Bank of Baroda Manager sent to Four Years Jail in Bribery Case
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The CBI Court in Lucknow, on 02.11.2026, has convicted and sentenced the accused Subodh Kumar Rastogi, the then Branch Manager, Bank of Baroda, Balrampur Branch, Balrampur, U.P., to Four Years Imprisonment with a fine of Rs.30,000, in a bribery case.
The Central Bureau of Investigation (CBI) registered the case on 26.10.2015 against Subodh Kumar Rastogi, the then Branch Manager, based on a complaint alleging that the complainant was sanctioned a loan of Rs 5 Lakh by the Bank of Baroda, Branch- Balrampur, District- Balrampur, UP, for expanding his business of Solar Lights but, while disbursing an amount of Rs.1,25,000 as Term Loan, the accused Subodh Kumar Rastogi, Branch Manager, obtained about Rs.25,000 from the complainant on the pretext of CA charges, Stamp Paper charges and file charges.
It was further alleged that subsequently the complainant had been disbursed an amount of Rs. 3,75,000 in his account as cash credit limit but the accused Subodh Kumar Rastogi, Branch Manager demanded a bribe of Rs 25,000 from the complainant by threatening to close the account in case of non-payment.
The CBI laid a trap and caught the accused Subodh Kumar Rastogi, the then Branch Manager red-handed while accepting the illegal gratification of Rs.10,000 from the complainant.
After completion of investigation, the CBI filed chargesheet against the accused Subodh Kumar on 18.12.2015. The Hon’ble Court, after the trial, convicted and sentenced the accused, accordingly.
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