Government cracks whip, asks Allahabad Bank board to divest CEO Usha Ananthasubramanian of all powers

Cracking the whip, the government today asked the board of Allahabad Bank to take away all the powers of its CEO and MD Usha Ananthasubramanian, former chief of Punjab National Bank, in connection with the USD 2 billion fraud in PNB.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2L2BFWS