E Vallavan is new Administrator of PSCB

Labour Commissioner E Vallavan has been appointed the new Administrator of Puducherry State Cooperative Bank (PSCB).

Lt Governor Kiran Bedi announced this in her twitter handle today, describing Vallavan, a senior Pondicherry Civil Services Officer, as 'a man of action and performance'.

Bedi, who recently paid a surprise visit to the bank to know what ails it, also said that the bank was back on the path of recovery.