My View on "United Forum's letter to Governor/Members of the C...":
I congratulate the Leadership of United Forum for putting up their defence so effectively against the proposed restructuring of different functions of the Bank in the name of efficiency and specialisation. Specialisation was there in the Bank which had benefitted a few and was thus replaced by introduction of Combibed Seniority in 1972 after it was upheld by the Apex Court of the country. Four decades down the line specialisation is being revisited, is questionable and needs to be resisted jointly by all. I hope Bank would see reasoning in the averments made in the said communique by United forum and would take it on board while implementing the report..
- M L Mahajan
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