar Com. E. Raja Kishore Naidu, Corporate Finance Br. Com. P. Bikshapathi, SME Express Com. Y. Narsireddy, Jammigadda

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However, in-charges are free to draw activists of Federation working in Hyderabad into their functional committees. Dear Comrades, we are pleased to inform you that the respective leaders have already began the process to complete their assigned task. We appeal to all activists in Hyderabad to come forward to work voluntarily and associate themselves in the respective functional committees, as the All India Conference is our own family function. We appeal to all the members attending the Conference to contact their respective Zonal Secretary/Regional Secretaries for any assistance with regard to accommodation and travel arrangements. The Accommodation Committee is making elaborate arrangements for comfortable stay of the delegates at Hyderabad. All delegates must inform in advance to their respective Zonal Secretary/Regional Secretaries in this regard. In emergency, they may contact Com. A. Jagannath, at Mobile Number 9490192668 for any assistance. N. PRADEEP KUMAR N.V.SATYANARAYANA PRESIDENT CO-ORDINATOR

ORGANISING COMMITTEE

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RESOLUTION NO.1

REGULATED WORKING HOURS FOR THE OFFICERS’ COMMUNITY

1. Officers working in our Bank have been virtually slogging for 14-15 hours every day to keep the branch work upto date, to meet the ever increasing aspirations / expectations of the customers and that of the Controlling Office. Every Officer is working under tremendous pressure as the controlling office demands from the Officers prompt and quick submission of returns, statements, MIS, closure of Inspection file within the stipulated period, ensuring complaint-free-customer service, achieve the targets un-der various parameters fixed by the Bank etc. Every day new products are launched, new computer packages are introduced and the Officers are expected to assimilate the knowledge and skills to handle the emerging situations. As a consequence, the Officers’ Community is bogged down with more and more burden of work in the branch and Officers have to slog from dawn to dusk.

2. This situation is the direct result of shortage of staff in the branch. There was an

exodus of highly skilled and professional bankers from the Bank under the Exit Scheme introduced in the Bank in the year 2005. There was no matching recruitment of personnel, thereby leaving the Officers’ Community in the Bank to carry the burden of ever increasing work load, forcing them to spend more time in the Bank and less time with family and children.

3. This has adversely affected the morale, motivation, health and happiness of the

Officers’ Community and the Officers are so much frustrated and disillusioned with these job roles. Nevertheless, the Officers have been giving their best for the concerted growth of the Branch/Bank.

4. The 12th All India Conference of All India Andhra Bank Officers’ Federation during its

meeting held at Hyderabad on 15th July, 2018, urges upon the IBA/Government to introduce regulated working hours for the Bank Officers and enable them to work with enthusiasm, zest and zeal in achieving the goals and objectives placed before them and this should be done on a priority basis so as to avoid deepening of frustration and demoralization of the Officers’ Community.

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RESOLUTION NO.2

ADEQUATE RECRUITMENT OF STAFF IS THE NEED OF THE HOUR

1. The 12th All India Conference of All India Andhra Bank Officers’ Federation at its meeting held at Hyderabad on 15th July, 2018 had an occasion to deliberate and discuss the problems of the officers in the bank with particular reference to the shortage of staff in the bank. The vast diversification, the cross selling of products, several new initiatives/ scheme of the Government such as opening of Jan Dhan Bank accounts, the Pension and the accident insurance scheme introduced in respect of the unorganized sector through the banking system etc., have increased the workload in the bank.

2. The bank is also expanding leap and bounds by opening a large number of branches all

over the country in order to meet the growing demand of the customers and the banking needs in the interior parts of the country had aggravated the problems of shortage of staff.

3. The bank has been following adhoc policy of recruiting a few hundreds at an irregular

intervals which is even not sufficient to take care of the retirements/resignations etc., in the bank. There is a need to adopt a scientific method of assessing the requirement of staff on an annual basis and to recruit sufficient number of staff at a periodical intervals. Due to shortage of staff the, the Officers are forced to work for 14-15 hours every day which has caused deep de-motivation, frustration among the rank and file. The situation has adversely affected the health of the Officers. They are not in a position to spend quality time with the family. These unfortunate developments are certainly detrimental to the concerted growth of the Bank, better customer service, health and happiness among the Officers.

4. The All India Conference therefore urges upon the Management of the Bank to take up

the issue of recruitment of the staff in adequate measure at an early date.

