The CBI caught red handed Jagdish Prasad, Branch Manager of Punjab National Bank's Bankhedi branch in Hoshangabad district today while accepting the bribe.
Acting on a complaint by Balmukund Patel, a trap was laid and Prasad was caught red-handed in the presence of independent witnesses, a CBI release said.
Prasad had demanded bribe from the complainant for sanctioning a housing loan and also to disburse the second instalment of the same, a CBI release said.