TaxTMI 
TaxTMI 
Directors in Banks
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....irectors in Banks <br>News and Press Release<br>Dated:- 9-12-2011<br><BR>Press Information Bureau Government of India Ministry of Finance 09-December-2011 16:47 IST Bank-wise/category-wise number of Directors in Public Sector Banks including State Bank of India, as per Reserve Bank of India (RBI) record, is annexed. Government Nominee Directors are appointed as per extant Guidelines. Non-Gover....
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....nmental Directors are elected under Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980. Before election, the Nomination Committee of the Bank does the fit and proper exercise of the candidature of the Directors, as per RBI's guidelines. This is also done annually as on 31st March every year during the tenure of the Director. Annex Number of Directo....
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....rs in Public Sector Banks including State Bank of India Sr. No. Name of the Bank Number of Directors Government Non-Government (Shareholder Directors) 1 Allahabad Bank 9 0 2 Andhra Bank 8 3 3 Bank of Baroda 10 3 4 Bank of India 9 3 5 Bank of Maharashtra 8 2 6 Canara Bank 10 2 7 Central Bank of India 9 0 8 Corporation Bank 7 3 9 Dena Bank 9 3 10 Indian ....
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....Bank 9 2 11 Indian Overseas Bank 8 3 12 Oriental Bank of Commerce 10 3 13 Punjab & Sind Bank 9 2 14 Punjab National Bank 10 3 15 Syndicate Bank 9 2 16 UCO Bank 8 1 17 Union Bank of India 9 2 18 United Bank of India 9 1 19 Vijaya Bank 8 3 20 State Bank of India 9 4 21 State Bank of Patiala 14 0 22 State Bank of Travancore 12 2 23 State Bank of Mys....
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....ore 13 1 24 State Bank of Hyderabad 14 0 25 State Bank of Bikaner & Jaipur 12 2 26 IDBI Bank Ltd. 5 2 ***** This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to an Unstarred Question in Lok Sabha today. SS/GN<BR> News - Press release - PIB....