Read this thread that pending management approval can take months and deal might be off.
May I know how true is this?

Went for interview at SB.
Within 2 weeks, first interview, 1 week later second interview.
1.5 week later ask for reference to do ref chk.

Tell me tat its pending management approval after reference reply.
CEO on leave for a week, process will drag longer than usual.
End month then can reply. Therafter another week or two to prepare letter of offer and sign letter of offer.
But assured me the hiring department is very keen in me.

What is my chances of confirmed getting the post?
This is similar to my current scope and am keen in position.

Got another 2 offers with heavy paycut in somewhat unrelated field tat expect me to start first week of Oct..
Should I reject this 2 offers? Would the risk be too huge?