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Can Indian banks think of joining global league?
India's largest Private sector bank and overall second largest bank in the country, ICICI's managing director, Chanda Kochhar has said Indian banks must aspire to scale up their activities significantly to join top global league.

However question is while mismanaging and harassing thousands of ordinary pensioners, can Indian Bank think of joining global league?

India did seems to have got independence 68 years ago but it seems even after independence nothing has changed for the ordinary pensioner. All the pensioners want is their Pension/DA on time, is it too much to ask for?

Following example explains the mismanagement and carelessness in the Central Bank of India where a pensioner /retiree (2004) V. K. Gupta's(PPO No.-4234) pension was held up at least 10 times, whose Pension Arrears as per sixth pay commission still held up for 7 months.

As per the Indian law even government of India can't stop the pension of a retiree but Central Bank of India officials has shown total disregard to the Government of India initiative.

Only in India, Indian bank officials can continue to mismanage while harassing ordinary citizens.

Perhaps Kochhar should advise her CMD counterparts that before thinking of joining global league, Indian banks should put their house in order otherwise they may become the laughing stock at the international stage.

Editorial NOTE: This article is categorized under Opinion Section. The views expressed in this article are solely those of the author and do not necessarily represent the views of merinews.com. In case you have a opposing view, please click here to share the same in the comments section.
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