To stop the bankers from taking advantage of their position and bringing transparency to the process PM Modi did a sting in 500 bank branches across India. Around 400 CD’s from different banks have reached the Finance Ministry’s office. The sting has proof how bankers are exchanging money and taking commission on it.
In this week, 2 managers of Axis Bank branch in Delhi had been arrested with whooping 40 crores. After the cash crunch situation becomes stable in the country, the action will be taken on the culprit bankers. In the last 20 days more then 20 crore rs had recovered.
See how much money have seized red handed :
December 10 :
Vellore, Tamil Nadu, new currency notes of Rs 24 crore seized.
December 9 :
Gurugram, 17 lakh seized.
Dadar, Mumbai, Rs 72 lakh seized.
Surat, Rs 76 lakhseized.
December 8 :
Chennai, Rs 10 seized.
Madhya Pradesh, 40 Lakh seized.
7 December :
Goa, 1.5 crore seized.
Karnataka, 71 lakh seized.
Just because of these few corrupt bankers, those bank employees who are working sincerely and are helping people are getting a bad name.