Appointment of Chief Executives and Government nominee Directors / non-Directors on the Boards of Public Sector banks (PSBs), Public Sector Insurance companies and DFIs; Chief Vigilance Officers (CVOs) in PSBs and Insurance Companies; Chairpersons and Members of BIFR and AAIFR, and Workmen employee directors in PSBs,
Administration of the Regional Rural Banks Act, 1976 and all Acts on Banks, DFls and Insurance Companies.
Framing rules and regulations in respect of service conditions of employees of Public Sector insurance companies and Chairperson and Members of IRDA
Wage settlement in banking and insurance industry.
Framing rules under IRDA Act 1999 and appointment of Chairperson and Members of IRDA
Formulation of Legislative proposals concerning the Interim PFDRA.
Coordination between industry, banks and financial institutions