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Government Advises PSBS and Public Sector Insurance Companies to Make an Action Plan for Turn Around of Their Loss Making Branches.

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..... Government Advises PSBS and Public Sector Insurance Companies to Make an Action Plan for Turn Around of Their Loss Making Branches. - News and Press Release Dated:- 8-5-2012 - News - Press Informat .....

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..... ion Bureau Government of India Ministry of Finance 08-May-2012 18:52 IST Government Advises PSBS and Public Sector Insurance Companies to Make an Action Plan for Turn Around of Their L .....

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..... oss Making Branches The Public Sector Banks (PSBs) and Public Sector Insurance Companies are governed by their Board driven policies. Expansion or closure of branches of these institutions is decid .....

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..... ed by their Board in accordance with the guidelines laid down by the regulator. However, the Government, as a promoter shareholder, has recently advised PSBs and Public Sector Insurance Companies to .....

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..... make an action plan for turnaround of their loss making branches. As regards financial inclusion campaign of Government of India, the banks have been advised to meet all the targets of financial incl .....

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..... usion which remains the priority of the Government. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in Rajya Sabha today. * .....

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..... * * DSM/Hb - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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