Archana Bhargava, the ED of Canara Bank, is likely to be moved to Bank of Maharashtra as the bank’s second ED, so says the rumour mill. She rose to the rank of GM at PNB before joining Canara Bank as ED in March 2011. According to the banking sector, earlier she was to be promoted to one of the small-sized PSU banks as CMD, but now there appears to be some kind of rethinking. Meanwhile, the government is yet to appoint a CMD at Canara Bank after S Raman retired in September 2012.
ET
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