Do you know why all wrong orders of government blindly followed by bank's top management ?
Because DGM wants to become GM, GM wants to become CGM , CGM wants to become DMD, DMD wants to become MD , MD wants to become chairman and chairman wants two year extension.
Even top management of public sector banks which are going to be privatised will not speak a single word against privatisation because they might have been affirmed to continue on their post or to get some good post somewhere other. These officers are at a stage of their life where they have accumulated enough resources that they can easily take care of their family if they will get terminated without pension.
Second aspect is that Nexus of corporate , bureaucracy , media and government is so strong that if anyone in top management rebel then a story will be immediately created and Raids and arrest may happen and disfamy in media will also happen of such official so they like to remain silent more.
Public sector banks are giving thousands of crores of advertisement to news media and newspapers but no newschannel is in favour of bankers . In India a person who give 100 crores of advertisement to news media has authority to make channels organise tens of debates in his favour, why can't we negotiate?
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