Sunday, October 31, 2021

PSBs told to revise staff accountability policies for NPAs

The new guidelines - Staff Accountability Framework for NPA Accounts up to ₹50 crore (Other than Fraud Cases) - are aimed to protect the commercial decisions taken by bank employees and quicker resolution of vigilance cases taking into account the past track record of such staff.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/psbs-told-to-revise-staff-accountability-policies-for-npas/articleshow/87441765.cms

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