The bank caught the culprit before he can get benefit from the forgery as no financial loss occurred.
Going into detail, Mrs, Vasundhara Devi has an account at the Banjara Hills branch of HDFC bank. Phaneendra and Srinivas who were working as Bank Managers has dialed up Subbarao, PA of Vasundhara Devi and asked him should whether they should activate Mobile Banking Application.
Vasundara Devi shocked after knowing that someone has applied on her name. Following this, the Bank officials have enquired who initiated this and found out that their employee has done this. They have booked a case with the police and the employee was arrested.