Indianmandarins
has reliably learnt that Ms Usha Ananthasubramanian, former Allahabad Bank MD
and CEO, could be removed from service w.e.f August 13.
The Finance Ministry had, in May 2018, asked the boards
of PNB & Allahabad Bank to initiate stringent action against two EDs and Ms
Ananthasubramanian respectively. Following the directive the ministry she divested
of all powers in May. She was the CMD of PNB till May 2017.
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By IndianMandarins - 2018-08-12 00:01:40
Indianmandarins
has reliably learnt that Ms Usha Ananthasubramanian, former Allahabad Bank MD
and CEO, could be removed from service w.e.f August 13.
The Finance Ministry had, in May 2018, asked the boards of PNB & Allahabad Bank to initiate stringent action against two EDs and Ms Ananthasubramanian respectively. Following the directive the ministry she divested of all powers in May. She was the CMD of PNB till May 2017.
