Reg job change related....
deepak
(Querist) 13 June 2015
This query is : Resolved
Sir,
I am currently working in a psu bank and will resign in a month as i got selected in railway deptt.
while working in bank i had recommended some loans,and want to know that if these loans become bad say npa then will i be liable for that and will this affect my new job in present or either in future.
Need ur guidance reg this.
so,pls help experts.
Thanking You.
Isaac Gabriel
(Expert) 14 June 2015
You cannot be rest assured of suitable action if the loan becomes NPA. Yet it could be manged, since legal action could be initiated by the bank against the loanee. You can join the new post.
deepak
(Querist) 14 June 2015
But Sir can it pose me in problem in my new job in future? or I m safe with my new job,actually I want to know that can it hamper my career in the job which I m going to join?I request to other member also to guide me in this.
deepak
(Querist) 14 June 2015
Can departmental action be initiated for ex-staff according to Labour or service rule?And if it is what can be consequences?
Dr J C Vashista
(Expert) 15 June 2015
Whether you were the loan sanctioning authority or a recommending person?
The bank has to rope in their staff for NPA/ bad debt accounts, conduct internal inquiry and fix responsibility.
deepak
(Querist) 18 June 2015
Sir,I m recommending officer
Anirudh
(Expert) 18 June 2015
Dear Deepak,
1. If your recommendation for grant of loan was based on the sound principles / guidelines given by the bank and based on soundness of the background documents - you need not worry - whether or not the loan account becomes NPA.
You need definitely worry if there is any lapse of any manner on your part. ONLY YOU KNOW ABOUT THIS ASPECT.
2. The bank as per their rules and regulations can go after you, in case they find any fault in your recommendation - whether you are in service of the bank or not, that does not matter.
3. The Railway department may not take action for anything done by you in your previous employment. But, in case, you get arrested on the basis of complaint by your bank, then in that event, you will first get suspended in the Railway Department.
More than this it will not be possible to think about other consequences. You have to take things as they happen. If you start thinking what all things may happen, probably you will be ending with a lot number of things than what really may happen!
