SBI sales executive held in bribery case

SBI sales executive held in bribery case

Amravati Maharashtra India January 15 ANI The Central Bureau of Investigation CBI arrested a sales executive of State Bank of India in Amravati Maharashtra and his accomplice in a Rs 20,000 bribery case.

A case was registered against Home Loan Sales Executive, SBI CAP Securities, Home Loan Division of SBI, Amravati and an accomplice allegedly working with ICICI Bank, Gadge Nagar Branch, Amravati in the capacity of a private person on the allegations of bribe of Rs 20,000, according to a press release issued by the investigating agency.

The case was registered against bank officials for the processing and sanctioning of top-up loans on the transfer of the Home Loan Account from Equitas Small Finance Bank, Amravati to SBI.

The complainant was given a housing loan of 12 lakh approx from Equitas Small Finance Bank Amravati and approached the said accomplice for the transfer of the loan account to the ICICI Bank Gadge Branch.

He told the complainant to transfer the loan account to SBI Camp Branch instead of ICICI Bank. The complainant applied for loan, as well as for top-up loan from SBI.

It was also alleged that the accused arranged the transfer of a home loan account and released a top-up loan.

The accused allegedly visited the complainant's house and sought illegal gratification of Rs 20,000 from the complainant for the said favour to him, the agency stated.

The accused were caught by the CBI while demanding and accepting a bribe of 10,000 from the complainant as part of the payment. Searches were conducted on the premises of the accused.