Bank of Maharashtra CEO Ravindra Marathe loses all powers
The Bank of Maharashtra board on Friday stripped the bank's MD and CEO Ravindra Marathe and Executive Director RK Gupta of all functional responsibilities with immediate effect. This comes after Marathe and Gupta were arrested in the â¹2,043-crore DSK Group loan fraud case. The other executive director AC Rout has been given the charge of the bank's CEO.