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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.

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...

FSIB recommends Binod Kumar as next MD & CEO of Indian Bank

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The Financial Services Institutions Bureau (FSIB) on Sunday (24.11.2024) recommended the appointment of Binod Kumar to the post of Managing Director & Chief Executive...
PSU Banks

Govt planning to sell minority stakes in 4 PSU banks

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The Government of India is reportedly planning to sell minority stakes in four state-run banks – Central Bank of India, Indian Overseas Bank, UCO...

It’s official now: PESB recommends Amitava Mukherjee as CMD of NMDC Limited

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Once again, our sources were proven accurate. As we informed readers earlier, Amitava Mukherjee was likely to be appointed as the full-time Chairman and...

Amitava Mukherjee is likely to be selected as full-time CMD of NMDC Limited

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According to our sources, Amitava Mukherjee is likely to be selected as the full-time Chairman & Managing Director (CMD) of NMDC Limited. The Public...

Arvindar Singh Sahney appointed Chairman of IOCL

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Arvindar Singh Sahney, Executive Director at Indian Oil Corporation Limited (IOCL), has been appointed as the company's new Chairman.According to an order issued by...
Power Grid Corporation of India

PGCIL CVO Dharmendra Kumar Madan repatriated to parent cadre

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Dharmendra Kumar Madan (IOFS:1994), Chief Vigilance Officer (CVO) of Power Grid Corporation of India Limited (PGCIL), Delhi/NCR, has been prematurely repatriated to his parent...

Mara Kocho selected as Managing Director of NEHHDC

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Mara Kocho has been selected for appointment as Managing Director (MD), North Eastern Handicrafts & Handloom Development Corporation Limited (NEHHDC) at a Public Enterprises...

Sunil Gupta selected as Director (Operations & Commercial), Konkan Railway Corporation

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Sunil Gupta has been selected for appointment as Director (Operations & Commercial), Konkan Railway Corporation Limited (KRCL) at a Public Enterprises Selection Board (PESB)...

Sharmishtha Koul Sharma selected as Director (HR), India Optel Limited

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Sharmishtha Koul Sharma has been selected for appointment as Director (Human Resources), India Optel Limited at a Public Enterprises Selection Board (PESB) meeting held...

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