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AIBRAF FLASH NEWS*

A three members delegation of AIBRAF office bearers met the Senior Advisor of IBA Sri S K Kakkar at Mumbai Head Quarter today.

The delegation was led by Sri Harihar Sinha along with two senior activists Shri Ashok Khairnar from Nasik and Sri B K Singh of Mumbai.

The delegation handed over a memorandum along with three enclosures the  copies of which are placed for members information  containing full detailed chart of bank's pension funds as well.

Full length discussion held and delegation members were very anxious about further course of action of IBA.

Mr Kakkar categorically stated that updation is on cards and IBA has clear stand on its Chairman's version.

Mr Sinha firmly stated that there is no question at all about affordability of pension funds and showed annexed consolidated funds details of all PSU bank's pension funds and data sources of procurement with exact reference page to their annual balance sheets. He asked to remember Mr Kakkar that this meeting must be treated as follow up action and our delegation is providing data as demanded by Mr B Raj Kumar,  Dy. Chief Executive of IBA during previous meeting.

Mr Kakkar studied figures with full of interest and ordered for two more xerox copies mentioning that it will be handed over to Chairman and chief executive for further action. This was a good move by IBA, our delegation observed.

In very cordial and long duration meeting Mr Kakkar repeatedly said that some good news may be forthcoming regarding pension updation and he remarked that after approval of updation of pension for RBI employees and officers and announcement of Mr Sunil Mehta made a light for further course of action and direction of IBA.

Mr Khairnar and B K Singh also described apathy of old pensioners and family pensioners. Mr Kakkar accepted and told that all parties and decision making authorities are now having positive views and IBA is proceeding towards solutions.

After delicious tea members of our delegation departed.

Some minor departure of views and actions of IBA have been clearly observed by delegation members with a hope for future.

We will be left with no alternative but continuous follow up for our demands at all corners including with IBA, is our commitment. Let us hope for better in future.

Thanks

Team AIBRAF

NEW DELHI.

8th March, 2019.

Lsr Krishna Rao