In Maharashtra`s Palghar a woman private banker was stabbed to death while her female colleague was injured in an attack by two persons, including a debt-ridden former manager of the same branch, police said on Friday.

The incident occurred at ICICI Bank`s Virar east branch around 8.30 pm on Thursday. The two victims were the only persons working in the bank at that time, they said.

Anil Dubey, one of the two accused arrested in the case, is a former manager of the same branch of the bank where the incident took place, senior inspector Suresh Varade of Virar police station said.

"The accused duo entered the bank and threatened its assistant manager Yogita Vartak and cashier Shraddha Devrukhkar - at knifepoint when they were doing some official work," he said.

The accused asked them to hand over cash and jewelry and tried to flee with the booty when the two women raised an alarm and tried to stop the robbers. However, the accused stabbed Vartak and Devrukhkar, he added.

Anil Dubey was later caught by the people, who chased him. However, his accomplice escaped from the spot, Suresh Varade said. They were rushed to a hospital, where the former was declared brought dead, police said.

"Anil Dubey is a former manager of the same branch of the bank where the drama unfolded. He had taken a loan of â‚¹ 1 crore and in order to repay the amount, he conspired to loot this bank. He currently works with another private bank in Naigaon in the district," Suresh Varade said.

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