• A- A A+

Do's and Dont's for Directors

Each member of the Board of Directors and Core Management of the Bank should adhere to the following so as to ensure compliance with good Corporate Governance practices.

(a) Dos

  • Attend Board meetings regularly and participate in the deliberations and discussions effectively.
  • Study the Board papers thoroughly and enquire about follow up reports on definite time schedule.
  • Involve actively in the matter of formulation of general policies.
  • Be familiar with the broad objectives of the Bank and the policies laid down by the Government and the various laws and legislations.
  • Ensure confidentiality of the Bank`s agenda papers, notes and Minutes.

(b) Don`ts

  • Do not interfere in the day to day functioning of the bank.(*)
  • Do not reveal any information relating to any constituent of the Bank to anyone.
  • Do not display the logo/distinctive design of the Bank on their personal visiting cards/letter heads.(*)
  • Do not sponsor any proposal relating to loans, investments, buildings or sites for Bank`s premises, enlistment or empanelment of contractors, architects, auditors, doctors, lawyers and other professionals etc.
  • Do not do anything, which will interfere with and/or be subversive of maintenance of discipline, good conduct and integrity of the staff.

 

* Corporate Governance Practices under para(b) "Dont's",are not applicable to MD & CEO,EDs,GMs of the Bank.

×

“Compare and Shop is a Service provided by Cheggout Services Pvt Ltd for Punjab and Sind Bank customer(s). Punjab & Sind Bank is providing this as a value added service. Punjab and Sind Bank does not guarantee or warranty or make any representation about the usefulness, worthiness and/or character of the product/service and/or discount or benefit.”

Accept

Decline