The Finance Ministry has appointed non-executive chairpersons at Punjab and Sindh Bank, Dena Bank and Central Bank of India, as part of its agenda to reform Public Sector Banks (PSBs) as these have been plagued by mounting bad loans and massive losses apart from several scams. On recommendation of Banks Board Bureau (BBB), the government appointed Charan Singh, Anjali Bansal, and Tapan Ray as non executive chairperson of Punjab & Sind Bank, Dena Bank and Central Bank of India, respectively. Reportedly top level changes are expected soon at several other PSBs, including Allahabad Bank. Last year, the government rejigged the top management of PNB, Bank of India, Indian Bank and IDBI Bank.