Delhi High Court Revives Union Bank’s Debt Recovery Case, Slaps Rs 25,000 Fine for ‘Inordinate Delay’ Despite Bank’s Lackluster Pursuit

Asheesh to head Union Bank, Kalyan Kumar to lead Central Bank of India as government announces new MD appointments

The Indian government has appointed Asheesh Pandey as the Managing Director (MD) of Union Bank of India and Kalyan Kumar as the MD of Central Bank of India. These appointments were made to fill the vacancies at the top positions of these public sector banks. The...
Delhi High Court Revives Union Bank’s Debt Recovery Case, Slaps Rs 25,000 Fine for ‘Inordinate Delay’ Despite Bank’s Lackluster Pursuit

Asheesh Pandey and Kalyan Kumar have been appointed by the government as the new Managing Director of Union Bank and the head of Central Bank of India, respectively.

The Indian government has made two key appointments in the banking sector, naming Asheesh Pandey as the Managing Director (MD) and CEO of Union Bank of India, and Kalyan Kumar as the head of Central Bank of India. These appointments were approved by the Appointments...