PRIVATIZE MANY PSU BANKS AS EARLY AS POSSIBLE; OTHERWISE, THE REVIVAL OF INDIAN ECONOMY IS ALMOST IMPOSSIBLE !!!

"In majority of PSU Banks, 

there still exists poor 

IT INFRASTRUCTURE; 

shortage of manpower is now becoming 

a serious issue as it is hampering quick 

services in the PSU Banking STRUCTURE. 

Only State Bank of India, 

to some extent, has been 

successful in specific office 

order IMPLEMENTATION; 

in other PSU Banks, it is a 'Khichdi' type 

office order, where the employees get 

confused that in which task, they will 

give more CONCENTRATION. 

Go to any private bank, there is 

a 'May I Help You' HELPDESK; 

based on your queries, they will guide 

you to any respective specialized DESK. 

Unlike in PSU Banks, 

generally, almost all 

private banks have 'READYKIT'; 

a customer is getting ATM, Chequebook, 

Passbook on the first day itself, this 

marketing strategy is really so SUPERHIT. 

You want a loan, just give your PAN Card 

and AADHAAR Card, a private banker 

will immediately give you, your 

Credit Score Card PRINTOUT; 

if your CIBIL score is above 680, they will enter 

your details in 'Loan Appraisal Management 

Program' (LAMP) software, and then the entire 

softcopy in a printed format will come OUT; 

then those papers are uploaded in 

'Advances Approval Management' (AAM) 

software after taking your SIGNATURES; 

within a very short period of time, the loan 

get sanctioned, which is one of the 

best speedy banking FEATURES. 

Privatize many PSU Banks 

as early as POSSIBLE; 

otherwise, the revival of Indian economy 

is almost IMPOSSIBLE."- Arindam Sain