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Find out why PSBs' profits alter with change in chief

According to a CNBC-TV18 study, profits of banks slipped almost every time a new chairman takes over. Some people in the banking sector believe that this is because the outgoing chairman refuses to recognise NPAs to avoid looking bad towards the end of his career. On the other hand, the incumbent is extra cautious in the beginning of his career.

first published: Jun 11, 2011 03:15 pm

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