Banks Board Bureau
Banks Board Bureau (BBB) is an autonomous body of the Government of India tasked to Search and Select apposite personages for Board of Public Sector Banks, Public Sector Financial Institutions and Public Sector Insurance Companies and recommend measures to improve Corporate Governance in these Institutions. The mandate of the Bureau includes Central Government notified the amendment to the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980 providing the legal framework for composition and functions of the Banks Board Bureau on March 23, 2016. The Bureau accordingly started functioning from April 01, 2016 as an autonomous recommendatory body . The BBB works as step towards governance reforms in Public Sector Banks (PSBs) as recommended by P.J. Nayak Committee. Bhanu Pratap Sharma is the Chairman of the Mumbai based Banks Board Bureau (Since 2018). It is housed in RBI's Byculla Office in Mumbai. The first Chairman of Banks Board Bureau was Shri Vinod Rai (2016-2018). The Banks Board Bureau website is https://banksboardbureau.org.in and its official Twitter Handle is @BanksBoardBuro