Mr. Jaitely said the government has also professionalised the recruitments of top positions in the banks.
"It no longer depends on discretions of individuals. It is becoming more systematic," he said.
The minister said the government is making all efforts to give a final shape to the Banking Bureau so that all other personnel-related decision with regards to the banks can also be professionalised.
Among others, the government owns over 59 per cent stake in largest public sector lender SBI, while it has 76.5 per cent stake in IDBI Bank.
In Punjab National Bank also, the government stake is in excess of 59 per cent, while it has nearly 64.5 per cent equity in Canara Bank.
In Bank of Baroda, the government holding is 57.5 per cent, in Allahabad Bank it has over 60 per cent, 61 per cent in Andhra Bank, 64.4 per cent in Bank of India and 81.5 per cent in Central Bank of India
When a student weighing 45 kgs left a class, the average weight of the remaining 59 students increased by 200g. What is the average weight of the remaining 59 students