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Govt raises maximum tenure of PSU Banks MD and CEO from 5 years to 10 years

The term of the appointment has been raised from the previous 5 years to 10 years, subject to the superannuation age of 60 years.

Reserve bankNationalised banksMiscellaneous provisionsAmendment schemePsu banksSu banks md and ceoSu banks md and ceo tenureD and ceo appointment

Government Raises Maximum Tenure Of PSU CEOS To 10 Years

The central government will have the right to terminate the term of office of a full-time director, including the MD, any time before the expiry of the term specified, by giving him a notice of minimum of three months, , psu banks, amendments, ceo forum, banks

Central public sector enterprises cpsesNationalised banksMiscellaneous provisionsAmendment schemeCentral public sector enterprises

Public sector banks (PSBs) - Centre raises maximum tenure of public sector undertaking banks CEO to 10 years

The move aims to help the government retain the best talent in the banking sector

Central public sector enterprises cpsesCentral public sector enterprisesReserve bankNationalised banksMiscellaneous provisionsAmendment scheme

PSU banks - Central government raises maximum tenure of PSU bank chiefs to 10 years

Move is expected to help these lenders retain good talent

Motilal oswalBanking companies acquisitionReserve bankNationalised banksMiscellaneous provisionsAmendment schemeBanking companies

Centre announces salary hike for public sector insurance companies, to pay arrears for last 5 years

All employees of these companies, including officers, will get arrears for five years.

Trilok singhConditions of service officers amendment schemeInsurance employee all india associationGeneral insurancePay scalesAmendment schemeGeneral insurance companies salary hike

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