::: 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.

Friday, 28 November 2014



Through this letter of mine, I desire to share with  you all the most painful decision I have ever taken in my career.

For quite some time, a strong feeling has been lurching me that I am not able to devote much time to my family.  I have finally decided to bid adieu to my august Institution i.e. Central bank of India, which consequentially and sadly relieves me from organizational responsibilities also.  

Leaving alone the Institutional positions I held during the tenure, the positions I held in the trade union organizations viz. CBOU, AICBOA, AIBOA gave me overwhelming satisfaction of being of some utility and service to the members / employees irrespective of their caste and creed.

My happiness knew no bounds when I realize that the organizations have  provided me suitable role in officers’ trade union movement in Central Bank.

At a time when rival unions treated their members as a tools in their numbers game, my organizations have taught us to give the employees and officers the much deserved respect and pride, by attending to their grievances with undeterred commitment.  It gives me immense pride and satisfaction to be part of this unending wisdom of trade union movement.

While the pain of parting is intractable, I would like to cajole myself by replenishing the nostalgic memories of the umpteen number of opportunities provided by the Officer trade union movement to enable me to serve the officer community better and better.

As General secretary of CBOU I was extremely fortunate to have opportunity to work with and gain exposure from multi-faceted personalities in CBOU  Com. D.Bapanna, Com JC Reddy, my beloved President Com.Syam Babu  and many senior leaders who are known for their exemplary characteristics of a trade union leaders.

I am also thankful to all the leaders under whose guidance I have learnt the undeterred commitment and adept skills of handling of men, matters and, of course, management, through which we could steer CBOU through troubled times and made it the majority union for Officers’ movement in Central Bank of India.

The embracing and eternal support  extended by CBIEA under the able guidance and leadership of Com B S Rambabu  in discharging my organizational responsibilities generally and during turbulent periods in particular have always given me great solace and healing touch. The support given by Com. Udayabaskar and Com Y.Srinivas rao are worth mentioning and unforgettable.

On this occasion, I would like to specially thank many comrades including Com.PSPR Phanikumar,Com.P.V.Ramakrishna,Com.V.Ramesh,Com.ABVL.Narasimham, Com.Shafi .Com.Kareem, Com.Gagarin, Senior Comrade Venkateswarlu,my collegues representating in all india organization Com.Uma Janaki and Com.Indubala,other Office bearers  past and present who were with me in good and troubled times.

I am highly privileged to thank all the comrades of CBOU & CBIEA who have out in their untiring & strenuous efforts to uphold the traditions of  TWIN BANNERS and to keep aloft the flag of AIBEA & AIBOA.

On this piquant situation, I would like to assure that my heart and soul will always be with trade union movement spearheaded by AIBEA and AIBOA.  

I pray the almighty to give strength, time and opportunity to be  part of any trade union movement and activities, if an occasion so arises.

With Kind Regards
Comredely Your’s

General secretary.CBOU.

Saturday, 22 November 2014

Friday, 31 October 2014

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.


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
Sr No Name of the executive Present Placement Posted to

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.
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