Saturday, October 11, 2008

Preventing our BCCB bank from outsiders

BCCB Bank President Elections are over few weeks back. When we stop and review what has happened in this last two months is, we have got the first women President for this bank in last 90 years for which we all members of this catholic society are proud. Yeah! This feeling actually makes all of us proud, but when we think much deeper, then we understand at what cost??. The History of Catholics in Vasai deciding our own destiny is gone, now someone else will decide our and our bank’s future.

Now you must be thinking what we can do, I would like to inform you well in advance you cannot do anything now, as we elected our directors and few of them sold their souls & our faith, like judeas sold Christ for a few dollars……

How can we decrease the impact of an outsider onto this bank is what we can really do now…. few given below would be my personal views on this

Gather youths around you, who are also hurt as you and me are

Organize KTS (Knowledge Transfer Sessions) for youth and share knowledge about banking, reading a balance sheet, terms used in banking etc. As without knowledge of any area you cannot ask the right questions to the authorities.

Organize a general meeting of the all the share holders in your parish and call the director elected in your area, give him the agenda of the meeting to him in advance. (or else in the meeting he would say “ I am not prepared, like a politician”)
Give him 10 minutes to talk to all share holders on his vision to take this bank forward, what he will be doing in next one year, then all you youths can share with him what is you vision. Then synergize the points and set agenda for next one year followed by a review in every 6 months.

To get more transparency in the system Reserve Bank of India has asked these institutions to publish the financials of the bank every month, ask your director to raise this in board meeting & get this implemented and made public every quarter, as then we need not wait for 365 days to get this details, this will keep the pressure on the system…

Also suggest your Director to raise a point in the board meeting to draft a Vision statement, a Mission statement for this bank, which it still lacks from last 90 year. Set the goals for next 1 yrs for this bank and then circulate to all share holders, on that basis we can review their work in the AGM.


If this is done by all youths in each parish, all 23 board members will be under pressure to work, this will prevent the impact of an outsider on our bank.

There are lots more points to keep a check and avoid this is future, will post once these are executed.

Regards,
Sachin Pereira
JNS Activist

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