PNB will bounce back in 6 months’: Sunil Mehta
New Delhi: Punjab National Bank’s (PNB) Circle Head Conference held at its Head Office in Dwarka concluded on Monday. The guidance from PNB leadership for FY ’19 is total business of INR 12 lakh crore which will account for 10.8% year-on- year growth. Mr. Amitabh Kant, CEO, Niti Aayog graced the occasion as the Chief Guest and Keynote Speaker on the opening day of the conference. Addressing over 150 senior representatives from the leadership team of the bank including MD and CEO, Mr. Sunil Mehta, Executive Directors, Mr. KV Brahmaji Rao, Mr. Sanjiv Sharan and Mr. Venkata Prabhakar along with 13 Zonal heads, 76 circle heads, and divisional heads from Head Office, he spoke about PNB’s legacy and the need for it to stay focused and determined to emerge as the #1 bank in the country. In his keynote address, Mr. Amitabh Kant, CEO, NITI Aayog, said, “My message to [PNB] is to stay determined, recognize gaps, recapitalize, resolve and reform. This is a unique bank which has been born from the vision of some of the greatest leaders of the freedom movement and been built very honorably from the foresight and determination of great institution builders.” Responding to a question on privatization, he cleared the air by stating that the government is not interested in privatization of Public Sector Banks (PSBs). He asserted that the bigger challenge for PSBs today is the advent of new players and increased competition and emphasized the role that PSBs play in nation-building.
Sri lankan RTI Commission Interacts with SCOPE
New Delhi: A high level delegation from Sri lanka interacted with SCOPE for exchange of views on RTI vis-a-viz its adoptability in public sector enterprises in India. The Sri lankan delegation was headed by Mr. Don Mahinda Gammampila, Chairman of the RTI Commission and all members of the Commission including Mr. Kishali Esther Pinto Jayawardena, Mr. Somapala Gardiyo Punchihewa, Dr. Navamany Semmanachelvy Jeremiah Thiruchandran Mrs. Patricia Rohini Walgama and Mrs. J.M. Thilaka Jayasundara, Additional Secretary (Development & Planning) and Mrs. Mathurabhasini Thamilmaran Purujoththaman, legal Consultant to the RTI Commission, Sri lanka.
Dr. U.D.Choubey, Director General, SCOPE led the team from SCOPE and highlighted the performance of PSEs. He informed the delegation that PSEs in India have adopted RTI in both letter and spirit as it has made the decision making more transparent, trustworthy and cleansed the overall governance part particularly in procurement etc. RTI has given a very good brand of Indian PSEs and enhanced their global competitiveness, Dr. Choubey added.
Training for POWERGRID officials on “leading Self for Inner Growth”
New Delhi: Power Grid Corporation of India ltd. (POWERGRID) Human Resource Development organised a three day Management Development Program in coordination with Jaipuria Institute of Management for the employees of the Company on “leading Self for Inner Growth” recently in Rishikesh. The MDP was attended by senior officials of POWERGRID belonging to various verticals like, Smart Grid, Engineering, Energy Management and Corporate Communications etc.