 "Rising NPAs put Dena Bank under corrective action plan")
The government on Thursday appointed non-executive chairpersons of three public sector banks- Dena Bank, Punjab & Sind Bank and Central Bank of India.
Former Corporate Affairs Secretary Tapan Ray will be the non-executive chairperson of Central Bank, former Reserve Bank of India director Dr Charan Singh of Punjab & Sind Bank and ex-global partner at TPG Private Equity Anjali Bansal of Dena Bank.
Department of Financial Services Secretary Rajiv Kumar said the appointments were based on recommendations of the newly-reconstituted Banks Board Bureau (BBB) and termed the move as being part of banking reforms.
This is the first appointment of
