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Tag: Directs

  • Government Directs Banks to Report Concerns on Executive Conduct

    Government Directs Banks to Report Concerns on Executive Conduct

    Mumbai|New Delhi: India’s finance ministry has directed state-run banks and financial institutions to immediately report any adverse information concerning whole-time directors (WTDs) and board-level appointees, with instances of delayed disclosures raising governance concerns in the lending ecosystem. The advisory follows ET’s November 29 report that Ashwani Kumar, MD & CEO, UCO Bank, continues to remain…

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