About Us

In response to the call given by the AIBOC in connection with its Silver Jubilee Celebration, vide Circular No 35 dt 24.03.2010 advising for ‘Minimum one Social Service Activity’, the E.C. meeting held on 20.06.2010 decided to co-sponsor a Project of the Pain and Palliative Care Society, Thrissur, to erect a hydraulic lift to the inpatient ward of the society in the District hospital building. The total cost of the project is Rs 15,57972.00; out of which Rs 10 lakhs will be provided from M.P. Fund of Sri P.C. Chacko, Hon’ble M.P. of Thrissur. A cheque for the balance amount for Rs 5,57,972.00 was handed over in a function arranged for the purpose on 16.07.2010 at the premises of the District Hospital, Thrissur. Our President, Com. C.V. Francis presided over the meeting. Sri. K.P. Achuthan, Secretary of the Society welcomed the gathering. The function was inaugurated by Com. P.R. Varghese, Standing Committee Chairman (Health), District Panchayath, Thrissur. Sri P.V. Mohanan, Dy General Secretary, AIBOC and Sri K.D. Varghese, General Secretary, SIBOA spoke on the occasion

A website for the South Indian Bank Officers’ Association, www.siboa.in was formally launched by Com. G.D. Nadaf, General Secretary, AIBOC, during SIBOA’s 41st Annual National Conference held on 22nd October 2006 at the Indian Medical Association Hall at Trivandrum, amidst all-round applause, by the click of remote mouse arranged at the podium. The huge screen arranged at the hall projected the traditional Nilavilakku, the wicks were lit up, followed by a flash of eye-catching crackers’ !!. Really it was a wonderful experience, well appreciated by the entire audience. Com. Nadaf congratulated the Association for the implementation of this innovative idea for the first time by any associations in the banking sector.

The object of the fund is to provide financial assistance to the dependants of any member in the event of his death or to the member due to his retirement on permanent disability.

Every member who enrolls himself/herself as a member in the Fund shall remit a monthly contribution of Rs 300/-. In the event of death or retirement of a member for the reason of permanent disability, the nominee or member shall be paid a sum not exceeding Rs 10,00,000/- (Rupees Ten lakhs only). Out of Rs 10,00,000/-, a sum of Rs 50,000/- (Rupees fifty thousand only) is set apart for meeting Medical Expenses for the following diseases:

1. Heart ailments that require surgical interference.

2. Cancer.

3. Kidney Transplantation.

4. Major accidents that require surgical interference.

The amount payable in the above cases shall be the difference between the actual hospitalization charges incurred by the member and the amount sanctioned by the bank subject to a maximum ceiling of Rs.50,000/-

In the event of a member retiring from the service of the bank on superannuation or ceases to be a member of the Association on dismissal from the service of the bank, he/she will be paid an amount as detailed below:-

No of years after joining Relief Fund                                                          Amount Payable

Up to 10 years                                                                                                 100% of the contribution.

10 years to 15 years                                                                                      125% of the contribution.

15 years to 20 years                                                                                      150% of the contribution

20 years and above                                                                                        200% of the contribution.

The token strike on 27.01.’94 was a grand success. Management started its vengeance by the issuance of memos to Scale IV officers, who participated in the strike on 27.01.1994 with a malafide intention. The Management through phone calls and circulars started airing malicious propaganda to make confusion and misunderstanding among the members. SIBOA called for another token strike on 28.02.1994.

Com. R.N. Godbole, General Secretary, AIBOC accompanied by Com. T.N. Madanan, President AIBOC Kerala State Unit met our Chairman on 7th February 1994 along with Com:.C.A.Joseph, President, and Com.N.L.Paul, General Secretary. Discussions were held with the Chairman on all pending issues generally. It was agreed by both the parties to resume negotiations on 9th February 1994.

On 09.02.1994, negotiations resumed with Chairman and other executives. The office-bearers of SIBOA along with Com. T.N. Madanan and Com. P.V. Mathew attended the discussions. The Marathon discussions, which lasted more than 6 hours in three sessions ended in failure. During the discussion, Chairman’s attitude was adamant and uncompromising. While we require a reasonable settlement, Chairman wanted our surrender. With this background, the E.C. came to a conclusion that a one-day token strike is not creating any desired impact on the Management and hence decided to defer the proposed token strike on 28.02.1994 but to proceed with the indefinite strike from 28.03.1994.

