In Ludhiana, Punjab, a bank’s Collection Manager faces arrest for allegedly accepting a bribe of forty thousand rupees. Ravinder Kumar, a local shop owner, claimed that despite repaying his loan, the manager demanded a bribe to close the loan account.
Ravinder Kumar, who runs ‘Silver Mode Fashion’ on Pakhowal Road, had taken a ₹13.32 lakhs loan under the RBI’s Grand Emergency Credit Line (GECL) scheme in September 2020. After repaying the loan diligently, he approached the manager to close the account. Despite settling the entire amount, Kumar alleged that the loan account remained open. Frustrated, he confronted the manager, who reportedly asked for a bribe to close the account.
Responding to Kumar’s complaint, the Vigilance Department initiated an investigation. The Vigilance team arrested the bank’s Collection Manager during a trap, catching him accepting the bribe at Kumar’s shop. Vigilance authorities emphasized that the manager, being a bank employee, falls under the Prevention of Corruption Act 1946, making him liable for corruption charges.
This arrest aims to address corruption within the banking sector and ensure the integrity of public service. Further legal actions will follow as the investigation progresses.
