Canara Bank, Punjab National Bank, Union Bank of India and Punjab & Sind Bank are the four banks where Non-executive Chairman has been appointed on their Boards. The approval is given by the Appointments Committee of the Cabinet (ACC). 

• Vijay Srirangam has been appointed as part-time Non-Official Director as well as Non-Executive Chairman of Canara Bank for three years,
• K G Ananthakrishnan has been appointed as part-time Non-Official Director as well as Non-Executive Chairman of Punjab National Bank for a term of three years.
• Srinivasan Varadarajan has been appointed as part-time Non-Official Director as well as Non-Executive Chairman of Union Bank of India for a term of three years, according to an order issued by the Department of Personnel & Training.
• The Centre has also appointed Charan Singh as a part-time Non-Official Director as well as Non-Executive Chairman of Punjab & Sind Bank for a term of two years.