Rs. 28 Crore Fraud Uncovered At ICICI Bank In AP, CID Arrests Key Accused

Financial irregularities amounting to approximately Rs. 28 crore have been reported across three branches of ICICI Bank in Palnadu and NTR districts. Naresh, a bank manager, along with a person named Prabhu Kishore, stole FDs from depositors and diverted them as investments into his own company. As part of the probe, a bank appraiser named Harish, who assisted Naresh, has been arrested.