The appointment of an Officer on Special Duty in
the rank of Dy Governor from the private sector bank in the guise of
streamlining the functioning of the Central Bank and rid it of the reputation
being a monolith seems not desirable and that too in an autonomous august
institution exclusively owned by the Central Government circumventing the
provisions of the RBI Act 1934 is uncalled for and definitely not in the
interests of the economy, the institution and its human resources. It not only
takes away all the positives of the public sector character of a mighty and a
nationally sensitive organisation but also weakens the regulatory system
meticulously built up over a period for ensuring sound and healthy financial
system in general and banking system in particular.
Dr.T,V.Gopalakrishnan
No comments:
Post a Comment