Over 20,00,000 students contest banking exams every year in hope of good working and learning opportunities. Banking Industry in India is one of the biggest employers in the country with over 1200000 employees in PSU Banks (including Regional Rural Banks) and around 400000 employees in Private banks. But banks have been going through a lot of distress and negativity for past 4-5 years with mounting Non Performing Assets and growing in-contingent liabilities. The latest in the list is 11300cr scam at PNB which has jolted already ailing banking industry. But at times when sentiments are bad among public, one who suffers the most is the staff associated with banks. We are here with the actual conditions in which banking staff is working and what are the day to day problems being faced by them.
Here is an incident which actually happened: (we will not name the bank and place)
IN a meeting which is conferred in every district, A PSU bank and A private Bank were behind targets allotted to her in Government sponsored Schemes. Collector scolded the manager of the PSU bank for not doing adequate advances in government sponsored schemes (Nothing was told to Private bank) This is known as pressure on PSU banks. No manager discretion has left. A force keeps on working on every level of banking. And this all happens when we were the warriors of Jan Dhan Yojana, Atal Pension Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and other government schemes.
We would like to declare that we are associated to no political party, are not members of any anti-banking groups and are also not here to criticize banking practices. We are just here to give a few hard realities of banking these days, especially in PSU Banks.
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