<h1>Finance Minister Expands Chief General Manager Roles in Nationalized Banks to Boost Efficiency and Oversight.</h1> The Finance Minister has approved the creation and increase of Chief General Manager (CGM) posts in five more nationalized banks, enhancing the administrative structure and efficiency across all 11 nationalized banks. This decision aims to improve control, supervision, asset management, and operational efficiency. The CGM role serves as a key administrative layer between General Managers and Executive Directors. The increase in CGM posts, based on a ratio of one CGM for every four General Managers, will also expand the number of General Manager, Deputy General Manager, and Assistant General Manager positions, supporting better oversight and risk management in complex financial environments.