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.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3CJxf1y
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