The Mumbai CBI has registered an FIR against a State Bank of India deputy manager. The manager, identified as Sanjay Pathak, is posted at SBI Satpur Industrial Branch, Nashik.

The CBI received information that Pathak abused his position and was involved in an illegal payment of Rs 37,25,000, in the form of exchange of old currency notes of Rs 500 and Rs 1000 with the new denomination, and withdrawal of excess money in violation of RBI guidelines.