After the name was found in the scam involving more than Rs 13,000 crore in Punjab National Bank, Allahabad Bank MD and CEO Usha Ananthasubramanian has fallen short. The board of the bank has withdrawn all rights from them. This action has been done by the bank on the order of the Finance Ministry, in which it was instructed to abolish all its rights.
Published On : 17 May 2018