Haryana Govt finds ₹150 crore discrepancy in FDs placed by Panchkula Municipal Corp at Kotak Mahindra Bank

The Haryana Government has come across yet another fraud relating to fixed deposits at a Bank. This time the Government reportedly found discrepancy in the FDs aggregating about ₹150 crore placed by the Panchkula Municipal Corporation and the records at Kotak Mahindra Bank.The Tribune, in a report quoting sources, said the Panchkula MC had deposited the amount at the Kotak Mahindra Bank branch in Sector 11, Panchkula.“Recently, when officials approached the bank about the maturity of a fixed deposit (FD) wo ...