Public Sector Banks: The Central Government has started seriously considering increasing the post of Chief General Manager (CGM) in public sector banks. This proposal is being seriously considered in view of the increasing business and profit of public sector banks in the country. At present, in public sector banks there is one Chief General Manager for every 4 General Manager posts. These guidelines were issued in 2019. Now the government is realizing that this is inadequate in view of the increasing performance of the banks. It has become necessary to…
Read MoreFinance Ministry may increase numbers of Chief General Managers in Public Sector Banks says a report
