2 bank staff under scanner for helping convert black money
Amid the demonetisation of ₹500 and ₹1,000 notes, the Income Tax department on Friday raided the Kashmere Gate branch of Axis Bank in Delhi, as per reports. The raids were reportedly conducted after two people were held with ₹3.5 crore in new notes. These people had admitted that they converted money with the help of two bank managers.