Good news from Banks Board Bureau (BBB) to public
sector bank (PSB) employees. As part of the efforts to attract more
professionals into the PSB space, the BBB will revamp the compensation
package of employees and introduce bonuses, employee stock options
(ESOPs) and performance-linked incentives from April 1 this year, its
Chairman Vinod Rai said.
The BBB is also toying with the idea of ensuring a longer tenure for
those appointed as executive directors and chief executive officers.
