Overview

• Union Bank’s regulatory exchange filing stated that the Centre’s June 24 order cancelled Dwivedi’s Executive Director appointment with immediate effect.
• He has been directed to resume his previous post as general manager at Punjab & Sind Bank, where he served before March 2024.
• His March 27, 2024 appointment was meant to span three years; it proceeded without mandatory Central Vigilance Commission clearance.
• A public interest litigation filed in August 2024 challenged the posting over a 2018 sexual harassment chargesheet.
• The Delhi High Court had flagged procedural lapses and transparency concerns in his elevation during ongoing legal scrutiny.