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 Hot Talks in Banking Circles

(Are  above circles  moving or is it only illusion ??  Are Some Hot talks only illusions ?? )

Compiled by

Rajesh Goyal 

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2014

3rd February, 2014 :  Interestingly, once again an IAS Officer has been appointed as CMD of PSB.    Mr Jatinder Bir Singh, an IAS officer of 1983 batch and belonging to Assam-Meghalaya cadre has been appointed as Chairman and Managing Director of Punjab & Sindh Bank (PSB)
31st January, 2014 : It is hotly being debated as to why this Government is in hurry to clear the list of promotions to the posts of EDs from the existing GMs of Banks?  It seems Congress Government has resigned that it will come to power this time.  Thus, they are in hurry to clear the list, though first posting of the new EDs is due to start only from August 2014.   What will the new Government do with the list cleared in hurry now.  Only God  knows.
29th January, 2014 : A number of bank officers are always looking for VRS owing to unnecessary pressure tactics adopted by management or rarely on personal reasons.  However, there are only few instances where officers in Scale V and above have opted for VRS.  Reports indicate that Mr S K Widhani, General Manager at Allahabad Bank has sought VRS.  Any guesses for the reasons ?
28th January, 2014 : Mr R V Verma, who is said to have resigned, is likely to join Pension Fund Regulatory and Development Authority ( PFRDA).  Just wait and watch.
27th January,  2014:  There is a buzz in banking circles that Mr R V Verma, Chairman of National Housing Bank has sent his resignation.  The rumors are going around about his next move.

27th January,  2014:  Reports indicate that the list of 14 GMs to be promoted as ED in various banks has been finalised and the same is likely to be sent to ACC for approval soon.

26th January,  2014:  J K Singh Kharb, GM at Dena Bank has joined as new Executive Director of the Allahabad Bank.
26th January,  2014:  B K Divakara, General Manager at Corporation Bank, has been appointed new Executive Director of the Central Bank of India.

 

 

 

 

 

 

 

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3rd December, 2013:   Mr Arun Tiwari, at present Executive Director with Allahabad Bank, is likely to join Union Bank as CMD.  Earlier reports had tipped the name of Mr B K Batra for the same post.

7th October, 2013:   The orders apoointing Shri Gauri Shankar (DoB 25.03.1956) as the Executive Director of PNB have been issued.  He has been appointed to ED's post upto 31.03.2016+ i.e. the date of his attaining the age of superannuation. (At present he is GM, BoI)

4th October, 2013:   It is reported that the orders for appointing Mr S R Bansal (DoB 03.01.1956), as CMD of corporation Banks have been issued (At present he is ED at PNB).  He will remain to the elevated post till 31.01.2016 ie the date of superannuation.

3rd October, 2013:   Banker are likely to soon  see the orders for the appointment of Ms Arundhati Bhattacharya as the new Chairperson of SBI.   The post had become vacant after the end of the tenure of Mr Pratip Chaudhuri  ended on 30/09/2013

3rd October, 2013:  Mr S Muhnot (presently with SIDBI) is tipped for the top post of BoM in place of Mr Narendra Singh, who has retired on 30th September, 2013.

st October, 2013:  Mr S R Bansal, ED with PNB is likely to receive his posting  orders on promotion as CMD in Corporation Bank in next two to three days.  Simultaneously,  the orders of Mr Gauri Shanker (presently GM in BoI) for posting as ED in PNB in place of Mr Bansal are expected.  Good Luck to both of them

 

Hot Talks Archives i.e. topics discussed under this head upto 2013 are available  on a separate page.  You can click and view the old Hot Talks topics

Disclaimer

Hot Talks are merely those talks which are being talked about by bankers and / or appear in media based on inside reporting.  AllBankingSolutions.com cannot guarantee these to be true and/or necessarily correct as final decision on many issues is yet to be taken.   Visitors to website are, therefore, advised to wait for the final decisions and recheck from their own sources the veracity of these reports. AllBankingSolutions.com is thus in no way responsible for authencity of these talks.

 

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