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RESOLUTION NO.3

UPDATION OF PENSION FOR BANK EMPLOYEES AND OFFICERS

1. Wages of in–service Employees are revised upward with each successive settlements /

commissions/ awards. In case of Bank Employees/Officers, the revision takes place

once in 5 years as against 10 year interval in case of Government Employees. Recent

5th and 6th Central Pay Commissions, have improved the wages and Pensions of

Government Employees substantially. The government is now awaiting for the receipt

of the seventh pay commission report to be implemented for the central government

employees. Our information reveals that the commission has made further

improvement in the wages as well as the pension benefits. Likewise wage scales and

pay scales of employees of Public Sector have all risen substantially. Even our

legislators and Members of Parliament, Judges and Judicial officers got hefty hike in

their monthly salaries, perks and allowances, including pensions. The legislators and

MPs have the bonanza of hefty pension, even if their stint is for a very short spell.

2. It is only the Bank Retirees who have been left high and dry, despite their persistent

pleas for updation of Pension periodically. This has resulted in many anomalous

situations where a General Manager who retired in 2001 is drawing lesser pension than

a Scale I officer who retired in 2010. This wide gap will further widen with each

subsequent wage revisions. This is highly unjust and discriminatory.

3. With the rising cost of living, unrevised pension and denial of 100% DA neutralization,

bank retirees are hard pressed and finding it difficult to lead a decent living. Bank

retirees only desire a decent and comfortable living, definitely not a luxurious living.

The 12th All India Conference of All India Andhra Bank Officers’ Federation at its

meeting held at Hyderabad on 15th July, 2018 deliberated on the issue in a threadbare

manner and urged upon the Ministry of Finance, Govt. of India and IBA, to consider

upgradation/ updation of pensionary benefits, revision of 5th and 7th bipartite retirees

pension, family pension, commutation factor and pension at 50% of last drawn salary,

payable to the Andhra Bank retirees, keeping in view the following circumstances.

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a) Bank retirees are generally senior citizens and have health complications of varying

degrees requiring constant medical attention and nursing.

b) Common needs of all retirees could be physical, emotional, health and security

related.

Physical needs relate to food, shelter and clothing. The medical needs increase

as age rolls by and the mounting costs are bothering them.

Emotional needs include being together with family members, as this ensures

care and counseling whenever required.

Security needs consist of financial security in the sunset years of a retiree’s life.

Some of the judicial pronouncements have upheld the demand for periodical

upgradation. This is also warranted keeping in view the principles of equity and

equality, natural justice.

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RESOLUTION NO.4

REVIEW OF ACCOUNTABILITY

1. The 12th All India Conference of All India Andhra Bank Officers’ Federation at its meeting held at Hyderabad on 15th July, 2018, wishes to stress that establishing accountability is not to find scapegoats. Unfortunately the present practice in the banks is to find scapegoats, that too some junior officers at operating level, in the name of accountability. Particularly it is noticed that in the matter of failure of advances, accountability of Officers at administrative levels is not sought. The increase in the number of charge-sheets during the past 3 / 4 years is illustrative of such dangerous trend in the recent times.

2. The All India Conference desires that accountability should be fixed right from the

Board to lowest levels, for loan losses. In the context of fixing the accountability, the questions whether the sanctioning authority has acted within his delegated powers, whether he has acted under political or other pressures, whether he has acted on other considerations, whether or not he has made proper appraisal of the loan proposal, should be thoroughly examined. In short, accountability should be fixed after following due procedure and on the basis of facts and circumstances, on persons really responsible irrespective of hierarchical position they may be occupying.

3. The All India Conference also desires that the Accountability concept should be

restricted to two Inspections of the branch or five years whichever is earlier.

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RESOLUTION NO.5

REVIEW CONDUCT AND DISCIPLINARY RULES; PROLONGED SUSPENSIONS; DISPROPORTIONATE AND HARSH PUNISHMENTS; APPEALS AND REVIEW PETITIONS; SEALED COVER AND RIGOUR

PROCEDURE etc.

