BREAKING NEWS

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

VISITOR FROM WORLD

Free counters!

YOU ARE VISITOR

Blog Archive

LIVE

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Thursday, March 29, 2018

Fake branch of Karnataka Bank found operating in UP's Ballia

A fake branch of Karnataka BankBSE -3.80 % was unearthed in Mulayam Nagar locality of Fefna area of Ballia district on Wednesday. 

The Ballia police arrested Aafaq Ahmed of Badayu district, who was operating this branch as manager by mentioning his name as Vinod Kumar Kambali. Police recovered Rs 1.37 lakh collected by Ahmed by opening 15 saving accounts and fix deposits of local people. Besides, huge stationary including forms, pass books, three computers, laptop, furniture and and other articles were also seized. 


According to CO City Hitendra Krishna, an additional general manager of Bank of Karnataka BBH Upadhyaya along with his subordinates from Varanasi office reached Ballia in afternoon and reported the police about operation of a fake branch of his bank. The CO along with bank officials and heavy police force raided Mulayam Nagar where such branch was found running in a portion of an ex-serviceman. 

When police reached there Ahmed was sitting inside his chamber while five other employees were found working on computers at different tables. In presence of police Upadhyaya sought Ahmed’s appointment letter, RBI’s license and authorization documents of bank’s headquarters. When he failed to produce the cops arrest him. Other staff, who were local natives and recruited by keeping them in dark against the payment of Rs 5000 each, were spared after recording their statement. 

When police started checking the documents and belongings of Ahmed it came to light that he had opened this branch a month back. He had not paid rent to the house owner. The payment against purchase of furniture had also not been made by him. He had disclosed his identity as Vinod Kumar Kambali of Mumbai west, which was also mentioned on his fake Adhar and identity cards. 
Krishna said that an FIR was lodged under section 419, 420, 467, 468 and 471 of IPC and Ahmed had been arrested. 
 

No comments:

Top 10 largest banks in the world in 2024

Have you ever wondered which is the largest bank in India? Today, in this article, we will tell you about the top 10 largest banks in the wo...

script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">