Department of Financial Services

Modi government extends tenure of three public sector banks’ MDs

The Bank Boards Bureau has called for applications for the post of managing director (MD) and chief executive officer (CEO) for Punjab National Bank (PNB) last month only.

published on : 27th August 2021

Union government mulls permitting foreign investment in LIC

Up to 74 percent foreign investment is permitted under the automatic route in the insurance sector, according to the current FDI policy, which doesn't apply to the Life Insurance Corporation of India.

published on : 24th August 2021