HT reports a former top bank functionary of Jharkhand State Cooperative Bank was taken into custody for his involvement in the Rs.97 lakh scam in Majhgaon cooperative bank branch in Jharkhand.
Police say further investigation is underway in the scam. An FIR has been registered against former bank manager Gulshan Sinku.
The accused had indulged in irregularities in Kisan credit card , loan distribution and swindling of the bank’s money.