On the two nerve-wracking days, all 89 shortlisted GMs turned up, properly suited and booted, to face the interview board comprising KJ Udeshi, deputy governor, Reserve Bank of India; Vinod Rai, additional secretary (banking), ministry of finance, Pradeep Khandwala, professor, Indian Institute of Management; and D Basu, former chairman of State Bank of India.
The board, reportedly, went about its task of interviewing the candidates - 45 on the first day and 44 on the next - with clock-work precision, sparing on an average, three to five minutes of its precious time to size up a candidate, who may eventually occupy the number two board level slot in a public sector bank. It may be pertinent to note here that PSU banks account for almost 80% of the total assets and liabilities of the banking system in the country.
With the interview now behind them, the candidates are hoping the Centre expedites the appointment of EDs. They are wary of the fact that last time round it took nearly 18 months for the shortlisted candidates to get appointed as EDs.