As per the advice of the state leaders of AIBOC, the proposed indefinite strike was deferred in order to pave way for negotiations. Accordingly, discussions were held on 06.04.1994 and a settlement was signed between SIBOA and the Management on our demands. Com. T.N. Madanan, Com. P.V. Mahew and President & Secretary of SIBOA participated in the negotiations.

13 AGMs and 5 other officers did not participate in the 1st token strike on 01.09.1993 and the E.C. meeting held on 29.10.’93 dismissed them from the membership of the Association. 47 members did not participate in the 2nd token strike of 27.01.1994. 14 members expressed regret for their non-participation in the strike. The E.C. meeting held on 19.06.’94 resolved to punish them with a penalty of payment of 2 days salary. The remaining 33 members were dismissed from the membership. The dismissed members formed a splinter welfare association, which functioned for about 6 years. Out of 37 members in the new Union, 34 members approached SIBOA for re-admission with their apology letter. The E.C. meeting held on 11.02.2001 re-admitted them to SIBOA.

From 2001 onwards almost all of the officers of the bank from Asst Manager to Chief General Manager., were members of the Association.

The 2nd annual General Body Meeting of the Association was held on 10.03.1968, which was well attended by the members. With the kind and enthusiastic support of our members and well-wishers, SIBOA could publish a souvenir in connection with the 2nd Annual Conference. In these days of great stresses and strains, it has been the constant endeavor of the Association to see that its relationship with the Management continues to be healthy and cordial. The Association is always alive to the problems faced by the bank and is ready to render all possible assistance to solve them in the greater interests of the institution. This has been our guiding principle throughout and we are sure that we have succeeded in this to a great extent.

During the Sixties, the service conditions of the officers were very poor, when compared to that of Award staff in the bank. Whims and fancies of the management had an upper hand in deciding the fate of officers. The Management’s decision was unquestionable and the Board’s decisions supreme with no one to mediate or represent the grievances of officers. Merit was often ignored and qualifications and experience usually overlooked. The salary was not at all attractive when compared to that of an Award Clerk. The bank did not allow the Accountants to opt as supervisory workmen as though, they were eligible for Supervisory allowance, overtime, and the other benefits of an Award Clerk. Naturally, the officers decided to make a silent revolt and demanded a higher salary, better service conditions, and other benefits.

On 25.02.1965, some senior officers made an attempt to form an association for officers in South Indian Bank. But the attempt, however, did not succeed. A year later, some of the junior officers took the courage to conduct an informal meeting at Trichur on 07.02.1966 and decided to convene a meeting of all the officers of the bank on 27.02.1966, with the object of forming an association for the officers of the bank. There was a splendid response to this call from all the branches. This meeting, which had the backing and support of 101 officers (49 in-person and 52 by proxy) decided to form an association under the name “The South Indian Bank Officers’ Association”, with its headquarters at Trichur. A Bye-law was prepared and after discussion, it was approved by the General Body. In the election for the first Executive Committee of the Association, the following officers were elected as Office Bearers:

President:       Sri P.D. JOHN (H.O. Trichur)

Vice Presidents:   Sri M.K. RAPPAI (Tellicherry)
                   Sri C.A. JOS (Pudukad)

Secretary:        Sri T.A. FRANCIS (Trichur Main)
Joint Secretaries: Sri K.T. ANTONY (Trichur Main)
                   Sri JOSE ANTO NELLISSERY (HO Kuri Dept.)
Treasurer:        Sri A.R. PYLOTH (Trichur Main)
Members:         1.Sri M.C.S. MENON (Trichur Main)
                 2.Sri IGNATIUS KODENKANDATH(Trichur Main)
                 3.Sri C.L. DAVIS (Trichur Bazar)
                 4.Sri K.V. FRANCIS (Kinattukadavu)
                 5.Sri A. NARAYANAN (Palghat)