Private area moneylender Kotak Mahindra Bank said that misleading claims were evened out against the bank's authorities by a borrower while documenting a first data report (FIR) with Lonavala Police Station, and the bank had acted as per the common regulation and cycles.
A representative said the bank was helping out neighborhood specialists.
"A borrower at our Lonavala Branch has documented a FIR naming Kotak Mahindra Bank authorities at the Lonavala Police Station wherein he has made misleading charges with regards to his getting exchanges. The bank acted as per the overarching regulation and cycles consistently. We are co-working with the neighborhood specialists," said Rohit Rao, representative, Kotak Mahindra Group.
Media reports citing Lonavala police said a FIR had been enrolled against seven authorities of the bank on the grumbling of one Lonavala occupant Ashok Purohit, head of Krishna Inn Pvt Ltd. The neighborhood police, as indicated by reports, said they had captured one authority from the bank, Alankar Khere, who was named in the FIR.
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