Rupam Roy re-elected as General Secretary of All India Bank Officers’ Confederation (AIBOC)

The All India Bank Officers’ Confederation (AIBOC), the largest officers’ trade union in the country, has once again placed its trust in Rupam Roy and Balachandran P M by re-electing them as General Secretary and President, respectively. This significant re-election took place during the 13th Triennial General Council Meeting held in Guwahati, a notable event in the banking sector attended by nearly 1,100 delegates from various affiliates representing officers from almost all public sector banks.




Event Highlights
The gathering in Guwahati was a robust assembly of bank officers who discussed and deliberated on critical issues facing the sector. The re-election of Rupam Roy and Balachandran P M underscores their proven leadership and the confidence the members have in their ability to steer the confederation forward in these challenging times.
Release of the Report ‘Where is My Interest Rate?’
A major highlight of the event was the release of a thought-provoking report titled ‘Where is My Interest Rate?’ This report, jointly produced by AIBOC and the Centre for Financial Accountability (CFA), provides an in-depth analysis of the current banking landscape in India. It sheds light on the significant changes that have been reshaping the sector, often to the benefit of those at the top, while sidelining the interests of the broader population.
Key Findings of the Report
The report offers a critical overview of the structural shifts within the banking industry. It explores how policy changes and financial practices have increasingly favoured high-ranking officials and affluent customers, often at the expense of the average bank officer and common citizen. By scrutinizing interest rate policies and financial accountability, the report aims to spark necessary conversations about equity and fairness in the banking sector.