Archive · 25 Jun 2025
CBI Investigates Bank of Baroda Ex-Branch Head For Fraud
Imagine a bank employee who was supposed to keep the bank safe.
This person is accused of doing some bad things like taking money from the bank and putting it in their own accounts.
They opened accounts without following the rules and moved money around without permission.
The CBI, a special police force, is now investigating this person.
They have searched the person's houses and found evidence that something wrong was done.
They are trying to figure out how much money was taken and where it went.
CBI has registered a case against the former branch head of Bank of Baroda in Uttar Pradesh.
Searches were conducted in Meerut, UP, and Bharuch, Gujarat, leading to recovery of incriminating documents.
The accused allegedly committed criminal misconduct involving cheating and misappropriation of funds.
Violations included bypassing bank guidelines and opening unauthorized accounts.
Over ₹3 crore was credited to the accused’s account and ₹4.91 crore to the wife's account.
- Who
- Former branch head of Bank of Baroda and the CBI.
- What
- CBI investigation into alleged fraud by Bank of Baroda branch head.
- When
- The alleged misconduct occurred between October 4, 2021, and February 6, 2024.
- Where
- Meerut, Uttar Pradesh, and Bharuch, Gujarat.
- Why
- To investigate allegations of cheating, misappropriation, and violations of banking protocols.
- Accused
- Former Bank of Baroda branch head
- Branches Involved
- Maswasi Town and Rahmatganj
- Location of Searches
- Meerut, Uttar Pradesh; Bharuch, Gujarat
- Alleged Misconduct
- Cheating, misappropriation of funds
- Funds in Accused's Account
- Over ₹3 crore
- Funds in Wife's Account
- ₹4.91 crore
