To the best of the knowledge of every one IDRBT, does NOT have any established Office other than in Masabtank, Hyderabad. A.P..On a trivial issue about implementing FINANCIAL INCLUSION to Rural Population in Districts of A.P., the Director IDRBT became the cause of displeasure to RBI Dy. Gov and his CGM. They removed the Director from his post and forced his deputy, a senior executive to go to Mumbai giving 24 hours notice and transfered to an office and place which had no existance in the books of IDRBT.To proove their wrong stance and for convincing the Courts that it is of National Importance they spent to a tune of more than Rs.20.00 Lakhs and in the process removed 32 employees from service of IDRBT.Till date IDRBT has NOT posted any official to prove what the so called National Importance is.
Such irrational and adamant nature of tasks by RBI and going above the LAW, in long run would destroy the mantle of rule bound organisations.
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