IDFC First Bank returns ₹583cr to Haryana government
IDFC First Bank has given back ₹583 crore to the Haryana government after a major fraud was uncovered at its Chandigarh branch.
The bank says it returned the full amount, including interest, by February 24, 2026, and emphasized that putting customers first helped them resolve things quickly.
CM Saini confirms money was back within 24 hours
Haryana's Chief Minister Nayab Singh Saini confirmed the money was back within 24 hours and credited solid financial management.
An initial investigation points to four or five bank employees being involved—they're set to face strict action.
A high-level committee is now on the case to figure out what went wrong and how to stop it from happening again.
Meanwhile, IDFC First Bank is teaming up with officials for legal action against those responsible, as calls for a deeper probe continue.