fixed deposits

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    BMC Allocates Rs 36.6 Billion for Infrastructure Projects

    Mumbai, February 25 The Mumbai municipal body announced on Wednesday that Rs 36,623.09 crore from its fixed deposits will be used to fund critical infrastructure projects across the city under the 2026-27 budget.The Brihanmumbai Municipal Corporation (BMC) Commissioner Bhushan Gagrani...
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    Mumbai's Development: Strategic Reserves and Green Bonds

    Mumbai, February 25 – In the annual budget for 2026-27, presented on Wednesday, the Brihanmumbai Municipal Corporation (BMC) has proposed a series of measures, including the use of strategic reserves and Green Bonds, to mobilize funds for financing development projects.In a significant...
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    IDFC First Bank Fraud: Full Recovery Confirmed by Haryana CM

    Chandigarh, February 24 – Haryana Chief Minister Nayab Singh Saini informed the Assembly on Tuesday that the entire amount involved in the fraud involving state government accounts at the IDFC First Bank branch in Chandigarh has been returned to the government's accounts."A total of Rs 556...
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    Haryana Government Investigates ₹590 Crore Bank Fraud

    Chandigarh, February 24 – The Haryana Vigilance and Anti-Corruption Bureau has registered an FIR in connection with a ₹590-crore fraud involving accounts of the Haryana government at the IDFC First Bank and AU Small Finance Bank branch in Chandigarh, a government official said on Tuesday.The...
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    State Government Investigates ₹590 Crore Fraud at IDFC First Bank

    Chandigarh, February 23 A day after IDFC First Bank exposed a ₹590-crore fraud involving accounts of the Haryana government, Chief Minister Nayab Singh Saini on Monday said the state's Anti-Corruption Bureau will conduct a thorough investigation and assured that those found guilty will not be...
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    State Government Oversight Questioned Amid Haryana Bank Fraud

    Chandigarh, February 23 The AAP alleged on Monday that the Rs 590-crore "bank fraud" reported in Haryana reflects "serious negligence and administrative failure" of the state's BJP government.In a statement issued here, Aam Aadmi Party's (AAP) national media in-charge Anurag Dhanda targeted...
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    Haryana Government De-Empanels IDFC First & AU Small Finance Banks

    Chandigarh, February 22 The Haryana government has de-empaneled IDFC First Bank and AU Small Finance Bank for government business with immediate effect, according to an official circular.No government funds will be parked, deposited, invested, or transacted through these institutions, it said...
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    Winzo Assets Frozen Under FEMA Allegations of Illegal Investments

    Bengaluru, February 19 – The Enforcement Directorate (ED) in Bengaluru has seized assets worth ₹590 crore from Winzo Pvt. Ltd. and its subsidiary, Zo Pvt. Ltd., under Section 37A of the Foreign Exchange Management Act, 1999.The action followed suspected violations of Section 4 of FEMA...
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