Branches after branches are being opened every year but recruitment of additional manpower matches branch expansion is not ensured. Total manpower in most of the banks is almost the same as it was a decade ago. It means they are adding branches but not adding manpower. They recruit manpower hardly equivalent to number of bank staff retire or resign every year. Due to this unbalanced manpower policy , there is huge work load on all existing employees and this is why bank employees are abused, tortured and forced to work late hours, and work on Sundays and holidays . This is why bank employees are not in a position to properly carry out pre sanction inspection before sanction of new loan, nor they have time to monitor the advances disbursed by them and nor do they have time to follow up defaulting borrowers to ensure timely repayment of loans disbursed by them.
Posted on: Wed, 14 Aug 2013 01:42:37 +0000