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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...08 Apr, 2015, 03.41 AM IST- R Gandhi: Final rules for on-tap banking licences will be issued this fiscal“We are working towards issuing guidelines for full service banks on tap. I cannot give you a timeline, but it will be in this financial ye...17 Sep, 2014, 04.00 AM IST
- 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.15 Jul, 2014, 04.00 AM IST
- Jaitley should enact a Right to DisinvestWithout fresh legislation, the government cannot drop its stake in nationalized banks (which account for 70% of the banking system) below 5...15 Jun, 2014, 12.59 PM IST
- Prime Minister’s Office to look into public sector banks' bad loans, governance structureThe development is significant as the Indian economy’s growth slipped from 4.96% in 2012-13 to 4.7% in 2013-14, leading to a 36% surge in g...10 Jun, 2014, 04.16 AM IST
- Finance Ministry plans to cut government stake in PSU banks to 58%FinMin is drawing up recapitalization plans with govt equity in PSBs set at 58%, even as draft report of Nayak panel recommended cutting Ce...03 Jun, 2014, 01.01 PM IST
- Promoter group pares 3.24% stake in Kotak Mahindra BankKotak Mahindra Bank’s promoter group has sold 3.24% stake in the lender to comply with Reserve Bank of India guidelines on share holding in...31 May, 2014, 08.09 AM IST
- P J Nayak report implementation can improve ratings of public sector banks, says Fitch RatingsThe RBI appointed Nayak committee, which submitted its report on May 13, addresses governance issues at both private and state-owned banks.27 May, 2014, 05.52 PM IST
- P J Nayak panel's suggestions can be game-changers but could take a while: BankersBank chiefs say changes can't happen overnight and government and RBI will have to strike a balance between fiscal and monetary policy.19 May, 2014, 04.00 AM IST
- Nayak panel wants RBI to let banks decide when to go publicThe 2013 guidelines of RBI require banks to list on the stock exchanges to meet the objective of broad-basing the shareholding structure.14 May, 2014, 04.46 PM IST
- Bombay High Court suggests amicable settlement to Yes Bank rowThe Bombay High Court has asked the co-promoters of Yes Bank, Rana Kapoor and Madhu Kapur, to amicably settle their dispute over the right ...08 Apr, 2014, 05.40 PM IST
- Axis Bank defers HQ office space buyAxis Bank has deferred a proposal to buy a corporate head office following objections by board members.05 Mar, 2009, 01.14 AM IST
- Nayak calls it a day at Axis, insider likely to take overPJ Nayak, the man who gave Axis Bank a new identity after building it as the country’s third-largest private bank, has decided to call it a...10 Jan, 2009, 12.36 AM IST
- UTI Bank may be an exception to RBI diktatUTI Bank’s PJ Nayak, who sparked debate around splitting the post of chairman and managing director in private banks, may be an exception t...01 Jun, 2007, 12.00 AM IST
- 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.18 Apr, 2007, 02.42 AM IST
- 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.05 Apr, 2007, 03.11 AM IST
- UTI Bank wants show going, retains NayakThe UTI Bank board has reappointed PJ Nayak as CMD of UTI Bank for a period of two years from August 2007 to July 2009.21 Feb, 2007, 01.02 AM IST
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