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Are Flattery and Bribery The Only Mantras for Promotions to Top Ranks & Creamy Postings in Public Sector Banks


Danendra Jain


Are Flattery and Bribery The Only Mantras for Promotions to Top Ranks & Creamy Postings in Public Sector Banks


Branch Managers of a bank are passing through bad days.  His boss asks for growth in deposit as they desire, they want lending.   They even promote accepting bribe from borrowers and then paying bribe to government departments for mobilizing bulk deposit.


They (bosses) do not mind if loan sanctioned by Branch head goes bad provided bribe earned by Branch head is honestly shared with bosses and a little portion of such ill earned money is tactfully spent on auditors, vigilance officers and other visiting officials.

Branch Manager who is master in art of giving bribe and accepting bribe can only succeed in his career; he can get cream posting and quickest promotion and it is he who gets respect and recognition in all meetings and interviews.


On the other hand if a Branch Manager avoids sanction of loan to bad persons he will earn bad name in his locality, his bosses will rebuke him for not achieving target fixed for lending and for other parameters. If he does not adopt path of flattery and bribery he may be transferred to such a place where bad assets are enormous and the person who sanctioned bad loan is now one of top ranked executive. In every meeting with bosses, such branch managers are main target because they fail to recover the money from bad borrowers as per whims and fancies of the bosses. Such BMs are always stressed and frustrated in life and face humiliation in all meetings and rejected in promotion processes.


It is bitter truth in a bank that accountability is never fixed on officers who caused the assets to become bad but fixed on officers who is not perfect Yesman of his bosses. As such if one has to remain in power, he or she must learn the art of flattery and bribery.


Let the bank go to hell, let the assets turn from good to bad and bad to worst, but do not forget to extend red carpet welcome to bosses when they visit to your branch, do not forget to offer golden and diamond gifts to bosses whenever you met them.


Please keep in mind that since all bad assets which were created and concealed by top executives during their posting as branch head or regional head are now getting exposed due to RBI’s directive to declare NPA only as per system. As such even CMDs and EDs are getting the same humiliating treatment when they meet Ministers, Finance Secretaries, and senior officers in various regulating offices and even in press conferences .General Managers are rebuked by CMDs and EDs and then GM rebukes DGMs and AGMS and in the same way culture of firing percolates down the level and upto field officials.


There is no valid excuse for non achievement of lending target but there are several acceptable excuses for asset turning bad and for non recovery in bad accounts.  It may be kept in mind that if the loan sanctioned by you become NPA and loss asset in future, you have several common excuses to offer before bosses such as , “there is global recession”, “Sir loan became bad due to high rate of interest”, “due to bad weather business could not yield desired result” and so on.


Even CMDs and EDs are putting such excuses before MOF and RBI for unprecedented rise in bad assets in their bank.


If you are flatterer and yesman , your all sins even that of bribery and on performance are excused, but if you pose to be perfect you have to face the music of modern era and invite several diseases and family problems.


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