Now the banks seem to be unsafe even with its employees. A senior bank official of Canara Bank was arrested for being a part of fraudulent case.

Tarun Kumar Chatterjee, a Special Assistant in the credit section of Canara Bank, has been arrested by the police for his involvement in Rs 42-lakh fraud case.

The fraud came under notice when the director of a diary firm in Kolkata lodged an FIR with the detective department. The director told the police that a deceitful transaction of Rs 42 lakh had been made from his company account on October 20th.

On police enquiry, the bank officer reported that he was asked to arrange for Rs 42 lakh by the company. However doubts against the banker grew when it was discovered that the company's transactions had never exceeded Rs 5 lakh. The police questioned the banker about making a confirmation call regarding the matter. "The bank did not even call up the company to verify the withdrawal," said a police officer.

In defence bank could neither produce a cheque of Rs 42 lakh nor the application letter from the company. Chatterjee was supposed to be involved in the racket and therefore was taken into custody by the police for 14 days. Jawed Shamim, DC DD said, "We have specific evidence against Chatterjee and are looking for the other racketeers."