The public sector banks key reforms are : 1) Given top priority to corporate governance and local government bodies specially cooperative governance in public sector banks. 2)The banks must encouraged and improved public-private partnerships. 3)The bank should strengthening its investment-friendly and loan-related policies . 4)The banks should strengthening their office-management system by scientific-governance. 5)They should make more advanced and customer friendly communication cell .

The banks should be customer friendly. Banks earnings mostly come by lending. Lending should be made hassle free.Treat Customers as human beings. Make procedures simple & hassle free.In fact the Bank Executive should visit the house of the customer to complete all formalities for loan sanction.. Give incentives to honest customers, prompt repayment of loan &interest. Honour customers having account for more than 20 years.. Improve staff efficiency on performance based incentives. .

1. Banks to be merged to create 5-6 large banks 2. All priority sector loans are to be extended at base rate of the banks 3. The intrest subvention to be extended for investment farm credit. 4. The prompt paying customers to be given benefit by relaxation in interest 5. Wages of bankers shall be covered in pay commission to aviod dissatisfaction among staff. 6. Transparent transfer policy in banks 7. Recovery of written off amount to corporates as well as wilful defaulter 8. agri based ap

Increasing the staff strength alongwith the increase in time can help to improve the functionality of the Public Sector Bank. Many PSU banks are understaffed. Govt. should make a policy for new appointments to check losses of bank. That is, a new policy of temporary appointment with minimum salary can be implemented. This way all PSUs can be properly staffed. Condition for appointment can be: purely temporary and these posts will never be permanent.

For any banks/org, performance depends upon the employees & technology. More importantly well use of these both. There is a lack of skills & knowledge among employees. They are limited to the skills & knowledge bcoz of work load and fear of facing High Risk. Even staff strength, other than in city branches are very low. More work load, high risk, low salary(compared to other govt offices), low skills & less knowledge along with frustration of not reaching targets makes employees to perform less.

Pvt. Sector Banks owns about 30% of total Banking business. Recently PMJDY was launched in which only 4% accounts were opened by Pvt.Sector Bank. Why PSU Bank's are only forced to extend Govt. policies. Why not Pvt. Sector Banks? Due to social banking, PSU banks lack something in their profitability.But it should not be meant that PSU Bank's are not efficient. The only need is to make the moral of the Bank employees up. Bank employees did remarkably well in PMJDY,but no one praised the Bankers

I suggest that All PSU/rural banks and PO savings bank should be merged as 3 or 4 banks to reduce expenditure and reduce loan intesrest so that to see the increase of lenders. Evading to repay loans taken should be curtailed by attaching the properties under revenue recovery act and evaders be punished beside recovery of loan amount. with the good service no.of customers would automatically increase. The money so deposited be spent on infrastructure development and avoid taking loan from W.Bank

Continued..This will persuade customers to bring entire his or her deposits under one bank.This will also help the banks to priortize its net worthy customers. In this way a gud customer data base can be build up which will help the bank to determine the credit worthiness of a customer to certain extent and thereby reduce the non performing assets of all the banks in our country....

Continued.... Thereshould be certain limits based on which a customer can be classified as high medium or low.These limits should be decided by the authorities.There would be certain free facilities as well which will be provided based on the classification of the customers .This will help the banks to evaluate the credit worthiness of the customers.This will help the bank to increase business because customer would be in a hurry to acquire high and medium status to avail the free services.cont

I would like to put a suggestion which might not only can help the bank to improve its profitability but also can help to evaluate credit worthiness of the customers Major problem for bank now a days is npa which can never be reduce to nil but can be tackle by preparing customer data base. Banks should seggregate their customers in three categories viz High,Medium and Low based on the advances,deposits and credit worthiness of a customer.continued.......