New Delhi: The finance ministry has sought relaxation in the eligibility norms for selection of State Bank of India (SBI) chairman so as to have more candidates to interview for the top post at the country’s largest bank. “To have suitable panel of candidates, we have requested appointments committee of the cabinet (ACC) for exemption in regulatory guidelines,” financial services secretary Rajiv Takru told PTI.............
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1 comment:
Mint deserves a word of gratitude for exposing the casual approach of the government to succession plans for top posts in big organizations. The possibility of SBI Chairman’s post falling vacant was known long back. It is sad that Mr Takru, a new entrant to finance ministry is toying with the idea of inventing norms for selection of candidates for consideration to the post. It agonizing to find that even Mr Takru’s problem is ‘just ensuring compliance with a procedure for selection’ as the eligible candidate, at the moment is only one. Where are we heading?
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