Back to Career News

BBB launches programme for improving quality of PSU bank boards

March 07, 2022

BBB launches programme for improving quality of PSU bank boards
The Banks Board Bureau (BBB) has introduced a development programme for the management of public sector banks with a view to working on the nature of bank boards. The nine-month Directors’ Development Program (DDP) is intended for the heads of the PSBs and financial institutions with the key objective of enhancing director effectiveness to build their effect on the boards, the BBB said in a statement.

It is expected that the program will assist the directors with thinking about the street ahead in the business and lift themselves to be a source of wisdom and guidance for the management and stakeholders to raise the performance levels of Public Sector Banks in the worldwide landscape, it said.
 
The program designed in collaboration with IBA and others will help enable and rich the board critical for the decision making.
 
Financial Services Secretary Sanjay Malhotra, who is also a member of BBB said there is no end to learning while going through this training.
 
The BBB, the talent scout for state-owned banks and financial institutions establishments, was formed in 2016. It was likewise entrusted with the task of engaging with the governing body of all PSBs to formulate appropriate strategies for their growth and development.

Recommended for you ...

Reserve Bank to promote rupee as preferred currency for global trade
Reserve Bank to promote rupee as preferred currency for global trade

August 09, 2022

IDFC First Bank partners LetsVenture to support start-ups
IDFC First Bank partners LetsVenture to support start-ups

August 09, 2022

SFB allowed to offer more forex products
SFB allowed to offer more forex products

August 09, 2022

Chat on WhatsApp