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Suggestions invited for improving performance of Public Sector Banks

Start Date :
Jan 01, 2015
Last Date :
Jan 01, 2015
04:15 AM IST (GMT +5.30 Hrs)
The information provided here ...
Bank should start working in 24X7 in city area , so In case of any urgency customer can visit that branch which is supposed to be open at that point of time .
The previous Congress gov has issued a Notification F.No.4/11/1/2011-IR dated March 14th, 2012. Ministry of Finance Department of Financial Services -PSB Banks who have recruited Professionals Like CAs,IT Engineers ,HR professionals in Scale II in generalist cadre are now posted in Rural and semi urban branch to do Normal work-Total wastage of Skilled Indian Youth-The matter need to be looked upon otherwise taking professional degrees as above and doing a normal work which a ordinary gradu
Bank employees pay revision must be done through same pay commission as it's for other government employees. Improve customer relationship services. Required proper Audit of all Public sector banks .Try to make Banks operations paperless as much as possible specially filling complex forms. Open stores for deposit , passbook updation other such small daily activities so that crowd can be managed in banks .Improve Infrastructure of Banks.
Banks should operate in two shifts. Day & Night. Those people who cannot find time to go to bank in day time because of busy schedule will certainly find it purposful. Also it will generate more jobs.
The PSU banks have primary focus towards lending business and they play a key role in supporting the growth of infrastructure
and also contribute in a big
way towards the social objective of Government of India by playing leading role in financial inclusi
on and extending the last mile credit to the lower strata of the society.
Private sector Banks are profit centric however PSBs
are nation centric like Agri loan,Jandhan accounts,Election duty,lower charges and Lower minimum service requirem
If we can call Jan dhan Yojna a Superhit why the Bank staffs are forced to do Strike and using the there prductive energy in a negative way -The gov should must honor the Bank staff demands which is pending since 1 Nov 2012 -Bankers have done there hard work .....
BANK AUDITS...WHETHER STATUTORY OR CONCURRENT AUDIT
This is highly expected by ca women in practice at the time of allotment of bank audits there should be quote fixed for ca women who independent in practice.
Govt promoting women participation in every field.But in bank audit allotments no attention is paid..CA women are very few who practicing independently..
Not only in bank audits but same also expected in CAG audits too..
There is Rampant Corruption in Public Sector Banks. To curb this and encourage honest Employees of bank to come forward it is very necessary that board of directors must be entirely independent of Bank and its related institutions like RBI so they cannot be influenced.
Secondly set up a 2-member independent body like Retired High Court Judges in each Public Sector Bank to hear Grievances of employees so that they cannot be blackmailed by the Bank Management.
yes exactly,they pass the buck at the drop of a hat,instead od taking descions they put it on to headoffice .red tapeism same as in any govt offices
We hear frequent complaints about shortage of banknotes of a particular denomination from the public. It is suggested that Public sector banks may take over the distribution of currency notes directly. The printing presses will send the banknotes directly to the designated banks, who will in turn distribute it to the public. This is the practice followed in Canada. The role of
RBI in distribution be reduced. The printing presses to handle printing and distribution function.