IMF, India, and a Rs 7.5 Cr Book Deal: Behind the Dismissal of K Subramanian

IMF, India, and a Rs 7.5 Cr Book Deal: Behind the Dismissal of K Subramanian

Krishnamurthy Subramanian Dismissed: To the best of my knowledge, this kind of termination has never happened in the history of India’s 80 years of ownership and membership of the World Bank and IMF, writes Subhash Chandra Garg.

congress leader seeks investigation over buying of 2 lakhs books of kv subramanian by union bank of india ann

Congress Leader Supriya Shrinate: Congress has demanded an inquiry into the purchase of two lakh copies of the book titled "India@100" written by KV Subramanian, India's former executive director at the International Monetary Fund (IMF) by Union Bank of India (UBI). Supriya Shrinate, president of the Congress Social Media and Digital Platform Department, said, "The Modi government abruptly terminated KV Subramanian's tenure as India's executive …

KPMG Investigates Union Bank’s Rs 7.25 Cr Book Order Amid Management Heat

NEW DELHI (India CSR): In a move that has sparked controversy and raised eyebrows, Union Bank of India, one of India’s leading public sector banks, is facing intense scrutiny over its decision to purchase nearly 200,000 copies of a book authored by former Chief Economic Adviser Krishnamurthy V Subramanian for a staggering Rs 7.25 crore. The bulk order, placed ahead of the book’s publication, has led to internal dissent, the suspension of a senio…

Union Bank's ₹7.25 cr book purchase faces heat amid Subramanian's IMF exit

Public sector lender Union Bank of India spent an estimated ₹7.25 crore to purchase nearly 200,000 copies of a book authored by former Chief Economic Adviser (CEA) Krishnamurthy V Subramanian, according to a report by sources. The report comes amid Subramanian's recent exit from his post as India’s executive director at the International Monetary Fund (IMF), six months ahead of schedule. According to sources, the bank’s central office ordered 18…

Union Bank faces heat for spending ₹7.25 crore to buy K.V. Subramanian's Book

The bank shelled out a staggering Rs 7.25 crore to pre-order ‘India@100’ in order to distribute to ‘customers/local schools/colleges/library, etc’