Friday, February 8, 2013

Chairman appointment norms in govt banks relaxed

.........Now, a candidate who has served the executive director’s position for minimum 6 months has will become eligible. Initially, a candidate who served as 2 years as ED were eligible for becoming a chairman, which was later reduced to 1 year. However, this year if the 1 year ED criteria was applied only nine candidates were eligible while the number of CMD positions that will fall vacant in 2013-14 is also nine..........

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