::: Central Bank Officers' Union (cbouap ) invites articles from the members to publish in this blog. Writers are advised to take any topic, which will be use ful for our members/organisation. You may send the details to cbouap@gmail.com...cbouap.
:::Congratulations ... Central Bank Officers' Union (cbou) membership crossed 475 mark. Added 64 new members this quarter. Twin banner unity Zindabad-- Venugopal Rao G.S.

Wednesday, 22 October 2014


To all  Centralites of AP and Telangana.

Memories of moments celebrated together....
Moments that have been attached in my heart for ever....
Hope this Diwali brings a Good fortune & abounding Happiness.

HAPPY DIWALI 

Yours Comradely
P Venugopal Rao
General Secretary -CBOU

Sunday, 31 August 2014

Promotion Process 2014-15- Release of promotion of empanelled candidates

Promotion Process 2014-15- Release of promotion of empanelled candidates SCALE IV TOVI
PROMOTION FROM SMG SCALE V TO TEG SCALE VI
Sr No Name of the executive Present Placement Posted to
1 Mr P Salvatore RO SURAT SRM,RO SURAT,ZO AHMEDABAD



AIBEA asks members not to opt for ESOP/ESPS


The All India Bank Employees' Association (AIBEA) has advised its members against buying bank shares when offered under the Employee Stock Option (ESOP) / Employee Stock Purchase Scheme (ESPS).
C H Venkatachalam AibeaStating that offering ESOPs or ESPS are aimed at reducing the Government's stake in the equity of public sector banks, the AIBEA General Secretary, C H Venkatachalam, observed that for the first time in the recent budget, no funds were allocated to capitalise the public sector banks in the country, though the Government had stated time and again that banks would need huge capital in the coming years.
"To placate our opposition to such dilution of ownership, the Government and bank managements are now proposing to bring the ESOP/ ESPS, and offer shares to employees at discounted rates. Read more

For more news click here

Friday, 29 August 2014



Dear Comrades

Wishing you and your family a happy Ganesh Chathurthi

Yours Comradely

P  Venugopal Rao
General Secretary CBOU -AP


Thursday, 21 August 2014

Jaitley calls for better risk management from public sector banks


The Finance Minister, Arun Jaitley, on Thursday made it clear to public sector banks that the Government expects much better standards of risk management practices from them.
This remark is significant as it came in the backdrop of increased incidents of frauds coming to light in the banking system.
"Some recent events are disturbing. I hope it will only be a drop in the ocean," Jaitley said at the 108th foundation day event of Indian Bank in the Capital.
Jaitley said "credibility" is extremely importantant as far as the functioning of banking system is concerned.
"Banks must endeavour to continously have improved standards of credibility," he said. Read more

Tuesday, 19 August 2014

Ban on campus recruitment of bank officers: Kerala HC order rings loud and clear

The ban on campus recruitment of officers in public sector banks has come into effect in light of the adverse strictures made by various courts.
The Ministry of Finance accepted as much while writing to the heads of banks directing them to stop the practice at once.
BOOSTS UNION MORAL
Among the earliest and most forthright observations by the courts had come as early as in 2006 from the High Court of Kerala in a related case (Sanal KC Vs SBI).
The observations boosted the moral of the Leftist student unions in the State that had built up a sustained campaign against campus recruitment of officers. for more News Read more

Sunday, 27 July 2014

BANK RESULTS


BANK’S RESULTS FOR FIRST QUARTER ENDED JUNE 30, 2014

Highlights – Q1 FY 2014-15



Total Business
Rs. 4,26,829 crore

Total Deposits
Rs. 2,40,782 crore

Total Advances
Rs. 1,86,047 crore

Net Profit
Rs. 192 crore

PERFORMANCE HIGHLIGHTS

Saturday, 28 June 2014

Bank unions seeks Jaitley’s intervention in arriving at early wage revision



Bank unions on Friday urged the Finance Minister Arun Jaitley to intervene in the wage revision matter and ensure that the current stalemate in the negotiations towards the 10th bipartite settlement is quickly sorted out.
The wage negotiations between bank unions and the Indian Banks Association (IBA) are in a deadlock with the latter’s offer of 11 per cent wage hike not acceptable to employees.
“Finance Minister gave a patient hearing to representatives of bank unions. He has assured to get the details from Banking Secretary and look into it”, C.H. Venkatachalam, General Secretary, All India Bank Employees Association (AIBEA) told Business Line after a nearly thirty minutes meeting with the minister. Read more

Sunday, 1 June 2014

SCALE I TO 2 ZONE ALLOTMENT DECLARED

To our Zone the following candidates are alloted


SCALE 2 TO 3 ZONE ALLOTMENT

The following canndiates are alloted to our zone


Sunday, 25 May 2014

1 to 2 Normal Channel results

The following candidates are selected under normal channel