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Synopsis
The bank said it is the need of the hour to initiate corrective action so that such officers start performing toward achieving the corporate goals and overall annual targets.
It's not often that public sector bank managements openly talk about cutting the rope on the stragglers. But burdened with suspect asset quality, state-owned lender Central Bank of India has just begun a process of identifying non-performers in its ranks, and prepared a uniform structure to take punitive action against them.The bank said it is the need of the hour to initiate corrective action so that such officers start performing toward
BY
Atmadip Ray
ET Bureau
3 mins read
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