RBL Bank Employee conducted Rs 19 crore fraud in Govt University Account

In a shocking turn of events, a new revelation has emerged in the case involving a whopping Rs 19.48 crore being deposited into the personal account. The Bhopal’s Rajiv Gandhi Technological University (RGPV) had issued a check to open a Flexi Fixed Deposit (FFD) account in RBL Bank, but instead, the check was deposited by Kumar Mayank, a task head at RBL Bank, into his personal account at Axis Bank. What’s even more alarming is that Kumar Mayank had also provided fake account statements to RGPV officials.

Vikas Verma, the Manager of Arera Colony Branch of RBL Bank, made this disclosure in his statements given at Habibganj police station on February 9th. Verma not only revealed this information but also demanded action from the police against the accused, Kumar Mayank.