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November 18, 2022
The term of the appointment has been raised from the previous 5 years to 10 years, subject to the superannuation age of 60 years.
November 18, 2022
The central government will have the right to terminate the term of office of a full-time director, including the MD, any time before the expiry of the term specified, by giving him a notice of minimum of three months, , psu banks, amendments, ceo forum, banks
November 18, 2022
The move aims to help the government retain the best talent in the banking sector
November 18, 2022
Move is expected to help these lenders retain good talent
October 16, 2022
All employees of these companies, including officers, will get arrears for five years.
October 16, 2022
The four General Insurance companies, whose employees and officers salaries increased by 12%, are New India Insurance ltd, United India Insurance ltd, the Oriental Insurance company ltd, and National Insurance company ltd. It will burden Rs 8000 crore on Central Government exchequer.
October 15, 2022
This wage revision is effective from August 1, 2017 and applicable to those who were in the service of these companies, it said, adding that officers and employees will get arrears for five years.