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Heads of 11-PSBs to appear before parliamentary panel on June 26

Top officials of IDBI Bank, UCO Bank, Central Bank of India, Bank of India, Indian Overseas Bank, Dena Bank, Oriental Bank of Commerce, Bank of Maharashtra, United Bank of India, Corporation Bank and Allahabad Bank, will make presentations before the panel and respond to queries on June 26.

 
 
On Friday, IDBI Bank's stock surged 6 per cent intra- day after it was reported that the government was planning to sell its 40-43 per cent stake to LIC.
He has been appointed in place of incumbent Mahesh Kumar Jain who was recently named Deputy Governor of the Reserve Bank of India.
In its regulatory filing, ICICI Bank has also established that Kochhar will continue to hold the position of chief executive in the organisation.
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