After PNB scam, non-governmental Expert Agency to review PSBs' monthly performance
In January 2018, the government announced Rs 2.11 trillion recapitalisation plan for public sector banks, besides chalking out a comprehensive time-bound reforms agenda, EASE (Enhanced Access and Service Excellence). State-run banks were asked to seek approval from their respective boards for implementing the EASE plan.
The government has decided to appoint a non-governmental expert agency to review the monthly performance of the public sector banks (PSBs). Image source: Reuters