Question : RBI GUIDELINES ON NON- OFFICIAL DIRECTORS -

(a) whether the Reserve Bank of India has drawn up any guidelines for appointment of non-officia directors in public sector banks ;

(b)ifso, the details thereof;

(c) whether these guidelines taken into account the recommendations of `Narasimham and R H Pati Committees suggesting creation of professionally run bank boards;

(d) if so. the details thereof;

(e) whether the new RBI guidelines will ensure that the practice of nomination of directors with vested interests is discontinued; and

(f) if so, the details thereof?

MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI S.S. PALANIMANICKAM)

(a) to (f) No, Sir. However, keeping in view the recommendations of Narasirnham Committee R.H- Patil Committee and Ganguly Committee guidelines are being framed by the Government fo appointment of non-official directors.