Financial Services Institutions Bureau Subject : Economy Context: A notification was issued to amend the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970. Details: The present norms prescribe appointment for three years or till the age of 60 years, whichever is earlier–for the Managing Director and other whole-time directors of the public sector […]

    Financial Services Institutions Bureau Subject: Economy Context: A notification was issued to amend the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970. Details: The present norms prescribe appointment for three years or till the age of 60 years, whichever is earlier–for the Managing Director and other whole-time directors of the public sector banks. […]