Money recovered, accused arrested — What's happening in the IDFC First Bank Rs 590 crore scam case? Top developments
This follows the bank’s payment of 100% of the principal and interest to the concerned Haryana government departments, amounting to a net Rs 583 crore. The issue came to light on Sunday, when the bank revealed that a Rs 590-crore fraud had been detected involving its employees and others in accounts linked to the Haryana government. The Anti-Corruption Bureau had earlier registered an FIR in the matter, while the Haryana government set up a committee to examine the suspected fraud. What the bank saidThe ban ...