'Intermediate mechanism for NPA resolution on anvil'
Worried over mounting bad loans, the Bank Board Bureau (BBB) is working out an "intermediate mechanism" to ensure early resolution of the problem and also to provide comfort to the bank management with regard to settlement of dues.
May 20, 2016, 16:58 PM IST
Bank Board Bureau holds first meet, discusses stressed assets
The maiden meeting of the newly-constituted Bank Board Bureau (BBB) on Friday discussed board-level vacancies as well as recognising stressed assets and resolving issues around them.
Apr 08, 2016, 21:57 PM IST
President Pranab Mukherjee confers Padma awards on Dhirubhai Ambani, Sania Mirza: Complete list is here
President Pranab Mukherjee presented five Padma Vibhushan, eight Padma Bhushan and 43 Padma Shri awards at the Civil Investiture Ceremony.
Mar 28, 2016, 09:46 AM 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
Dhirubhai Ambani, Shri Shri Ravi Shankar, Rajinikanth honoured with Padma Vibhushan; Anupam Kher, Vinod Rai to get Padma Bhushan
The Government of India on Monday announced the Padma awards for imminent persons for their distinguished and exceptional achievements under various categories for the year 2016.
Jan 25, 2016, 15:07 PM IST
Audit should not be dampener for private firms: Singh told CAG
There had been allegations of 'gold-plating' worth billions of dollars by RIL in this project, while it has also been alleged that the contract was biased towards the company.
Sep 14, 2014, 12:34 PM IST
Manmohan Singh did not act in 2G spectrum allocation: Ex CAG
Former CAG Vinod Rai has attacked Prime Minister Manmohan Singh over the 2G spectrum allocation, saying that he "chose not to stop" the problems in the telecom sector and claimed that Congress leaders had sought to pressurise him to keep out PM`s name from the audit report brought out by his office.
Sep 11, 2014, 23:45 PM IST
Pranab Mukherjee had cautioned Manmohan Singh over Coalgate findings: Rai
Former Comptroller and Auditor General (CAG) Vinod Rai has claimed that he and the then Finance Minister President Pranab Mukherjee had cautioned former Prime Minister Dr. Manmohan Singh over Coalgate, yet the latter had not taken any concrete steps to stop the proceedings.
Sep 11, 2014, 21:01 PM IST
CAG, CVC responsible for policy paralysis a bogey: Vinod Rai
Dismissing the hypothesis that investigating and auditing agencies are responsible for policy paralysis, former CAG Vinod Rai on Saturday said bureaucrats can deliver given the space and empowerment.
Jun 21, 2014, 20:13 PM IST
