Banks board bureau

Banks Board Bureau recommends Alok Choudhary for SBI Managing Director post

BBB recommended the name of Alok Kumar Choudhary for the post of managing director of State Bank of India.

Mar 16, 2022, 23:39 PM IST

India Post Payments Bank hires ex-Vodafone top exec as MD, CEO

The IPPB had targeted to set-up 650 branches across country by September this year but it now aims to complete the roll out of these branches by early next year.

Oct 23, 2017, 18:54 PM IST

Close down Dept of Financial Services, says Raghuram Raja

Rajan also expressed displeasure at the working of the Banks Board Bureau (BBB), and pitched for having banks run by independent boards and not the finance ministry.

Sep 08, 2017, 23:38 PM IST

Vinod Rai writes to FM, PMO on bad loans, suggests roadmap

Expressing concerns over mounting bad loans, Banks Board Bureau (BBB) Chief Vinod Rai has written to Finance Minister Arun Jaitley and Prime Minister's Office underlining the tardy progress made by state-owned lenders in resolving the issue of Non Performing Assets.

Mar 19, 2017, 11:53 AM IST

Finance Ministry gives in-principle nod to ESOPs by PSU banks

Finance Ministry has agreed in-principle to allow public sector banks to offer stock options to their employees from next fiscal -- a move aimed at retaining experienced hands with better incentives.

Mar 05, 2017, 18:00 PM IST

Eight Executive Directors appointed in various banks

Eight Executive Directors (EDs) have been appointed in various public sector banks on the recommendations of Banks Board Bureau.

Feb 17, 2017, 14:19 PM IST

Bank employees unions contest proposal for performance linked pay

Bank employees unions have expressed their stiff opposition to any move to introduce performance linked incentive for public sector banks proposed by Banks Board Bureau (BBB) chief Vinod Rai.

Jan 10, 2017, 15:51 PM IST

Banks consolidation next fiscal, priority to end NPAs: BBB chief Vinod Rai

The consolidation of more banks may begin from next fiscal as the priority today is to unlock the jammed lending system with the Non-Performing Assets (NPAs) sitting over balance sheets of banking institutions, Banks Board Bureau chief Vinod Rai said Tuesday.

Aug 16, 2016, 20:19 PM IST

Vinod Rai's appointment a 'quid pro quo' by BJP govt: Surjewala

Criticising the appointment of former Comptroller and Editor General (CAG) Vinod Rai as the chairman of the newly-constituted Banks Board Bureau (BBB), Congress in charge of communications Randeep S. Surjewala on Sunday accused the Bharatiya Janata Party (BJP) Government of "quid pro quo", while questioning the legality of such an appointment under Article 148 (4) of the Constitution.

Feb 29, 2016, 00:40 AM IST

Vinod Rai appointed first Chairman of Banks Board Bureau

Former CAG Vinod Rai was Sunday appointed first Chairman of the Banks Board Bureau, which will advise the government on top-level appointments at public sector lenders and ways to address the bad loans problem among other issues.

Feb 28, 2016, 17:23 PM IST

Banks Board Bureau to be set up soon: Secretary

The Bureau is likely to be a six-member board comprising former CMDs of banks and financial services sector experts.

Aug 09, 2015, 19:23 PM IST

Bank reforms positive but implementation a risk, says Fitch

Jaitley proposed to set up an autonomous Banks Board Bureau to help lenders raise capital for expansion needs.

Mar 26, 2015, 20:20 PM IST

Banks board bureau to be set up in next 4 mths: FinMin

Finance Ministry Monday said an autonomous banks board bureau is expected to be constituted in the next four months for improving governance of public sector banks.

Mar 02, 2015, 23:18 PM IST