SBI HAS NEW MANAGING DIRECTORS

HIGHLIGHTS

• In OCT 2020, the BBB recommended the names for the two posts of MDs at the SBI.
• Now Aswini Kumar Tewari and Swaminathan Janakiraman have been appointed as MDs.
• The term of both appointments is of three years each.

CONSULTANTS TO CHECK FRAUD SURROUNDING COVID-19 RESCUE LOANS

HIGHLIGHTS

• The BBB wants to examine the recipients of its emergency loans amid the COVID-19 lockdown. 
• Professionals from RSM and KPMG have been hired by the bank to investigate the loans and uncover cases of fraud.
• Some firms receivin...

KNOW ABOUT ASHWINI BHATIA, THE NEXT SBI MD RECOMMENDED BY BANKS BOARD BUREAU

Highlights

• Along with Ashwini Bhatia for SBI, MV Rao and PP Sengupta are also recommended by the BBB for the post of MD at the Central Bank of India and Indian Overseas Bank

• According to the official statement, BBB had interactions with 20 contenders from various...