"Without the support, sincerity
and dedicated services
from the employees
of any Nationalized BANK;
the ship full of projects
like'Jan Dhan Yojana','Financial Inclusion',
'Aadhaar Linkage', and'Demonetization'
could have SANK.
But, still, the Indian Government wants
to reduce the number of PSU Banks to
increase the capital base as per
Basel-III norms and to feature
them in Top 50 global RANK.
But, the funny incident is, that the
PSU Bankers were offered
just a 2% increment
in their salary in the
recent Bipartite SETTLEMENT.
Be it BSNL or Indian Railways or Indian Post
Office, these are not in profits, and its staffs
are getting good salaries without being asked
about'salary justification' by MANAGEMENT.
RBI can implement'Branch Performance
Incentive'(BPI) of Rs. 20,000/- each to
the Top 5 branches of each Zone of each
PSU Bank based on Net PROFITABILITY.
The BPI Account will be a BGL Account
and this prize money can only be used
for NPA Compromise or OTS with Zonal
Head's permission to improve asset QUALITY.
In each quarter of a financial year, the staffs
of the'Top 5 branches for loan recovery' of
each zone will be given Rs. 1000/- each as
the(LRI) i.e. Loan Recovery INCENTIVE.
Without the support from the Indian
Government to do massive NPA recovery at
all levels of our society, it may be very difficult
for any big PSU bank also to SURVIVE."- Arindam Sain
