Page 13 - Digi Page - General Awareness - Dec, 2015
P. 13
www.bankersguru.org
(General Awareness)
INDRADHANUSH
I IN ND DR RA AD DH HA AN NU US SH H
A seven point agenda was launched by the ministry of finance in consultation with
RBI. Bank Board
Appointments Bureau Capitalization De-stressing
PSBs
Empowerment
Framework of
Governance Reforms
Accountability
¥ Appointments :
Government decided to separate the post of Chairman and Managing Director by prescribing
that in the subsequent vacancies to be filled up the CEO will get the designation of MD & CEO and
there would be another person who would be appointed as non-Executive Chairman of PSBs.
¥ Bank Board Bureau:
BBB will be a body of eminent professionals and officials, which will replace the Appointments
Board for appointment of Whole-time Directors as well as non-Executive Chairman of PSBs.
BBB will comprise of a Chairman and six more members of which three will be officials and three
experts (of which two would necessarily be from the banking sector).
It would start operations from April 1, 2016
¥ Capitalization:
The Government of India proposes to make available Rs.70,000 crores out of budgetary allocations
for four years. 25,000 crore each in the first two and 10,000 crore each in the remaining two years
¥ De-stressing PSBs :
C Ce en nt tr ra al l R Re ep po os si it to or ry y o of f I In nf fo or rm ma at ti io on n o on n L La ar rg ge e C Cr re ed di it ts s
F Fo or rm ma at ti io on n o of f J Jo oi in nt t L Le en nd de er rs s F Fo or ru um m ( (J JL LF F) )
E Es st ta ab bl li is sh hm me en nt t o of f s si ix x N Ne ew w D DR RT Ts s
¥ Empowerment: No interference But Intervention
¥ Framework of Accountability: Key Performance indicators shall be setup.
¥ Governance reforms : Gyan sangam shall take place next year in January.
Chief Risk officer shall be setup in a Bank.
Date of Release – 26-Dec-15 SUBJECT:GA www.bankersguru.org
(General Awareness)
INDRADHANUSH
I IN ND DR RA AD DH HA AN NU US SH H
A seven point agenda was launched by the ministry of finance in consultation with
RBI. Bank Board
Appointments Bureau Capitalization De-stressing
PSBs
Empowerment
Framework of
Governance Reforms
Accountability
¥ Appointments :
Government decided to separate the post of Chairman and Managing Director by prescribing
that in the subsequent vacancies to be filled up the CEO will get the designation of MD & CEO and
there would be another person who would be appointed as non-Executive Chairman of PSBs.
¥ Bank Board Bureau:
BBB will be a body of eminent professionals and officials, which will replace the Appointments
Board for appointment of Whole-time Directors as well as non-Executive Chairman of PSBs.
BBB will comprise of a Chairman and six more members of which three will be officials and three
experts (of which two would necessarily be from the banking sector).
It would start operations from April 1, 2016
¥ Capitalization:
The Government of India proposes to make available Rs.70,000 crores out of budgetary allocations
for four years. 25,000 crore each in the first two and 10,000 crore each in the remaining two years
¥ De-stressing PSBs :
C Ce en nt tr ra al l R Re ep po os si it to or ry y o of f I In nf fo or rm ma at ti io on n o on n L La ar rg ge e C Cr re ed di it ts s
F Fo or rm ma at ti io on n o of f J Jo oi in nt t L Le en nd de er rs s F Fo or ru um m ( (J JL LF F) )
E Es st ta ab bl li is sh hm me en nt t o of f s si ix x N Ne ew w D DR RT Ts s
¥ Empowerment: No interference But Intervention
¥ Framework of Accountability: Key Performance indicators shall be setup.
¥ Governance reforms : Gyan sangam shall take place next year in January.
Chief Risk officer shall be setup in a Bank.
Date of Release – 26-Dec-15 SUBJECT:GA www.bankersguru.org
