Public Sector
Banks take Action against Various Officers/Employees for Violation of Banking
Norms and Regulations
In
connection with Cobrapost, Red Spider 2 Expose which was released yesterday,
Shri Rajiv Takru, Secretary, Department of Financial Services (DFS), Ministry
of Finance had asked the Chairman cum Managing Directors (CMDs) of various
Public Sector Banks (PSBs) and Life Insurance Corporation (LIC) of India for an
immediate action in the matter.
Beside
above, the Secretary, DFS had also sought compliance and action taken report on
utmost priority. As a result, certain PSBs have already taken action and in
some cases, the work is still in progress.
So
far, fifteen (15) officers/employees of various Public Sector Banks have been
suspended including one from insurance sector. Beside it, ten (10) officers of
PSBs have been divested of their work and six (6) have been asked to proceed on
leave. More action taken reports are expected in near future.
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