Campus Hiring In Public Sector Banks

I would like to ask a few questions to those CMDs of banks who still prefer campus hiring and who feel that existing officers in their bank who have experience of decades are inferior.I like to ask these questions to those executives of banks who still advocate campus hiring as a tool to recruit talented youth . I like to ask these question to those bankers who wish to appeal Supreme Court against High Court verdict against campus hiring. 

High Court Mumbai in the first week of May 2013 in a case filed against Central Bank of India has made it abundantly crystal clear that appointing youth from campus by public sector banks is illegal and unconstitutional. Learned judge of High Court has cited various clauses of the existing laws and that of the Constitutional provisions to substantiate their order against campus hiring. 

Still CMDs of a few banks plead that campus hiring is necessary for survival and for good health of bank and this is why they are bent upon continuance of illegal and unconstitutional method of recruitment through campus hiring. In order to serve their ego, their ill-motivated task and to perpetuate corrupt culture in bank, they have been making all efforts to convince Ministry of Finance and to make an appeal to Supreme Court. I submit following few questions before them to answer.

Why probationary officers recruited in banks through All India test and after passing through ordeal of vigorous interview and group discussion are inferior to those who are recruited from campus?

They say that specialists are selected from campus. How do they come to conclusion that youth selected from campus for the post of specialists like credit officers are better than those officers who have been working as credit officer in their own bank for decades?

Why do they like to recruit officers in higher scale II or scale III or scale IV and not in scale I? Why do they like to officer higher wages to youth picked up from campus and deny the same to officers working and performing excellently for years in their banks without any murmuring?

How do they dream and predict that officer selected for recruitment from a particular colleges only are more competent and talented than youth of any other college of the country?

How do they judge within three to five minutes of interview that an individual appearing before interview board in a particular campus will be able to perform specialized job in a way better way (than their working officers) which bank intend to be performed by such recruited officer?

Will they submit an affidavit by oath that all such specialized officers recruited through campus during last five to ten years are doing only specialized work for which they were recruited? And will they certify that the same nature of work cannot be performed better by low paid officer of that bank?

 How do they come to conclude that freshers picked up from a college campus will be able to understand the intricacies of bank’s job? How will they judge honesty and integrity of such youth?

How dare they assign the post of Branch Head to such directly recruited officers without testing their love for bank customers, their honesty and integrity and their capacity to judge the creditworthiness of a loan seeker?

Will they honestly admit that merely educational qualification or high marks given by colleges are not sufficient for service oriented industry like Bank?

Will they say on oath that majority of officers recruited from campus are doing better than already working officers performing same nature of work since long?

Will top bankers make it clear why more talented youth cannot be selected for specialized posts through All India test in the same way as normal officers are selected?

Is there any college in the country which imparts training on skills needed for banking job and especially for work supposed to be performed by so called specialized officers?

Offices who have been working in a bank for years together and who have been performing satisfactorily on all types of works are also subjected to written test, group discussion and interview in addition to various weightage given to such officers on parameters like educational qualification, experience, rural posting, honesty and integrity etc for their promotion from scale I to scale II and so on.

When top bankers are not able to assess the ability and capability of these officers who have served their bank in various capacities and on various desks, how do they imagine testing the merit and demerit of a youth in campus within five minutes of interview?

Why corrupt bankers sitting at top post keep the provision of interview in all promotion processes inspite of the fact that all officers who appear in a promotion process has served 5 to 35 years in the same bank?

When tested and attest services of an officers for 5 to 35 years is not sufficient to judge the ability of an officer for promoting him to higher scale , how do the top bankers judge the merit and demerit of the same officer in 2 to 3 minutes of interview?

Obviously bank executives who are empowered to recruit and to promote an existing officer are least bothered of the quality of officer but more concerned about the quality of flattery and bribery available in an officer. They pick up mostly those officers for promotion who can earn bribe for them and who can flatter blindly and who are perfect yes-man.

It is worthwhile to mention here that bank management always claim that they have resorted to campus hiring to pick up talented youth and they have so called merit oriented promotion policy in their bank to pick up talented officers for promotion to higher scale. Still the volume of bad assets is growing year after year, volume of fraud has been increasing quarter after quarter and cases of bribe based lending have been increasing month after month.

Why credit officers treated as specialists and selected through campus in higher scale and at higher emoluments failed to stop financing for bad projects and why did they failed to monitor the borrowers as they were expected to ?

Why banks failed to nip in the bud, why banks failed to initiate action against bad borrowers as soon as the signs of irregularities and misappropriation of ban fund crept in to borrowers industry or trade?

Why specialist credit officers recruited from campus failed to stop and contain bad debts? Will top banks on oath say that all bad debts are only due to global recession or natural calamities or due to interest rate hike?

 Every public sector bank spend crores of rupees every year on training and every years hundreds of officers are trained on various skills needed for bank's job. There are examples of bank which give year long training to an officer to make him or her perfect credit officer. still these trained officers are not treated better than those who are picked up from campus ? 

Why?  

 Is training system in these banks totally useless and worthless? 

Will banks stop spending on these colleges and faculty members?

And if even year long or month long training imparted to an officer on any subject is not enough to make him able and capable, how do the top bank executives who advocate campus hiring find it easy  comfortable and beneficial for bank to pick a totally new youth from a campus?

Will top bank executive introspect and admit that expenditure of training made by that bank is also a fraud with the system?

Will banks admit that recruitment of probationary officers in bank through All India test or through IBPS is also a cheating game played by IBPS ( manned by top retired and corrupt bankers only ) in nexus with bank officials?

It is also to be kept in mind that even top companies under IT sector also do not find all youth from B School or Technical colleges fit for their job. Moreover all youths selected for a particular job is first trained to develop skills as per requirement of the company and then a work is allottedto him.

Private companies can pick up youth for job in their company even from his neighboring house or from the house of relatives and friends to oblige them. Can government allow such nepotism in public sector units too?

IN fact poor and middle class students cannot afford expenses required for higher education , it may be MBA or BE or medical. As such poor person even if more talented than a B school youth may not get chance for job any time any where if private as well as govt companies fill up their vacancies from a few high profile campus only. In my opinion even private companies should follow the principles of equal opportunity for all when they employ person more than 100 person