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NAYAK COMMITTEE
Six months on, National Sports Awards still await nodIndia's sporting community faces an unusual delay in the National Sports Awards. The Sports Ministry cites a re-evaluation of Arjuna awarde...- Raghav Chadha appointed chairman of Rajya Sabha Committee on PetitionsRaghav Chadha has been appointed the new chairman of the Committee on Petitions in the Rajya Sabha. The Rajya Sabha chairman reconstituted ...
- Banking panel to tackle PSUs' balance sheet constraints, boost capital use: DFS Secretary M NagarajuA new committee will examine public sector banks' capital needs. India aims to boost its corporate bond market, allowing more companies acc...
- Cong demands implementation of women's quota law on current LS strength, marches to BJP officeCongress staged a protest in New Delhi demanding immediate implementation of women's reservation. Party leaders accused the Modi government...
- Institutionalisation of P J Nayak panel report to improve governance of PSBs: CEAK V Subramanian said some of the recommendations of the Nayak committee have been implemented and some more need to be institutionalised.
- Advertising Club of Bombay elects Raj Nayak as presidentThe new officers who were elected to the Club, includes, Bhaskar Das, group chief executive officer of Zee Media Corporation as the vice-pr...
- RBI tells banks to deliberate on 7 themes prescribed by PJ Nayak panelThe Reserve Bank of India on Thursday directed bank boards to deliberate on seven critical themes prescribed by the PJ Nayak Committee.
- PSB board members may soon get private sector payAt a time when private sector bank directors are being paid in lakhs for every board meeting they attend, the payment in public sector bank...
- Decline in RTI applications received by PSU banks: StudyThe findings suggest that despite the reduction in the number of requests, most of the banks are rejecting more and more RTI applications t...
- Canara Bank aims cash recovery of Rs 6,500 crore this fiscalIn June, the bank's NPA increased by Rs 400 crore due to farm debt waiver announced by states like Andhra Pradesh and Telangana.
- Government stake in public sector banks to stay above 50%The government is considering issues related to greater autonomy to banks including raising tenure of their CMDs to five years.
- No proposal to dilute goverment ownership in public sector banks below 50 per cent: GovernmentNayak Committee in its report submitted to the Reserve Bank had recommended reduction of government stake in PSBs to less than 51%.
- Reject Nayak panel report on PSU banks, demands bank unionA bank employees' union has asked the govt to reject Nayak committee recommendations on bank privatisation saying the report would not be a...
- Banks to stage nationwide demonstrations on May 23Unhappy with the report suggesting privatisation of public sector banks, five bank employees unions decided to stage nationwide demonstrati...
- Bank unions issue strike call on May 23 against P J Nayak Committee reportLast week, an RBI working committee had suggested the government to cut its holding in public sector banks to below 50 per cent level.
- P J Nayak panel Committee report recommendations retrograde: CPIExtending support to the union's call, the CPI said since bank nationalisation in 1969, their branches have grown from 8000 to 80,000 and n...
- Four notes out of 10 lakh notes in circulation are fake: RBIOut of 10 lakh notes in circulation, only four notes were found to be forged in 2007-08, the Reserve Bank has said.
- Four notes out of 10 lakh notes in circulation are fake: RBIThe number of forged notes detected by the banking system in 2007-2008 was 1,95,811 against 4,422.5 crore notes in circulation, the apex ba...
- UTI Bank to appoint CEO search panelThe board of UTI Bank is likely to appoint a search committee to shortlist a candidate for the chief executive position at the bank.
- UTI Bank to begin search for new CEOThe board of directors of UTI Bank will meet on April 17, 2007 to decide on the chief executive position.
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