Business Standard

IDBI officer held for accepting Rs 40k bribe for loan sanction

Image

Press Trust of India Indore
An IDBI Bank officer was held today by Lokayukta Police for allegedly accepting a bribe of Rs 40,000 for sanctioning a loan in Madhya Pradesh's Barwani district.
Vikas Patidar (30), Regional Sales Manager, was caught when he was allegedly accepting the money from complainant in his car, said Lokayukta Superintendent of Police Dilip Soni.
The complainant had sought a loan of Rs 7 lakh for opening a general store under a state government scheme, he said.
Patidar has been booked under Prevention of Corruption Act and further investigation is on, Soni added.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 29 2018 | 10:35 PM IST

Explore News