Live
- ‘Jathara’ movie review: A rural revenge saga wrapped in tradition
- PM Modi’s ‘Bharat 6G Vision’ poised to get another booster
- Social media doing harm to youngsters, calling time on it: Australian PM Albanese
- Gut microbiome changes may signal onset of rheumatoid arthritis
- Caste census, a historic benchmark in country: MLA Prakash
- Siddharth and Ashika Ranganath’s ‘Miss You’ Set for November 29 Release
- Cops return kidnapped woman within 24 hours
- IT Min lays foundation stone for Co-operative Central Bank building
- Abhishek Bachchan and Aishwarya Rai Divorce Rumors: Family Denies Affair with Nimrat Kaur
- MLA Naini Rajender lauds Comprehensive Family Survey
Hyderabad: SBI manager arrested
The Detective Department (DD) of Hyderabad police on Tuesday arrested a bank manager, J Deepak of SBI, Red Hills branch for allegedly sanctioning loans in tune of Rs 1.75 crore to ineligible people
Hyderabad: The Detective Department (DD) of Hyderabad police on Tuesday arrested a bank manager, J Deepak of SBI, Red Hills branch for allegedly sanctioning loans in tune of Rs 1.75 crore to ineligible people. According to DD officials, they received a complaint from the bank officials that the said bank manager has been committing fraud by sanctioning loans to ineligible people.
Based on the complaint, the DD started investigation and found that, Deepak had opened 130 OD/Xpress Credit accounts and sanctioned loans to people who were unfit for repaying the loan amount. The intentions of bank manager were clear that he colluded with the people whom he sanctioned loans and availed benefits leading to a loss of Rs 1.75 crore to the bank. Henceforth, he was arrested and the matter is being investigated, said the officials of DD
