Real transforamation and real reformation will take place only when government learn to award goodness and punish badness of a person, whosoever he or she may be.
Policies , rules, guidelines and various dictates used by various ministries and departmental heads go unheard and unfollowed when Human resource assigned to execute these tasks are dishonest, disloyal, untrustworthy, selfish, greedy, cheaters, flatterers , yesman and manipulators.
Our country is therefore best in making plans and policies but considered as worst in its execution. Government which will get success in reversing this trend and this evil culture will only be able to bring about real reformation and true transformation in the society.
Politicians, bankers, officers , advocates, judges , almost all are busy in preaching good sermons, in delivery of motivating lectures, in conducting various workshops, trainings, conferences and publishing of books on morals, but unfortunately very few of them are truely and honestly putting their own valuable ideas and ear-soothing moral stories in practices.
There is no synchronisation in mind , body and soul. Body of a person does not indicate what he thinks in mind and mind does not think what his soul teaches him to think. This is why , we find more preachers, more cheaters, more manipulators , more fraud committers than true and honest performers who believes and acts as per moral lesson taught to him or her or preached by him or her.
For last three to four decades , many efforts by various bankers have been taken to stop evil culture prevailing in banking system, suggestions have been made by various committees to stop evil culture in politics which exploits banking for vote banks and various acts have been framed and formulated to recover money from defaulters, training colleges have been set up in all banks to teach bank staff various methods for good lending and to take prventive steps for best moitoring and for keeping and maintaining good health of bank's assets.
But unfortunately outcome of all these efforts appear to be negligible and ineffective. Only because there is no honesty in persons who are supposed to execute them.
Bank staff are taught many lessons for safe lending and strict monitoring. They listen all and forget soon because they do not accept these theories from their core of heart
When a loan seeker approaches a bank officer for sanction of a loan, he or she forgets all principles of lending and find it better , convenient and beneficial to oblige Loan seeker if he gets some consideration in lieu of it. These considerations may be cash or in kind or a help in getting choice transfer or a favour in promotion.
Every bank has a merit oriented promotion and recruitment policy in force for last three decades, but in practice value is given by top officials not to merit but to flattery, bribery, caste and community and to recommendations received from top sitted persons , politicians and professionals.
Similarly a political person is taught several times not to press bankers for loan mela or for sanction of loan to a person of their choice or force bank to write off bad loans . But when a politician goes to field and delivers a lecture for mobilising votes during election campaign or when he gets power, he uses all unethical ways to force bankers to do injustice with bank, to favour his persons in loans etc. Code of conduct lies in papers only.
Similar is the position of lawyers, CAs, government officials, judicial officials, valuers, architects, contractors etc.
A doctor is taught hundreds of lessons for serving mankind . Doctors are considered God by those who are sick or who are wellwishers of patients. Still doctors use all unethical ways and means to cheat patients and to earn wealth through exploitation of helplessness of patients.
It is also because a person has to spend crores of rupees in undertaking medical course and getting a doctor's degree.
Similarly politicians use unethical ways to cheat voters so that they may recover multiple of amounts they spent in winning an election. All Kith and kin ,relatives and friends of powerful politicians get favour in all fields at the cost of more competent very person .
Similarly bank officers indulge in unethical practices to spend on higher bosses and to brighten their career. There is mad rush for wealth and power in all sphere of life. There is always a multi- member committee or board to select persons for higher post in transparent way and to give opportunities to best persons. But in practice, every member uses their power to give respect to choices of each member. There is a always a strong bonding , harmonic relationship and lovely unity among looters whereas on the contrary intelligent people are usually divided, whimsical and self centered.
Link to source
The Hon’ble Prime Minister of India and the Hon’ble Finance Minister of India,
Tribunals / Courts but without bias and prejudice.
Rajan speaks Truth on Bank NPA