Finance Minister Nirmala Sitharaman has approved the addition of 64 chief general manager (CGM) posts in nationalized banks, raising the total from 80 to 144.
The increase will also revise general manager (GM) posts from 440 to 576 and deputy GM posts from 1,320 to 1,728. Five more banks, including the Bank of Maharashtra and Central Bank of India, will now have CGM positions.