VERIFIEDET Finance·12 May 2026negative

IDFC First Bank fraud case: ED arrests 2 former employees in Rs 645 crore embezzlement probe

AI Summary

·The Enforcement Directorate has arrested two former employees of IDFC First Bank in Chandigarh.
·The arrests are part of a probe into alleged money laundering and embezzlement activities.
·The former employees are accused of embezzling Rs 590 crore from the Haryana government's funds.