IDFC First Bank discloses ₹590-crore fraud involving Haryana govt-linked accounts

IDFC First Bank disclosed some of its employees were involved in a ₹590-crore fraud linked to Haryana government accounts at a Chandigarh branch. The incident came to light after the lender received a request from a Haryana government department for account closure and transfer of funds to another bank. Four suspected officials have been put under suspension amid investigation.