AIBOC/2018/108 dated 30.12.2018
Shri Arun Jaitleyji
Hon’ble Union Finance Minister
Government of India
YOUR STATEMENT REGARDING ACTION TAKEN AGAINST BANK OFFICERS IN CONNECTION WITH
This has reference to your recent statement on the action taken against bank officers being held responsible
for staff delinquency in NPA accounts.
You have been quoted in the media as stating:
As per the inputs received from nationalised banks, in FY 2017-18, 6,049 officers have been held
responsible on account of staff delinquency in NPA accounts…minor penalty/major penalty have
been imposed against erring officials and in all the cases, depending upon the amount involved,
CBI and police complaints have been lodged.
02. The All India Bank Officers’ Confederation (AIBOC), the largest trade union of officers in the banking sector
commanding a membership of over 3.20 lakh officers is shocked and appalled by your biased and misleading