₹175 crore fraud in Hyderabad SBI branch, mule accounts used to send money

The manager of an SBI branch in Hyderabad and his associates have been arrested in a fraud case worth ₹175 crore. The branch manager colluded with fraudsters, facilitating the opening of current accounts, aiding in the withdrawal of funds, and orchestrating diversion of money, officers told NDTV. After opening accounts, the signatures of the account holders were taken on cheques.