The finance ministry has shortlisted then names of executive directors who are likely to head public sector banks in 2014-15. Six public sector banks will see its chairmen and managing directors retiring in 2014-15, which are Bank of Baroda, Indian overseas bank, Canara Bank, Oriental Bank of Commerce, Vijaya Bank and United Bank of India. The selection panel comprising Anand Sinha, deputy governor, Reserve Bank of India and Rajiv Takru, secretary, financial services in the ministry of finance, among others, interviewed 19 executive directors last week. Sources indicate, Arun Srivastava, who is an ED in Bank of India has been identified to head Indian Overseas Bank, SK Kalra of Andhra Bank may get the charge of Canara Bank, BB Joshi of Bank of Baroda may head for OBC. Similarly, RK Goel of Central Bank of India may be given the charge of Vijaya Bank and MK Jain of Punjab & Sind bank may get the top job ion Kolkata-based United Bank...Read more >> Click here
