The PSU banks are becoming non professional and non aggrssive in their business approach is a fact which cannot be ignored both by the Government as owner of the banks and the RBI as Regulator. The reasons are not far to seek for such a situation in PSBs. The technology in use, the attitude of employees, thewrong age profile of human resources in banks and the incentives they get , the unprofessional guidance they get from top managemnt etc add to the non performance of banks, Added to this the Government interference in many ways acts as a moral hazard not to perform is also not a secret. Borrwoers take full advantage of this and they also do not perform. Time a very serious view is taken to make the banks performing assets of the economy.
Dr.T.V.Gopalakrishnan
(This comment appeared in Financial Express dated 30/5/2014).
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