Indian PSBs Governance Lags Due to Board Vacancies

Some banks in India are missing important leaders because key positions are empty.

This means the banks might not be following all the rules properly.

Experts say it's taking too long to fill these jobs, possibly because of government approvals.

Many positions have been empty for nearly a decade.

The people in charge of the banks and the government need to fix this, as these empty positions can cause problems.

Experts have also stated that the PMO should intervene to address these issues and that PSBs often use delay tactics.