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SBI's MD B Sriram appointed MD & CEO of IDBI Bank for a temporary period of 3 months

SBI's MD B Sriram appointed MD & CEO of IDBI Bank for a temporary period of 3 months

State Bank of India's Managing Director B Sriram was today appointed as the MD and CEO of IDBI Bank for a temporary period of three months, according to an official order.

What led to huge PNB fraud and how few rogue employees escaped detection
What led to huge PNB fraud and how few rogue employees escaped detection

A $2 billion fraud at India's Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the bank's own internal probe has found.

Horoscope: By Peter Vidal

Today ( 21 Jun )This Week ( 17 Jun - 23 Jun )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more