1. The 12th All India Conference of All India Andhra Bank Officers’ Federation at its meeting held at Hyderabad on 15th July, 2018 calls for a comprehensive review of the Conduct and Disciplinary Rules for the Officer-employees presently in force in the bank. The rules are outdated and are negative in character. The rules were framed for Indian Civil Service in the days of the British rule. During Emergency in 1975/76, these rules have been imposed upon the banking industry. In so doing, the Government failed to distinguish industry from Civil Service. Managerial judgment and discretion and objectives to be achieved are more important in an industry as against straight jacket rules in Civil Service. The present rules make it almost impossible for Officer-employees to use their discretion and judgment, keeping in view the changes in the banking environment. The rules thus tend to subdue dynamism and kill the initiative of officers. Contrary to the principles of natural justice, the rules presume that every Officer is guilty, unless and until proved otherwise. In the context of developmental and innovative banking, Officers are required to assume risks and go all out to help poorer sections of society, unemployed youth, women and backward classes. It is necessary for the Government and the bank Management to create a climate wherein the Officers will be encouraged to take risks, use judgment and discretion and not feel shackled by the obscurantist conduct rules. The All India Conference urges the Government and the Bank Management to initiate an early dialogue with AISBOF, the representative organization of the bank officers, for the purpose of drawing up a new set of positive guidelines to govern the conduct of the Officers.

2. The All India Conference expresses its deep concern over inordinate delays in

concluding disciplinary proceedings, unwarranted and unjustified suspensions which continue for indefinite periods and the tendency on the part of the disciplinary authorities to impose upon Officers punishments, harsh and disproportionate to the lapses alleged against them.

3. The All India Conference notes that for want of a due procedure and secretarial

arrangements, the Appellate Authorities/Review Committees do not give the appeals/review petitions, time and attention that is called for. The appeals/review petitions are dismissed in a routine manner without due consideration to the various contentions raised by the appellant / petitioner and no speaking order is made.

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4. The sealed cover procedure and debarment policy, have several gaps. The systems

must be rationalized; several individual Officers have suffered injustice because of the infirmities in the sealed cover procedure.

5. The All India Conference also notes with concern that the interference from CBI and

CVC in the matter of Disciplinary Proceedings have assumed alarming proportions in recent times. Even routine errors of judgement are sought to be brought under the purview of ‘vigilance angle’. Though the discretionary powers of officers have been increased substantially, yet officers are wary of exercising the higher powers because of the twin ghosts of CBI & CVC. Needless to add, that such a situation is hardly conducive to the growth of the Bank.

6. Yet another Government agency which harasses the Bank Officers’ Community is Police

Department in the name of complaints lodged by Bank against fraudulent customers and FIRs filed with them. There is no system of checking police harassment in the Bank except seeking legal intervention which is a costly and torturous experience. The Banking Department should come out with appropriate guidelines to Banks for protection of the innocent Officers from Police harassment in the name of investigation.

7. The All India Conference reiterates its demands for taking out the Officers’ Community

from the purview of CVC and for establishment of an independent Vigilance Commission for Banks.

8. The All India Conference calls upon the Management to bring about a synthesis of the

various rules, practices and policies in regard to the disciplinary matters so that Officers are assured against whimsical, capricious, vindictive and malicious acts by the controlling, investigating and disciplinary authorities.

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RESOLUTION NO.6

11th BIPARTITE SALARY REVISION

a) UFBU/AIBOC have submitted the Charter of Demands to the Indian Banks' Association

on 30th October, 2017 to expedite the negotiations/bilateral discussions on the 11th Bipartite Salary Revision which is due from 1st November, 2017.

b) It is requested to settle the Salary Revision which is respectable, comparable with the

market / industry/ RBI Officers / NABARD Officers / GIC / LIC officers / CPCs.

c) It is requested to expedite the whole process of Salary Revision within a time bound schedule in order not to lose the value of the rupee due to inflationary trend in the economy.

d) Requested the Ministry of Finance / IBA to arrange for early negotiations up to the

Scale of VII as is done so far.

e) Include Officers up to Scale VII. The 12th All India Conference of All India Andhra Bank Officers' Federation which met in Hyderabad on 15th July, 2018 deliberated on the subject and resolved to represent the IBA / Ministry of Finance.

