Finance ministry considering proposal for fixed term for PSU bank chiefs

April 2014
FRPT- Finance Snapshot;4/20/2014, p9
Industry Profile
Industry Report
The article reports on the plan of the Indian Finance Ministry to propose a fixed tenure for public sector (PSU) bank chiefs. The fixed term to chairmen and managing directors of state-owned banks is said to be aimed at ensuring stability in operations. The government is to be considering to look at correlating the tenure with job-related performance.


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