PSU Bank CEOs To Face Penal Action in Failure of Checking NPA Frauds
by Tough task for CEOs & MD of Public Sector Banks, finance Ministry has given warning to all CEOs of public sector banks (PSBs) either to check all non-performing assets (NPA) accounts exceeding ₹50 crore for fraud or they could face criminal conspiracy charges. This is an extra precaution to keep bankers from getting into legal tangles. […]