Tuesday, October 29, 2013

FinMin relaxes norms for top jobs in govt banks

...........The selection committee is headed by Reserve Bank of India (RBI) governor Raghuram Rajan and includes officials from finance ministry and academic world. According to banking industry sources, the new RBI governor is likely to break the tradition of sending his nominee (which is a deputy governor) and would be himself present during the interviews and conduct them. The interviews will be conducted at State Bank of India head office in Mumbai, and not in New Delhi as earlier practiced.........

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