 "Police arrest four in Bank of Baroda money laundering probe")
The Enforcement Directorate has arrested four people in a case of suspected money laundering through a branch of state-run Bank of Baroda , it said on Tuesday.
None of the four is an employee of the bank.
Read more from our special coverage on "BANK OF BARODA FOREX SCAM"
Bank of Baroda, the second-biggest Indian state-run lender, said on Monday it had suspended two senior executives at one of its branches in New Delhi as part of the same probe.
The four people arrested are described by the agency responsible for fighting financial crimes as coordinators or middle men.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app