Digboi, July 25 -- Prasenjit Dutta, the then Deputy Manager at Punjab National Bank (PNB) Digboi's Tingrai Branch in Assam's Tinsukia district, will likely face action on charges of unauthorized sanction and subsequent transactions involving as many as 38 loan accounts held by several Self Help Groups under Tingrai Panchayat in Assam's Tinsukia district.

Rajesh Paul, the Lead District Manager (LDM) of Tinsukia, was conducting an inquiry verifying the transactions here on Friday morning.

"We are considering all the pros and cons related to the alleged transactions, and the circumstances leading to it are also being thoroughly examined," asserted Paul.

Following the detection of the unauthorized official action by the then Deputy Manager...