"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