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CMD News

22 Sep 2021

Air India CMD Rajiv Bansal appointed as secretary in Civil Aviation Ministry

Bansal took charge of Air India last year

30 Sep 2016

CBI registers case against ex-CMD of Canara Bank

CBI has registered a case against former Chairman-cum-Managing Director of Canara Bank R K Dubey for allegedly allowing deviations in sanctioning credit limits to a company during his tenure as Executive Director at Central Bank of India.

25 May 2015

Splitting CMD post of PSBs a dangerous proposition: Assocham

Bifurcation of Chairman and Managing Director's post may not augur well for the public sector banks as it may lead to inefficiencies and bureaucratic hassles rather than improvement, Assocham said in a report.

Bharatiya Mahila Bank

23 Mar 2015

Bharatiya Mahila Bank to have 60 branches by Mar 31: CMD

Bharatiya Mahila Bank will launch nine more branches by this month end to close the fiscal with a network of 60 outlets, a top official said today.

24 Nov 2014

10 names shortlisted for appointment as CMDs in 8 PSU banks

A high-level search panel headed by Reserve Bank Governor Raghuram Rajan has shortlisted 10 Executive Directors for the post of Chairman and Managing Director (CMD) in eight public sector banks.

Oil India Limited

24 Nov 2014

PESB interviews six for Oil India CMD job, none found suitable

Government may invite fresh applications for top job at Oil India Ltd after its headhunters PESB did not find any of the six applicants, including the firm's Director (Finance) R S Borah, suitable.

13 Nov 2014

19 candidates to appear for CMD post in 8 banks Friday

Nineteen candidates will appear before three sub-committees Friday for selection of heads of 8 PSU banks and the applicants include an incumbent CMD.

13 Oct 2014

Govt extends Air India CMD's tenure by about 10 months

The Government Monday gave about 10-month extension to Air India chief Rohit Nandan, second time since his appointment to the post.

Finance Ministry

25 Aug 2014

FinMin mulls splitting CMD post for PSU banks

Finance Ministry Monday said it is considering bifurcation of the post of Chairman and Managing Director in public sector banks to strengthen corporate governance in the light of recent cases of corruption.

18 Aug 2014

Government likely to split PSU bank CMD's post

The government might also rejig the hierarchy in PSU banks in order to cut down political interference in its working.

05 Aug 2014

CMD bribery: CBI Chief orders internal inquiry

CBI Director Ranjit Sinha has ordered an internal inquiry after his team did not arrest Vice Chairman of Bhushan Steel Neeraj Singhal during searches at his residence in the Syndicate Bank bribery case despite his clear instructions to pick him up.

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