The Incredible Banker by Subramanian Ravi

Author:Subramanian, Ravi [Subramanian, Ravi]
Language: eng
Format: epub
ISBN: 9788129121561
Published: 2013-11-20T18:30:00+00:00

17 December 2009

Mumbai

RONALD was waiting in the porch at the bottom of the stairs leading up to the towering gates of RBI when the chauffer drove in to pick him up. The chauffer got out and opened the back door of the car and a baffled CEO of GB2 plunked into the back seat of the BMW 7 series. The interiors of the car were soft, the design complex. His mind was buzzing with iterations which were even more intricate than the mechanics of the new 7 series Beamer.

He picked up his phone and dialled Sherlyn.

'Yes, Ronald,' she answered.

'Sherlyn, you there?'

'Yes, it's me. What can I do for you?'

'Sherlyn, can you please call Saurabh and ask him to be in my room along with the fraud team in the next thirty minutes. Also tell him to call me on my mobile. I need to talk to him.'

'Sure, Ronald.'

'And tell Saurabh, it's urgent.'

'Sure.' She did sense the urgency in Ronald's voice.

Ronald hung up. How would he explain to his higher-ups that this was not a problem created by him? How was he going to weave a story which was coherent and believable enough for the shareholders ? It was not going to be easy. This was a difficult phase. The stance taken by the RBI was not at all comforting. During his years of work with the bank in various countries and over decades of dealing with the regulators, he had not encountered such a tricky situation. Did the governor of the RBI have some other agenda? He didn't know for sure. Ronald was confident that if the system was fair, they would come out of it unscathed. He was worried about the vested agendas that various people in the government and the regulators were driving. He was lost in thoughts when his phone rang.

'Yes, Saurabh,' Ronald spoke into the phone.

'Ronald, you wanted me to call you? How was the meeting with the Governor?'

'It's the same story but this time the RBI is taking a very strong stance.'

'What does that mean?'

"Ihey have issued us a show cause notice and have just stopped short of accusing us of waging a war against the nation. This is serious. It can even threaten our licence if we don't do anything about it right now.'

'Hmm...does not sound good.'

'Yes, It doesn't. See me in my room in the next thirty minutes? I also want to meet Inder, Bhisham and Ramneek. Tell them to be in my room by the time I get in. Tell them to drop everything they are doing and focus on this. We cannot afford to screw it up. Do you understand, Saurabh? Tell Bhalla to be there, too.'

'Yes, Ronald.' Saurabh could not say anything else.

Ronald was already thinking of how to sort out the issues raised by the RBI. How was he going to convince them that he ran a controlled business and that what had happened was a strange tryst of fate?

However, the damage had been done. Unwinding the same was a long and tedious process.

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