Nikhil Chaudhary

SRCC (Eco Hons) 1980, MBA UBS Chandigarh 1997. Retired Techno Banker & Digital Banking Strategist. Last assignment in PNB as BPR Head & Amalgamation.

[Nikhil Chaudhary @Nikhilpnb]

Move ahead on Digital Highway. Instal PNB UPI app https://t.co/sUMxXESUGH. For any Help please mail to [email protected] https://t.co/zDrWIYI9xx

[Nikhil Chaudhary @Nikhilpnb]

PNB UPI App demonstrated at the meeting! https://t.co/kITw7GfwVZ

[Vishesh K Srivastava @VisheshKSrivas2]

Noida International Airport Will Begin Operations On April 17 Next Year With 30 Flights, Destinations Are... https://t.co/VIgFskWuCv

[Bikash Narayan Mishra @bnm1960]

त्रिमूर्ति - A New Approach.

In the 1970s and 1980s, being a banker in India was nearly as prestigious as being a civil servant. But in recent years, that prestige has diminished. When I read the woes of my young banker friends, it made me wonder: What is the missing link?

Banking, today, has become far more complex. Yet, a banker at times has to indulge his customers by printing out their passbook.
That's why, in my opinion, a Trimurti approach is required, which includes: 

Induction Revamp: 
A good start would be revamping the induction program, which often feels like a mix of history and general awareness lectures. Each bank has its own ethos, culture, and management style. The induction should aim to give new hires a fair understanding so they can begin to connect with their organisation.

Long-term Courses:
Top government officials often have mid-career opportunities to study at prestigious global universities. Unfortunately, in PSBs, only a select few at the top management level get similar opportunities, and that too at Indian institutes.

There’s a need to collaborate with institutions like NIBM and allow select candidates to pursue specialised courses. We should also find ways to make the one- or two-day training programs, often done for formality, more meaningful. 

Beyond Lateral: 
Instead of relying heavily on lateral recruits, banks should implement robust training programs for young staff in both clerical and officer cadres. As these employees grow into key roles like branch managers or regional or zonal heads, they should be equipped with the expertise to lead effectively and make quick, appropriate decisions that benefit the organisation.

There are new challenges in the industry now, like resource mobilisation and competition from different sectors, including fintechs.  Only a highly competitive, skilled, and motivated workforce can handle this new age of banking effectively.
Banking is changing; but banks and bankers will remain in this world for all times to come.

[Punjab National Bank @pnbindia]

Unfurl the patriotic spirit and take the pledge at https://t.co/M4b2JJEElQ

#HarGharTiranga #SelfieWithTiranga #JaiHind #IndependenceDay #PNB

[Dilip Asbe 🇮🇳 @dilipasbe]

Never a dull moment for Payment Systems in India!

Announcements today by Governor, RBI in MPC - Aug 2024

1. Delegated Payments on UPI
2. Increased UPI Limits to Rs. 5L for tax payments
3. Continuous Clearing of Cheques

@RBI @DasShaktikanta

[Dilip Asbe 🇮🇳 @dilipasbe]

0.5 Bn / day.

Time to revise the India Vision from 1 Billion / day to 100 Bn / month.

@RBI @DasShaktikanta @NandanNilekani @nsitharaman @AshwiniVaishnaw @FinMinIndia @PMOIndia

[Nikhil Chaudhary @Nikhilpnb]

@R_MAHALINGAMPNB @RailMinIndia @IndianRailUsers @IndianRailMedia Maybe there is a similar rope inside the wash room to lock it 🤣

[Nikhil Chaudhary @Nikhilpnb]

#TimesVerified checked out in less than 24 hours this post going around in WhatsApp groups!

[Nikhil Chaudhary @Nikhilpnb]

@MORTHIndia Policy not implemented yet! Visited car dealers in Noida to buy a new car as existing car is now 15 years old. The dealers refused to give
1 Old car SV discount & new car discount
2. Said RTO is not waiving off Registration costs nor giving 25% discount on road tax

[Nikhil Chaudhary @Nikhilpnb]

@MORTHIndia @nsitharaman Policy not implemented even after 1 year! Visited car dealers in Noida to buy a new car as existing car is now 15 years old. The dealers refused to give
1 Old car SV discount & new car discount
2. Said RTO is not waiving off Registration costs nor giving 25% discount on road tax

[Bikash Narayan Mishra @bnm1960]

बीमा ज़रूरी है....

Similar to the effort of opening bank accounts, it's crucial to educate people about the benefits they can derive from बीमा...

