Bank Board Bureau Current Affairs, GK & News
Union government has transformed the “Banks Board Bureau (BBB)” into “Financial Services Institutions Bureau (FSIB)”, through some amendments. Highlights Banks Board Bureau (BBB) was the head-hunter for directors of state-owned banks as well as financial institutions. Amendments were needed, because in 2021 Delhi High Court in its order maintained that, BBB is not a competent body ..
Month: Current Affairs - July, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Animesh Chauhan • Bank Board Bureau • Delhi High Court Order • Financial Services Institutions Bureau (FSIB) • Nationalized Banks • Nationalized Banks (Management and Miscellaneous Provisions) Scheme
The Bank Board Bureau (BBB) has recommended that Government should bring in reforms in the compensation process in public sector banks (PSBs) on the lines of Central Public Sector Enterprises (CPSEs). BBB has suggested compensation reforms in PSBs so that best practices can be introduced ‘on the lines already prevalent in CPSEs. It will play ..