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29-Feb-2016


 Shri Vinod Rai, Former CAG of India, appointed as the Chairman

of Banks Board Bureau













 With a view to improving the governance of Public Sector Banks (PSBs), the Government
had decided to set up an autonomous Banks Board Bureau.
 The Bureau will recommend the selection of heads - Public Sector Banks and Financial
Institutions and help Banks in developing strategies and capital raising plans.
 Now, the Government has announced the constitution of Banks Board Bureau which will
have three ex-officio members and three expert members in addition to the Chairman.
All the Members and Chairman will be part time.
 The BBB, which will start functioning from 1st April, 2016 is constituted as follows:



Sl Name/Designation Designation
No.

1 Shri Vinod Rai, Former CAG of India Chairman


2 Secretary, Department Financial Services Ex-officio
member

3 Secretary, Department of Public Enterprises Ex-officio
member

4 Deputy Governor, Reserve Bank of India Ex-officio

member

5 Shri Anil K. Khandelwal, Former CMD of Bank of Member
Baroda

6 Shri H.N. Sinor, Former Joint MD, ICICI Bank Member


7 Ms. Rupa Kudwa, Former MD&CEO, CRISIL Member


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