The Axis Bank branch reopened today after being shut since May 4 over ethnic violence (Representational)
Cash worth over a crore has gone missing from an Axis Bank branch in Manipur's Churachandpur, sources in the police said. The branch, which has been shut since May 4 over ethnic violence in the state, reopened today.
The bank's staff discovered the missing cash and alerted the police, suspecting a possible theft during the two-month closure.
Although the lock on the front door of the bank was not tampered with, the sources said that a hole drilled at the back of the building likely served as the entry point for the looters.
The two-storeyed building also houses various shops, including an Airtel outlet.
An official complaint was yet to be filed at the time of reporting.