TheBanker’sMirror
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Who is really responsible for the slow death of Public Sector Banks? For nearly 10 years, PSB expansion has been deliberately frozen. Branches grew by barely 1%. Meanwhile: Private banks expanded 70%+ SFBs went from ~70 branches to 8,000+ 15 PSBs were merged. Almost 11 new SFBs were opened and approved. Who pushed the mergers? Who aggressively promoted SFBs? While PSBs were kept busy with merger chaos, privatisation talk, and endless internal torture of Scale I–III officers through daily VCs and telephone harassment… private bank executives were out marketing to corporates for salary and business. And what about the insurance commission loot? Executives milking public money for personal commissions, tours, trips and sponsorships — all while customer trust collapses. Has even one such executive been seriously punished so far? Can insurance companies be forced to declare every commission above ₹5,000 paid to bank executives? The poor are still paying 15–35% interest even on secured gold loans. SFBs enjoy NIM of 6–9%. NBFCs 10–14%. And they get priority sector classification. Is this not a shame? Is DFS even aware? This is not just “PSB inefficiency”. This is the combined failure of DFS, Finance Ministry and a section of bank executives who treat the system as their personal fiefdom. Gen Z will not silently accept this. More names will come out. Either remove the corrupt executives now — or keep merging and privatising. The poor will keep paying more. Reservation will keep shrinking. And PSBs will keep funding NBFCs while the system pretends it’s “priority”. Is that the plan? DFS Nirmala Sitharaman All India Bank Officers' Confederation (AIBOC)
TheBanker’sMirror54,075 views • 12 days ago
Indian girl in New Zealand says: 'Here, people work 9 to 5, get thanked for normal work, and boss tells you - go home on time. No pressure to sit late. In India? Late sitting = 'hard work'. Leaving on time = 'not serious'. Bankers fighting for 5-day week over a decade but still stuck in this toxic culture. Asking Regulated working hours is like commiting a Sin in India ... True hard work is doing good job in office hours - not showing off by sitting late. Wake up India! Need regulated hours + fair pay. DFS Nirmala Sitharaman Regulated working hours and 5 day work week is not a luxury but a necessary one for #worklifebalance
TheBanker’sMirror107,723 views • 1 month ago
No ED or MD is pushing insurance for the bank’s interest, whether PSU or private. It’s pure incentive. Weekly “login days”, mis-selling insurance as savings plans, looting crores from ordinary people. Mis-selling is also a 420 job, a white-collar crime. Top executives who encourage this mis-selling are chors , cheating and looting the public. It's Neither public good nor the bank’s long-term interest. Stop blaming frontline staff. Ask the EDs and MDs and Few GMs whose pockets got filled... State Bank of India Punjab National Bank Bank of Baroda Canara Bank Union Bank of India Bank of India Indian Bank Indian Overseas Bank Central Bank of India Bank of Maharashtra UCO Bank Punjab & Sind Bank
TheBanker’sMirror29,108 views • 20 days ago
"Maratha 'warriors' once again harassing a Hindi-speaking Canara Bank official inside a Maharashtra branch! Loud arguments, finger-pointing, chaos, and open mobile recording , all happening right in the banking hall. Who authorised filming inside bank premises? Where are the RBI and DFS security protocols? Banks have virtually ZERO security , no protection for staff or customers. Anyone can walk in and create mayhem? We deeply respect Maratha brothers and sisters serving across India , in Tamil Nadu, Karnataka, Kerala, Telangana, Bengal, Punjab, Haryana, and beyond , where local languages dominate and they adapt without complaint. But the same groups create drama against Rajbhasha and Hindi-speaking officials posted in central government and public sector banks? This language hypocrisy must stop. Bank employees already battle daily targets, NPAs, recoveries, frauds, and unrealistic pressures. Now this? Enough! We demand strict action against such incidents, proper security deployment in every branch, and basic respect for all officials irrespective of language. Stop harassing bank staff , they serve the nation, not personal egos. #MarathaHypocrisy #FakeLangauageWarriors #Maharastra Canara Bank Devendra Fadnavis
TheBanker’sMirror35,232 views • 1 month ago
UFBU grows weaker every day , not by the enemy, but by its own selfish leaders. They won’t even sit with their own UFBU allies for a single meeting The mask slips. The self-interest stands naked. AIBEA & AIBOC Drama only due to SBI, Kick SBI out of PSB first, IDBI in to PSB group everything will be set right Six months of silence → one dramatic strike call → another six months of nothing. 5-Day Banking reduced to a recurring stage play. No ideology. No fight for members. Only the script. Only the delay. Only the betrayal. #5DAYBANKING
TheBanker’sMirror15,740 views • 23 days ago
