IDFC First Bank case: CBI arrests IAS officer Pankaj Aggarwal over government fund misappropriation
A major development has emerged in the alleged government fund misappropriation case linked to IDFC First Bank, with the Central…
A major development has emerged in the alleged government fund misappropriation case linked to IDFC First Bank, with the Central…
The chargesheet reportedly details the alleged role of officials associated with Haryana Power Generation Corporation Ltd. and Haryana School Shiksha Pariyojna Parishad, while also outlining the methods allegedly used to siphon off government funds.
The Reserve Bank of India (RBI) on Monday said there is no systemic risk to the banking system and stressed that the Central Bank does not comment on individual banks or regulated entities, as IDFC First Bank revealed the Rs 590-crore fraud at its Chandigarh branch.
The state government ordered all departments, boards, corporations and public sector undertakings to stop using these banks for deposits, investments or any other financial dealings.
