Restore the powers of the bank MD, ED; cancel FIRs, says BoM union

Union members claimed that there was an attempt to target the BoM and tarnish its image.

The United Forum of Mahabank Unions, a group of all the employee badociations and unions of the Maharashtra Bank on Friday demanded that the functional powers of BoM's CEO, Ravindra Marathe, and the I & # 39; ED, RK Gupta, be reinstated and the names of the four bank officers removed from the FIR

. referring to the investigation of the state police in PSU banks,
as an overbreadth and a threat to the federal balance.

The union also criticizes the arrest of Marathe. The Forum plans to meet Jaitley and Maharashtra CM Devendra Fadnavis to urge them to rethink their decisions.

According to the forum organizers, Pune Police and the state government were not the right agencies to conduct surveys for lack of skills.

Union members claimed that there was an attempt to target the BoM and tarnish its image.

Marathe and Gupta were among the four arrested on June 21 for disbursing loans to the failed real estate company DSK Developer and its promoter DS Kulkarni. causing a loss to the bank.