https://www.taxtmi.com/news?id=14131 Public sector bank performance is being addressed through governance and operational reforms including separation of Chairman and Managing Director, expanded eligibility and compensation flexibility for MD & CEO appointments, a structured multi stage selection process with merit cum preference allotment, capital allocation based on efficiency parameters, and strict non interference directives. Planned measures include creation of an autonomous Bank Board Bureau to select bank heads and non official directors, revised appointment guidelines with an online application route, restructured Statements of Intent with higher cash incentives, and encouragement of board led strategic restructuring and consolidation. en-us Mon, 02 Mar 2015 14:21:14 +0530 Mon, 02 Mar 2015 14:21:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14131 Public sector bank performance is being addressed through governance and operational reforms including separation of Chairman and Managing Director, expanded eligibility and compensation flexibility for MD & CEO appointments, a structured multi stage selection process with merit cum preference allotment, capital allocation based on efficiency parameters, and strict non interference directives. Planned measures include creation of an autonomous Bank Board Bureau to select bank heads and non official directors, revised appointment guidelines with an online application route, restructured Statements of Intent with higher cash incentives, and encouragement of board led strategic restructuring and consolidation. News - Mon, 02 Mar 2015 14:21:14 +0530 https://www.taxtmi.com/news?id=14131