There is no one to listen to personal problems faced by workforce unless and until he or she a big hand behind him or he or she know the art of earning bribe to share with bosses. Good officers are transferred from east to west and from West to East and bad officers are given choice posting. This give rise to a negative feeling in minds of those who work hard. Officers expert in credit disbursal are made recovery officer and officers expert in recovery are made insurance agent. This play with inherent quality of an officer has jeopardised the work culture to a great extent.
Officer who hide bad debts are promoted to higher level and those who tell the truth are penalised in different ways. This is the pathetic message which you may get from majority of ground level branches. As such it is more important to provide motivated workforce at post which are vulnerable to risk. In olden days, say in seventies and eighties, an officer with work experience of 10 to 15 years could get an opportunity to become a Branch Head. Now a days, an officer even in the year of joining is made Branch head. And in span of 10 years to 15 years he can become Regional head. Officer who do not have adequate exposure in all fields become administrative officer.
This is bank only an officer can be awarded with 5 o6 promotion in a span of 10 to 15 years and on the contrary there are many officers who have not been promoted even in span of 10 to 30 years.This has spoiled the work culture to a great extent. I do not hesitate to say that banks were more healthy and stronger when there was a system of seniority based promotion in seventies and eighties.
Past records will tell how under regime of Congress led governments , posting at top post was sold .
Even in District level bankers meeting called as DLCC , District collectors and attending Block Development officers never take care for recovery of dues from defaulters. Rather they openly speak in the meeting that they need not bother for recovery and have to focus on only lending to achieve the set target.
More than 80 percent of total bad loans are with less than one percent of borrowers. If government is not able to recover money from 25 to 30 big borrowers identified by RBI involving three to four lac crores of rupees, you may imagine the rotten position persisting at lower level . There is no one total case of small loan accounts in District or mid level accounts in DRT. Government post the rejected banker as Administrative officer at DRT,. Position of judiciary is so much pathetic that I need not enlighten much on it. It is an open secret.
This is why profits of each private bank like HDFC, Axis Bank, Kotak Bank, Inducing Bank, Yes Bank run in profit to the tune of thousands of crores of rupees every year whereas on the contrary government banks run in losses and has to be protected by capital infusion out of public money.
In brief, capital infusion proposed by the government may be a welcome step for the time being, but there are many issues that should have been dealt with first on top priority. BJP government should not act in line with what Congress Government did to brighten its ugly face during their decades long rule. we have higher expectation from our Prime Minister Mr. Narendra Modi and Finance Minister Mr. Arun Jaitley.