This video from SBI Udangudi branch (Tamil Nadu) is pure gold ❤️ A customer shares how the staff treated elderly villagers and less-educated customers with extraordinary patience and kindness , guiding them step-by-step, explaining in simple Tamil, repeating without making anyone feel small or embarrassed. No rushing, no passing the buck, every counter working smoothly. This is what real Public Sector Banking looks like on the ground. This is the beautiful heart of PSBs — serving the poor, the rural, the last mile with dignity and empathy. This is why Public Sector Banks were created: as the real backbone for financial inclusion, poor upliftment, and inclusive economic growth. But over the last decade, everything changed. PSBs were pushed away from directly reaching unreachable areas. Instead, they started large-scale funding of NBFCs and MFIs. Now the poor in remote villages depend on players charging 24-36% interest. The justification some offer? “Poor were anyway paying high rates to moneylenders… so what’s wrong?” This is NOT an acceptable standard for public banking in India. Core banking got diverted to profit centres. Focus shifted to insurance pushing, cross-selling, and skewed targets where a few executives and connected people could earn incentives and commissions. Loan transfers, “performance” metrics, fee-based products , all turned into avenues for personal gains while the real mandate of serving common customers took a backseat. In the name of “reform”, “efficiency” and “modernisation”, we created a strange system: PSB funds flow cheaply to high-cost lenders instead of directly to the poor. Branch staff are judged more on insurance numbers than on the patient, respectful service seen in Udangudi. “Financial inclusion” success is celebrated by how many NBFCs, MFIs and SFBs we strengthen , not by how many villagers get affordable, dignified banking at their local branch. Meanwhile, the real heroes, branch staff across India , continue holding the fort with whatever is left. Mergers reduced physical presence in rural areas. Privatisation talk never stops. SFBs, MFIs and NBFCs are promoted as the new heroes. All this while the actual backbone , Public Sector Banks , is weakened, its staff pressured, and its core purpose diluted. Yet this video proves one powerful truth: When PSB staff are allowed to focus on real customer service without toxic pressures, they deliver magic. The staff at Udangudi branch showed what is possible ,and what the people of this country deserve. This beautiful reality should be the norm, not a rare surviving example. Preserving and strengthening Public Sector Banks is not optional. It is essential for: • Affordable credit to the poor and MSMEs • Genuine last-mile financial inclusion • Balanced national growth • Public welfare over private profit Say NO to Privatisation of PSBs. Say NO to mergers that shrink rural reach. Say NO to policies that sideline PSBs in favour of high-interest NBFCs, MFIs and SFBs. It is time to bring the focus back , on the people, on the branches, on real inclusion. This is the reality we must protect and expand. DFS Nirmala Sitharaman State Bank of India Bank of Baroda Punjab National Bank Indian Bank
TheBanker’sMirror21,739 views • 1 month ago
Outrageous and deeply painful. An official forced to fall at a customer’s feet—while she stands unmoved and causal Nirmala Sitharaman — when banks themselves don’t follow your advisories, why issue them at all? Just to create blind hope among officers? If DFS can’t ensure basic compliance on linguistic-based postings, what exactly are they regulating? Officers are being publicly humiliated—while policies gather dust. Is this governance or just tokenism? This humiliation could have been avoided. The bank ignored DFS's advisory on linguistic-based postings up to Scale III. Goons are a reality, but such avoidable cruelty is a failure of policy. Why push an officer into near-naked vulnerability—just because he couldn't speak the local language? This isn’t just mismanagement. It’s institutional neglect. State Bank of India Punjab National Bank Bank of Baroda Canara Bank Union Bank of India Bank of India @IndianBank_in CentralBank Indian Overseas Bank UCO Bank Punjab & Sind Bank Bank of Maharashtra
TheBanker’sMirror70,877 views • 1 year ago
Bank employee refused to speak Marathi; MNS demanded his transfer. Should we thank MNS for helping a bank officer get a transfer to his home state? Or blame the bank for not following DFS guidelines to accommodate officers at least up to Scale-III in their home state? Or blame Ministry of Finance and Nirmala Sitharaman for not framing clear policies to stop goons from threatening bank officials while on duty? Anyway, everyone is happy MNS got attention,😊 the officer got a transfer,🤣 the bank got embarrassed,🤫 and policy is still “under process.”😝 Perfect system. Happy ending. 😝
TheBanker’sMirror28,269 views • 6 months ago
Why can't execs step out of cabins to source corporate salary accounts? Why only field staff victimized? Raised voice for dignity 🙏👏👏 This isn’t just Canara Bank. All PSBs are doing this—after shifting focus to insurance and MFs. One side deposit mobilization, other side ULIPs. What the hell is happening? Brainless. Imposing targets with no logic shows malafide intent. We are working sincerely for the bank, but not ready to follow nonsense executives with no-sense targets. “Gumke aajao”? Shameful to use such language. Deleted accounts opened? If so, a welcome move. Finally, the day arrived—people woke up against the intolerable pressure on field staff. Can’t the MD and EDs step out and meet HNI clients to source accounts? Do they have any work other than time-pass VCs? DFS Nirmala Sitharaman Newton Bank Kumar WeBankersOfficial®
