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Showing posts with the label Goa

The Dour Banker And The Swaggering Businessman

Banking in India, still remains a somewhat boring profession. For a generation and more, nationalized banks have offered job security, something poor Indians value a lot. So, there used to be (and continues to be) a lot of preparation and competition for Bank P.O. exams and Bank Clerical exams. Some got selected and joined their lifelong, drab vocation as a teller or something or the other. Some, in the executive cadre, become managers and chief general managers, etc. in these PSU banks. They're the Deciders who decide on loans running into thousands of crores. Sometimes, these gentlemen (almost exclusively men) have been found to be involved in various illegal activities such as lending to persons with rather dubious reputations such as Harshad Mehta or other third-rate businessmen or stock traders or gangsters or mine owners or whatever.