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Bureaucracy

FSIB to recommend appointment of WTDs, NECs in PSBs

The newly-formed Financial Services Institutions Bureau (FSIB), which has replaced the Banks Board Bureau (BBB), has been mandated with recommending persons for appointment as Whole-Time Directors (WTDs) and Non-Executive Chairpersons (NECs) on the Boards of Directors in Public sector banks (PSBs),

By Whispers in the Corridors 1 min read

The newly-formed Financial Services Institutions Bureau (FSIB), which has replaced the Banks Board Bureau (BBB), has been mandated with recommending persons for appointment as Whole-Time Directors (WTDs) and Non-Executive Chairpersons (NECs) on the Boards of Directors in Public sector banks (PSBs), financial institutions (FIs) and public sector insurers (PSIs).

 

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