BoB to set up new HR committee

Mumbai, Feb 25 | Updated: Feb 26 2005, 06:15am hrs
Within two days of the announcement of the autonomy policy for PSBs, Bank of Barodas board has decided to constitute a human resource (HR) committee for framing new HR policies.

Speaking to FE, the banks CMD PS Shenoy confirmed that the agenda of the board meeting was to apprise directors of the recent announcement made by the ministry of finance on managerial autonomy.

The new guidelines give banks additional powers relating to HR issues.