BANKING AFFAIRS

Detailed explanation-1: -CBI alleges that key PNB bank officials, led by then CEO Ananthasubramanian, failed to initiate steps that could have prevented the $2-billion fraud at the lender after the banking watchdog RBI had red-flagged likely gaps in systems controls.

Detailed explanation-2: -MS BHARATHI IS MD & CEO, ALLAHABAD BANK.

Detailed explanation-3: -Ramachandran (Executive Director) He has taken charge as Executive Director of Allahabad Bank with effect from 26th December 2018.

Detailed explanation-4: -Goel boasts of three decades of professional banking experience in UCO Bank, Union Bank of India and Indian Bank and has expertise in Treasury Management, Risk Management, as well as Financial Planning.