The alleged irregularities at Delhi Nagarik Sehkari Bank Ltd. include giving loans against fake or fictitious Incomce Tax Returns (ITRs) and illegal appointments among others.
The matter is also being investigated by a Delhi Assembly committee.
"Already 40 appointments made by direct recruitment have been cancelled and promotion of 62 employees of bank has been set aside. A number of FIRs have also been lodged," Baijal said in an official statement.
In October, Baijal had referred the matter to the Anti Corruption Branch for inquiry.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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