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Another bank director held
Hyderabad: One of the directors of the city-based Vasundara Co-operative Bank, B. Dayanand, has been arrested by the sleuths belonging to the Central Crime Station, Hyderabad, here on Friday for obtaining loans from the bank by submitting fake securities.
In a press release, the Hyderabad city police said the Vasundara Director had obtained Rs 5.6 lakh with fake securities. After the police registering case against the offender under Section 406, 409 and 420, he was remanded to judicial custody.
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Vineeta Rai is new Revenue Secy
New Delhi: Vineeta Rai, a 1968 batch IAS officer, has been appointed as the next Revenue Secretary. Rai will take over from the current Revenue Secretary, C.S. Rao, who retires at the end of the month, an official release said. Rai is currently Secretary Banking and Insurance and will hold additional charge of the department till further orders.
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domain-B : Indian business : News Review : 24 May 2003 : people