Govt revamps incentive scheme for PSB execs
Business Standard|November 21, 2024
PLI tied to performance metrics; up to 100% of basic pay at stake

The government has introduced a revised performance-linked incentive scheme for senior executives of public sector banks, with parameters such as return on assets (RoA) and non-performing asset (NPA) levels among the key criteria.

Eligibility for the scheme will be determined by a government-appointed committee based on four key parameters, including maintaining a positive RoA and lower net NPAs.

This story is from the November 21, 2024 edition of Business Standard.

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This story is from the November 21, 2024 edition of Business Standard.

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Business Standard

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