This PSU Bank orders Officers to work on Holidays

 

A circular issued by UCO Bank Pune Zone instructs officers to report for duty on holidays. According to the order, officials have been required to monitor the KCC Loan Accounts on April 26 and 27, 2025. According to the letter, UCO Bank has planned a special rectification camp throughout its Pune Zone in an attempt to enhance the performance and supervision of KCC (Kisan Credit Card) SGNPA (Special Mention Account – Non-Performing Assets) accounts. Selected officers from the Zonal Office have been assigned to visit different branches in order to promote the program, and the camp is scheduled for April 26 and 27, 2025.

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.