Pune: CBI arrests two officials of HDFC Bank in a bribery case

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Pune, 31 July 2020: The Central Bureau of Investigation (CBI) has arrested a Relationship Manager and a Rural Sales Executive, both working in HDFC Bank, Baramati Branch, in a bribery case of Rs two lakh.

A case was registered against Nitin Nikam, Relationship Manager, HDFC Bank, Baramati Branch, on a complaint. It was alleged that the Relationship Manager had demanded a bribe of Rs 2,70,000 from the complainant for the sanction and disbursement of a loan of Rs 99 lakh from HDFC Bank, Baramati Branch, to the complainant. It was further alleged that the bribe amount was later negotiated to Rs. 2.25 lakh. 

The accused sent his junior (Rural Sales Executive) to collect the bribe from the complainant. CBI laid a trap and caught the Rural Sales Executive, Ganesh Dhaiygude, red-handed while accepting the bribe of Rs two lakh from the complainant. The Relationship Manager was also arrested. 

Searches were conducted at the office and residential premises of accused at Baramati. Both the arrested accused will be produced today before the competent court at the District Court in Shivajinagar, Pune.

An official from HDFC Bank told Punekarnews.in, “As a responsible corporate, we have zero-tolerance toward any such deviations or acts by employees. Appropriate staff action will be initiated and we will support and co-operate with the authorities in their investigation.”