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PSB CHIEFS
MoF to meet PSB chiefs over IBC resolution delaysAccording to the IBBI data, 67% of the insolvency cases where the resolution process was ongoing until September 2023 have exceeded the 270...- FinMin asks PSU banks to do proper monitoring of loansBesides, in the recent meeting with Finance Minister Nirmala Sitharaman, PSB chiefs were asked to manage overall exposure to corporate, inc...
- Let PSB chiefs serve till 70 years like private banks: Former SBI chief Arundhati BhattacharyaDefending the state-run banks' performance, she said one has to look at different parameters like financial inclusion and connecting up wit...
- RBI Guv wants PSB chiefs to track geopolitical, other risksIn his first face-to-face interaction with bankers post the onset of the Covid pandemic, governor Das said banks must also invest in cyber ...
- PSBs form 'Alliance' to provide door step bankingBesides public sector banks, two private sector lenders IDBI Bank and ICICI Bank were also shareholders in Cordex but will surrender their ...
- ESOP for public sector bank employees mootedEmployees in PSBs are paid in fixed salaries all these years which according to the Survey does not encourage risk-taking and innovation. T...
- PSU banks seek oversight panel, want government not to act with 'undue haste'Their concern is that action against executives at state-run lenders is being taken with undue haste.
- Public sector banking mess is here to stay. And this is whyOf the 21 PSBs, 11 are under the Prompt Corrective Action plan of RBI. After the Nirav Modi scam, five more banks are at risk of being incl...
- PSB chiefs' selection may be put on hold amid merger pushIt may also review the performance of bank managing directors with those who don’t score too well being asked to improve or quit, said a fi...
- PSB mergers should be between equals: SBI Chief Arundhati BhattacharyaThere can’t be a one-size-fits-all approach, and the temptation to merge the weaker ones with the stronger ones should be resisted as it le...
- Bank Board Bureau suggests rules on hiring of PSB chiefsA few directors on PSU bank boards should be permitted to serve on more than one bank's board, the Bureau has suggested.
- Bank’s Bureau Vinod Rai seeks longer tenure for PSB chiefsGovernment had expanded the role of Banks Board Bureau, which beside selection of candidates will also help banks in their capital raising ...
- Finance Ministry may warn ‘laggard’ PSB chiefsThis will be done in consultation with the Banks Board Bureau (BBB) that has been empowered to advise the govt on extension of tenure and t...
- CM Nitish Kumar addressed newly elected representatives of Panchayats through webcastingThe government has already began construction works of PSB in 1400 Gram Panchayats. The work is completed in 547 Gram Panchayats out of the...
- Idea shifts 1.5 million prepaid customers to per second billing planIdea had spent Rs 4050 crore (excluding on spectrum) in the financial year 2015 and has increased its capex plan for the financial year 201...
- Clip discretionary powers of PSB chiefs to curb corruption, says CBIChiefs of state-run banks may lose chunk of their powers, as mounting non-performing loans bring their lending practices into sharp focus.
- HCL Infosystems bags IT order from Punjab and Sind BankHCL Infosystems said it had received an order from Punjab and Sind Bank (PSB) to provide smart card-based solutions in over 1,500 villages ...
- Easier rules for PSB chief appointmentIn a bid to cast a wider net in its search for new bank chiefs, the government has eased eligibility norms for EDs who would be eligible fo...
- FM to talk deposits, fund allocation with PSB chiefsIncentivising deposit growth, redirecting credit to productive sectors on the back of higher provisioning norms for sensitive sectors.
- MoF to name PSB chiefs soonThe finance ministry is poised to finalise the names of future chairpersons of five public sector banks (PSBs) - Oriental Bank of Commerce ...
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