NBK-Dravid Posted August 30, 2019 Share Posted August 30, 2019 PNB OBC and United Canara and syndicate Union bank andhra bank and corporation Indian bank and allahabad bank Link to comment Share on other sites More sharing options...
kanagalakiran Posted August 30, 2019 Share Posted August 30, 2019 4 minutes ago, NBK-Dravid said: PNB OBC and United Canara and syndicate Union bank andhra bank and corporation Indian bank and allahabad bank Economy Ki emiina use vunda ? Link to comment Share on other sites More sharing options...
NBK-Dravid Posted August 30, 2019 Author Share Posted August 30, 2019 7 minutes ago, kanagalakiran said: Economy Ki emiina use vunda ? Can't tell now itself.. We have to wait and see.. According to me it is benefit for employees and bad for customers as there will be less number of opportunities to customers, some branches will be closed and there will be no recruitment for some years these all are disadvantages for public Link to comment Share on other sites More sharing options...
kanagalakiran Posted August 30, 2019 Share Posted August 30, 2019 11 minutes ago, NBK-Dravid said: Can't tell now itself.. We have to wait and see.. According to me it is benefit for employees and bad for customers as there will be less number of opportunities to customers, some branches will be closed and there will be no recruitment for some years these all are disadvantages for public Thanks Brother... Govt employees ki no issue even when India economy is completely down, it is only public who suffers Link to comment Share on other sites More sharing options...
rama123 Posted August 30, 2019 Share Posted August 30, 2019 Inthaku Mundu chesaru gaa...result enti Link to comment Share on other sites More sharing options...
NBK-Dravid Posted August 30, 2019 Author Share Posted August 30, 2019 20 minutes ago, kanagalakiran said: Thanks Brother... Govt employees ki no issue even when India economy is completely down, it is only public who suffers Completely wrong statement.. Btw bankers are not govt employees those are only PSUs Link to comment Share on other sites More sharing options...
NBK-Dravid Posted August 30, 2019 Author Share Posted August 30, 2019 4 minutes ago, rama123 said: Inthaku Mundu chesaru gaa...result enti SBI shown losses for 2 years and now it is recovered and showing positive results. BOB vijaya dena after merger they showed profit in the first quarter itself Link to comment Share on other sites More sharing options...
kanagalakiran Posted August 30, 2019 Share Posted August 30, 2019 5 minutes ago, NBK-Dravid said: Completely wrong statement.. Btw bankers are not govt employees those are only PSUs I am poor in this topic but are managed by Govt and salaries are based on Govt norms. I means to say they have unions which can go any level to get their demands full filled. Link to comment Share on other sites More sharing options...
NBK-Dravid Posted August 30, 2019 Author Share Posted August 30, 2019 24 minutes ago, kanagalakiran said: I am poor in this topic but are managed by Govt and salaries are based on Govt norms. I means to say they have unions which can go any level to get their demands full filled. With this I agree with your statement "I am poor in this topic" Link to comment Share on other sites More sharing options...
fan no 1 Posted August 30, 2019 Share Posted August 30, 2019 Too big banks are not good. they are creating points of total failure. US 2009 ki one of the main reason is that. On the other side, banks profits padipotunnai, consolidate cheste expenses tagginchavachu and profits create cheyochu. Link to comment Share on other sites More sharing options...
minion Posted August 31, 2019 Share Posted August 31, 2019 Sad to see Andhra Bank name go away. I have had accounts at both AB and SBI ... AB was always courteous ... that's what I remember ... somehow it was different. Link to comment Share on other sites More sharing options...
bezawadaking Posted August 31, 2019 Share Posted August 31, 2019 18 hours ago, NBK-Dravid said: SBI shown losses for 2 years and now it is recovered and showing positive results. BOB vijaya dena after merger they showed profit in the first quarter itself It would be take atleast 6-8 qtrs before the reality/impact is known. And this merging business kills creativity in bringing new products into the market as the Market consolidation cuts down competition as well. Now banks will start charging more for the same services and customers will suffer and there is no need to compete on charges as niche operating areas for these individual banks are not there to compete with each other. Link to comment Share on other sites More sharing options...
AbbaiG Posted August 31, 2019 Share Posted August 31, 2019 Link to comment Share on other sites More sharing options...
niceguy Posted August 31, 2019 Share Posted August 31, 2019 Shares konocha Dravid uncle?? Link to comment Share on other sites More sharing options...
sskmaestro Posted August 31, 2019 Share Posted August 31, 2019 Banks merge ayyaka, work force ni cut down chestaaru..... Ex : Union bank, Andhra bank Corporation bank will have one branch each in a place. Now you can shut down 2 branches and just run the show with one branch. Link to comment Share on other sites More sharing options...
bezawadaking Posted August 31, 2019 Share Posted August 31, 2019 1 hour ago, sskmaestro said: Banks merge ayyaka, work force ni cut down chestaaru..... Ex : Union bank, Andhra bank Corporation bank will have one branch each in a place. Now you can shut down 2 branches and just run the show with one branch. But needs bigger branches and little more than 1 branch staff to service customers. It won't be loss of 2/3 but can be 30% cut down. As these are public sector banks, they will not lay them off directly, instead will move them to different functional roles where people might not succeed (like sales) easily and slowly cut down on basis of performance. Link to comment Share on other sites More sharing options...
sskmaestro Posted August 31, 2019 Share Posted August 31, 2019 4 minutes ago, bezawadaking said: But needs bigger branches and little more than 1 branch staff to service customers. It won't be loss of 2/3 but can be 30% cut down. As these are public sector banks, they will not lay them off directly, instead will move them to different functional roles where people might not succeed (like sales) easily and slowly cut down on basis of performance. Cut down of work force is evident, but it will be after 3-6 months.... these banks don’t perform on par with private banks w.r.t FDs or LIs or Mutuals and Forex. So don’t get surprised if the work force is cut down to more than 50% after the merger. Link to comment Share on other sites More sharing options...
