The two PNB executives and Ananthasubramanian did not respond to multiple calls and messages seeking comment, while Allahabad Bank was not reachable for comment.
The central government owns controlling stakes in state-run lenders including Allahabad Bank and PNB. The sources confirmed to PTI that the Allahabad Bank board is likely to meet in a day or two. In a statement to the stock exchanges, Allahabad Bank said the RBI has advised it of certain additional actions, which are restriction in expansion of loans, reduction in exposure to un-rated and high-risk advances, and to restrict creation of non-banking assets. Filed in a special Mumbai court, the chargesheet also names several other top officials of the bank.
The chargesheet filed on Monday is based on CBI's FIR registered on January 31 against Nirav Modi, his wife Ami, brother Nishal, and uncle Choksi, among others.
Kumar said there is a set process for the removal and dismissal of directors from the board of a bank.
Apart from Ananthasubramanian, the government has also initiated the removal of 3 board level officers and 2 ED officers of PNB, Kumar said. Disciplinary actions were initiated under Section 8 of Bank Nationalisation Act and we will take strong action if wrongdoing is found against management of banks. "One notice was issued 10 days back".
The agency also made it clear that the naming of Ananthasubramanian in the charge sheet does not mean that her predecessors have been given clean chit as the investigation is going on, they said.
When asked about action against two MDs named in the FIR related to loans given to Aircel by IDBI Bank, he said, "You can not take action only on hearsay".
When asked about action against two MDs named in the FIR related to loans given to Aircel by IDBI Bank, he said, "I would like to make it clear that you can not take action only on hearsay".
CBI Spokesperson Abhishek Dayal said that the CBI has searched 42 premises, arrested 15 persons and questioned 80 witnesses in the case.
Assam in turmoil over Citizenship Amendment Bill
One day before the JPC visited Shillong on May 9, the Conrad Sangma government in Meghalaya unanimously chose to oppose the Bill. Now the state Congress is saying something and the district units and their leaders in Barak Valley are saying something else.
Margot Kidder, Lois Lane in Superman, Dies at 69
She had been diagnosed with bipolar disorder eight years before police escorted her to Olive View Medical Center in Los Angeles. She also acted in theatrical productions, most notably appearing on Broadway in a 2002 production of The Vagina Monologues .
More than 100 protestors rally at Capitol, block traffic
The group says a "sweeping" overhaul of the country's voting rights laws is needed, as well as public policies around poverty. The campaign cast the protests as a "reignition" of the Poor People's Campaign , the 1968 movement started by the Rev.
Jamie Nye: Winnipeg Jets now the favourite?
The Jets opened the third period on a power play after Blake Wheeler was tripped with two seconds left in the second period. It was a massive insurance goal for the Golden Knights, and it essentially slam the door shut right in Winnipeg's face.
Two dead after light aircraft crashes in Offaly
Update 22.24pm: Gardaí have confirmed that a man and a seven-year-old boy have died following a plane crash in County Offaly. It was located a number of kilometres from the airfield in bogland and a rescue and recovery operation is now underway.