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Forum Home > Human resources > 70 years upper age for private bank CEOs, whole-time directo

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09 September 2014, 17:13   Report Abuse

Arpit (CS Executive)


[ Scorecard : 1709]

The Reserve Bank of India said the upper age limit for managing directors, chief executive officers and other whole-time Directors in private banks is 70 years, in line with the Companies Act, 2013.

However, banks are free to prescribe a lower retirement age for their chief executive officers and whole-time directors, the RBI said

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