https://www.taxtmi.com/news?id=13822 The Department of Financial Services directed PSBs, FIs and insurance companies to make commercial decisions independently and objectively, prohibiting decisions influenced by extraneous considerations. Each institution must implement and adhere to objective transfer and posting rules, permit exceptions only by the CMD with written reasons, and maintain a robust grievance redressal mechanism with at least two levels of representation; officials making unjustified exceptions will be held accountable. en-us Tue, 06 Jan 2015 18:55:21 +0530 Tue, 06 Jan 2015 18:55:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13822 The Department of Financial Services directed PSBs, FIs and insurance companies to make commercial decisions independently and objectively, prohibiting decisions influenced by extraneous considerations. Each institution must implement and adhere to objective transfer and posting rules, permit exceptions only by the CMD with written reasons, and maintain a robust grievance redressal mechanism with at least two levels of representation; officials making unjustified exceptions will be held accountable. News - Tue, 06 Jan 2015 18:55:21 +0530 https://www.taxtmi.com/news?id=13822