Letters to the editor

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Published: April 17, 2015 12:31:21 AM

Rethink lateral entry

Rethink lateral entry

This refer to your edit “Reimagining PSU Banks”(April 16). Your view that one’s CV gets an added sheen if he (or she) turns around an ailing public sector bank (PSB) needs further analysis. Small or mid-sized or large PSBs carry a big baggage of bad assets. The top boss can only draw policies and strategies but the field-level managerial staff should get motivated to do the herculean job of recovering these loans. What is the motivation for them? Regarding other ways to attract talent to top posts, self-motivation is only the key to get into such posts. How many of our private sector top guys are self-motivated to even sacrifice their huge pay packets? It is simply doubtful.

KV Rao, Bengaluru

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