India, Nov. 17 -- Around Rs 2.53 crore was allegedly siphoned off from Tripura Gramin Bank (TGB) through fraudulent loan sanctions, the bank said, after which it lodged a police complaint nearly one-and-a-half years after the irregularities surfaced in an internal audit.

TGB's regional manager lodged an FIR at NCC Police Station alleging large-scale fraud at the bank's Abhoynagar main branch, officials said.

Police said loans totalling Rs 2,68,90,000 were sanctioned between December 20, 2023, and April 15 last year, of which Rs 2,53,50,000 was disbursed on the basis of forged PAN cards and fabricated salary slips.

An internal audit conducted last year uncovered fake pay slips and found that the salaries of at least 19 purported borrowe...