Govt launches mission 'Indradhanush' to revamp PSU banks | Business Standard News
Govt launches mission 'Indradhanush' to revamp PSU banks | Business Standard News
My VIEW:
My VIEW:
This
seven-step initiative which include
include appointments, board of bureau, capitalisation, de-stressing,
empowerment, framework of accountability and governance reforms, is a welcome
move. But if the benefits are to percolate down the line and reach ground level
clientele, the real owners, the depositors and the users of credit, there has
to be much more changes on the HR front, covering recruitment, career planning,
wages, incentives and disincentives.
seven-step initiative which include
include appointments, board of bureau, capitalisation, de-stressing,
empowerment, framework of accountability and governance reforms, is a welcome
move. But if the benefits are to percolate down the line and reach ground level
clientele, the real owners, the depositors and the users of credit, there has
to be much more changes on the HR front, covering recruitment, career planning,
wages, incentives and disincentives.
M G Warrier
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