Indian Banks’ Association denounces series of chargesheets and arrests of bankers; cries foul play

Bank of Maharashtra CEO Ravindra Marathe, executive director Rajendra Gupta and former CEO Sushil Muhnot and two bank officials have been arrested by Maharashtra Police’s Pune Economic Offences Wing. The Indian Banks’ Association (IBA), a representative body of management of banking in India, has condemned the spate of chargesheets