Joke of recruitment at Infosys for a 18 yoe Product manager

I have around 18 yoe and worked across both IT service and Product companies. I recently went through the recruitment process of Infosys, it was an experience out of this world, never ever been shown such extreme level of disconnect from the real world. The role and JD shared is of a Prin Con and based on it I was put through a single round of Interview which I think had all veterans of Infosys on the panel. I was grilled for 1 hour from all sorts of areas based on my experience. What that JD asked for and what was explained by the hiring manager was what had a good experience in and from my standpoint I fit the bill perfectly. The TA even before coming for discussion on compensation stared asking for all sorts of documents stating that we do the background checks even before we even discuss an offer. I was asked to share my old organization PF statements, letter of authority to check my bank statements for the same period. I am not sure if this is even legal for them to ask. This has a lot of privacy red flags and ethical red flags. The cherry on the cake after doing all this at the end was that I was being offered a lower band salary which was around 40 % lower than my last drawn and the TA was stating this will all pomp and show that oh what Infy is offering is great with so much of benefits. I m really amazed by the kind of cocoon the folks in Infy live in and preach all righteousness to the world at the drop of hat. Organizations like this have spoiled our nations work culture and peoples life for years together and they keep on doing it. I know there is an over supply of talent in our country but that does not mean that that organizations like Infosys just bend the ethics and fairness to their benefit everytime. I am also aghast and intrigued as to how do the people who approve all this within the organization answer back to their own conscience and sleep well at night. One side the promoters have the wealth to buy flats worth 50 CR and more across the globe and on the other side they have setup such ethics for the workforce they hire. Amazing. I know there will be Infy purists who would just bash me for this writeup but there is for sure something amiss at that what is really going on, on ground and what is projected to the outside world. 😷