Syndicate Bank got merged with Canara Bank w e f 01 04 2020. During this period, ten banks got merged into four entities. As on date, there are only 12 public sector banks, while the number was 30 earlier.
In the prevailing situation, it is imperative on the part of bank unions to assimilate between themselves, where two organisations operate. Accordingly, Syndicate Bank Staff Union (SBSU) affiliated to Bank Employees Federation of India (BEFI) decided to merge with Canara Bank Staff Union,(CBSU) affiliated to Bank Employees Federation of India.
The 12th National Conference of SBSU was held on 20th March 2022 at Chennai. The delegates and observers elected in their respective state conferences attended this national conference besides fraternal delegates from BEFI affiliates.
After paying rich tributes to Com Asish Sen and Com M S N Rao, the departed leaders, the conference commenced. Com A K Padmanabhan, Vice President, CITU inaugurated the conference with his lucid presentation on the roles and responsibilities of bank unions vis a vis the policies pursued by the Government of India. He wanted the working class of this country to express in clear terms their opposition to the economic policies pursued by this government and emphasized that the working class had the right to suggest the ways to run the government. Com C J Nandakumar, President, BEFI, in his special address stressed the importance of bank employees playing a bigger role in the two days general strike call given by central trade unions and other independent federations. Com K Krishnan, Secretary, BEFI, Com C P Krishnan, Joint-Secretary, BEFI and Com N Rajagopal, General Secretary, BEFI – TN extended their greetings. Com K Srinivasa Babu thanked all the leaders, delegates and fraternal delegates. Thus the opening session came to a close.
In the delegates’ session, Com N Subraminian placed the General Secretary’s report and Com M Jayapalan presented the accounts. After deliberations, the General Secretary’s report and the accounts were unanimously approved.
Thereafter, two resolutions one on dissolution of SBSU and the other on merger / amalgamation of SBSU with CBSU were unanimously adopted. Com N Rajagopal, General Secretary, CBSU welcomed the members of SBSU and assured that the combined entity of unions would strive hard to protect the service conditions of the employees and also would fight for absorption of HKPs, promotions, postings, transfers and harmonization of staff benefit. With the vote of thanks proposed by Com K Srinivasa Babu, the 12th Conference of SBSU came to an end.