BIG BOSS Enters Banks, Employees under Scrutiny

Mar 12, 2021 10:36 AM Merolagani

The top-level management of BFIs has started to keep a close eye in day to day functioning of their employees following the findings of trading shares during office hours.

The top-level management including Chief Executive Officer (CEO) has started monitoring those employees who are trading shares online through TMS in office hours. As per the banks, it has negatively affected their overall performance.  

An anonymous CEO said the measure is taken after the employees were found more focused on their personal work than professional.

He added that a mechanism has been set up so that information of every employee can reach directly to CEO. If any bank employee is found doing the stock trading during office hours, action will be taken.

He refrained from answering what action will be taken against such an employee. According to some bank employees, such employees have been transferred to remote branches or discard promotions.

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