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Banker throws himself under a train over loans
Updated On: 31 January, 2013 07:48 AM IST | | Shiva Devnath
57-year-old manager laid down on the tracks at Mira Road after his bank told him he wouldn't get pension benefits unless he paid off the crores he had loaned to sham firms
A 57-year-old manager of a bank committed suicide on Wednesday morning by allowing a train to run over him at Mira Road. Vilas Narsale worked for a nationalised bank at its branch at Ramdev Park in the far western suburb and lived with his family in Thane.
According to the railway police officers, Narsale was going to retire from his post next year. Bank officials said he had sanctioned loans worth crores to some fictitious vehicle-leasing and financing firms, which did not repay them. The bank authorities then demanded that Narsale settle the debt, and allegedly told him he would not get his retirement fund if he did not pay up. Fearing action, a harried Narsale ended his life.


