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Business Daily from THE HINDU group of publications Sunday, November 9, 2008 ePaper | Mobile/PDA Version | Audio |
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Update at 1700 hrs (IST)
Banking & Finance HDFC bank lodges FIR against PNB PATNA: HDFC Bank has lodged a first information report (FIR) against the Punjab National Bank (PNB) for bungling with an amount of Rs 7.90 crore. The Exhibition Road branch of the private bank here had deposited Rs 4.70 crore on September 19 and Rs 4.90 crore on October 21 in PNB's Exhibition Road branch but was given a receipt for only Rs 1.70 crore, the Deputy Superintendent of Police, Mr Sanjay Singh said citing the complaint. HDFC bank had informed the PNB about the lapses but the public sector bank did not heed it, bank sources said. One person Mr R K Narayan, a head clerk with PNB's Exhibition road branch, had received the amount but Mr Narayan has not been seen since October 22, Mr Singh said. “HDFC bank has lodged an FIR against NUB under sections 120B (Criminal Conspiracy) and 420 (Cheating) of IPC with Gandhi Maidan police station for bungling its amount,” Mr Singh said. – PTI
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