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No elected Director in PSBs can continue beyond six years

An elected Director of public sector bank shall hold office for three years and shall be eligible for re-election provided that no such Director shall hold office for a period exceeding six years, whether served continuously or intermittently as per the RBI norms.

By Whispers in the Corridors 1 min read

An elected Director of public sector bank shall hold office for three years and shall be eligible for re-election provided that no such Director shall hold office for a period exceeding six years, whether served continuously or intermittently as per the RBI norms.

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