DeMo irregularities: 156 sr PSB officials suspended

As many as 156 senior officials of various state-owned banks have been suspended and 41 transferred after they were found involved in irregularities related to demonetisation, Parliament was informed on Friday.

"Certain bank officials have been found involved in irregularities relating to demonetisation. On the basis of prima facie involvement in the irregularities, Public Sector Banks (PSBs) are so far reported to have placed 156 officials under suspension and to have transferred 41 officials," Finance Minister Jaitley said in the Lok Sabha.

PSBs are also reported to have filed 26 cases with Police/CBI wherever criminal cases are involved, he added.