Monday, June 23, 2014

Govt banks: Higher NPAs may pinch brass' pocket

.............SoI discussions have been concluded with the top management of most of banks and the finance ministry will start sending the letters assigning the targets by the end of this month. The evaluation would be done by the remuneration committee, consisting of the government nominee director, the RBI nominee director and two other directors. The Khandelwal committee on human resource issues in these banks had suggested moving away from the practice of providing uniform financial incentives, arguing each bank had its own unique characteristics and business profile. It stressed the need to give higher weightage to qualitative issues such as change in ..........

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