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PSU Banks

SECTOR | 04 May 2015

FinMin initiates process of identifying chairmen for PSU banks

Business Standard

The Finance Ministry has initiated the process of identifying persons like retired bureaucrats and bankers who could be appointed as non-executive chairmen of various public sector banks.
Vacancies for the position of non-executive chairman have ...

PSU Banks

SECTOR | 04 May 2015

Challenges galore

Business Line

Consolidation of public sector banks

PSU Banks

SECTOR | 04 May 2015

The human resources crisis at public sector banks

livemint

If the govt isnt able to identify the chiefs of those banks where the top positions have been lying vacant for months, by end-June, corner offices of seven public sector banks will turn vacant

PSU Banks

SECTOR | 04 May 2015

3 PSU Banks Seek Exemption From Dividend Payment

NDTV Business

Three public sector banks - Bank of India, Union Bank of India and Allahabad Bank - have sought exemption from payment of dividend citing higher provisioning for non-performing assets (NPAs).

PSU Banks

SECTOR | 01 May 2015

Rajan to head panel for selecting non-exec chairmen for PSBs

Business Standard

Will look at maximum age and tenure and then identify the candidates

PSU Banks

SECTOR | 01 May 2015

Bank mergers are not a smooth ride

Business Line

Small banks merging with large PSBs does neither any favour. Narrow banking is the right option

PSU Banks

SECTOR | 24 Apr 2015

Looking for Chairmen for PSU banks; appointed 5 CEO & MDs: Govt

Business Standard

Government is in the process of finding non-executive chairmen for public sector banks and it has already appointed managing directors and chief executive officers in five public sector banks.
"The government has appointed MD & CEOs in five ...

PSU Banks

SECTOR | 20 Apr 2015

Prepare small banks for merger with large PSBs: Finance Ministry panel

Business Line

Small public sector banks, with assets of less than 2-lakh crore, should be readied for merger with five large PSBs, a Finance Ministry-appointed panel has recommended. PSBs with less t...

PSU Banks

SECTOR | 20 Apr 2015

PSU banks to tie-up with insurers for social schemes by June 1

Business Standard

Insurers to offer Rs 2 lakh accident cover for a premium Rs 12 a year and life cover of Rs 2 lakh for an annual premium of Rs 330

PSU Banks

SECTOR | 20 Apr 2015

FinMin to meet PSBs to take stock of infrastructure projects

Business Standard

The finance ministry has called a meeting of heads of public sector banks (PSBs) on April 28 to deliberate on removing the bottlenecks that hamper implementation of major infrastructure projects.The meeting, in which senior Reserve Bank of India ...