Commercial bank MDs will have to follow some new policy guidelines while operating their respective banks and, know what, profit will not drive them much. Non-performing loan (NPL) reduction and loan recovery have been made the primary benchmarks for evaluating the performance of bank managing directors (MDs) and chief executive officers (CEOs). From now on, an MD or CEO's success will no longer depend solely on driving bank profits or business growth. They must achieve specific targe...
