Monday, October 28, 2013

Finmin rushes with bank appointments

.......While it is unclear what has prompted the rush to conduct interviews, sources suggested that the ministry is keen to finalize the appointments before the next general elections. Bankers, however, fear that the exercise may go waste if the next government decides to review the decisions of UPA-II. The interviews are technically irrelevant as the Central Vigilance Commission has in the past frowned upon the idea of giving a blanket clearance several months in advance. But, that is not the only reason for controversy..........

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