An Annual General Meeting ( AGM ) is held to have an interaction between the management and the shareholders of the company. The Companies Act, 2013 makes it compulsory to hold an annual general meeting to discuss the yearly results, auditor’s appointment and so on. What Is The Full Form Of AGM In Banking? The Full Form of AGM in banking is “ Annual General Meeting ”. It’s a yearly event where people like shareholders, directors and leaders of the bank meet up. They talk about important things like how the bank is doing financial plans for the future and if there are any big changes happening. An annual general meeting (AGM) is an annual assembly of a company’s executives, directors, and interested shareholders. In general parlance an annual general meeting ( AGM ) is a yearly gathering between the shareholders of the company and its board of directors.
