- The scheme was launched in 2015 to revamp the PSU banks.
- The scheme has a 7 point which includes:
-
- appointments,
- board of bureau,
- capitalisation,
- de-stressing,
- empowerment,
- Framework of accountability and
- governance reforms.
Banks Board Bureau
- It is entitled with the job of making executive appointments to PSU banks.
- It will also help banks in capital raising plans and business strategies