Cheating case against IndusInd Bank Manager


indusind-bankHyderabad: A criminal case has been registered against the manager of IndusInd Bank, Chaitanya, for allegedly swindling Rs. 42 lakh by issuing fake Fixed Deposit Receipts to the customers.

Satyanarayana, who has taken charge as the Bank Manager recently, found out the irregularities in the FDRs. He lodged a complaint with the police.  Srinivas Reddy, one of the depositors, said that the Bank Manager had cheated them and swindled their hard-earned money.

The depositors staged dharna before the Bank branch demanding refund of their deposits. They also demanded sterna action against the manager who cheated them.