Bathinda, July 23

Four senior officials — chief manager, DGM, AGM and branch manager — of Punjab National Bank have been booked for using forged signature of a city businessman as a guarantor and wrongly passing a loan limit of Rs 12.5 crore of an export firm on the name of Rajinder Kumar Gupta.

When the police probed the role of bank officials, it came to their notice that to pass the loan, bank chief manger Sushil Jain, DGM Praveen Singla, AGM Gurpreet Singh Bhatia and PNB Kikar Bazar branch manager Sanjiv Kakkar were also involved.