Bank manager booked for exchanging old notes worth ₹71 lakh
A Central Bank of India bank manager from a Bengaluru branch has been booked by the CBI for exchanging old ₹500 and ₹1000 notes to help convert illegal income worth ₹71 lakh. The manager issued 149 demand drafts to a private firm and accepted payment in old notes. Earlier, ₹4.7 crore in ₹2,000 notes was recovered from two Bengaluru bureaucrats.