......As I was searching for something on banking, I came across a write up of 2005 in Rediff under the heading "Farce of Bank CMD Selection" (the original articles appears to have been published in Business Standard). As I read the article, I felt that nothing has changed in last 7 years. ......
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
2 comments:
The article is extremely disturbing.In the RBI, we should touch our hearts and search our conscience and see whether there is any difference in the selction process in the RBI.The criteria for the selection of various positions including that of the Executive Director seem to keep changing depending on the views of the Deputy Governor who happens to be in charge of the Administration.
A.Chandramouliswaran.
HR management in government and public sector needs an overhaul. Deficiencies are not restricted to top level selections. Some institutions, I do not want to name any, change norms for each selection process depending on whom they want to select. To ensure efficiency and professionalism, we have to look into the inadequacies in the existing system. As for selection of CMDs and EDs, wrong selection to that level end up in costly experiments with policies of the institution. One instance is the ‘Executive interns’ experiment in RBI.
Post a Comment