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How did farmers’ FDs vanish from PNB branch?

At least 16 farmers' Fixed Deposits (FDs) were allegedly diverted without their consent from the Punjab National Bank (PNB) Aichhar branch in Greater Noida. The bank has suspended five staff members, including the branch manager, and launched an internal probe. The alleged losses range from Rs 10 lakh to Rs 1.2 crore per case. The complainants approached the Sector Beta 2 police station, alleging premature closure of FDs and fraudulent fund transfers.

Police registered an FIR under Section 316(5) of the Bharatiya Nyaya Sanhita, relating to criminal breach of trust.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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