UCO Bank Pune Zone has released a circular ordering officers to work on holidays. The order said that officers have been asked to work on 26 and 27 April 2025 to monitor the KCC Loans Accounts.
The letter said – In an effort to improve the performance and monitoring of KCC (Kisan Credit Card) SGNPA (Special Mention Account – Non-Performing Assets) accounts, UCO Bank has scheduled a special rectification camp across its Pune Zone. The camp will be held on 26th and 27th April 2025, and selected officers from the Zonal Office have been assigned to visit various branches to support the initiative.
Purpose of the Camp
The main aim of this camp is to assist branch teams, review the progress of SGNPA rectification efforts, and ensure that corrective actions are being taken to reduce NPA (Non-Performing Asset) levels under the KCC segment. The officers will provide guidance and collect field insights that will help in better managing loan accounts of farmers under the KCC scheme.
All assigned officers have been instructed to:
- Provide support and guidance to branch staff.
- Monitor the status of rectification of SGNPA accounts under KCC.
- Ensure that branches are taking timely action to meet set targets.
- Submit a detailed report of their findings and suggestions by 28th April 2025.
What is the issue?
The people on social media are criticizing the Bank for calling officers on holidays. The main points raised on social media are:
While the whole banking sector is calling for 5 Day Banking, such directives are seen as a big hurdle in the implementation of 5 Day Banking. Holidays are provided so that officers can relax and maintain a good work-life balance.
If officers will work for all the 7 days in a week, then when will they get the time to spend with their family and friends. Family, Friends and social life are an important part of life of human being and a human should be active on his/her social life.
Another important point is the utilisation of public money. UCO Bank is a public sector bank and the money in the bank belongs to the public. The bank has ordered officers to work on holidays and Bank will pay the officers for working on holidays. Normally officers are paid around Rs.1500-2000 per day for working on holiday. This is just mis-utilisation of funds.
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