Lets consider this scenario for a sec.
Let's say,I'm the managing director of a particular branch of a renowned bank or any other position of authority and there's a recruitment going on for various posts in that bank. You have some kids/siblings/relatives who studied something related to banking;and you kept some slots for them.
I don't thin there's anything wrong with that. So you lot should stop complaining about jib slots being reserved for the selected few.
Life's not fair;get used to it.