Berhampur (Odisha), Mar 30 (PTI) The branch manager of a nationalised bank was arrested in Ganjam district for alleged misappropriation of crop loan, police said today. Also Read - SBI Online Banking System Down Due to Intermittent Connectivity Issues; ATMs, PoS Working

N Naik (59), branch manager of the State Bank of India, Sorada, who was arrested yesterday, had allegedly committed the fraud when he was manager of the bank’s Karchuli branch four years ago. Also Read - SBI Customers Alert! Don't Respond to This WhatsApp Message, Can Drain Your Bank Account | Read Details

On October 4, 2017, Udaya Nath Swain, the current manager of SBI, Karchuli branch, lodged an FIR with the police against Naik for misappropriating about Rs 7.50 lakh on fake documents for crop loans. Also Read - Fraud Alert! SBI Warns Customers About Fake Alert E-Mails, Asks Users to Think Before They Click

This is published unedited from the PTI feed.