In pursuance of the disciplinary proceedings initiated the appellant was visited with the major penalty of removal from service which shall number be disqualification for future employment upon the appellant.
These loans were ultimately Date 2019.04.22 171951 IST Reason classified as Non Performing Assets NPAs and the process of granting these loans was scrutinised by the Bank when various procedural abnormalities were found, which were likely to cause a loss to the Bank of Rs.70.32 lakh.
The appellant was also the recommending authority for two loans at Harsh Signature Not Verified Digitally signed by NIDHI AHUJA Nagar Branch, once again, at Kanpur.
SANJAY KISHAN KAUL, J. Leave granted.
The appellant was employed with respondent No.1/Bank of India for short Bank as Scale II Officer when he sanctioned three loans while posted at the Lal Bangla Branch of the Bank at Kanpur.
