Thursday, October 31, 2013

Power of Transfer Is Misused By Top Bankers To Award or To Punish Juniors

Following are Few Links to Clear how bank management use to misuse Powers of Transfer and Powers on Giving Marks in Interview to award or  to Punish an officer strictly as per  whims and caprices of top officials 

In public sector banks, transfers take place purely on the whims and fancies of top officials. Flattery and bribery play the key role and predominant role in transfer and not only transfers but also in all promotion processes. I have been harping on this blatant issue since long but none at top echelon gave value to my views. Performance and caliber of an officer is of no significance and it was never in the minds of top officials.Today's Historic Supreme Court historic judgement is enough to  substantiate my views expressed in these blogs. 

I hope at least now bank management will take the lesson and modify their Human Resource Policy and try to be perfectly honest in its execution in real sense and in true spirit.


It is astonishing that despite clear cut instruction by Ministry of Finance in Jun 2012 that banks should not transfer officers after June month and if transfer after June month  is unavoidable , the same should be approved by the board. But Banks are still issuing transfer orders violating the guidelines without keeping in mind even the torture meted out to officer due to frequent arbitrary and whimsical transfers.


It is therefore desirable that Ministry of Finance should  verify whether guidelines issued by them are followed in true spirit on ground level. If there is one or two violations, the same may be condoned. But if there are hundreds of violations in each bank every year, MOF should either punish top officials or withdraw their guidelines and give them free hand as they are using free hand to transfer IAS and IPS officers in the country to take revenge from their opponents.

It is however undeniably true that if the verdict of Supreme Court is not put into action in true sense in all government departments, there is no power on earth which can stop corruption and which can ensure safety of bank and health of banks health.

So far as oral instructions from top bosses are concerned , it is open secret that majority of  high value proposals originates from branches only when there is huge pressure , oral orders from top bosses to sanction loans to a person or businessman. Majority of promotions take place on the verbal recommendation of some powerful persons only and when any officer recommends anyone's name for promotion, marks are accordingly given in Interview by members of Interview panel. 

Even Supreme Court cannot stop such oral instruction. None of junior officers has courage to write down the oral instruction as advised Today by Supreme Court. 

Only God can express the true story of banks and government departments.

http://dkjain4970901092007.blogspot.in/2012/05/fresh-guideline-to-banks-on-promotion.html

http://dkjain4970901092007.blogspot.in/2012/05/fresh-guideline-to-banks-on-promotion.html

http://dkjain4970901092007.blogspot.in/2013/06/misuse-of-human-resource-in-bank.html


http://dkjain4970901092007.blogspot.in/2012/06/rbi-now-questions-hr-policies-of-public.html

Thursday, October 31, 2013


Do Not Take Oral Instruction From Your Boss , Your Netas

SC to bureaucrats: Don't take oral instructions from netas-Times of India




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