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Mumbai police detain bank manager over ₹122 crore embezzlement allegation, causing customer panic.
Mumbai police have detained Hitesh Mehta, the General Manager of New India Cooperative Bank, over alleged embezzlement of ₹122 crore.
An FIR was filed by the bank’s Acting CEO, and the case has been transferred to the Economic Offences Wing for investigation.
The Reserve Bank of India has imposed restrictions on the bank, limiting withdrawals and superseding the bank's board, appointing an administrator to manage its affairs.
This has sparked panic among the bank's customers.
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La policía de Mumbai detiene al gerente del banco por más de 122 millones de dólares en acusaciones de malversación de fondos, causando pánico al cliente.