HomeNewsAppoinment/ResignsT M Bhasin as Chairman of Advisory Board for Banking Frauds

T M Bhasin as Chairman of Advisory Board for Banking Frauds

T M Bhasin as Chairman of Advisory Board for Banking Frauds

The Central Vigilance Commission (CVC) has announced to re-appoint T M Bhasin as chairman of the Advisory Board for Banking and Financial Frauds (ABBFF). a panel was formed to examine bank frauds of over Rs 50 crore and recommend action.

  • His appointment will come into effect from 21st August 2021 and will serve as chairman of the Advisory Board for Banking and Financial Frauds (ABBFF) for a period of two years.

Who is T M Bhasin

  • He is a veteran banker.
  • he has served as vigilance commissioner in the CVC for four years between June 2015 and June 2019.
  • he was also served as the chairman and managing director of Chennai-based Indian Bank for more than five years.

Advisory Board for Banking Frauds Members

  • Madhusudan Prasad – former secretary of Ministry of Urban Development
  • D K Pathak – former director-general (DG) of BSF
  • David Rasquinha – former managing director (MD) of EXIM Bank

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