Expressing concern over the delay in appointing heads of three large public sector lenders, RBI Deputy Governor S S Mundra said that the central bank has urged the government to expedite the process in this regard, said the media report.
"Certainly, I am deeply worried. Three large public sector banks which fall under the category of the top four banks, are without heads. Leadership matters in our organisation for policy direction," RBI Deputy Governor S S Mundra, who himself was a commercial banker, said.
Last December, the government had split the post of chairman and managing director for state-run banks and appointed managing directors as well as chief executives at banks.
The four managing directors and chief executive officers appointed are P Srinivas at United Bank of India, R Koteeswaran at Indian Overseas Bank, Kishore Kumar Sansi at Vijaya Bank and Animesh Chauhan at Oriental Bank of Commerce.
Mundra said that the central bank has also asked the government to take a decision soon about appointing heads of these three large banks.