Government cancels appointment of 8 state-run bank CMDs, 14 - TopicsExpress

Government cancels appointment of 8 state-run bank CMDs, 14 EDs • The government has cancelled the appointment of eight chairmen-cum-managing directors and 14 executive directors of state-run banks appointed by the previous UPA government. • In a statement released late on Monday, the finance ministry said the decision was taken after a committee set up to examine the selection process to the posts of CMDs/EDs of PSBs for 2014-15 submitted its report.

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