IMPLEMENT BPI, LRI AND HELP IN NPA RECOVERY, ELSE MANY BIG PSU BANKS ALSO MAY NOT SURVIVE !!!

"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