Bank Board Bureau

Even had the privilege of attending meeting chaired by the Prime Minister on the banking sector, he said, stressing the government never ever interfered in any appointment process and the bureau was given a total free hand.

BBB chief Vinod Rai slams govt for not moving on bank reforms, alleges communication breakdown

The BBB was set up by the NDA government in 2016 under former CAG Vinod Rai.

October 1, good time for GST rollout; Bank Board Bureau a bad idea, says Chidambaram

Having an oversight committee – the Bank Board Bureau was the worse idea that the government could come out with to solve the NPA issue, says Former Finance Minister, P Chidambaram.

SBI chief Arundhati Bhattacharya likely to get extension

Government is considering giving a one-year extension to SBI chief Arundhati Bhattacharya amid the lender's consolidation with its associate banks.

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

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 today.

Rajan calls for reducing govt, regulatory oversight of PSBs

Suggesting a major reduction in government and regulatory oversight of public sector banks (PSBs), including by RBI itself, the outgoing Governor also proposed withdrawing the central bank nominees from their boards.

Consolidation, even if slow, has started in banks: Vinod Rai

Entire focus is on cleaning balance sheets, so that loaning process starts immediately, says Vinod Rai, Bank Board chief.

Raghuram Rajan: 90-95% of what I wanted to achieve is done

Outgoing Reserve Bank of India Governor Raghuram Rajan spoke to CNBC-TV18‘s Latha Venkatesh on a variety of topics – and most importantly on his decision to step down in September when his three-year tenure ends.

Three candidates interviewed for SBI's MD post

Three candidates were interviewed for the post of a managing director of the country's largest lender State Bank of India, sources said

Intermediate mechanism to resolve bad loan issue soon: Vinod Rai

Vinod Rai, Chairman of Banks Board Bureau, said the mechanism could be put in place in a fortnight or a maximum of three weeks from now.

Bank Board Bureau meets 10 candidates to select 3 PSB heads

The Bank Board Bureau at its maiden interview for appointments of MDs & CEOs at three state-run banks held in Mumbai on May 16 met as many 10 candidates, according to sources

Bank Board Bureau meets to hold interviews for top jobs in PSUs

The shortlisted names for MD position will be sent to the government for final approval, sources indicated.

Capital infusion for PSUs to be decided post Q4 earnings: BBB

The Bank Board Bureau (BBB) chief Vinod Rai on Friday met up with public sector bank heads to discuss the burning issue of stressed assets and to see whether consolidation can be expected in the sector.

SBI chief discusses NPA issue with Bank Board Bureau

State Bank of India Chief Arundhati Bhattacharya on May 13 said the lender has discussed various issues including bad loans with the Bank Board Bureau (BBB).

Credit offtake of banks to pickup from next month: Vinod Rai

Credit offtake to industry, which has seen decline in the recent past due to slowdown in certain sectors and issues related to bad loans, is likely to see an uptick from next month, Bank Board Bureau chief Vinod Rai said on May 12

Bank Bureau to start selection process for PSB heads soon

"Tangible decision is selection of MDs, we will start that immediately," Bureau Chairman Vinod Rai told reporters here after the second meeting of the high-powered panel.

BBB to meet tomorrow again; NPAs, funds infusion on the table

"The Bureau, among other things, will discuss capital requirements of public sector banks, apart from budgeted provision. Capital is very important to kickstart lending," a senior finance ministry official said.

Bank Board Bureau's next meet on Apr 22

The first meeting was held on April 8 and also attended by attended by Minister of State for Finance Jayant Sinha and RBI Governor Raghuram Rajan, besides its members.

Bank Board Bureau holds first meet, discusses stressed assets

The Bureau, headed by former comptroller and auditor general of India (CAG) Vinod Rai, also discussed strategies for recapitalising banks and making them more competitive, Minister of State for Finance Jayant Sinha told reporters.

Bank Board Bureau's 1st meet today: What's on agenda?

The board should look at strengthening the governance first and then shift focus to capitalisation and then consolidation, says Leo Puri, Managing Director of UTI Asset Management.

View: Exit policy for PSBs needed more than consolidation policy

The idea of consolidating 27 banks into probably five or ten appears to be more a knee jerk suggestion of the bankers gathered at the Gyan Sangam, writes CNBC-TV18's Executive Editor Latha Venkatesh.

'Assessment of PSBs under new KPIs to begin this fiscal'

"The KPIs are going to be operational from the current year only for the performance for 2015-16 of all the banks," Adhia told reporters here at an SBI event.

Worries on PSBs distressed corp exposure remain: Ind-Ra

India Ratings estimates that Indian banks may need up to Rs 1 lakh crore over and above their Basel-III capital requirements to manage the concentration risks arising out of their exposure to highly levered, large stressed corporates.

Recapitalization, Bank Board 'heartening moves': SBI chief

In an interview with CNBC-TV18's Latha Venkatesh and Sonia Shenoy, SBI chief Arundhati Bhattacharya picked out these two as the most positive aspects of a seven-stop public sector bank reform that the government launched on Friday.

Govt announces seven-step plan to reinvigorate state banks

The government today outlined a seven-step programme for the country's struggling public sector banks, which aims to infuse fresh capital and make a number of changes that would give them greater freedom to operate as commercial entities.