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RESOLUTION NO.7

APPOINTMENT OF OFFICER DIRECTOR ON THE BOARD OF ANDHRA BANK

a) The position of the Officer Director on the Board of Andhra Bank is vacant since a long

time. Our Officer Director on the Board of Andhra Bank retired from the Bank on superannuation during June, 2013. The Federation submitted a panel to the Bank for the purpose of appointment of the Officer Director on the Board which was forwarded to the Ministry of Finance for consideration. However, the appointment is still pending and as a result we are handicapped from our non-participation in the functioning of the Board of the Bank as a part of the participative Management scheme. We, therefore, requested the intervention of the Prime Minister in the matter so that the appointment of the Officer Director on the Board of Andhra Bank takes place at an early date. We have written innumerable letters to the FM, PM and our own Management. The AIBOC has recently filed a case in the Supreme Court, through our Senior Advocate Shri Prashant Bhushan. The case came up for hearing and the Hon. Judge has given directions to the Government to obtain a fresh list of nominations. We are pursuing the matter.

b) The recent frauds that are surfacing in various PSBs are attributed to the reasons that

there is absence of watch dog angle / vigilance angle in credit decisions of the Banks / Banks Boards which duty was normally performed by the Officer Director which was saving lakhs of crores of public money when the Officer Directors were available on the Banks Boards.

c) The 12th All India Conference of All India Andhra Bank Officers' Federation which met in

Hyderabad on 15th July, 2018 deliberated on the subject and resolved to request the Bank / IBA / GOI to expedite the process of appointment of Officer Director.

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RESOLUTION NO.8

PCA - PROMPT CORRECTIVE ACTION OF RBI TO BE REVIEWED

a) Prompt Corrective Action is triggered when Banks breach certain regulatory requirement like minimum capital, return on asset and quantum of non-performing assets.

b) The Reserve Bank of India has specified certain regulatory trigger points, as part of PCA

framework, in terms of 3 parameters:

1. CRAR - Capital to Risk Weighted Ratio 2. NPA - Non-Performing Asset 3. ROA - Return on Assets

c) The total stressed assets of Indian Banking System today, including NPAs and re-

structured Assets are estimated at around US $ 160 to 170 billion, which is equal to 7% of India's Annual GDP.

d) The RBI wants to put most of the PSBs under PCA mechanism in the name of huge

NPAs which are largely contributed by Corporate Loan Defaults, Policy paralysis of the Government and embracing unscientific IRAC / delinquency norms of the west which are not suitable for our economy.

e) The PCA implementation will deprive PSBs of further lending, and incurring

establishment expenditure, which will result in Wage freeze for the working class.

f) Once the lending stops, the PSBs will make further loss. This will satisfy the government's ploy to hand over the PSBs which have made profit for centuries and served the rural India for decades, to the Private Sector.

The 12th All India Conference of All India Andhra Bank Officers' Federation urges the Government of India to re-look and abandon the PCA mechanism and allow enough autonomy to banks to manage themselves.

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RESOLUTION NO.9

NPA - NON PERFORMING ASSETS CLASSIFICATION TO BE REVIEWED

a) A non-performing Asset is defined as a credit facility in respect of which the interest and / or installment of principal has remained 'past due' for a specified period of time. In simple terms, an asset is tagged as non-performing when it ceases to generate income for the lender.

b) In the year, the country witnessed financial turmoil and introduced LPG along with

financial sector reforms while borrowing money from IMF to tide over BOP crisis. In terms of Narasimham Committee recommendations No.1 and 2, all the Banks/ FIs adopted Global Best Practices of IRAC / delinquency norms.

c) The reasons for our country's NPA is different from the west and the same medicine

cannot be administered here.

d) It is reported that the country has Rs.10.25 lakh crores of NPAs (7% of GDP) as on 31.3.2018 and 78% of it represents loan defaults of Corporate Sector.

The 12th All India Conference of All India Andhra Bank Officers' Federation which met in Hyderabad on 15th July, 2018 resolves to submit to the Ministry of Finance / Regulators that a country specific IRAC norms be framed, instead of the one size fits all approach.

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RESOLUTION NO.10

BANK NEEDS TO PROTECT ITS OFFICERS FROM THE CLUTCHES OF CVC, CID, POLICE, COURTS CASES

1. The Bank officers are placed as public servants vide CVC/RBI/Supreme Court guidelines

and they are treated as Government / Gazetted Officers for limited purposes and subjected to investigation / prosecution, as public servants, as per the law of the land.

2. By and large, the service rules are similar to that of Civil Servants under the

government. Public Servants have been specified with "dos and don'ts" of CVC/RBI and expected to work within specified roles.

