As more than a month has since elapsed I hope that necessary action has since been initiated by RBI to set right the legal infirmity crept in, thanks to mis-handling of the issue by Indian Banks Association and Govt. combine.  Please confirm.

I am now enclosing herewith copies of following letters in addition to those I had forwarded to you along with my earlier letter dated 28/11/2011.

1.  Letter No. 1410/383/11 dated 26/12/2011 addressed to Secretary, Department of Financial Services, Ministry of Finance Govt. of India by the General Secretary of All India Bank officers confederation.  In the said letter, the General Secretary has requested for the intervention of Govt Of India in the matter and advise IBA to set right the anamoly.

2. Letter No. PMD : ID No. 1/3/2011- PMPI/338358 dated 25/11/2011 addressed to the Secretary, Financial service Dept, Ministry of Finance by Prime Ministers' office enclosing the letter dated 01/11/2011 addressed by one of the aggrieved retirees to Mrs Sonia Gandhi & others in the matter of rock silence of the  Financial services Dept and for not slamming IBA for its questionable act.  Office of PMO has advised the Secretary of Financial Services Dept, MOF to take appropriate action.

3.  Copy of Note dated 12/12/2011 submitted by All India Nationalised Banks Officer’s Federation to Department of Financial services, Ministry of Finance Govt. of India.  Through this note handedover personally to the secretary of Finance, the said Federation has convinced him that the Banks are not required to bear any additional load since all the VRS optees are already covered by the load factor assessed and submitted by the approved Actuaries to respective Banks well before joint note dt 27.04.2010 is signed.