04 July,2019 02:44 PM IST | Muzaffarnagar | PTI
Representational Picture
Muzaffarnagar: An SBI branch manager and four others have been booked for allegedly swindling crores of rupees from customers' accounts in Muzaffarnagar district of Uttar Pradesh. An FIR was lodged in this connection by the bank's regional manager, Mukesh Kumar, on Wednesday, Station House Officer Jitender said. The police was investigating the matter.
The SHO said that the accused are Kakrauli Branch Manager Chander Mohan Sharma, Field Officer Rakesh Sharma, Cashiers Virbahadur and Ravinder Dayal, and canteen contractor Manoj Kumar. The bank suspended four of its officials involved in the case last week.
The alleged fraud surfaced after many account holders, most of them farmers, staged a demonstration claiming that money was withdrawn from their accounts using fake vouchers.
The SBI has replaced entire staff members of the branch concerned and formed a team comprising the bank officials to verify the charges.
ALSO READ
SBI report: Trump’s Influence on Indian Rupee expected to be temporary
6% revenue growth for Indian companies in FY24, wage growth slows: SBI Report
Inflation decline sharper in high-income states, according to SBI report
Rate cut unlikely in February, inflation expected to ease in January
India's GDP growth to reach 6.5% in Q2 FY25, with full-year growth nearing 7%
Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates