Business Other News 30 Nov 2016 AIBOC requests govt ...

AIBOC requests govt to expedite appointments on banks' board

PTI
Published Nov 30, 2016, 2:29 pm IST
Updated Nov 30, 2016, 2:29 pm IST
Department of Personnel & Training could take over a year for obtaining the approval of Appointments Committee of Cabinet.
The matter being of utmost importance for the effective governance of the bank boards and to meet the requirement of Banking Regulation Act had been included in our strike calls dated December 11 and in subsequent strike calls.
 The matter being of utmost importance for the effective governance of the bank boards and to meet the requirement of Banking Regulation Act had been included in our strike calls dated December 11 and in subsequent strike calls.

New Delhi: All India Bank officers' Confederation (AIBOC) has requested the government to appoint Officer Nominee Directors on the boards of various public sector banks urgently so that the board can discharge its duties efficiently.

"The matter being of utmost importance for the effective governance of the bank boards and to meet the requirement of Banking Regulation Act had been included in our strike calls dated December 11 and in subsequent strike calls," AIBOC General Secretary Harvinder Singh said.

 

If more than a month is taken in getting the status of the issue, then that is not expected from the government, he said in a statement.

Expressing surprise on the inordinate delay in appointment, he said that instead of resolving the issue, which is related to governance of the banks, only status is being updated.

He wondered if the Department of Personnel & Training (DOPT) could take over a year for obtaining the approval of Appointments Committee of Cabinet.  

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Location: India, Delhi, New Delhi




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