Culture of perform or perish for PSB MDs & CEOs soon !

Even before the Cabinet had been formed, there is clear sign and murmurs in the corridors of power that the MDs and CEOs of public sector banks should be prepared for a roller coaster ride for the next five years as the Central Government is reportedly working on a policy to ask them to quit before completing their terms if it is not satisfied with their performance. The focus seems to be clearly on NPAs of some public sector banks.