THE big question doing the rounds among
the heads of public sector banks at present is when will the Narendra
Modi-led NDA government appoint the chairman-cum-managing directors
(CMDs) of the banks that are headless.
Media reports say that the government
will appoint CMDs of eight PSU banks, where it had scrapped
selections made by its...
predecessor by end of this month.
A panel, headed by RBI Governor
Raghuram Rajan, will hold interviews of eligible candidates for the
post of CMDs of eight public sector banks on November 13 and 14,
former financial services secretary GS Sandhu said.
“Appointments in these eight
positions will be hopefully over by November end,” he said. Besides
RBI Governor the other members of the interview panel would include
Deputy Governor of RBI, department of financial services secretary
and a few external members. The interview process would be objective
and transparent, sources said, adding that the interviews of eligible
candidates would be held in Mumbai.
Following shortlisting by the
high-level panel, the name of the candidates would be sent to the
Appointments Committee of Cabinet (ACC) and for other necessary
clearances. Earlier this week, the government scrapped the selection
of six PSU bank heads and 14 executive directors (EDs) during the UPA
tenure following a separate panel finding irregularities in the
process. Following the arrest of Syndicate Bank chairman and managing director SK Jain, the ministry had set up a committee comprising
Expenditure Secretary, RBI Governor and Secretary School Education to
examine the selections process.
No comments:
Post a Comment