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Bank Employees Association Write To Finance Minister On RBL Bank's Bad Debts
Posted
December 26, 2021
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8,436
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December 26, 2021
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3:19Now PlayingAll India Bank Employees Union has written to Finance Miniser Nirmala Sitharaman regarding concerns on RBL bank. The bank has a collected bad debt of Rs. 2600 Crores. The Managing Director of RBL, Vishwavir Ahuja has gone on immediate leave. The employees are concerned on the Bank's issues.
The bank's board has appointed Rajeev Ahuja, currently Executive Director, as the interim MD and CEO with immediate effect.
Vishwavir Ahuja, who was CEO of Bank of America in India for eight years until 2008, led the transformation of the 100-year old Ratnakar Bank by bringing in new investors and new management.
A precautionary measure has been set by RBI by appointing Yogesh Dayal as Additional Director.
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