Banks Board Bureau lists 75 bankers for PSB leadership roles

New Delhi: The Banks Board Bureau (BBB) has identified 75 senior officials of state-run banks for leadership roles across public sector banks (PSB).

In its latest activity report, the Bureau has also sought autonomy for the PSBs to decide on their organisational structure.

The BBB has shortlisted the selected officials from an original list of around 450 people, according to the Bureau’s activity report for October 2018-March 2019.

“From a pool of 450 senior management personnel across nationalised banks, an inaugural batch of around 75 personnel has been identified this year. They are presently undergoing deeper assessments after which Individual Development Plans will be generated,” it said.

The Bureau said that it would identify a globally-ranked Indian institution where the selected personnel will undergo an intensive leadership development journey every year.

On banks’ autonomy, the BBB recommended: “Empower nationalised banks by giving complete autonomy to Boards to decide the organization structure.”

The activity report further observed that the Bureau currently makes available to each PSB, on a quarterly basis, its Relative Performance Rating (RPR) based on various Key Performance Indicators (KPIs) to encourage a culture of discerning operating performance as well as business strategy.

“Other performance parameters including benchmarking with the private sector competitors as well as the results of capital assessment, namely, common equity capital projections, are also made available,” it said.

It also asked the government to revamp the credit governance architecture in nationalised banks to reinforce efforts to minimise credit costs and enhance efficiency of credit allocation.

nt

Comments are closed.

Share
Published by
nt

Recent Posts

Panaji bypoll registers 75.25% voter turnout

Panaji: The bypoll to the Panaji assembly segment on Sunday recorded 75.25 per cent voter turnout, and the polling was…

16 hours ago

Sawant exudes confidence of Sidharth’s win

Panaji: Reacting to the high percentage of voting at the Panaji bypoll, Chief Minister, Pramod Sawant on Sunday said the…

16 hours ago

BJP to retain both seats in Goa: exit poll

Panaji: An exit poll conducted by a magazine indicates that both the Lok Sabha seats in Goa will  be won…

16 hours ago

State to move Mhadei tribunal over clarifications

Panaji: Chief Minister Pramod Sawant on Sunday said that his government is committed to protect the waters of river Mhadei…

16 hours ago

Bandora locals say no to mega housing projects

Ponda: Reiterating their opposition to the housing projects in the village, Bandora gram sabha, on Sunday, resolved not to grant…

16 hours ago

Low water levels in rivers a concern for Sattari farmers

Valpoi: A vast area in Sattari still does not have access to potable water in summer.  Women in some villages have…

16 hours ago