Hyderabad: Authorities nab bank manager for swindling Rs. 75 lakh
On February 07, 2012 Times of India reported that a State Bank of Hyderabad (SBH) manager, who had siphoned off Rs. 75 lakh worth fixed deposits (FD) belonging to a customer, was arrested by the Madhapur police on Monday. Police arrested T Madhavi Prasanna, 45, of Nizampet, who was the manager of SBH branch at Mindspace Raheja near Hi-Tec City. In October 2011, AS Ravi Kumar, SBH general manager, Hyderabad, had lodged a complaint against Madhavi for stealing Rs 75 lakh FD amount belonging to a customer, Madhapur inspector K Srinath Reddy said. “Since then, she had been absconding and based on a specific alert, we arrested her from her relative’s house in Alwal on Monday,” the inspector added.



