IBA is making bank employees fool

Our beloved late Prime Minister, Smt Indira Gandhi nationalized Banks in 1969 considering all pros and cons. She was very much clear in her vision. You can see her success now in the present world scenario when the American and European countries are in the tight grip of recession. It is a matter of surprise that the norms like Basel I, II , risk managements measures are said to be strictly followed by European and American Banks and they are most effected with economic failures in their countries. Now, it is the turn of our Govt. to reward Indian Public Sector bank employees suitably for following the rules and norms issued by the Govt of India, Finance Ministry in toto. There was a period near 1980 to 1986, when a Bank employee was getting salary more than an IAS officer. Now, the politics have changed the Govt.'s views towards bank employees. They are less in numbers. That is why they are unnoticed from political angle. The Bankers are the pillars of a healthy economy.