TMI BlogBifurcation of Top Posts in Public Sector BanksX X X X Extracts X X X X X X X X Extracts X X X X ..... Bifurcation of Top Posts in Public Sector Banks - News and Press Release Dated:- 25-4-2015 - News - The Government approved the proposal to separate the posts of Chairman and Managing Directors in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Public Sector Banks (PSBs). While the Chairman would be non-executive, Managing Director and Chief Executive Officer (MD CEO) would be the executive head. The splitting of the posts of Chairman and Ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... naging Director is in accordance with the international best practices. While the Chairman would give an overall policy directions to the Bank, MD CEO would be responsible for day-to-day management of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Bank. The separation would bring in inappropriate checks and balances and there would be accountability at the board level as the person executing will be answerable to a board that is headed by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a different non-executive Chairman. The Government has appointed MD CEOs in five PSBs and the process of selection of Non-Executive Chairman in Public Sector Banks in underway. This was stated by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Shri Jayant Sinha, Minister of State in Ministry of Finance in written reply to a question in the Lok Sabha. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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