Allahabad Bank CEO to be axed for involvement in PNB fraud case3 min read . Updated: 15 May 2018, 12:57 AM IST
In the CBI chargesheet on the PNB fraud case, Allahabad Bank CEO Usha Ananthasubramanian has been accused of causing wrongful gains to Nirav Modi companies
New Delhi/Mumbai: The government on Monday initiated the process of removing top bankers, including Allahabad Bank managing director Usha Ananthasubramanian and two executive directors of Punjab National Bank (PNB), charged by the Central Bureau of Investigation (CBI) in the Rs12,636-crore fraud involving jewellers Nirav Modi and Mehul Choksi.
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