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Bureaucracy

Has Government changed criteria?

As a rule in banking after 5 years no ED or CMD is given extension. But with the extension of Debashish Mukherjee even after five years as ED Canara Bank has fuelled speculations that the Government has changed rules. Debashish Mukherjee has been re-appointed as Executive Director (ED) of

By Whispers in the Corridors 1 min read
Has Government changed criteria?

As a rule in banking after 5 years no ED or CMD is given extension. But with the extension of Debashish Mukherjee even after five years as ED Canara Bank has fuelled speculations that the Government has changed rules. Debashish Mukherjee has been re-appointed as Executive Director (ED) of Canara Bank beyond his currently notified term which expires on February 18, 2023.

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