Arrest of BoM brass: Bankers on the warpath, may meet govt on witch-hunt

Sources said bankers held discussions with Devendra Fadnavis late Friday night about the arrest of BoM executives

Bankers have decided to unite and fight back against “arbitrary arrests” and “harassment” by probe agencies, in a move that comes against the backdrop of the arrest of the CEO and other senior executives of state-run Bank of Maharashtra.

In an hour-long meeting on Friday, the Indian Banks’ Association (IBA), the apex banking lobby, decided to meet senior government officials next week and present its case. V G Kannan, CEO of the IBA, said the association would provide legal assistance to the embattled bankers even after their retirement.

Bankers suggested that the association set up an independent committee comprising senior