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Govt Introduces performance-Linked incentives for PSU Bank executives
The Business Guardian
|November 21, 2024
The central government has revised the performance-linked incentive scheme for whole-time directors and senior executives of public sector banks.
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As per the Department of Financial Services under the Ministry of Finance, the objective is to offer an enhanced performance-linked incentive (PLI) scheme to suitably reward and motivate employees for significant value creation for various stakeholders, the ministry said dated November 19.
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