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Indian PSU Banks capture all most 70% of Indian banking industry, but are fast loosing there share to Private New age Banks. The increasing trend of NPA and Restructured assets of PSU Banks is cause of worry and debate. The table given below gives comparison between the PSU and private banks and seeks to explore the possibilities to improve the overall condition of PSU Banks. The parameters which are taken into consideration focus upon Retail Banking operations

The HR in public sector banks is rotten at every level. While other sectors of the economy have an enabling HR, PSU bank HR concepts still live in 1950s and 1960s and hence face the following 2 problems - old timers are interested in their pension and benefits new timers are interested in hopping to the next big packet job. HR is the basic ill of the PSU banks today. Govt. being majority shareholder may intervene and initiate PERFORMANCE BASED PAY for better PRODUCTIVITY and EFFICIENCY.

Pls change Audit system in banks. Because, Auditor never gives good rating for good customer service or how much profit they have earned but how neatly n beautifully the registers are maintained in this era of computer. secondly, either stop forcing PSBs to distribute loan under Govt Sponsored Schemes or ask all private banks too for this. How govt can force PSBs to give loan under GSS only giving part of it as subsidy. After all these loans are not to repay as general public believes.

1) Political interference in loans and advances has to be stopped for better PSU banking 2) willful defaulters assets to be taken over with out delays 3) npa should be monitored closely and officers sanctioned should held accountable for npa

Banking is a great tool that can play a major role in solving India's biggest problem, i.e. widening gap between Rich and Poor. Banks should strictly implement the government policies and orders whatever are there. If government has taken a decision, made a policy and issued a government order means, they have taken the all the views into account, and gave the order. But when you go to banks, each bank or manager talks something of their own. For example, Education Loan. Govt says no need of III

Please issue electronic receipts on deposits of amount in the banks.