CBI court jails ex-Bank of Baroda manager Subodh Kumar Rastogi for 4 years for bribe
A CBI court in Lucknow has convicted a former Bank of Baroda branch manager in a 2015 bribery case and sentenced him to four years in prison with a fine of Rs 30,000, the CBI said.
Key points
- The CBI Court, Lucknow, convicted and sentenced a former Bank of Baroda branch manager in Balrampur on 2 November 2026, the CBI said.
- The court sentenced him to four years in prison and a fine of Rs 30,000; the CBI had caught him accepting Rs 10,000 in a 2015 trap.
- According to the CBI, the bribe was demanded from a borrower under threat of closing his loan account; bribe demands can be reported to the authorities.
Subodh Kumar Rastogi, the then branch manager of Bank of Baroda's Balrampur branch in Uttar Pradesh, has been convicted and sentenced to four years in prison with a fine of Rs 30,000 in a bribery case by the CBI Court, Lucknow, the Central Bureau of Investigation (CBI) said. The court passed the sentence on 2 November 2026.
What Happened
The CBI registered the case on 26 October 2015 on a complaint from a borrower. According to the CBI, the borrower had been sanctioned a loan of Rs 5 lakh by the Balrampur branch to expand a business selling solar lights.
The CBI said that while Rs 1,25,000 was being disbursed as a term loan, the branch manager took about Rs 25,000 from the borrower on the pretext of CA charges, stamp paper charges and file charges. Later, after Rs 3,75,000 was released to the borrower's account as a cash credit limit, the branch manager demanded a bribe of Rs 25,000 and threatened to close the account if it was not paid, according to the CBI.
The CBI laid a trap and caught the branch manager accepting Rs 10,000 from the borrower, the agency said. It filed a chargesheet on 18 December 2015. After the trial, the court convicted and sentenced him.
What It Means
The case is a reminder that bank staff cannot demand extra payments to release a sanctioned loan or to keep an account running, beyond the charges the bank itself levies. The conviction came nearly 11 years after the case was registered.
Borrowers who face a bribe demand from an official at a bank can report it to the CBI or to their state's anti-corruption bureau; Oquilia's guide to every state's helpline is at https://www.oquilia.com/report-a-bribe. Complaints about a bank's service can be filed with the RBI at https://cms.rbi.org.in.
Source: CBI press release
This report describes enforcement actions and allegations on the public record, attributed to the officials cited. An order, FIR or chargesheet is not a conviction; parties are presumed innocent until proven guilty.
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Sources & Citations
- CBI press release — Central Bureau of Investigation