NEWS & ADVICE : EDUCATION LOANS
Executive of SBI asked to go on leave during probe of bribery case
By Neelima Shankar
Nov 27, 2013
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Shyamal Acharya, one of the bank's deputy managing director of State Bank of India has been asked to take leave due to the current investigation going on a bribery case which is being investigated by the CBI.

As per a statement made by The Central Bureau of Investigation (CBI) on Monday, they stated that they have received documents which are incriminating during the searches made. The documents have been sent for further investigation. SBI which is the biggest bank of the nation and is run by the state, stated that there will also be an internal investigation with the help of a committee formed by two of its managing directors.

A representative for Worlds Window Group denied the organization paid a payoff to anyone and said it was looking for lawful exhortation. 30 biggest defaults at Indian banks are being scrutinized by the CBI as per Indian authorities for any proof that borrowers conspired with investors for individual addition


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