PSBs notify the bank’s Board of Directors of any vacancies and issues they are experiencing regularly and read a release from the ministry. The government takes the required action to fill up the vacancies as soon as possible.
As of now, the position of Chairman of the State Bank of India
and all the positions of Managing Director and Chief Executive Officer in nationalised banks are filled. It also made clear that there was no proposal under consideration to amalgamate the other public sector banks with SBI.
The ministry also provided the total number of directors and vacancies on the board of all public sector banks.
– Bank of Baroda: 16 Directors, 6 vacancies.
– Bank of India: 16 Directors, 5 vacancies.
– Bank of Maharashtra: 14 Directors, 8 vacancies.
– Canara Bank: 16 Directors, 5 vacancies.
– Central Bank of India: 15 Directors, 7 vacancies.
– Indian Bank: 16 Directors, 7 vacancies.
– Indian Overseas Bank: 14 Directors, 7 vacancies.
– Punjab & Sind Bank: 14 Directors, 8 vacancies.
– Punjab National Bank: 16 Directors, 7 vacancies.
– UCO Bank: 14 Directors, 6 vacancies.
– Union Bank of India: 16 Directors, 5 vacancies.
– State Bank of India: 19 Directors, 7 vacancies.
The statement came after Revolutionary Socialist Party (RSP) MP N K Premachandran raised several questions regarding the vacancies in public sector banks. The list of questions included whether the government proposed to fill up the vacancies in the Board of Directors of various public sector banks and, if so, what action the government took in this regard.
The Parliamentarian also asked whether the Government was aware that the vacancies of Directors in Maharashtra State Bank/Bank of Maharashtra had not been filled.
Premachandran further asked if the government proposed to amalgamate the other public sector banks with SBI.
