Union Bank of India is under scrutiny for purchasing nearly two lakh copies of Krishnamurthy V Subramanian's book, 'India@100,' for ₹7.25 crore. The expenditure faced internal opposition, leading to a general manager's suspension and an investigation by KPMG. Employee unions are demanding further inquiry into potential impropriety and wasteful spending, questioning the benefits achieved and procedures followed.
from Banking/Finance-Industry-Economic Times https://ift.tt/0aP9w5G
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