Union Bank Of India — Corruption in opening new branches at Union Bank of India Kolkata Region

Address:

Kolkata, West Bengal, 700020

Two new branches Thakurpukur & Belgachia are supposed to be opening soon under Union bank of India Kolkata region. But sadly all the norms and regulations of RBI & CVC have been intentionally flouted to accommodate a selected group of vendors. The entire activity of tendering for selection of various vendors and contractors(Electrical, Civil, Furnishing, Premises etc )has been made an eyewash to safeguard interests of Sri Chittaranjan Patra of Kolkata Regional Office.

The same set of vendors has been repeatedly engaged over the last couple of years for branch opening purpose and other works. CVC guidelines are never adhered to. Advertisements are published in the least circulated newspapers and required time frame for participation is not offered to the vendors. Sri C R Patra cleverly creates a situation of eleventh hour urgency to bypass CVC guidelines and employ his favored contractors. Honest officials of the bank are harassed to safeguard vested interests of Sri Patra. Even premises are selected in an adhoc manner with minimal publicity. It’s a frequent experience to see Sri Patra asking NPA borrowers of the bank for various favors(Laptop, mobile set, Ipad etc) in return for concessions in settlement.

Veracity of the allegations can be easily verified by any investigating agency. The relevant papers regarding selection of premises and vendors for the recently opened branches(eg Belghoria, Ichapur, New Town, Jadavpur etc) are to be scrutinized for revealing the wrongdoings. After inauguration Mr Patra is not concerned about the wellbeing of these branches or its customers. Several months have passed but adequate number of staff has not been posted to serve the account holders of these new branches. HR portal Union Parivaar can be quickly checked for this.

A very bad example is being set in the banking industry by Kolkata office o[censored]nion Bank of India. This trend of false urgency to circumvent CVC guidelines has to be thwarted and if required RBI licenses for new branches can be renewed. So immediately take measures to investigate and rectify the wrong doings in the process of branch opening at Thakurpukur & Belgachia. Also ensure that RBI & CVC guidelines are strictly adhered to in the process and punitive measures are taken against the deviants. Due emphasis is to be given for the proper functioning of the newly opened branches rather than opening new branches to serve vested interests of a few individuals.