Bank Officers Association

Government framed policy for posting of bank employees in Villages as also for posting in North Eastern States to promote rural banking and to help development work in rural areas and North Eastern states. But management of banks have always misused this excellent policy to discard non-flatterers and to torture those employees who do not indulge in corrupt practices and who do not implements bad orders of the executives.
RBI or any investigating agency on honest inquiry will find that some officers have been working in villages for two or three decades whereas flatterers of the top officials of the management have been allowed to work in Metros for decades together. When an officer do not provide gifts to General Manager, he is posted in North Eastern States on the plea of Non Performance whereas those who commit fraud or indulge in irregular credits but always provide golden gifts to GMs, DGMs, AGMs in the name of some function either of inauguration or customer’s meeting are allowed to remain in big towns.
Some officers are simply creating bad advances and some others are constrained to recover the bad advances merely to save the corrupt officers from punishment. This is why loans or advances become Sub Standard in one or two years of its disbursement. It is also a bitter fact that such bad advances are concealed by gifting Auditors and inspectors and treated as good advances till the sanctioning officer wither is promoted or get safe exit from the bank. Honest workers are made scapegoat for the misdeeds of big executives.. It is undeniably truth that excellent results exhibited through annual balance sheets are due to devoted work of good performers and it is they who are salvaging banks from the misdeeds of bad officers. As such shining balance sheet of a bank should not give conclusion that the results shown are hard work of top officials sitting in AC rooms but that of field workers who are head of a branch and who is doing hard worker even under acute manpower shortage. In banks manpower is adequately provided only to flatterers even if he has caused banks crores of rupees. Until RBI or CBI catch hold of corrupt executives and punish the evil performers and at the same time award those officers who have been whimsically kept away from promotions and unless good officers are given respectable posting and promotions one cannot imagine of any rise in intrinsic value of any bank
On the contrary PSU banks are facing erosion in intrinsic value due to dirty implementation of apparently good HRD policies. In the name of Interview any employee can be deprived of and denied of promotion. Power makes executive corrupt if the decisions made by them are not transparent and subject to review. Root cause of persistence and promotion of such corrupt officers is due to the bitter fact that even courts fail to provide justice in decades together and this is why management bosses indulge in whimsical promotions, arbitrary transfers and postings.
I request bank officers to send their personal experience and story of corrupt officers to me at dkjain49709@rediffmail.com so that such illustration may be incorporated in PIL to be filed in the court. These information will be helpful in seeking information from bank under Right to Information Act to expose the true colour of officers who have been holding top posts in the bank and who have been getting continuous shelter from Banking division, RBI and Ministry of Finance. The aggrieved officer may also send the real story about them, how they have been cheated by their bosses, how they have been denied promotion and how they have been given always critical posting. After all how long you will bear with injustice in fear of repercussion from higher authorities. One has to come out of imaginary fear and expose the true picture of bad officers. How long meritorious and talented officer will face humiliation and posting against their dignity.
I will come with name of AGM,DGM ,GM,CM and BM and tell the officer community and Government of India how reign of injustice prevails in the banking industry. I need your cooperation in making a strong case against some of CMDs who are recognized as star performers but under the shelter of such CMDs ,their left and right hand officers who themselves are facing CBI charge sheets are exploiting power for self interest.

Non Performing Officer in Banks

Now I would like to ask top management as also CBI to look into each actions of executives (scale IV to scale VII) who have been elevated to scale IV and above during last three years during the tenure of present CMD Mr. M V Nair. I hope management will be honest enough to come forward with white paper on these executives depicting their good or bad works of last ten years and prove that the action of Interview panel in giving him or her promotion was justified. Otherwise normal perception of junior officers that promotions are bought by gifting top officers will be substantiated and exposure of top management will take place. At least top 20 branches of Jharkhand or Bihar or UP or Orrisa or West Bengal will be enough to expose the unhealthy culture perpetuated by top officers in promotions, postings and transfers. Bank must ascertain profit earned or loss incurred by the actions of officers promoted to scale IV and above during last three years.

1.credit decision taken by promoted executives and the present status of these advance accounts .If the credit sanctioned or disbursed by them directly or indirectly (building pressure from administrative office on BM) above Rs 10.00 lacs has become bad ( though bad , concealed and categorized as standard in collusion with top management), reason behind it should be looked into.
2. Number of accounts and amount involved in those NPA accounts where sanction or disbursement made by such executives during last ten years.
3. Waiver of loan or sacrifice of bank's dues under compromise settlement sanctioned by them directly or through the Branch.
4. How many good accounts they have added during their posting at any branch. Good account means average balance more than one lacs. How many such good customer left the bank due to the misbehavior of BM. Overall analysis will tell about level of customer service extended by them. This will also tell the management whether they are really good officers or they were promoted after taking some gifts in cash or in kind by Interview panel officers.
5. How many bad accounts have been shown as standard in the branch but they are actually substandard.
6. It should be looked into whether there was any abrupt rise in deposits due to buying of government fund. If yes wherefrom the illegal money was managed.
7. Real cash recovery in bad accounts due to the efforts of promoted officers
8. Whether there is real positive change in the image of the bank in the area where they worked.
9. Whether the so called performance said to have been of the promoted officers was actually the performance of other honest and devoted workers
10 Whether malady created by / fraud committed by / bad advance generated by flatter officers war getting support from higher bosses due to some other hidden reason which cannot be revealed.