All PSBs Requested to make presentations to the Department of Financial Services

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Jayant Sinha
Jayant Sinha

In order to assess capital requirement of Public Sector Banks (PSBs), all PSBs have been requested to make presentations to the Department of Financial Services, Ministry of Finance.  Shri Jayant Sinha, Minister of State (Finance) and Secretary (Financial Services) would be present during these meetings.  The schedule of these Presentations is as follows:

Place of Meeting Name of Banks Date
Delhi UCO Bank, United Bank of India and Allahabad Bank 12.6.2015
Punjab National Bank, Punjab & Sindh Bank and Oriental Bank of Commerce. 18.6.2015
Mumbai State Bank of India, Union Bank of India, IDBI Bank and Central Bank of India 24.6.2015
Bank of India, Bank of Baroda, Dena Bank and Bank of Maharashtra 25.6.2015
Bengaluru Andhra Bank, Indian Overseas Bank, Corporation Bank, Canara Bank, Syndicate Bank and Vijaya Bank. 3.7.2015

Earlier during the Quarterly Review of Public Sector Banks’ performance held on 11th March, 2015 (11.3.2015), it was discussed that the banks should work-out/find-out their own resources for raising capital and also work-out their own plan for raising capital from market. Bank should have a base line board validated capital raising strategy. Capital would include the equity, non-equity and other instruments. Capital requirement may be for the existing business growth and some for meeting the new credit requirement. Banks should use capital in more productive manner. Banks may do the business which is permitted by their capital base. They can go into the niche Market. They can also explore the possibility of selling their non-core business.

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Saurabh Sinha, Editor of IndianBureaucracy.com, is known for his credible, precise and insightful coverage of governance, civil services and administrative developments in India. Under his leadership, the portal has grown into a trusted national platform for accurate updates, appointments and policy movements within the bureaucratic ecosystem. Saurabh’s strong professional networking and deep understanding of government functioning enable him to present timely, reliable and well-contextualised information to readers across sectors. As a thought-driven editor, he promotes informed dialogue on governance reforms while maintaining high editorial standards. His calm, consistent and detail-oriented approach continues to strengthen the portal’s reputation. इंडियनब्यूरोक्रेसी.कॉम के संपादक सौरभ सिन्हा देश की नौकरशाही, शासन व्यवस्था और प्रशासनिक गतिविधियों की विश्वसनीय तथा संतुलित रिपोर्टिंग के लिए जाने जाते हैं। उनके नेतृत्व में यह पोर्टल नियुक्तियों, नीतिगत बदलावों और प्रशासनिक खबरों का एक भरोसेमंद राष्ट्रीय स्रोत बन चुका है। शासन तंत्र की गहरी समझ और मजबूत पेशेवर नेटवर्क के कारण सौरभ पाठकों को समयबद्ध, सटीक और संदर्भित जानकारी प्रदान करते हैं। एक विचारशील संपादक के रूप में वे सुशासन, पारदर्शिता और सुधारों पर सकारात्मक संवाद को बढ़ावा देते हैं। उनकी शांत, सूक्ष्म और पेशेवर संपादकीय शैली पोर्टल की प्रतिष्ठा को लगातार मजबूत कर रही है।