TheBanker’sMirror40,780 views • 1 year ago
Dear Officers, DFS has now clearly divided the officer community Upper Class: Scale IV & above Lower Class: Up to Scale III ( Few Only Knows Divide and rule) Now If we asked to choose: A) 27 days leave 😊 B) 15 days PLI 🤑 What will be your choice? All India Bank Officers' Confederation (AIBOC) United Forum of Bank Unions DFS Chief Labour Commissioner (Central) ReserveBankOfIndia Nirmala Sitharaman Rahul Gandhi
TheBanker’sMirror18,638 views • 6 months ago
Even resignations not accepted in Banks! A lady officer stuck in Udupi, kids in Pune – living under daily stress. DFS issues advisories, but banks ignore them. Lakhs of crores written off without hesitation in PSBs, but one officer’s resignation = rejected even no financial loss to the Canara Bank Who will punish GM HRD, CGM, ED, DMD, MD for non-compliance? Of DFS advisory and harassing female officer. #JusticeForBankers Nirmala Sitharaman Narendra Modi PMO India
TheBanker’sMirror25,800 views • 1 year ago
Dear PSB executives , kindly ensure officers’ & employees’ interests and dignity are protected. Not just in your bank , all PSBs must follow uniform policies, not personal whims of executives. 📌 Public Sector Banks are: ➡️ Built on taxpayers’ money ➡️ Meant to serve the public, not exploit staff ➡️ Institutions of trust, not favoritism Be true to the institution. Be true to your officers. Be true to the public. Protect the dignity of PSBs’ name. DFS Nirmala Sitharaman Central Bank of India
TheBanker’sMirror21,583 views • 11 months ago
This is the cruel reality No limit for working hours Day end not possible without achieving non-achievable targets No adequate staff No Saturday, no Sunday Pressure and threats not every day but every hour This is not banking, this is harassment. DFS State Bank of India Nirmala Sitharaman Narendra Modi #5DaysBanking
TheBanker’sMirror20,170 views • 1 year ago
This video is the need of the hour and must watch for all HRM of PSBs and top bosses of any industry. From the Industrial Revolution ➡️ to the Information Revolution ➡️ to today’s Social Revolution — where workplace quality and life balance matter more than just money. But in PSBs, many still cling to old-school ideologies — stuck in a “boss and slave” mindset, fostering a toxic and vulnerable environment. It's time to evolve.The generation needs more work life balance , Not just money and no more slavery treatment ,but a friendly environment to work , And It’s time for #5DaysBanking — not just for productivity, but for respect, balance, and a better future. DFS Nirmala Sitharaman
TheBanker’sMirror19,813 views • 1 year ago
Hon. MP Supriya Sule rightly champions #5DayBanking with "Work Smart, Not Hard." But DFS thinks otherwise—playing shepherd, herding PSB staff like goats into useless tasks. Neither thinking themselves nor letting us think. Their mantra? Bury PSBs, abolish RRBs, bloom private banks!, NBFCs ,SFBs ,MFIs; DFS keeps us busy with insurance, social security schemes, asking to work for PFRDA and forces us to lend to SFBs, MFIs, and NBFCs. Their priority? Profit over service. Financial inclusion through MFIs is a masterpiece of exploitation, slicing the poor with hefty interest rates. DFS has become a brainless baby, led by a herd of corporates. DFS Newton Bank Kumar Nirmala Sitharaman WeBankersOfficial® Narayana Murthy Ministry of Finance
TheBanker’sMirror23,820 views • 1 year ago
A 32-year-old SBI manager in Kasganj, UP, commited suicide #justiceforakashverma DFS, Nirmala Sitharaman conduct a proper inquiry and ensure the entire remaining service amount is paid to the victim's family. We dont believe in inquiry of State Bank of India and State Bank of India Building profit over employees life. His wife stated that superiors frequently called him on Sundays, CONTINOUS Harassment , and denial of leave leads to suicide #JusticeForBankers Why are bank officials permitted to intrude on personal time? DFS, how can you justify calls on Sundays? Bank: State Bank of India (SBI) Incident Location: Kasganj, Uttar Pradesh Name : Akash verma Allegations: Harassment, Denial of Leave, Unacceptable Sunday Calls Urgent Need: Fair complaint mechanism, Mental health support, Work-life balance, Respect for employee rights Nirmala Sitharaman, we urge you to: 1. Conduct a proper inquiry into this matter. 2. Ensure justice for the deceased's family. 3. Ensure the entire remaining service amount is paid to the family. 4. Dismiss the official in charge who called on Sunday. This isn't about the rights of superiors; it's about fairness and human dignity. Action must be taken to prevent such tragedies. Sucheta Dalal Rahul Gandhi Mahua Moitra The Hindu Newton Bank Kumar Alankrit Shukla WeBankersOfficial®
TheBanker’sMirror22,731 views • 1 year ago
Marathi language row again in SBI Maharashtra. Branch staff only follow posting orders—transfer postings are decided by HO/ZO HRD. If there’s an issue, ask them, not frontline staff. Branch officials, kindly guide such customers to RO/HO in future. State Bank of India CMO Maharashtra DFS Nirmala Sitharaman
TheBanker’sMirror11,259 views • 11 months ago