Dhanlaxmi Bank: Director K Jayakumar exposes top brass while resigning - Moneylife

Dhanlaxmi Bank: Director K Jayakumar exposes top brass while resigning - Moneylife

My VIEW:

Ref: Article and the first two online comments.

Perhaps, we need to give more thought to mature views like "...I have lost faith in the capacity of this management and its ethos that has missed the wood for the trees. I wonder why the initiatives approved by the Board and the several suggestions and admonitions of the RBI have repeatedly failed to yield the desired results. I am shocked by the abysmal lack of grace in dealing with difficult situations that ought to have been handled with sagacity and foresight. I am pained at the short-sightedness that fails to regard the commitment and contentment of the employees as paramount for the survival and success of the Bank in its darkest hour" expressed by Jayakumar. Issues can get diverted and the seriousness can get diluted by dragging Subramanian Swamy's comments on Dr Rajan. Swamy has spoken a lot more after he had suggested a replacement for Dr Rajan and Dr Rajan has given many speeches after he had used 'Dosa' prices to explain inflation. Let us also move forward and think about proactive suggestions that can save the system.
M G Warrier

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