Finance ministry appoints Subhas Chandra Lal Das as part-time chairperson FSIB

Finance ministry names Subhas Chandra Lal Das as part-time FSIB chair for three years.

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Oct 16, 2026

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Finance ministry appoints Subhas Chandra Lal Das as part-time chairperson FSIB

Finance ministry names Subhas Chandra Lal Das as part-time FSIB chair for three years.

In brief

Finance ministry names Subhas Chandra Lal Das as part-time FSIB chair for three years. Finance ministry appoints former IAS officer Subhas Chandra Lal Das as part-time chairperson of FSIB for three years to oversee public sector banks and insurers. Originally reported by mint.

Finance ministry appoints Subhas Chandra Lal Das

Finance ministry appoints former IAS officer Subhas Chandra Lal Das as part-time chairperson of FSIB for three years.

Appointments effective from 16 Oct 2026

Appointments take effect from 16 October 2026 or until further orders, whichever is earlier.

Six part-time members appointed

Six part-time members include Arijit Basu, Satish Kashinath Marathe, Ramanathan Subramanian, Siddhartha Mohanty, Neerja Kapur, and T.L. Alamelu.

FSIB's mandate

FSIB recommends candidates for appointments to public sector banks, financial institutions, and insurers boards.

FSIB handles public sector banks and insurers

Basu, Marathe, and Subramanian handle public sector banks and financial institutions; Mohanty, Kapur, and Alamelu oversee public sector insurers.

Appointments under 2022 resolution

Appointments made under paragraph 5 of government resolution dated 1 July 2022.

No immediate response from ministry

Query sent to finance ministry for immediate response remained unanswered until press time.

At a glance

Finance ministry appoints former IAS officer Subhas Chandra Lal Das as part-time chairperson of FSIB for three years to oversee public sector banks and insurers.

Read the original on mint

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