Appointment of 8 bank CMDs by Nov-end; interview on Nov 13-14
An appointment board, headed by RBI Governor Raghuram Rajan, will hold interviews of eligible candidates for the post of CMDs of 8 public sector banks on November 13-14, Financial Services Secretary G S Sandhu said on Friday.
Oct 31, 2014, 21:34 PM IST
Selection process of CMDs of 8 PSU banks to start on Nov 13
Banking Secretary G S Sandhu on Friday said that the selection process of chairman and managing director (CMD) of 8 PSU banks will start on November 13 and the appointments will be made by end of November.
Oct 31, 2014, 18:54 PM IST
RBI to invite applications for bank licences: Sandhu
The Reserve Bank will soon invite applications for issuance of licences in three categories -- small banks, payment banks and universal banks -- to achieve financial inclusion target, Financial Services Secretary G S Sandhu said Wednesday.
Oct 15, 2014, 20:55 PM IST
Capital infusion plan for PSU banks soon: Sandhu
Finance Ministry will soon come out with the capital infusion plan for PSU banks to help them meet the global capital adequacy norms, Financial Services Secretary G S Sandhu said Tuesday.
Sep 30, 2014, 15:15 PM IST
Govt to raise 5% interest subvention scheme by 5-fold for poor
In a move to make finance cheaper for weaker sections of the society, the government will soon be massively expanding the eligibility cap for the 5 percent interest subvention scheme to Rs 5 lakh from the current Rs 1 lakh, a top official said on Wednesday.
Aug 20, 2014, 18:55 PM IST
FinMin yet to get a proposal from RBI on COO appointment: Sandhu
Financial Services Secretary G S Sandhu on Wednesday said the Finance Ministry has not received any proposal from the Reserve Bank for appointing a Chief Operating Officer on the rank of a Deputy Governor and that the RBI Act has to be amended to facilitate any such opening.
Aug 20, 2014, 18:47 PM IST
PSU banks to hit market after Oct to raise capital: Sandhu
Government shareholding in various banks varies between 56.26 percent to 88.63 percent.
Jul 31, 2014, 18:24 PM IST
FinMin examining issues concerning merger of PSU banks: Sandhu
Finance Ministry on Saturday said it is examining various issues pertaining to mergers of public sector banks and that there will be some forward movement in the current year itself.
Jul 12, 2014, 17:54 PM IST
