Bank CEO shot at in Hyderabad

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.