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Bank CEO shot at in Hyderabad

In a shocking incident, a manager of KBS Local Area Bank was shot at in Masab Tank area of Hyderabad on Sunday, according to police.

By: Express Web Desk | Hyderabad | Updated: December 18, 2016 4:50 pm

In a shocking incident, the Chief Executive Officer of KBS Local Area Bank, Manmath Dalai, was shot at in Masab Tank area of Hyderabad on Sunday, according to police. Dalai was shifted to a private hospital and he is said to be out of danger.

Police said a man came to the apartment inquiring about Dalai. He went to the official’s flat and after a few minutes the guard heard the sound of gunfire.

“A bullet hit the bank official in his leg. We have launched a hunt for the unidentified attacker who escaped on his motorbike,” said Deputy Commissioner of Police Venkateswara Rao.


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  1. A
    Dec 18, 2016 at 7:37 pm
    I hate this govt for harming and killing so many innocent people
    1. d
      Dec 18, 2016 at 2:24 pm
      It's the banker who will bear the brunt of a stupidity called demonetization. Though in this case the connection is not known but the banker are in the forefront. The government is not a in a position to provide security to the banks and it's branches and personal. There is no other way either to supply the currency note or withdraw the demonetization order. RBI governor already faced public wrath in Kolkata which is not faced by any bureaucrat in the history. Why bankers should pay for impractical political decision of government?
      1. M
        Dec 18, 2016 at 6:38 pm
        And all those who die not standing queue
        1. vihari naidu
          Dec 18, 2016 at 3:06 pm
          First Bank officials are made scapegoats of this Modi made disaster, now they are getting targeted by unscrupulous elements. lt;br/gt;(HINT: Just start a political party and all the black can be converted to white)