BREAKING NEWS

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

VISITOR FROM WORLD

Free counters!

YOU ARE VISITOR

Blog Archive

LIVE

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Saturday, May 14, 2016

Canara Bank Chief Manager Commits Suicide - Suicide Note Blames Seniors Over Loan Recovery Issues for Suicide

Mr. Sudhindra Murthy, Chief Manager in Canara Bank, JP Nagar (Bangalore) branch has committed suicide. The reports indicate that the 57 year-old Chief Manager of Canara Bank committed suicide by hanging himself from the ceiling fan of his house after performing puja around 1am Wednesday. He was apparently disturbed over constant harassment by his senior officials over loan recovery issues.
It has already set ripples among the officers community across the banking industry. We were wondering whether this should be an issue to be raised on this forum, and decided to share this with a heavy heart with bankers across India as we feel the problem of harassment of junior officers is at banking industry level, and not merely confined to one bank – though the magnitude may be different in different banks.
Although the final details of the suicide, reasons for the same and action taken by police and bank will be known only in days to come, yet the various news items, and emails from our readers have brought the following facts / comments in this case:-
TOI reports that Murthy hanged himself from the ceiling fan of his house after performing puja around 1am on Wednesday, April 27th. He is survived by his homemaker wife & two daughters. Asked why he was performing puja late in the night, Sudhindra said he wanted to ask god something. After the puja, he locked himself in his bedroom before taking the extreme step. The incident came to light around 6am when his younger daughter opened the bedroom door and found Murthy hanging from the fan. He had used the shalya (shoulder cloth) which he wore while performing puja to hang himself.
Mr. Murthy's wife told the police, "My husband led a tense life; he would say loan recovery is eating into his happiness. He would get constant calls from his seniors, seeking explanations on loan recovery issues. The seniors would direct my husband to grant loans to persons recommended by them. But when it came to recovery, only my husband took the blame."
His suicide note gave details of how his seniors allegedly harassed him for not recovering loans. The suicide note reads, "I am harassed by seniors over loan recovery issues. Should I visit each loan holder's house and beg for instalments? I should have been assistant general manager by now. But my seniors spiked my hopes of promotion saying I was not recovering loans properly," Murthy wrote in Kannada.
We are also sharing a note written presumably by Mr. Murthy, and sent to us by one of our esteemed readers. Please take a moment to read the letter, and think about the situation under which Mr. Murthy was forced to make this decision. We believe that every banker can feel the pain that Mr. Murthy was going through, and can introspect on our own situations.


 
 SOURCE FROM abs

No comments:

Bank of Baroda Officers Union announces All India strike against New Transfer Policy

The All India Bank of Baroda Officers’ Association has declared a strike in protest against the bank management’s new anti-officer transfer ...

script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">