A special Central Bureau of Investigation (CBI) court in Mumbai on Monday granted anticipatory bail to former Managing Director (MD) and Chief Executive Officer (CEO) of the Allahabad Bank, Usha Ananthasubramanian, on a surety bond of Rs 1 lakh in multi-crore Punjab National Bank (PNB) scam.

Ananthasubramanian was the MD of PNB between August 2015 and May 2017, and also served its executive director. On August 13, she was removed as MD and CEO of the Allahabad Bank. Last week the Centre gave sanction to CBI for her prosecution.