New Delhi, Feb 7 : Central Bureau of Investigation (CBI) Today  arrested a branch manager of Equitas Small Finance Bank, Dwarakanagar Branch, Visakhapatnam for allegedly accepting a bribe of Rs 1.30 lakh from a complainant. The accused has been identified as Akella Srinivas Arundra. A case was registered against the branch manager on the basis of a complaint. The complainant who was running a shop in Vizianagaram alleged that he approached Equitas Small Finance Bank for a Business Loan of Rs 20 lakh for running his business. The Branch Manager called the complainant and allegedly demanded payment of 10 per cent of the loan amount Rs 2 lakh as bribe. The accused further informed the complainant that the loan was sanctioned and allegedly reiterated the demand of bribe for facilitating disbursement of the loan amount. After negotiation, the accused allegedly reduced the bribe to Rs 1.30 lakh. The accused allegedly informed the complainant that the loan amount of Rs 20 lakh had been disbursed and credited into his account. CBI laid a trap and caught the accused red handed while allegedly accepting a bribe of Rs1.30 lakh from the complainant. Searches were being conducted at the office and residential premises of the accused at Visakhapatnam and Vizianagaram. The accused will be produced before the Court tomorrow at Visakhapatnam.(UNI)