Best of BS Opinion: Banking on tenure, space for start-ups, and more

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Finance ministry, state-run banks discuss 3-year strategic roadmap

Kanika Datta
The government’s decision to grant longer stints for public sector bank MDs & CEOs and whole-time directors to ten years from five years is aimed at addressing the growing talent shortage in the state-owned banking system. But significant asymmetries with the fast-growing private sector remain in terms of decision-making freedom, pay and perks and length of tenure, making this latest move only a partial solution, the top edit says. Read it here

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The second edit says the launch of Vikram-S, India’s first privately built rocket, could open opportunities for private aerospace enterprises and

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First Published: Nov 22 2022 | 6:38 AM IST

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