`Not even grads, but on bank boards'

You might expect renowned financial or business experts to sit on the boards of banks, but that isn't always true in the case of state-run banks. Petrol pump owners, a Doordarshan anchor, the head of a ladies club, trustees of religious boards and a clutch of small-time politicians are some of the independent directors on boards of public sector banks. The presence of this motley bunch seems to have driven the government to initiate a clean-up............

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