Bank manager arrested for 'embezzlement' of funds in Malda

A branch manager of a nationalised bank was today arrested at Bamongola in Malda district on charge of misappropriation of funds.

A police officer said the branch manager Yasim Mondal was arrested on charge of using Rs 40 lakh money of clients in the share market for last two-three years.

Mondal was arrested on the basis of complaint filed by the bank's Chief Manager Asim Banjerjee at Bamungola police station yesterday, the officer said.

He was produced in a local court this afternoon and remanded to 14 days' jail custody.