FSIB will replace Banks Board Bureau. The Appointments Committee of the Cabinet (ACC) has asked the Department of Financial Services to carry out necessary modifications in the Nationalised Banks (Management and Miscellaneous Provisions) Scheme of 1970/1980 with the approval of finance minister to effect this change.source https://economictimes.indiatimes.com/industry/banking/finance/fsib-sole-entity-for-bank-board-appointments/articleshow/92606112.cms
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