NEW DELHI: The media was today asked by the Government to refrain from writing news articles based on speculation.

The Finance Ministry appeared to be irked by reports in certain section of the media about the outcome of selection process for the post of MD & CEO of five Public Sector Banks (PSBs) recently.

The Ministry said most of these items are based on speculation that is far from truth.

Such news items based on speculative names create unnecessary confusion not only among the candidates who are part of the selection process but also among the members of public at large.

It may be mentioned that the process of selection is kept confidential and, therefore, the result can only be known after the approval of the Appointments Committee of Cabinet (ACC).