Tuesday, December 13, 2011

Suspension of General Manager in Indian Bank

http://www.expressindia.com/latest-news/Locked-out-of-car-Indian-Bank-CMD-slams-door-on-regional-head/795179/



The incident of General Manager Indian Bank suspension for an accidental mistake in flattery is not uncommon in banking industry. Every day numerous officers in banking industry are transferred to remote and critical place only because he or she did not flatter well to his or her boss. Not only this, officers who fail to satisfy their bosses by gifts and unrestricted flattery are rejected in promotion processes. Whimsical transfer and arbitrary promotion superseding several senior and experienced officers is the well accepted tradition in public sector banks.



Performance in bank is of no significance if one is not well versed in the art of flattery. This is one of the main reason why quality of lending is deteriorating in government banks and officers willfully avoid monitoring of bad assets and prefer to do what is warranted to keep the boss and his family happy and prosperous. .Practically officers who have expertise in keeping boss happy can survive with dignity and hence honest performers are sidelined in promotion processes and posting.



Case of Indian Bank GM is not an isolated one. Numerous cases o f humiliation to subordinate officers occurs in banks when sweet will of boss is not fulfilled. Injustice in transfer and promotion meted out to juniors are numerous but unnoticed. Undoubtedly such cases of humiliating behavior by top ranked officers promote flattery and bribery culture and ultimately strike at the root of the health of the bank.



There is however none to take of such excesses as happened with Indian Bank GM who had to suffer erosion in his public image for none of his fault. After all he had gone to receive CMD at the airport with good intention. He never believed that for a petty mistake he will be suspended by arrogant CMD.

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