New Delhi 1 October 2005
Sub: Termination of Employment
The question of your current job becoming redundant from May 2005 has
been a subject matter of discussion and correspondence culminating in a
meeting with Mr. Ashish K. Srivastava on 23 September 2005 in Mumbai.
The Bank has offered you a generous severance package, which it is now
clear that you are not prepared to accept. The Bank also favourably
considered your request for being accommodated in some alternate job. In
the past four months since May 2005, the Bank has offered you several job
opportunities at various points of time viz. Business Development Officer,
Customer Service Officer, Clearing Officer, Banking Service Officer etc.
However, you have not expressed your willingness to accept any of the
above job opportunities, nor have you accepted the generous redundancy
package offered to you.
Source: Indian Kanoon