INFORMATION RELATED TO BOA SECTION

SUBJECTS ALLOTTED TO BOA SECTION

    Preparation of annual consolidated review on the working of Public Sector Banks and laying it on the Table of both Houses of Parliament pattern of accounting and final accounts in Public Sector Banks; study and analysis of the worksing results of PSU Banks; audit of banks, appointment and fixation of remuneration of auditors of PSBs/FIs; laying of annual reports and audit reports etc., of PSU Banks, in Parliament, taxation matters of PSBs/FIs; dividend payable to Central Government by PSBs; scrutiny of the annual financial reviews of PSBs conducted by RBI under Section 35 of the Banking Regulation Act, 1949 and follow up action, operation of the schemes of bank guarantee by PSBs and related complaints; capital restructuring of public sector banks (including restructuring of weak public sector banks) and Government's contribution to share capital, public issue of banks; Release of externally aided grants to ICICI Bank under USAID. Citizen's Charter of Public Sector Banks / RBI. Publicity in PSBs, Disputes and arbitration between PSBs and between PSBs and other Government Departments / PSEs; appointment of advocates in PSBs, acquisition / leassing / renting / vacation of premises; residuary matters of Portuguese Banks in Goa, Estate Officers under Public Premises Act, 1971; opening and shifting of administrative offices of banks.

SUBORDINATE OFFICES

Reserve Bank of India

Names/Designations
Shri Mihir Kumar Shri Jitender Singh
Director (BOA & Recovery) Deputy Director (BOA)