IDFC First Bank pays Rs 583 crore to Haryana government

The bank had reported the fraudulent transactions last week. "We did not hold up the payment on account of the matter being under investigation," it said Tuesday, adding that it remains committed to working together with the relevant Haryana government departments and law enforcement agencies to pursue actions against the perpetrators of the fraud and looks forward to recovering the dues. "Even though the investigation in the matter is ongoing, we have paid out 100% of the principal and interest to the rele ...