INDIAN BANKING SYSTEM: THE REAL PAIN OF A BANKER

 

 

India has witnessed dramatic increase in terms of financially included population between 2014 and 2018 as it grew from  54% to 81%.The main driver of this growth may be attributed to PMJDY accounts. Apart from this Indian government has enacted  initiatives to expand quality and delivery of digital financial services(DFS) through AADHAAR biometric identification. Demonetization happened and every infrastructure was utilized to hilt. Now today Indian banking system has seen unprecedented evolution. If one industry on which Indian government today relies the most for 100% success rate of implementation of  various government schemes ,undoubtedly its Indian bank system. Time and again it was proved so. 

         But when this fairytale is narrated, the people behind this are always sidelined. The bankers... who worked day in and day out to make sure that this banking system is running smoothly, always meeting the demands of customers ,the government. They are always forgotten. Their contribution to nation was never respected or even noticed. During demonetization they executed the herculean task and served the whole nation. In the pandemic banks were never closed. Every day bankers risked their lives. But they didn’t get the respect the other frontline soldiers like policemen or hospital staff got. Bankers were always unsung hero serving the nation sacrificing their personal lives without a whimper.

     Its  pious responsibility of Indian Government to give bankers what they deserve. Riding roughshod over their demands can never be sensible. Bankers deserve better…