33 Bank Employees House arrested Until Pending Govt sponsored Loan Work is Completed
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Hapur: In a strict move to ensure timely loan distribution, Chief Development Officer (CDO) Himanshu Gautam placed 33 bank employees under house arrest inside the meeting hall and stationed police officers at the entrance. The purpose was to clear months-old pending work related to loan applications. By 5 PM, most of the employees had completed their tasks, with only three employees failing to do so.
Loan Scheme: Up to ₹5 Lakh Without Guarantee
Chief Minister Yogi Adityanath has directed officials to prioritize loan distribution to young entrepreneurs to support employment opportunities. Under this initiative, banks are offering loans of up to ₹5 lakh without requiring any collateral. To facilitate this, district administrations are organizing camps to collect applications from eligible youth. After verification by the Industry Department, the applications are forwarded to banks for processing.
Banks Delaying Loan Approvals
Despite the government’s clear instructions, banks were slow in processing applications. This delay became a concern, especially since CM Yogi Adityanath is scheduled to visit Meerut on March 9, where he is expected to distribute loan cheques to 100 young entrepreneurs. Even after multiple warnings, many bank employees failed to cooperate in executing this scheme efficiently.
To address the issue, CDO Himanshu Gautam and District Magistrate (DM) Prerna Sharma had instructed banks two days earlier to meet their targets. However, during a review meeting at the Collectorate auditorium on Friday, it was found that most bank officers had not completed their assigned work.
Strict Action Taken: Employees Confined Until Work Was Done
Frustrated with the slow progress, CDO Gautam and DM Sharma ordered the employees to remain inside the meeting hall until they finished their work. The back door was locked, and police were stationed at the front door to prevent anyone from leaving without completing their tasks.
Starting from 1 PM, most employees worked diligently and managed to clear their backlog by 5 PM. However, officials confirmed that employees from HDFC, ICICI, and IDBI banks failed to complete their work.
Official Statements
- Deputy Commissioner of Industries, Khushboo Singh, noted that despite the pressure, some bank employees still failed to process applications on time.
- District Lead Bank Manager, Rajiv Gupta, argued that some officials did not fully understand the loan scheme, and that the pressure on banks was excessive.
- CDO Himanshu Gautam, however, defended the action, stating that the applications were thoroughly reviewed before being forwarded. He added that the employees were released only after 100 loan applications were successfully processed.
This firm action by the district administration highlights the government’s commitment to speeding up employment-focused loan disbursement and ensuring timely assistance to young entrepreneurs.
This is unfair to make bank employees to process loan application under duress.
Loan mela culture will increase the NPA of the bank, which ultimately results in loss of public money.
Rowdies knows how to make the work done
Other department k pending work k liye kab ye officials esa karenge banks not only institution where works are pending
This action can’t be appreciated. Bank staff is highly over burdened and work very late in the night every day. For such government schemes, the government should appoint retired bank employees to solve the problem of shortage of staff. All the banks have tremendous shortage of employees and workers. This is a clear harassment and persecution of bank employees for no reason.
Bank employees are considered bonded labours not only by management but also by other high profile officers and no doubt these loans add to NPA category in near future
Apne department k pending kaam bhi karwa lein
After that loan will bewcome NPA these same Politicals will say Banks are not Recovring The Loan Amout they don’t work. Privatize them 🙄😒
Pathetic governance. And They should House arrest CM and Governer if they dont work on time.
This is not the way to get the work done in a democratic structure.
Can we expect same kind of response from administration in case of recovery
Visit any bank in the evening after 5 P.M. All the bank employees will be there and working because the “End of Day” (EOD), keyboard is with the higher authorities. They don’t allow anyone to leave the bank even at 8 P.M.
Prof Sharma ji, what you have to discuss now is the fact that even though 100% Computerisation (i.e., core banking) has been effected in the Banking Industry, it is surprising that day end process is done with manual intervention. If the Banks are fully computerised, then where is the necessity for manual intervention in which case it is not correct to say “fully computerised” (obviously a misnomer). The very idea and purpose of Computerisation was to avoid manual intervention. Please discuss.
End of the Day is minimised to an hour without any human intervention & it is fully Computerised.
But, there are few important links which needs to be done by human intervention only. For example cash not balanced. Balancing of cash needs to be done physically. Cashiers & cash Officer’s are responsible for the quality & quantity of the currency notes.
In some branches, Cashiers will not have sufficient time to complete making sections (100 pieces per section or packet). 10 packets = 1 Bundle!
Jab Tak Govt apne kaam theek se nahi karti tab tak bank walo pe dabab nahi daalna chahiye .. Jo log default kar rahe hai Uspe bhi govt ke log lagam lagaye toh aur behtar hota.. Govt ek police wala de jaanch karwaate ki loan intentionally default hai unintentionally. Bankers became very soft target for each one either customer, Govt authority, Gst, Income tax etc… bus loan default ho gaya toh phir kya Manager ke naam pe sabhi internal aur external authority bill pharma suru kar denge..
The District Administration of any state of India DOES NOT possess the authority to regulate working of any bank employee,as the same is governed by Bank Managements and corresponding Bank Officers Service Regulations.The District Administration has authority only over the day to day functions of its internal departments and it is not empowered under any statute to supervise bank employees. Compelling bankers to sanction loans by way of house arrest using police force reflects misuse of power.
Bank has the right to check the genuine of the customer before sanctioning the loan. Who will responsible if customer not paid the loan.Govt should declared bank is not responsible if loan is NPA
In North India IAS officers do not respect bankers
Government ko loan ka target nahi dena chahiye. Public bina soche samjhe application forward kr deti h..unhe kya kaam Krna ..kuch nhi knowledge hoti h…unhe lagta h government free me de rahi h….Bank manager jab loan kharab hone par responsible hota h to use loan Dene k liye force nhi Krna chahiye
Take the list of clients and send the loan list to head office and to RBI stating the whole episode. Seek Protection under the new regulation to protect the public servants and refer the government officials who had threatened and house arrested the officers and workers. Lodge the complaint immediately
HOW state govt can force bank employee for sanction?they working is not regulated by state govt. Not they r responsible to district admin..Bank management & central govt. Must take action against such arrogant offices of govt.
Please make it compulsory for each and every employee and officer to work in rural areas bordering each atate of our country.
This way, the employees and Officer’s will know why these government scheme loan’s are important for the rural youths upliftment!
I always preach what I practice. I worked as a Field Officer in a village called Lakhangaon under Bhalki Taluk, Bidar District, Karnataka State during the 2000.
I am 💯 % sure, none of the loans disttributed will ever be repaid. The opposition parties will tell the borrowers not to repay the loan. This wrong guidance will make bank worker’s life miserable as the higher Officer’s will demand certain percent of loan amount needs to be paid by the borrowers. Making the borrowers repay is a herculean Task. So, many a times recovery officers pay from their pocket Rs.100/= to show the bank, they performed their duty and got promoted. This is Life of Banker’s!
Pl make DC of Industries Kushboo Singh & CDO Himanshu Gautam give personal garuntee to these forced Loans. Let any defaults be paid by State Govt. Officials salary.
Believe God ,they will not even have any penny to even feed their family even with corrupt money.
Pvt. Banks simply dont give these type of loan even after this ugly demonstrated Administrate pressure. Becuase, its naked truth that these loan will turn NPA. Thus either way U loose your job.
Why not to lock the DM inside his office due along with officials of nagar Nigam, pwd , public health, pollution control department officials due to broken roads , overflowing sewerage, untreated industrial waste water to thrown in rivers