Thursday, February 19, 2026

Punjab VB nabs IDFC financial institution official for taking bribe of Rs.40,000

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CHANDIGARH: Aiming to curb the menace of corruption within the state, the Punjab Vigilance Bureau (VB) on Tuesday arrested Bikramjit Singh, a Assortment Manger, of IDFC Financial institution, at Feroze Gandhi Market, Ludhiana for demanding and accepting a bribe of Rs 40, 000.

Disclosing this right here at present an official spokesperson of the state VB stated this case has been registered in opposition to the above talked about worker of a personal financial institution on a criticism lodged by Ravinder Kumar, a resident of Sarabha Nagar, Ludhiana.

He additional added that the complainant has approached the VB vary Ludhiana and recorded his assertion that he’s working a readymade clothes store named Silver Mod Fashions at Pakhowal highway, Ludhiana. The complainant had taken a mortgage of Rs 13, 32, 379 for 4 years on 30.9.20 from the above stated IDFC Financial institution below Grand Emergency Credit score Line (GECL) scheme of RBI. He approached the stated assortment supervisor to shut his mortgage account by clearing all remaining quantity/instalments. After discussions he repaid all of the mortgage quantity however his mortgage account was not closed. When he met the stated Assortment Supervisor on this regard, he demanded Rs 40, 000 as a bribe for getting the mortgage account closed from senior officers of the financial institution.

The spokesperson additional knowledgeable that for the reason that accused Assortment Supervisor is a financial institution official and as per part 46-A of Banking Regulation Act 1946, he’s deemed to be a public servant below prevention of corruption act. After a preliminary investigation of this criticism, the VB vary Ludhiana laid a lure and the accused financial institution official has been arrested whereas accepting a bribe of Rs 40, 000 from the complainant in his store within the presence of two official witnesses. On this regard a case below prevention of corruption act has been registered at VB police station Ludhiana vary in opposition to the accused Assortment Manger Bikramjit Singh. Additional investigation is below progress and the accused could be produced within the competent court docket tomorrow, he added.

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