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Finmin considers proposal to raise posts of Chief General Managers in PSBs
Update / Judgement Date
20 Oct 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
BankingCorporate Law & Governance
The Finance Ministry is considering a proposal to increase the number of Chief General Managers (CGMs) in Public Sector Banks (PSBs). This move aims to strengthen the leadership structure and improve governance in PSBs. The proposal includes creating new CGM positions and promoting existing senior executives. This initiative is part of broader efforts to enhance the efficiency and performance of PSBs.
