Tuesday, August 27, 2013

Despite 1/30 marks, four bankers set to be EDs

New Delhi: Can you get a job after securing one mark out of 30 in an interview? Yes, if you are an aspirant for the job of an executive director in a public sector bank. The finance ministry has recommended appointing four general managers of state-run banks as   executive directors, on promotion, despite the candidates managing to barely open their accounts during an interview conducted by a panel headed by financial services secretary Rajiv Takru......... 

Read - TOI

2 comments:

santhrajspeaks said...

So, you now have a new breed of top officials '1/30 Executive Directors'. Watch at least a couple of these guys would become Chairman of one of the PSBs. So, it is no surprise that the Indian Banking is in shammbles. It is said that only crooks can run companies in India where corporate governance, honesty and ethics have place. This goes to prove it. How about those who gave marks given to these candidates. Perhaps they also were selected in a similar fashion. Hope my hunch is wrong.

Anonymous said...

I think the selection panel is also to be blamed for selection of such candidates. They should have been outrightly rejected with suitable remarks by the Takru Panel. It is clear that panel selection is only an eyewash and the candidates stood already selected. That is the irony of our system selection for top jobs in banking industry. Srinivasan, Cochin