"By 31st March 2022,
there should not be any Public Sector
Bank in India with less than
10 lakhs crore BUSINESS.
At any cost, to boost the Indian economy
in this competitive fights of the globalized
arena, the 'mergers and aquisitions' will
continue in special CASES.
Be it Airtel, BSNL, Idea or Reliance Jio,
we don't care; we just to see that each and
every Indian will have internet access
in his/her smartphone HANDSET.
Each and every Indian with an AADHAAR
Card number must have a SIM Card on
his/her name and that SIM Card
is a long term ASSET.
In this age of digitization, several banking
apps and digital products are surely
going to transform your mobile phone
into an e-wallet (Electronic WALLET).
Mergers of PSB Banks
have been conducted based on
CBS software technology PLATFORM.
From 12 to 8, from 8 to 4, that is, by 2025,
there will be only 4 PSB Banks and the Indian
Banking system will completely TRANSFORM.
You may ask, why such a merger; but, you
never asked what is the need of having
branches of 19 Nationalized Banks in
big market AREAS.
More the branches of several Banks,
more the defaulters, and hence Bank
employees are still waiting to get
their Bipartite Settlement ARREARS.
After the mergers, quality of NPA recovery
will automatically improve and
also the KYC QUALITY.
Number of branches to be reduced
with increased staff strength in any
rural area, urban area or CITY.
Only officers to be
recruited in PSB Banks
from now on with a minimum
graduate degree having 50% marks
throughout his academic TENURE.
There will be no clerical posts, as PO will
act as Cash Officer also, local faithful
persons to be recruited as substaffs;
ex-servicemen as security guards and
preference to be given to provide business
loans to any local reputed ENTREPRENEUR.
In any Public Sector Bank,
the HR PYRAMID
must look like a pyramid only;
by restricting too many promotions
at a time at the higher levels
in a Financial YEAR.
Apply 'Pareto Principle' type policy, where
40% of top management people till Scale-III
to have 60% of total salary expenses and 60%
of lower rank people (Scale-II to Substaffs)
will have 40% of total salary expenses
with a motivating CAREER.
Any Savings Account cannot be opened
without producing ITR-V form
or Income Certificate
from Panchayat or
Municipal CORPORATION.
UIDAI and NSDL server is linked with CBS
server to check how many savings account a
person has and a 5th savings account of that
person cannot be opened even after
valid KYC documents PRESENTATION.
Current Account will
become dormant and Drawing Power in
CC or OD account cannot
be given in CBS system without producing
latest Trade License renewal Challan
every year in respective BRANCHES.
CIBIL and CRIF servers to be linked to CBS
software with yearly subscriptions to allow
the Bankers to automatically check the
Credit Score by doing Customer ID enquiry
only to disallow any defaulter to play
the game of high level CHESS.
The power to seal or capture any
mortgaged property
under 'SARFAESI Act' to be
withdrawn from any
District MAGISTRATE.
After 120 days of the notice, the officials
under 'FATF' and 'ED' will acquire the
property directly and then may showcause
the DM about why he/she acted
against the 'SARFAESI Act' so LATE.
If a loan becomes NPA,
then that customer ID and
all its accounts will become dormant
till that customer repays
back the entire money or goes for
One Time SETTLEMENT.
Relending and Restructuring will not be
allowed in any NPA customer's Customer ID
and after compromise of the NPA, for next
10 years, no loan account can be opened
in that customer ID by any
PSB's Administrative MANAGEMENT.
As after the mergers of PSBs and
monetary infusion in it,
the Indian Economy is
going to improve AGAIN;
and the Indian PSBs competing with the
global banks will be able to tap
international markets too which
will be a huge GAIN."- Arindam Sain
there should not be any Public Sector
Bank in India with less than
10 lakhs crore BUSINESS.
At any cost, to boost the Indian economy
in this competitive fights of the globalized
arena, the 'mergers and aquisitions' will
continue in special CASES.
Be it Airtel, BSNL, Idea or Reliance Jio,
we don't care; we just to see that each and
every Indian will have internet access
in his/her smartphone HANDSET.
Each and every Indian with an AADHAAR
Card number must have a SIM Card on
his/her name and that SIM Card
is a long term ASSET.
In this age of digitization, several banking
apps and digital products are surely
going to transform your mobile phone
into an e-wallet (Electronic WALLET).
Mergers of PSB Banks
have been conducted based on
CBS software technology PLATFORM.
From 12 to 8, from 8 to 4, that is, by 2025,
there will be only 4 PSB Banks and the Indian
Banking system will completely TRANSFORM.
You may ask, why such a merger; but, you
never asked what is the need of having
branches of 19 Nationalized Banks in
big market AREAS.
More the branches of several Banks,
more the defaulters, and hence Bank
employees are still waiting to get
their Bipartite Settlement ARREARS.
After the mergers, quality of NPA recovery
will automatically improve and
also the KYC QUALITY.
Number of branches to be reduced
with increased staff strength in any
rural area, urban area or CITY.
Only officers to be
recruited in PSB Banks
from now on with a minimum
graduate degree having 50% marks
throughout his academic TENURE.
There will be no clerical posts, as PO will
act as Cash Officer also, local faithful
persons to be recruited as substaffs;
ex-servicemen as security guards and
preference to be given to provide business
loans to any local reputed ENTREPRENEUR.
In any Public Sector Bank,
the HR PYRAMID
must look like a pyramid only;
by restricting too many promotions
at a time at the higher levels
in a Financial YEAR.
Apply 'Pareto Principle' type policy, where
40% of top management people till Scale-III
to have 60% of total salary expenses and 60%
of lower rank people (Scale-II to Substaffs)
will have 40% of total salary expenses
with a motivating CAREER.
Any Savings Account cannot be opened
without producing ITR-V form
or Income Certificate
from Panchayat or
Municipal CORPORATION.
UIDAI and NSDL server is linked with CBS
server to check how many savings account a
person has and a 5th savings account of that
person cannot be opened even after
valid KYC documents PRESENTATION.
Current Account will
become dormant and Drawing Power in
CC or OD account cannot
be given in CBS system without producing
latest Trade License renewal Challan
every year in respective BRANCHES.
CIBIL and CRIF servers to be linked to CBS
software with yearly subscriptions to allow
the Bankers to automatically check the
Credit Score by doing Customer ID enquiry
only to disallow any defaulter to play
the game of high level CHESS.
The power to seal or capture any
mortgaged property
under 'SARFAESI Act' to be
withdrawn from any
District MAGISTRATE.
After 120 days of the notice, the officials
under 'FATF' and 'ED' will acquire the
property directly and then may showcause
the DM about why he/she acted
against the 'SARFAESI Act' so LATE.
If a loan becomes NPA,
then that customer ID and
all its accounts will become dormant
till that customer repays
back the entire money or goes for
One Time SETTLEMENT.
Relending and Restructuring will not be
allowed in any NPA customer's Customer ID
and after compromise of the NPA, for next
10 years, no loan account can be opened
in that customer ID by any
PSB's Administrative MANAGEMENT.
As after the mergers of PSBs and
monetary infusion in it,
the Indian Economy is
going to improve AGAIN;
and the Indian PSBs competing with the
global banks will be able to tap
international markets too which
will be a huge GAIN."- Arindam Sain
No comments:
Post a Comment