Wednesday, February 20, 2013

Change of Guard, Change of Culture

As long as DK Mittal was the Secretary, Financial Services, many chairmen were critical of Mittal because they found him to be hands-on. Now, after Mittal left, his replacement Rajiv Takru is seen to have a different approach. In a recent meeting the new Secretary, Financial Services, Takru made it clear that he will not entertain any banker below the CMD rank, a wide departure from Mittal’s way of functioning. Mittal never hesitated to interact with officers who were involved with the task assigned even if the officer was a DGM rank.

ET

2 comments:

sitendra kumar said...

If Rajiv Takru does not meet anybody below CMD's rank then who will plead our case for PENSION UPDATION. If not DG, then anybody below him i.e.ED or CGM can not meet him.Reqst DG to have urgent meeting with Rajiv Takru . Billions can go in chopper case but revenue neutral PENSION UPDATION for which we have reserves still awaits approval.

www.warriersblog.com said...

His decision not to ‘entertain’ officials below the rank of CMDs in banks in Delhi is no big deal. Of course, this should show up in reduced expenditure for ‘entertainment’. Even CMDs should be called only in unavoidable circumstances, as modern technology should be put to use and GOI should encourage tele/vedio-conferencing to save on travel time and expenditure. To my knowledge, RBI Pension updation is not linked to Rajiv Takru’s office/time management. Let us not deify a government ‘servant’ in this fashion.