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Two HDFC Bank officials sentenced to 3 years in prison

On July 30, 2020, the CBI filed a case against Nikam. He was accused of demanding a bribe of ₹2.70 lakh from the complainant in exchange for the sanction and disbursement of a loan of ₹99 lakh

Published on: Feb 10, 2023 10:20 PM IST
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The CBI set a trap and caught the rural sales executive red-handed while accepting a  ₹2 lakh bribe from the complainant. (REPRESENTATIVE PIC)
The CBI set a trap and caught the rural sales executive red-handed while accepting a ₹2 lakh bribe from the complainant. (REPRESENTATIVE PIC)

In a bribery case involving two HDFC bank officials, the Special Judge, CBI cases, Pune (Maharashtra) sentenced culprits Nitin Nikam and Ganesh Dhaiygude to serve three years of rigorous imprisonment.

Furthermore, the court fined Nikam, the then Relationship Manager, HDFC Bank, Baramati branch, 60,000, and Dhaiygude, the then Rural Sales Executive, HDFC Bank, Jalochi, 10,000.

On July 30, 2020, the CBI filed a case against Nikam. He was accused of demanding a bribe of 2.70 lakh from the complainant in exchange for the sanction and disbursement of a loan of 99 lakh to the complainant from HDFC Bank’s Baramati branch.

Later, the bribe was negotiated to 2.25 lakh, with an initial payment of 2 lakh. Nikam dispatched his subordinate Dhaiygude to collect the bribe from the complainant.

The CBI set a trap and caught the rural sales executive red-handed while accepting a 2 lakh bribe from the complainant.

 
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