In a rare move, the Reserve Bank of India (RBI) has raised concerns about Asheesh Pandey’s conduct as an executive director at Bank of Maharashtra, influencing his candidacy for MD & CEO at Indian Bank. The RBI highlighted issues related to regulatory compliance during a 2023 exit meeting. Despite being shortlisted, Pandey’s final approval hinges on the Appointments Committee of the Cabinet (ACC), which includes the Prime Minister and Home Minister. The decision awaits responses from the finance ministry and Department of Personnel and Training (DoPT) following RBI’s communication.
Deepak Nitrite, MRF among 5 stocks to be removed from NSE’s F&O segment from June series
NSE announced the exclusion of five stocks: Apollo Tyres, Deepak Nitrite, Escorts Kubota, MRF, and Ramco Cements from the F&O segment starting June. This follows