Public Sector Banking Leadership Changes
As part of a broader November-December 2025 reshuffle in public sector banks (PSBs, including Navratna/Maharatna entities like State Bank of India and Punjab National Bank), Punjab National Bank (PNB) reported a ₹2,434 crore fraud case involving former SREI promoters, leading to internal aud
As part of a broader November-December 2025 reshuffle in public sector banks (PSBs, including Navratna/Maharatna entities like State Bank of India and Punjab National Bank), Punjab National Bank (PNB) reported a ₹2,434 crore fraud case involving former SREI promoters, leading to internal audits and potential executive postings reviews. This follows earlier CEO transitions in November, with whispers of further promotions to fill compliance roles ahead of 2026 fiscal audits.
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