Shreegireesh Jalihal

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Govt banks penalised peons, cashiers over rising NPAs

Govt banks penalised peons, cashiers over rising NPAs

Rediff.com13 Dec 2019

Most of those punished were managers across different scales, from Scale 7 (general managers) to Scale 1 (officers). However, at least one bank - Oriental Bank of Commerce - revealed that 17 single-window operators (SWOs), five head cashiers, two clerks, one clerk-cum-cashier, and one peon-cum-housekeeper were among those penalised for staff delinquency. Punishments against these employees included withholding of increment, demotion for one year, and censure under provisions of the bipartite settlement.