Mysuru, Aug. 30 -- * FIR against CEO and three bank employees over Rs. 2.20 crore loan

* Loan sanctioned without proper documents; four officials suspended

In a serious case of financial irregularities at a city-based prestigious Co-operative Bank, a Rs. 2.20 crore loan was allegedly disbursed to a customer despite his application being rejected by the Bank's Loan Sub-Committee and Management Board.

The alleged irregularity has led to a Police complaint against four officials of Sri Kanyakaparameswari Co-operative Bank Ltd. (SKPC-Bank) at K.R. Circle, Mysuru.

Bank President B. Nagesh lodged the complaint with the Devaraja Police, based on which an FIR (No. 63/2026) has been registered under relevant sections of Bharatiya Nyaya Sanhita...