The NaMo administration, on Friday, announced the re-nomination of four Non-Official
Directors on the Board of Directors of banks as follows:-
The NaMo administration, on
Monday, cleared the appointment of three General Managers serving in Public
Sector Banks to the post of Executive Director. Accordingly;
The NaMo administration, on Wednesday, cleared the appointment of 10 MDs & CEOs of state-owned banks of which 05 are working as Deputy MD in SBIs. Those appointed to the posts are;
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.