Note exchange: CBI books SBH cashier

Note exchange: CBI books SBH cashier

Note exchange: CBI books SBH cashier
The CBI has registered a case against a chief cashier of State Bank of Hyderabad (SBH) and other unknown persons for exchanging demonetised notes violating RBI guidelines.

Based on a complaint filed by Raghavendra Diggavi, Chief Manager, State Bank of Hyderabad, Nehrugunj Branch, Kalaburagi, the CBI sleuths registered a case against K Srihari, chief cashier, SBH, Nehrugunj Branch, Kalaburagi and other unknown persons.

Srihari reportedly helped some people in exchanging demonetised notes worth Rs 1.09 crore between November 10 and 30, 2016.

The illegal exchange came to light during internal audit on December 22, 2016.