Page 41 - Banking Finance July 2021

ARTICLE

PROFESSIONALISING

BANKERS

T he recent failures of LVB, Yes Bank and PMC have bureaucratic banker who works within rules book which

hampers business growth and a businessman banker who is
underlined the need for managing banks
reckless in lending and is hungry for taking blind risks. A
professionally at all levels from the counter clerk
to the manager. The performance of a bank is the
and a blend of a chartered accountant, lawyer, computer-
sum total of the collective performance of its branches and professional banker is expected to be a well-rounded banker
the performance of branches is gauged by the performance literate, economist and an expert in behavioural science, all
of its workforce in key performance areas such as deposits, rolled into one to discharge his role effectively.
advances, profits and containment of non-performing assets.
A job profile of a professional banker in the technology-
Banking is primarily an intermediation between savers and
driven banking era requires him/her to possess thefollowing
borrowers of the society and management of humans is
competencies to enable him/her to perform well in key
central to banking. A successful bank presupposes the
performance areas such as resource mobilisation, credit
availability of abundance of professional bankers.
deployment, profit generation, good housekeeping and
complaint-free customer service.
A professional banker is one who is good at relationship-
building and business development, as opposed to a A professional banker should be competent to perform the
role assigned to him. He/she is required to possess academic
About the author and technical competencies.

Manickam Ravindran Academic competencies
Director Y Good understanding of broad spectrum of financial
Bankers Lyceum and a retired banker
of Indian Overseas Bank sector with reference to products, processes and
performance

BANKING FINANCE | JULY | 2021 | 41