Godavari Posted August 31, 2019 Share Posted August 31, 2019 4 minutes ago, sskmaestro said: Cut down of work force is evident, but it will be after 3-6 months.... these banks don’t perform on par with private banks w.r.t FDs or LIs or Mutuals and Forex. So don’t get surprised if the work force is cut down to more than 50% after the merger. 1 hour ago, sskmaestro said: Banks merge ayyaka, work force ni cut down chestaaru..... Ex : Union bank, Andhra bank Corporation bank will have one branch each in a place. Now you can shut down 2 branches and just run the show with one branch. Union bank andhra bank corporation mudu urban area lo tappithe vere places lo 3 pedda undavu..cut down cheyaru SBI merger ekkada chesaru workforce cut down Dena Vijaya Bob kuda bagane handle chesaru workforce ni Link to comment Share on other sites More sharing options...
sskmaestro Posted August 31, 2019 Share Posted August 31, 2019 1 hour ago, Godavari said: Union bank andhra bank corporation mudu urban area lo tappithe vere places lo 3 pedda undavu..cut down cheyaru SBI merger ekkada chesaru workforce cut down Dena Vijaya Bob kuda bagane handle chesaru workforce ni If they don’t cut down, it will be really good for the employees. Can understand the situation of employees Link to comment Share on other sites More sharing options...
Kumbk Posted August 31, 2019 Share Posted August 31, 2019 Ee merging ento? Privatize cheyyakunda? Vella thuglak burralo anni wrong ideas. Link to comment Share on other sites More sharing options...
minion Posted August 31, 2019 Share Posted August 31, 2019 10 hours ago, bezawadaking said: It would be take atleast 6-8 qtrs before the reality/impact is known. And this merging business kills creativity in bringing new products into the market as the Market consolidation cuts down competition as well. Now banks will start charging more for the same services and customers will suffer and there is no need to compete on charges as niche operating areas for these individual banks are not there to compete with each other. Excellent post brother. Hopefully, Indian Govt lets free market take its course. Good ones survive and the rest perish. Natural order. Link to comment Share on other sites More sharing options...
niceguy Posted August 31, 2019 Share Posted August 31, 2019 Modi gaa ee banks ki private chesi dobbara...OCs ki future vuntadhi.. Link to comment Share on other sites More sharing options...
sskmaestro Posted August 31, 2019 Share Posted August 31, 2019 Link to comment Share on other sites More sharing options...
Mahen_Nfan Posted September 1, 2019 Share Posted September 1, 2019 Andhra bank name ni padukobettaruga Link to comment Share on other sites More sharing options...
Raaz@NBK Posted September 3, 2019 Share Posted September 3, 2019 On 9/1/2019 at 11:03 AM, Mahen_Nfan said: Andhra bank name ni padukobettaruga Name ni matrame kadhu.. Andhra bank ni kuda padukobedutunnaru.. Link to comment Share on other sites More sharing options...
Raaz@NBK Posted September 3, 2019 Share Posted September 3, 2019 Union bank losses lo vundhi.. Andhra bank profit lo vundhi.. Rendu kalipi Andhra bank ni kuda nakinchesthunnaru.. Link to comment Share on other sites More sharing options...
JAYAM_NANI Posted September 3, 2019 Share Posted September 3, 2019 On 8/30/2019 at 4:45 PM, kanagalakiran said: Economy Ki emiina use vunda ? Lol... mergers chesukoni chupinchali economic growth inka.... Link to comment Share on other sites More sharing options...
sskmaestro Posted September 3, 2019 Share Posted September 3, 2019 1 hour ago, Raaz@NBK said: Union bank losses lo vundhi.. Andhra bank profit lo vundhi.. Rendu kalipi Andhra bank ni kuda nakinchesthunnaru.. Wait for another decade of BJP ruling..... India will go to d o g s! I agree that they are serious on things like abolishing 3-Talak, 370 etc., but growth engine of the country is put in cold storage. Nobody talks about make in India now as everyone from top to bottom knows that it is a utter flop! Link to comment Share on other sites More sharing options...
Raaz@NBK Posted September 3, 2019 Share Posted September 3, 2019 2 hours ago, sskmaestro said: Wait for another decade of BJP ruling..... India will go to d o g s! I agree that they are serious on things like abolishing 3-Talak, 370 etc., but growth engine of the country is put in cold storage. Nobody talks about make in India now as everyone from top to bottom knows that it is a utter flop! Inko decade endhuku bro.. Ee 5 years lone jarugutadhi chustha vundandi.. Link to comment Share on other sites More sharing options...
Raaz@NBK Posted September 3, 2019 Share Posted September 3, 2019 2 hours ago, sskmaestro said: Wait for another decade of BJP ruling..... India will go to d o g s! I agree that they are serious on things like abolishing 3-Talak, 370 etc., but growth engine of the country is put in cold storage. Nobody talks about make in India now as everyone from top to bottom knows that it is a utter flop! Villa vyfalyalu kappi puchukovadaniki Pakistan medha ki war ki vellina surprise ledhu.. Aa vidham ga oka Tonic esthadu Modi.. Mana picha janalu Jai bharat mata ki jai ani slogans isthaaru.. Link to comment Share on other sites More sharing options...
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