New story from livemint.com published by Mortimer Goth October 27, 2009
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RBI brings bank CEOs’ salaries under scrutiny, plans guidelines
Mumbai: The compensation packages and bonuses of chief executive officers, or CEOs, of private and foreign banks have come under the regulatory scanner in the second quarter policy review of the Reserve Bank of India (RBI), which said that it will issue guidelines to ensure sound remuneration policies for the banking sector. More: http://tinyurl.com/compensation171