Due to robust increase in business in the last two years, the Finance Ministry has allowed 15 of the 19 nationalised banks to create up to three additional positions in the rank of general manager. The ministry has also relaxed the guidelines for promotion of officers, who do not have sufficient work experience in rural/semi-urban areas, and specialist officers, who do not have sufficient experience in field operations. Overall, the number of GM positions in the 19 nationalised banks has been increased from 420 to 442. A GM usually heads a business vertical at the head-office or heads a circle office.........
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