• Preparation of annual consolidated review on the working of Public Sector Banks (PSBs) and laying it on the Tables of both Houses of Parliament.
• Pattern of accounting and final accounts in Public Sector Banks.
• Study and analysis of the working results of PSU Banks.
• 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.
• Capital restructuring of PSBs (including restructuring of weak PSBs) and Government's contribution to share capital, public issue of banks.
• Release of externally aided grants to ICICI Bank under USAID.
• Disputes and arbitration between PSBs and between PSBs and other Govt. Departments/PSEs.
• Appointment of advocates in PSBs.
• Residuary matters of Portuguese Banks in Goa.
• Opening and shifting of administrative offices of banks.
• All Policy matters related to Banking Operation such as Licensing, amalgamation, reconstruction, moratorium funds, and acquisition of private sector banks.
• Functioning of PSBs
• Notification regarding exemption from various sections of the Banking Regulation Act, 1949 and appointment of appellate authority to hear appeals under BR Act and Banking Companies (Acquisition and Transfer of Undertakings) Act of 1970 and 1980
• Administration of all Acts/ Regulations/ Rules related to Public Sector Banks, RBI and State Level Banks
• Laying of annual reports and audit reports etc., of PSBs in Parliament
