Private sector Axis Bank has said it has so far suspended 50 accounts and 24 employees for suspicious activities in its operations.
Axis Retail banking head Rajiv Anand said so far the investigating agencies have visited its eight branches, including five in New Delhi, and the number of employees suspended has gone up to 24 from 19 last week.
These suspensions exclude impact of the visit by Income Tax officials to its Noida branch on Thursday following a trail of 600 crore rupees deposit by a jeweller.
The bank refused to share details of amounts transacted in the suspicious accounts. However, Mr Anand conceded that a bulk of the affected accounts are in the bullion trade. Axis Bank is the largest domestic lender in the bullion import space.