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Stay updated with the latest PSU news in India. This section covers CMD and chairman appointments, leadership changes and updates from major public sector undertakings and public sector banks.

Parminder Chopra appointed as CMD, PFC

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Parminder Chopra, who serves as the Director (Finance) of Power Finance Corporation (PFC), has been appointed by the central government as the Chairman and...

H S Sohal gets addl charge of CVO, MTNL

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H.S. Sohal (IFoS:1987:AGMUT) has been given additional charge of CVO (JS level), Mahanagar Telephone Nigam Limited (MTNL), Delhi for a period upto March 31,...

PNB emerges stronger post-merger

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Indian banking industry witnessed the mega consolidation exercise on 01st April 2020, which reduced the number of Public Sector Banks from 19 to 12...

Surendra Mehra appointed as CVO, BSNL

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Surendra Mehra (IFoS:1999:UD) was on Friday appointed to the post of CVO, Bharat Sanchar Nigam Ltd. (BSNL), Delhi under the Department of Telecommunication for...
REC Limited Mobile Medical Units Tripura

REC Limited Sanctions ₹3.60 Crore for Three Mobile Medical Units to Boost Rural Healthcare...

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REC Limited has reaffirmed its commitment to accessible and affordable healthcare for India’s remotest communities through a major CSR initiative in Tripura. In a...

PESB recommends K P Mahadevswamy’s name as CMD of NBCC India Limited

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K P Mahadevswamy has been selected for the post of Chairman & Managing Director (CMD), NBCC (India) Limited at a Public Enterprises Selection Board...
PSU Banks

Finance Ministry asks PSBs to reform transfer policy

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In a significant development, the Finance Ministry has written to Public Sector Banks (PSBs) to reform their transfer policy by incorporating a series of...

N K Grover selected as MD, CRWC

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Narinder Kumar Grover, Group General Manager, Central Warehousing Corporation, has been selected for the post of Managing Director, Central Railside Warehousing Corporation at a...

IRFC secures fifth consecutive “Excellent” DPE rating for FY 2024–25

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Indian Railway Finance Corporation Limited (IRFC) has been rated “Excellent” by the Department of Public Enterprises for the financial year 2024–25. It is the...

Sanjeev Singhal appointed as Director (Finance), Mazagon Dock Shipbuilders Limited

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Sanjeev Singhal was on Tuesday appointed as Director (Finance), Mazagon Dock Shipbuilders Limited (MDL), Mumbai for a period of five years. Presently, he is...

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