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A senior manager from UCO Bank had demanded Rs15,000 as bribe for sanctioning subsidy of Rs5 lakh as per the state government norms on a loan of Rs17 lakh
Patna: The CEntral Bureau of Investigation (CBI) has arrested an official from UCO Bank for taking bribe of Rs15,000 from a person in Bihar's Munger district, reports PTI quoting sources.
Acting on a complaint, the CBI sleuths laid a trap and caught the UCO bank senior manager RN Prasad red-handed as he took the bribe amount at this office in Munger town, CBI Additional Superintendent of Police (ASP) JN Mishra said.
The bank official had demanded the money for sanctioning subsidy of Rs5 lakh as per the state government norms on a loan of Rs17 lakh granted to one Gautam Singh, he said.
Singh had subsequently lodged a complaint with the CBI and the agency laid a trap and caught the bank official red-handed while taking the bribe, the CBI ASP said.
Government is aiming to bring down number of cheque-based transactions by at least 20%...