3. However, many other benefits which are enjoyed by the Civil Servants / Gazetted

Officers are not extended to the Bank officials, while bringing them to book in the event of discharge of duties with bona-fide genuine commercial transactions / decisions, under the grab of Public Servants, vide CVC/RBI.

4. In the course of work, officers are exposed to verbal and physical assault by customers,

for various reasons beyond the control of the officials. Unscrupulous persons find new and ingenious ways to dupe the Bank despite due diligence. The loans which were sanctioned with due care and process and by authorities/committees vested with power, become bad, for reasons (like, market demand, economic policies, etc.) beyond the control of the officials. While the beneficiaries abscond or go abroad, it is the hapless/helpless bank officials who face the brunt of legal process and attend hearings at every summon issued by the investigating officials / courts over many years.

The 12th All India Conference of All India Andhra Bank Officers' Federation which met in Hyderabad on 15th July, 2018 urges the Bank/IBA/Government

a) Assistance by way of leave to officials attending hearing b) Assistance by way of reimbursement of Legal/Advocate Fees c) Non-application of 48 hour automatic suspension and treating the detention period as

special leave on half pay d) Arranging for anticipatory bail whenever needed

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RESOLUTION NO.11

COMPASSIONATE APPOINT SCHEME TO BE REINTRODUCED

IN ITS ORIGINAL FORM

a) The Compassionate Appointment Scheme was designed with the sole objective of protecting the family of the deceased employee while in service. This was a social welfare measure adopted by all the institutions including the Private Sector. The Government, the Railways, The Life Insurance etc., were also having a similar scheme for their employees.

b) During the introduction of reforms in the financial sector, the Central Government

introduced revised Compassionate Appointment Scheme virtually taking away the earlier benefit and concept of the Compassionate Appointment.

c) The issue has figured in the series of agitations, strike action by the United Forum of

Bank Unions. The issue is still unresolved. The employees of Andhra Bank have suffered a lot because of the changes in the Compassionate Appointment Scheme.

d) The Scheme was revived in the Government, Railways, LIC and all other institutions,

re-introducing the earlier system of Compassionate Appointment Scheme ensuring on employment to the legal heirs of the members who die in harness.

The 12th All India Conference of All India Andhra Bank Officers' Federation which met in Hyderabad on 15th July, 2018 urges the Bank/IBA/Government as the Bank Officers are treated as Public Servants, Gazetted Officers for limited purposes for covering them under CVC/CBI cases and denying Compassionate appointment is injustice and inhuman treatment. The facility which is available for the Central Government employees to be extended treating on par with the GOI employees.

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RESOLUTION NO.12

LAW OF EXTRADITION - FRAUDSTERS SHOULD BE BROUGHT TO BOOK

a) The present foreign policy has several loopholes which helps the fraudsters to escape from the responsibility of repaying their debts to the Banks by escaping from the country to other countries. This has resulted in a serious frustration amongst the Banks who have lent the money to the promoters of number of Corporates who having defaulted payment to the Bank have fled the country. The two classical examples are the promoter of Kingfisher Shri Mallya and Shri Nirav Modi, the promoter of Jewellery company, after availing the loan and indulging in malpractice such as laundering, diversion of funds to create assets abroad.

b) The countries who have provided shelter to these culprits are insisting that they should

be tried in their own courts. In fact, the request of the Govt. for extradition of these culprits are being denied due to their Court intervention in those countries. The Defense lawyer in Court in England went to the extent of observing that the conditions prevailing in the Jails in India are not hygienic and hence the Court was refusing to handover Shri Mallya to our country.

c) The Indian Government is making all out efforts to seek their extradition to our country

under the bilateral agreement.

d) Further, the Govt. has also made necessary legal provision, under the Fugitive Economic Offenders Bill 2017 wherein the CBI and ED and other authorities are empowered to take possession of the assets of those who have defaulted and left the country by filling a charge sheet in the Courts.

e) This move will further strengthen the hands of the Government in recovering the

monies from the fraudsters. However, it is all the more necessary to bring them physically to the country and try them in the court of law in India.

The 12th All India Conference of All India Andhra Bank Officers' Federation which met in Hyderabad on 15th July, 2018 urges the Government/RBI/IBA to take necessary steps to speed up the extradition of those who have left the country after defaulting payment from their units.

