Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Haryana Anti-Corruption Bureau registers FIR in IDFC First Bank Rs 590-crore fraud

IANS
Updated: February 24th, 2026, 09:55 IST
in Business, Home News, National
0
Pic- IANS

Pic- IANS

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Chandigarh: Haryana Vigilance and Anti-Corruption Bureau has registered an FIR in the Rs 590-crore fraud involving Haryana government accounts at the Chandigarh branch of IDFC First Bank and AU Small Finance Bank, a government official said on Tuesday.

The case has been filed against bank officials, public servants and other individuals under Section 13 (2) of the Prevention of Corruption Act and Sections 316 (5), 318 (4), 336 (3), 338, 340 (2) and 61 (2) of the Bharatiya Nyaya Sanhita (BNS).

Also Read

Donald Trump

Seafarers’ safety must be part of Iran peace deal: PM Modi

14 hours ago
DGCA

DGCA orders safety review of uncontrolled airstrips nationwide

14 hours ago

A day earlier, Chief Minister Nayab Singh Saini informed the House that the fraud came to light due to the alertness of state government departments, following which the government immediately de-empanelled the bank.

Statements provided by the bank did not match the records maintained by the departments concerned, and directions have also been issued to constitute a high-level committee to conduct a detailed probe, he said.

The Chief Minister informed the House during the Budget Session of the Vidhan Sabha that IDFC First Bank had written to SEBI acknowledging irregularities committed by certain bank employees. The bank has also initiated action against the employees concerned.

He said the bank wrote a letter on February 21. However, even before the government took cognisance of the matter, on February 18, it de-panelled the bank and directed that the entire amount, along with interest, be transferred to a nationalised bank.

“The money is completely safe. Every single rupee will be recovered,” the CM said, adding that the investigation will determine whether the irregularity was committed by a bank employee or involved any other individual.

The Chief Minister said the government acted proactively in detecting the issue, as it monitors every matter with utmost seriousness.

He said a significant portion of the Haryana government’s funds deposited with IDFC First Bank had been invested in fixed deposits (FDs). He said the practice of departments keeping funds in banks is not new. This has been happening earlier as well. Even during the Congress tenure, departmental funds were kept in banks. Banks are empanelled from time to time, and new banks continue to be added, he said.

The Chief Minister said the matter would be thoroughly investigated and that no one found guilty would be spared.

In the Assembly, Leader of Opposition Bhupinder Hooda described the alleged scam as a serious matter, and said “it is unfortunate that the BJP government has not taken any action against it so far”.

“The government is merely procrastinating, whereas it should have taken strict action before the bank. This massive scam was carried out by manipulating the accounts of 18 government departments. Far from taking action, the government’s attitude, even in the Assembly, is so negative that it is willing to tell its lies but is unwilling to listen to the truth of the opposition,” he said.

IANS

Orissa POST – Odisha’s No.1 English Daily
Tags: BankHaryanaIDFC First Bank
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019

Archives

Editorial

Sanitising Mohenjo-daro

June 17, 2026

India is being shown in such a poor light that it does not stand comparison on the question of a...

Read moreDetails

US-Iran MoU

US-Iran
June 16, 2026

Finally, the much-awaited biggest diplomatic breakthrough in the US-Israel war with Iran has been made with the US and Iran...

Read moreDetails

War & Literature

kyiv
June 15, 2026

Kyiv saw a unique phenomenon recently when thousands of readers gathered at a literary festival defying air raids only to...

Read moreDetails

Mapping New India

June 14, 2026

Aakar Patel   A ‘New India’ has come upon us at such a rapid pace that it is important to...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST