CBI court sentences SBI employee for 2 years imprisonment in Hyderabad

A CBI court in Hyderabad sentenced a computer operator at SBI in Chandulal Baradari Branch to two years rigorous imprisonment (RI) with a fine of Rs 36,000 in a bank fraud case.

The Central Bureau of Investigation (CBI) registered the instant case on May 1, 2002, against Chalapathi Rao and



three others. 

According to the investigation agency, between 1996 and 2000, the trio entered into a criminal conspiracy with PP Krishna Rao, the then SBI branch manager.

They approved and took loans worth Rs 50 lakh using forged papers and benefited financially from it.