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FEDERATION'S WELFARE SCHEMES

All India Andhra Bank Officers' Federation has adopted Bye-Laws providing its own Welfare Measures to its members.

1. Guest Houses at Hyderabad, Tirupathi, Vijayawada & Visakhapatnam: Federation is maintaining Guest Houses for its members at Hyderabad, Tirupathi, Vijayawada & Visakhapatnam at nominal price.

2. Subsistence Allowance to Suspended Officers: Federations pay Subsistence

Allowance at Rs.2,000/- per month for first 3 months of suspension period to those officers who were suspended by Management to support his/her family members as they are eligible to draw only 1/3rd of pay and allowances during that phase.

3. Payment of Ex-gratia to the bereaved family members: An amount of

Rs.70,000/- shall be paid as Ex-gratia to the bereaved family of the member who die in harness.

4. Farewell Scheme on Retirement: Members who retire on superannuation will be

honoured by Federation representatives with -

a) A cheque for Rs.1000/- to purchase a gift of his/her choice

b) Citation displaying 'AIABOF' and 'Happy Retirement Life'

c) Shawl and

d) Bouquet / Garland

5. Introduction of Federation Members Benevolent Fund:

Now, our Bank has stopped payment of Group Insurance premia for the members to cover the liability of CODST as the bank has incurred net losses for year ending March, 2018. Hence is not eligible to get Welfare Fund from Government of India. Therefore, our Federation has introduced Federation Members Benevolent Fund (FMBF) through which if any Federation members/member die in harness, all the members of our Federation will contribute Rs.55/- for each death through automatic salary deduction in the succeeding month of the death of the officer/ officers. The amount will be given to the Nominees/Legal heirs of the officers who die in harness. The amount of Rs.55/- for each death will be deducted from the salary for the particular month of the death only. The scheme, Federation Members Benevolent Fund (FMBF) will be withdrawn once the bank gets net profit and Bank continues the Group Insurance Scheme.

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6. Reimbursement on Hospitalization Scheme

Any of the Federation member who incurs huge hospitalization expenses over and above the eligible medical reimbursement by the Bank and other schemes towards major ailments like Kidney transplantation, Liver transplantation, Coronary bypass surgery, Cancer and other complicated diseases, subject to a maximum amount of Rs.25,000/- for self and Rs.20,000/- to the spouse and dependent children will be reimbursed on case by case. The reimbursement will be made basing on the recommendations of the Zonal Secretary on case by case duly obtaining a declaration from the member and producing all the relevant receipts / sanctions and paid to the member from our Welfare Fund.

7. Incentive to members who pass CAIIB

To encourage our members to update their knowledge, we propose to award incentive of Rs.3000/- to all our members who complete CAIIB in single/first attempt only.

Guest House - Hyderabad Guest House - Tirupathi

Flat No.202, TNR’s Vaishnavi Apartment, Beside Hotel Ganga Jamuna & Bakery, A.C. Guards, Lakdikapool, HYDERABAD – 500 004. Phone: 040-23320926 Incharge: Com. K. Srinadh, Zonal Secretary, Hyd-I Hyderguda Br. Mob: 9666180916

Flat Nos.202 & 203, Visweswara Towers, Near Ram Tulasi Kalyana Mandapam, Chintalachenu Road, TIRUPATHI - 517 501. Incharge: Com. P. Munuswamy, Zonal Secretary, Tirupathi RLE Centre, Tirupathi Mob: 9440507908

Guest House - Vijayawada Guest House - Visakhapatnam

4th Floor, Laxmi Nilayam, Tadepallivari Street, Suryaraopet, VIJAYAWADA – 520 002. Phone No.0866-2436177 Incharge: Com. K. Mallikarjuna Rao, Circle Secretary, Vijayawada Tenali Main Br. Mob: 9440439165

Door No.7-5-33, Officers' Club Down, Opposite Lane to Royal Visaka Beach Guest House, Panduranga Swamy Temple Road, Pandurangapuram, VISAKHAPATNAM - 530 003. Incharge: Com. M.S. Bhaskara Rao, Circle Secretary, Vizag A.U. Campus, Visakhapatnam Mob: 9440088470

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NOTES

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NOTES

Documents

1 - WELCOME []Notice is hereby given that Business Session of 12th All India Conference shall be held at Sri Sathya Sai Nigamagamam, ... Sri R. Subba Rao, Chairman, Grievances Committee,