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IDFC First Bank fraud: 2 Haryana officials, jeweller sent to four-day Vigilance custody

March 16, 2026 5:43 am

The Vigilance bureau had arrested Rajesh Sangwan, controller of finance and accounts at the Haryana State Agriculture Marketing Board; Randhir Singh, controller of finance and accounts at the School Shiksha Pariyojna Parishad; and Chandigarh‑based jeweller Rajan Katodia on Saturday.

IDFC First Bank’s Rs 590-crore fraud | Funds for SUV, family: Rs 1.25 crore traced to Haryana official

March 02, 2026 1:17 pm

The accused superintendent, Naresh Bhuwani, was arrested on Saturday and is currently in six day police remand. Among those arrested earlier are Ribhav Rishi, a former branch manager at IDFC First Bank, and Abhay Kumar, a former relationship manager.

Ex-branch manager among 4 arrested in IDFC First fraud case

IDFC First Bank scam: Former bank manager, ex-employee among 4 held

February 26, 2026 3:52 am

The authorities had earlier issued a Look Out Circular against former bank manager Ribhav Rishi to prevent him from leaving the country.

Recovered Rs 578 crore from IDFC First Bank within 24 hours, Haryana CM Saini informs Assembly

February 24, 2026 1:09 pm

CM Nayab Singh Saini promises strict actions against those found guilty in the alleged 590-crore fraud involving Haryana government-linked accounts at IDFC First Bank's Chandigarh branch.

IDFC Bank shares tanked 10 per cent to Rs 75.21 when the market opened for trading on Monday.

IDFC First Bank scam probe zooms in on 391 transactions, 170 accounts

February 25, 2026 9:43 am

According to sources, several accounts under scrutiny belong to businessmen, real-estate firms and realtors across Chandigarh and Haryana.

IDFC FIRST Bank fraud: ‘Watching the developments, no systemic issue’, says RBI Governor

February 24, 2026 5:39 am

The bank has appointed KPMG to initiate an independent forensic audit in this matter. Four officials have been suspended pending an investigation.

Biden intends to nominates Nisha Desai Biswal as Dy CEO of US International Development Finance Corporation

March 21, 2023 8:52 am

Biswal is currently Senior Vice President for International Strategy and Global Initiatives at the US Chamber of Commerce, overseeing the US India Business Council and the US Bangladesh Business Council.