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        News and Press Release

        Media Persons requested to refrain from writing News Items/Articles based on Speculation about the Outcome of Selection Process for the Post of MD & CEO of Five Public Sector Banks (PSBs)

        June 22, 2015

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        Some news items have appeared in certain section of media about the outcome of selection process for the post of MD & CEO of five Public Sector Banks (PSBs) recently. Most of these items are based on speculation which are far from truth. Such news items based on speculative names create unnecessary confusion not only among the candidates who are part of the selection process but also among the members of public at large. It may be mentioned that the process of selection is kept confidential and, therefore, the result can only be known after the approval of the Appointments Committee of Cabinet (ACC).

        Therefore, it would be appreciated if the media persons refrain from writing news items/articles based on speculation.

        Confidentiality of selection process: speculative media reports disrupt recruitment and results released only after formal approval. Confidentiality of the selection process for senior public sector bank appointments is emphasized; speculative media reporting about prospective appointees undermines the process and causes confusion. The outcome remains confidential and will be communicated only after formal approval, and media are asked to refrain from publishing speculative items to preserve the integrity of the appointment process.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Confidentiality of selection process: speculative media reports disrupt recruitment and results released only after formal approval.

                                Confidentiality of the selection process for senior public sector bank appointments is emphasized; speculative media reporting about prospective appointees undermines the process and causes confusion. The outcome remains confidential and will be communicated only after formal approval, and media are asked to refrain from publishing speculative items to preserve the integrity of the appointment process.





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                                ActsIncome Tax
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