VINOD RAI APPOINTED FIRST CHAIRMAN OF THE BANKS BOARD BUREAU

New Delhi: Former CAG Vinod Rai has been appointed first Chairman of the Banks Board Bureau, which will advise the government on top-level appointments at public sector lenders and ways to address the bad loans problem among other issues.Besides, ICICI Bank’s former Joint Managing Director H N Sinor, Bank of Baroda’s former CMD Anil K Khandelwal and rating agency CRISIL’s former chief Rupa Kudwa have been appointed members.The named persons appointed as part-time Chairman/Members, besides the ex-officio official members, for a period of two years.