NewsData.io23 Sept 2026, 6:17 pm ISTDelayed
Government extends terms for executive directors at five PSU banks
What happened
- The government extended the tenure of one executive director at UCO Bank, Canara Bank, Punjab & Sind Bank, Bank of Baroda, and Central Bank of India.
- The new terms for these officials vary, with some extending into 2027.
Key terms explained
Financial terms from this story, in everyday words.
- PSU Bank
- A public sector undertaking bank, where the government holds a majority stake.
- Tenure
- The period of time a person holds a job or position.
Original source
NewsData.io
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