The objects of the Union shall be –

  1. To organise the whole body of employees of the State Bank of India and foster a spirit of co-operation, comradeship and esprit de corps among them.
  2. To protect and promote the interests of all members by legitimate and constitutional means.
  3. To secure –
    1. Improvement of the status and position of every member in service with regard to pay, allowance, leave, hours of work, etc.
    2. Equality of rights and privileges for the same work or office to any member where any other employee is entitled to the same, irrespective of race colour or creed.
    3. Proper representation of the employees on the Board of Directors of the State Bank of India.
    4. Adequate compensation for members in cases of injury or accident under the Workmen’s Compensation Act or any other law.
  4. To regulate the relations and to establish mutual understanding and concord between the employers and the employees and settle all disputes in a constitutional manner.
  5. To provide funds for –
    1. The relief of the needy or distressed members or their dependants in cases of unemployment, sickness, accident or death of such members.
    2. The compensation of all officers and members of the Union whose interests have been damaged by reason of their services to the Union and for the relief of members during trade disputes.
    3. Legal assistance to members in respect of matters arising our of, or incidental to, their employment.
  6. To establish co-operative stores and credit societies, clubs, libraries, reading-rooms, night classes, etc., for the benefit of members, and to organise occasional lectures and social gatherings with a view to develop an understanding of the advantages and facilities of organised life.
  7. To maintain an official organ for publishing the activities of the Union and disseminating information about the various inequalities and disabilities under which the members toil in respect of their work and other conditions of service.
  8. To purchase, take on lease or otherwise acquire, and to hold and manage, sell, exchange, mortgage and otherwise dispose of both movable and immovable properties of every description including Joint Stock Companies shares, deventures and Government papers and all rights and privileges necessary or convenient for the purpose of the members of the Union.
  9. To raise and establish separate funds, as and when necessary, for the furtherance of the objects of the Union.
  10. To work as far as possible in co-operation with other Trade Unions of the country and help any movement that has for its object the general advancement of the working classes in the country not inconsistent with the spirit of the Indian Trade Unions Act, 1926.
  11. To federate with, or affiliate itself to, any other Association, Union or Society in India and outside having kindred aims and objects.
  12. And generally to do all such other things as may be considered necessary, incidental or conducive to the attainment of the above oobjects or any of them subject always to the provisions of Section 15 of the Indian Trade Unions Act, 1926, in matter of expenditure that may be involved.

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