idfc first bank

New Delhi, April 9 The CBI has registered an FIR in the alleged embezzlement of ₹550 crore from the accounts of the Haryana government, maintained with IDFC First Bank in Chandigarh, after taking over the investigation, official sources said on Thursday.The Haryana government had transferred...

New Delhi, April 9 The CBI is set to take over the case of embezzlement of ₹590 crore from the accounts of the Haryana government maintained with IDFC First Bank in Chandigarh, official sources said on Thursday.The Haryana government had decided last month to hand over the investigation to the...

Jodhpur, March 30 In a significant ruling on the scope of police powers during financial investigations, the Jodhpur bench of the Rajasthan High Court has held that banks cannot impose a blanket freeze on accounts at the behest of investigating agencies.The court stated that any restriction...

Chandigarh, March 24 The Panchkula Municipal Corporation has found discrepancies in its Fixed Deposit Receipts (FDRs) with a private bank, amounting to nearly Rs 150 crore, a senior official said on Tuesday."Some of the FDRs had been with the bank for a long time at the Panchkula branch. The...

Chandigarh, March 14 The Haryana State Vigilance and Anti-Corruption Bureau (ACB) arrested a jeweler on Saturday in connection with the IDFC First Bank fraud case. Investigators found that more than ₹250 crore had been routed to his firm from companies linked to the accused.Rajan Katodia...

Chandigarh, March 13 – The ED conducted searches at 19 premises across Chandigarh, Mohali, Panchkula, Gurgaon, and Bangalore in connection with the IDFC First Bank case involving the embezzlement of public funds amounting to Rs 597 crore, an official said on Friday.During the searches, more...

Chandigarh, March 12 Eleven individuals have been arrested so far, including six bank employees, four private individuals, and one government official, as part of the ongoing investigation into a fraud case involving IDFC First Bank by the Haryana State Vigilance and Anti-Corruption Bureau...

Chandigarh, March 12 – The investigation into the IDFC First Bank scam has revealed that the main accused created several shell companies and illegally transferred government funds to various accounts, said Additional Director General of Police Charu Bali, who is posted with the State Vigilance...

Chandigarh/New Delhi, March 11 The Enforcement Directorate has registered a money laundering case and conducted searches at multiple locations on Wednesday in connection with the alleged embezzlement of Rs 590 crore from the accounts of the Haryana government, maintained with IDFC First Bank, in...

New Delhi, March 11 The Enforcement Directorate conducted searches at 19 locations on Wednesday in connection with alleged embezzlement of ₹590 crore from the accounts of the Haryana government, maintained with IDFC First Bank in Chandigarh, sources said.The agency conducted searches in...

New Delhi, March 10 IDFC First Bank announced on Tuesday that it has settled fraud claims at a Chandigarh branch for ₹645 crore and has found no further discrepancies.Private sector IDFC First Bank had last month disclosed a ₹590 crore fraud committed by certain employees and others at a...

Chandigarh, March 9 The Chandigarh Police on Monday registered a case based on a complaint filed by the Chandigarh municipal corporation, which alleged that fixed deposit receipts (FDRs) worth Rs 116.84 crore issued by a manager of a private bank were fake.The civic body said that they...

Chandigarh, February 25 – Haryana Director General of the Anti-Corruption Bureau, Arshinder Singh Chawla, announced on Wednesday that four individuals were arrested in the IDFC First Bank fraud case, which involved government departments. The money was transferred to the Swastik Desh project, a...

Chandigarh, February 25 The Haryana State Vigilance and Anti-Corruption Bureau has arrested four individuals in the IDFC First Bank fraud case, officials said on Wednesday.Of the four arrested, two are former IDFC First Bank employees, and the other two are private individuals who own a...

Chandigarh, February 24 A committee formed by the director of the development and panchayats department of Haryana has recommended a police investigation after uncovering alleged forgery and procedural lapses involving officials from both IDFC First Bank and AU Small Finance Bank.This...

Haryana Chief Minister Nayab Singh Saini informed the assembly during the ongoing budget session that the entire amount owed by IDFC First Bank to the Haryana government has been fully disbursed to the accounts of various departments. The bank has deposited ₹556 crore, including approximately...

New Delhi, February 24 IDFC First Bank said on Tuesday that it has paid out 100% of the principal and interest to the relevant departments of the Haryana government, which amounts to ₹583 crore."The bank remains committed to working together with the relevant Haryana Government departments and...

Chandigarh, February 24 Haryana Chief Minister Nayab Singh Saini on Tuesday informed the State Assembly that the state government had recovered nearly Rs 556 crore owed to it in the IDFC First Bank case."Nearly Rs 556 crore, including nearly Rs 22 crore in interest, was recovered within 24...

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...

Chandigarh, February 24 The Haryana Congress organized a protest march to the Vidhan Sabha here on Tuesday, targeting the BJP government in the state over several issues, including law and order, unemployment, and the plight of farmers.The protesting Congress MLAs, led by Leader of the...