Hyderabad, Sep 1 (UNI) Bank of Maharashtra, Khairatabad branch Chief Manager and legal advisor were arrested on Tuesday for sanctioning of loan without proper documentation and causing wrongful loss to the bank to the tune of Rs 180 lakhs.
On the basis of credible information, Bank of Maharashtra, Khairatabad branch Chief Manager Rudra Shankar Mohapatra, and V Narsing Rao were arrested and produced in the court for Judicial Remand, a police statement here said on Tuesday.