The trio allegedly created fake records between January and February last year in the names of 32 women’s self-help groups.
They forged signatures of the bank’s chairman and secretary and submitted the records to the central office recommending a loan of Rs 1.56 crore. They opened accounts in the bank’s Kanakapura branch in benami names and got the loan amount deposited in those accounts.
The trio drew the money using forged signatures, police said.
Prohibitory orders
Prohibitory orders have been clamped in Bharathinagar, Indiranagar, JB Nagar and Ulsoor police station limits from 10 pm on April 30 to 6 pm on May 1, in view of the Someshwara and Kamakshamma car festivals.
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