Did not stop staff salaries: UCO Bank management

Updated - January 10, 2018 at 07:31 PM.

Urges employees not to be misled by such misinformation

The UCO Bank management has clarified that the bank had not ordered stopping salary to staff members of certain branches in Kolkata, as is being wrongly reported.

In a circular to all branches and offices on September 2, the management took objection to messages to the contrary circulating in the social/print media.

‘Promptly turned down’

Those messages were only internal correspondence between the zonal office and the head office of the bank, the circular said.

The suggestion of stopping salary was promptly turned down ‘without intervention of any union/association,’ it added.

Leaking of internal information in this manner by some disgruntled employee has unnecessarily tarnished the image of the bank, it said.

It urged employees not to be misled by such misinformation and guard against ‘undesirable elements who have least concern for the bank’.

“We are confident that Ucoites are working as a team to achieve the corporate objectives, especially when the bank is passing through the process of a turnaround plan,” it said.

“We... through various communications from time to time are...advising strategies to be adopted in which every Ucoite has a role to play.

“We are sure that every Ucoite will rise to the occasion and not be misled by...any rumour or misinformation,” the circular said.

Meanwhile, the All-India Bank Officers Confederation (AIBOC) has joined issue and expressed concern over the ‘status’ of industrial relations in UCO Bank.

Published on September 4, 2017 17:01