<h1>Procurement lapses in public-sector bulk purchase prompt probe; allegations of impropriety and misuse of public funds.</h1> Union Bank of India is examining lapses in the bulk procurement of about two lakh copies of K V Subramanian's book valued at about Rs 7.25 crore, according to a regulatory filing; the review focuses on procedural and compliance shortcomings in the order and distribution through zonal and regional offices.