Read more at:

https://t.co/3C5ao5Mk0p

[AroscopOfficial @AroscopOfficial]

#Infographic: Different Areas of #AI! via
@ingliguori

#ArtificialIntelligence #MachineLearning #IoT #InternetofThings #DataScience #Analytics #JavaScript #Serverless #Programming #Innovation

CC: @antgrasso @MikeQuindazzi @Ronald_vanLoon @lindagrass0 @mvollmer1

[Vala Afshar @ValaAfshar]

KOBE BRYANT’S 10 RULES

1. Get better every single day
2. Prove them wrong
3. Work on your weaknesses
4. Execute what you practiced
5. Learn from greatness
6. Learn from wins and losses
7. Practice mindfulness
8. Be ambitious
9. Believe in your team
10. Learn storytelling

[Vala Afshar @ValaAfshar]

Useful career advice:

1 you are not your job
2 I can > IQ
3 do not speak poorly about others
4 there is no career ladder
5 lift others and you become the ladder
6 you do not need a title to lead
7 always meet deadlines
8 deliver outside of your job description
9 stay teachable - less ego, more interest
10 share the credit - win as a team
11 value high rate of learning and good judgment
12 a sponsor is more important than a mentor (find them in the office)
13 the first to follow is starting to lead
14 show up on time and taken notes
15 in a celebration be in the back, in a crisis be in the front
16 feedback is a gift - seek it and give it gracefully
17 a good coach gives feedback without causing resentment
18 we all have blind spots; challenge assumptions starting with your own
19 when smart people are stuck, they ask for help
20 most important: leave everyone and everything better than you found them

[Vala Afshar @ValaAfshar]

Never confuse education with intelligence.

Intelligence isn't the ability to remember and repeat, like they teach you in school.

Intelligence is the ability to learn from experience, solve problems, and use our knowledge to adapt to new situations.

—Professor Richard Feynman

[Bikash Narayan Mishra @bnm1960]

Unlock Hidden Property Deals. Your Amazon/Flipkart for Home Shopping!

The announcement in the newspaper about PC Jewellers caught my attention. They are negotiating with the State Bank of India to resolve a loan default, leading the bank to take over the promoters' posh houses.

https://t.co/BeptT0u8rl

While many miss or ignore advertisements of properties from loan defaulters for sale, and lose out on some choicest properties available in the market. But if you are a bit aware you can seize potential opportunities.

Engaging in the auction process for properties from loan defaulters offers an opportunity to acquire valuable assets at remarkably low prices. With diligent research, you too can unearth hidden gems, and acquire both residential and commercial property at a significant discount.

These bargain properties are like hidden treasures, and the reason they come at a steal is that most of us are blissfully unaware. Even the enlightened ones might be scratching their heads, uncertain about the whole process – it's like online shopping for real estate, but with extra drama.

Then there's this conservative bunch who'd rather keep their distance, probably afraid that buying one might bring them years of legal tangles. Additionally, a certain section of potential buyers avoid such opportunities due to superstitions or other apprehensions.

Forget the daily newspaper scavenger hunt! There's a magical website where you can find these hidden property gems, all neatly laid out on a single platform.

https://t.co/hIWEgadXCh

IBAPI portal is an initiative of Indian Banks Association (IBA) and display details of mortgaged properties to be auctioned online by Banks, starting with Public Sector Banks.

Prospective buyers may use this portal to search and view details of properties and participate in the auction process.

But consider these tips:

1. Verify property details with the bank, including the registered owner's name and encumbrances, ensuring informed participation in the bidding process.

2. The auction advertisements typically precede the event by two to three weeks, allowing time for thorough research and property inspection.

3. Check with your bank about obtaining a loan for such properties, providing an additional layer of due diligence.

4. Assess the locality and property prices in the area to make informed bidding decisions and avoid going overboard.

Happy Hunting!

[Rajiv Khurana @rajivkhurana]

Before You Put Me
Under The Wreath
I Want To Breathe
Clean Air
Flawless Air
With No Anxiety Or Despair
I Will Help You
Help Me Please
Let’s Create
The Environment
That Makes Us Live
Life With Ease
- Rajiv Khurana
@icareforlungs @DrMariaNeira @PMOIndia @narendramodi @BhavreenMK

[Nikhil Chaudhary @Nikhilpnb]

@pnbsunil @MyntraSupport Perhaps they want you to oil the budding beard before you can trim it 😁

[Bikash Narayan Mishra @bnm1960]

The Bankruptcy Code -IBC-has brought behavioural changes, but it's now time to up the ante and bring more reforms. Here is my view: https://t.co/TxinpyPf82

[Punjab National Bank @pnbindia]

PNB wishes you a Shubh Navratri filled with abundance and success!

#NavratriKeRangPNBKeSang #ShubhNavratri #DurgaPuja2023 #PNB #Success

[World of Engineering @engineers_feed]

Mathematical puzzle. Find the area of the square.