

Srinivasa Murti Devulapalli <devulapallimurti@gmail.com>
07:26 (25 minutes ago)
TO: All my friends on the mailing list....
My Dear Friends,
WHY IBA IS NOT UNDER RTI?
I annex here the article contributed by our senior learned friend Sri Kalyana Sundaram garu which is of utmost importance in the current scenario
Once IBA comes under the purview of RTI, more transparency in its functioning can be ensured. We will find answers to many un-answered questions IN THE PAST.
Click the following linkS for more details.
https://drive.google.com/file/d/10tfw8nrm4F3z_YOqqFbkDJPVnk2CpHmF/view?usp=sharing
https://drive.google.com/file/d/1B7LKoO1nE2SPTg356j-VAWcUdy-hd85e/view?usp=sharing
I take this opportunity to thank Sri Kalyana Sundaram garu for his laudable efforts in this regard.
“…..........IN ADDITION TO THE ABOVE, THE INDIAN BANKS' ASSOCIATION- --
IBA HAS GONE ON RECORD BY THEMSELVES TO CONFIRM THAT IT HAS NO AUTHORITY WHATSOEVER AND THE BANKS ARE NOT
OBLIGED TO FOLLOW ITS OWN DIRECTIVES.
IT HAS NO LEGAL SANCTITY EVEN, UNDER ANY OF THE RULES OF THE LAND.
WITHOUT ANY IDENTIFICATION UNDER ANY RULE OF THE LAND, HOW CAN IBA REPRESENT THE BANKS HAVING LEGAL STATUS AND SANCTITY OF A PUBLIC SECTOR UNDERTAKINGS OF
GOVERNMENT OF INDIA WHO ENJOYS THE STATUS OF A “STATE” UNDER THE STATUTE...??
IS IBA AN EXTRA CONSTITUTIONAL AUTHORITY TO DIRECT ITS MEMBER BANKS WITHOUT ANY RESPONSIBILITY AND ACCOUNTABILITY WHATSOEVER...?
UNDER THE CIRCUMSTANCES, ALL THE CONTRACTS/ AGREEMENTS ENTERED INTO SO FAR BY IBA, ARE NUL AND VOID – AS SUCH THEY ARE UN-ENFORCEABLE UNDER THE RULE OF THE LAND. AND THEY CEASE TO HAVE ANY REPRESENTATIVE CAPACITY.
IF IT WERE SO, WHY AT ALL WE NEED TO HAVE AN "IBA" AT ALL..???...WHOSE VERY EXISTENCE AND ENTITY IS OF DOUBTFUL CHARACTER AKIN TO THE TO THE ONE PECULIAR CHARECTER IN OUR EPIC MAHA BHARATHA -CALLED "SHIKHANDI”
Friends, we shall continue our efforts surmounting the hurdles in our pathway to reach of goal ultimately.... WITH THE DEVINE BLESSINGSOF MATHA KANAKA DURGA ... ABODE इन्द्रकीलाद्रि विजयवाद INDRAKEELADRI - VIJAYAWADA .
LET US HOPE THAT ALL OUR COLLECTIVE EFFORTS WOULD ULTIMATELY CULMINATE INTO SUCCESS IN THE SOLE INTEREST OF JUSTICE AND FAIRPLAY...
“|| यतो धर्मस्ततो जयः ||”IS THE ULTIMATE......
I remain - Yours,
దేవులపల్లి శ్రీనివాసమూర్తి /Devulapalli SrinivasaMurti.
FEBRUARY 28, 2021
Ramavarappadu- Vijayawada 521108
Contact # 9989318300