The Full Form of GRAF is Governance, Reward and Accountability Framework.
The Bank Boards Bureau (BBB) has evolved a Governance, Reward and Accountability Framework (GRAF) – an elaborative roadmap for Public Sector Banks (PSBs) to make them more competitive and to ensure that they have the ability to compete successfully against private sector banks, small finance and payments banks, foreign banks and non-banking finance companies; and to prepare them for possible mergers with each other.
GRAF
means
Governance, Reward and Accountability Framework
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