Current Affairs · Banking Regulations

Consider the following corporate governance reform mandates proposed for Public Sector Banks (PSBs): 1. Mandatory operational separation of the Chairman and Managing Director (MD) roles across large commercial PSBs. 2. Introduction of variable executive remuneration frameworks tied explicitly to risk-adjusted return benchmarks. 3. A mandatory statutory minimum requiring at least 50% of the active board to consist of independent directors. Which of the updates mentioned above were officially integrated into the guidelines?