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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.

REC Limited

REC Limited achieves ‘Excellent’ MoU rating for FY 2024–25 for third consecutive year

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REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, has received an ‘Excellent’ MoU rating for the financial year 2024–25,...

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...
PSU Banks

PSU Banks generating higher profits per capita than private sector banks: RBI

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Gone are the days when Public Sector Banks (PSBs) used to be considered less efficient and their employees were often derided as slow performers....

Kishore Gurdasani appointed Director (Operations) of AWEIL

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In a key development, Kishore Gurdasani, currently serving as Executive Director at Advanced Weapons and Equipment India Limited (AWEIL), has been appointed as Director...

ACC appoints Amit Tandon as Director (Projects) of RVNL

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Amit Tandon has been appointed as Director (Projects) of Rail Vikas Nigam Limited (RVNL). According to an order issued by the Department of Personnel...
Hardeep Singh Ahluwalia

Hardeep Singh Ahluwalia appointed interim MD & CEO of Canara Bank

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Hardeep Singh Ahluwalia has been appointed as Managing Director (MD) & Chief Executive Officer (CEO) of the Canara Bank. Ahluwalia will be functioning in...
Manish Gupta RINL CMD

Manish Raj Gupta given additional charge of RINL CMD

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Manish Raj Gupta has been given the additional charge as Chairman & Managing Director (CMD) of Rashtriya Ispat Nigam Limited (RINL), a Navratna Central...
Finance Ministry's review meeting

Finance Ministry asks PSBs to promptly report vigilance issues concerning Whole-Time Directors

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In a significant move, the Finance Ministry has asked all Public Sector Banks (PSBs) and state-owned financial institutions, including insurance companies, to report vigilance-related...
Oil and Natural Gas Corporation

PESB invites applications for Director (Production) post in ONGC

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The Public Enterprises Selection Board (PESB) has invited applications for the post of Director (Production) at Oil & Natural Gas Corporation Limited (ONGC). The...
MOIL

PESB invites applications for Director (Production & Planning) at MOIL

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The Public Enterprises Selection Board (PESB) has invited applications for the post of Director (Production & Planning) at MOIL Limited. The vacancy notification was...

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