**Summary:**
This document presents information provided to the Lok Sabha on August 4, 2025, regarding the composition of Boards of Directors in Nationalised Banks, the Life Insurance Corporation (LIC), and Public Sector General Insurance Companies. The data addresses the number of directors, their categorization by Scheduled Caste (SC), Scheduled Tribe (ST), and Minority communities, gender distribution, and the number of Chairpersons/CEOs across these categories.
Key data points include:
* **Nationalised Banks:** A total of 98 directors, including 6 from SC, 1 from ST, and 1 from Minority communities, with a gender distribution of 86 males and 12 females. There are 9 Managing Director and Chief Executive Officers.
* **LIC:** A total of 13 directors, including 1 from SC, 2 from ST, and 1 from Minority communities, with a gender distribution of 12 males and 1 female. There is 1 Chief Executive Officer.
* **Public Sector General Insurance Companies:** A total of 48 directors, including 5 from SC, 3 from ST, with a gender distribution of 30 males and 18 females. There are 6 Chairman cum Managing Directors/Chairman and Managing Directors, including 1 from SC and 3 from Minority communities.
The information was presented in response to Lok Sabha Unstarred Question No. 2469, answered by the Minister of State in the Ministry of Finance, Shri Pankaj Chaudhary.
Key Entities Referenced
MINISTRY OF FINANCE: A department of the Government of India responsible for financial matters.
DEPARTMENT OF FINANCIAL SERVICES: A department under the MINISTRY OF FINANCE.
LOK SABHA: The lower house of the Parliament of India.
SHRI S VENKATESAN: Member of Parliament who raised the question.
Nationalised banks: Banks in India that are owned by the government.
LIC: Life Insurance Corporation of India.
Public Sector General Insurance Companies: General Insurance companies in India that are owned by the government.
SHRI PANKAJ CHAUDHARY: The Minister of State in the MINISTRY OF FINANCE who provided the answer to the question.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF FINANCIAL SERVICES
LOK SABHA
UNSTARRED QUESTTON NO. 2469
ANSWERED ON 04thAUGUST,2025 (MONDAY) / SRAVANA 13,1947 (SAKA)
BOARD OF DIRECTORS IN NATIONALISED BANKS AND LIC
2469. SHRI S VENKATESAN:
Will the Minister of FINANCE be pleased to state:
(a)
the total number of board of directors in Nationalised banks, LIC and Public
Sector General Insurance Companies and out of them the number of SC, ST and
Minorities community, category-wise;
(b)
the details of gender break-up of board of directors in the Nationalised banks,
LIC and Public Sector General Insurance Companies, instihrtion-wise; and
(c)
the number of Chairperson/CEos in Nationalised bar*s, LIC and Public Sector
General Insurance Companies, SC, ST, minorities and gender-wise?
ANSWER
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI PANKAJ CHAUDHARY)
(a) to (c): Information in respect of Board of Directors in Nationalised Banks is at
Annexure - I and in respect of Board of Directors in LIC and Public Sector General
Insurance Companies is at Annexure - II.ANNEXURE _ I
Board of Directors in Nationalised Ilanks
Total number of Board Category Gender
of Directors SC ST MinoriQ Male Female
98 6 I I 86 t2
Total number of Category Gender
Managing Director and SC ST Minoritv Male Female
Chief Executive Officers
9 9ANNEXURE- - II
Board of Directors in LIC and Public Sector General Insurance Companies
LIC
Total number of Board Category Gender
of Directors SC ST Minoritv Male Female
l3 t2
I I
Total number of Chief Category Gender
Executive Officer & SC ST Minority Male Female
Managing Directors
I I
Public Sector General Insurance Companies
Total number of Board Category Gender
of Directors SC ST Minority Male Female
48 5 30 t8
Total number of Category Gender
Chairman cum SC ST Minority Male Female
Managing Directors /
Chairman and
Managing Directors
6 I 3 3