FSIB defers SBI Chairman selection interview for unknown reasons. New date post new government formation after June 4 to replace Dinesh Khara, retiring on August 28. FSIB recommends candidate, final decision by Appointments Committee of the Cabinet led by PM Narendra Modi. Selection panel includes former DoPT secretary Bhanu Pratap Sharma, Animesh Chauhan, Deepak Singhal, and Shailendra Bhandari.
FSIB to select replacement for retiring SBI Chairman Dinesh Khara. Decision by Cabinet Committee, headed by PM Modi. FSIB led by Bhanu Pratap Sharma. Panel includes Financial Services Secretary, Public Enterprises Secretary, and RBI Deputy Governor. Animesh Chauhan, Deepak Singhal, Shailendra Bhandari also on panel.
Banks implement measures to enhance DRT efficacy. Reviews of advocates performance, officer presence at hearings, and changes in regulations discussed in meeting. Stakeholders to reconcile settled cases and use e-Auction platform for property listing and auction. These steps are part of the measures decided to enhance the efficacy of debt recovery tribunals (DRTs) for expeditious debt recovery.
India Business News: The parent company of Paytm, One97 Communications, saw its shares rise for a second day on Wednesday, reaching the 10% upper circuit. The stock increa