IDFC First Bank fraud case flagged in Haryana Assembly

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Congress person  and Leader of Opposition successful  the Haryana Assembly Bhupinder Singh Hooda speaks during the Budget league   of the State Assembly, successful  Chandigarh, connected  February 23, 2026.

Congress person and Leader of Opposition successful the Haryana Assembly Bhupinder Singh Hooda speaks during the Budget league of the State Assembly, successful Chandigarh, connected February 23, 2026. | Photo Credit: PTI

A time aft the IDFC First Bank Limited revealed a ₹590 crore fraud linked to the Haryana government’s accounts, the Opposition Congress enactment connected Monday (February 23, 2026) flagged the contented during the ongoing Budget league successful the State Assembly, adjacent arsenic Chief Minister Nayab Singh Saini said that a elaborate probe had been ordered successful the case.

The alertness of State authorities departments had shed airy connected the issue, pursuing which the authorities had instantly de-empanelled IDFC First Bank, the Chief Minister said. “The statements provided by the slope did not lucifer the records maintained by the acrophobic departments. The lawsuit has been handed implicit to the Anti-Corruption Bureau, and directions person besides been issued to represent a High-Level Committee to behaviour a elaborate probe,” the CM told the House.

IDFC First Bank had written to the Securities and Exchange Board of India acknowledging irregularities committed by definite slope employees, Mr. Saini said, adding that the slope has besides initiated enactment against the employees concerned. “An FIR (First Information Report) has been registered successful transportation with the irregularities detected successful the bank’s transactions. The slope wrote a missive successful this respect connected February 21. However, adjacent earlier the authorities had taken cognisance of the matter, and connected February 18 de-panelled the bank, [the government] directed that the full amount, on with interest, beryllium transferred to a nationalised bank. The wealth is wholly safe. Every azygous rupee volition beryllium recovered,” helium said.

“The probe volition find whether the irregularity was committed by a slope worker oregon whether it progressive immoderate different individual,” helium added.

The signifier of departments keeping funds successful banks was not new, helium said. “Even during the Congress’s tenure, departmental funds were kept successful banks. Banks are empanelled from clip to time, and caller banks proceed to beryllium added,” helium said.

Earlier, the Leader of the Opposition successful the State Assembly, Congress’s Bhupinder Singh Hooda, raised the contented pertaining to the IDFC First Bank. “It is simply a monolithic scam, carried retired by manipulating the accounts of 18 authorities departments,” Mr. Hooda said.

He besides raised the contented of the MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) strategy being replaced by the Central government. “During the Congress government, workers successful Haryana were paid the highest wages successful the country. However, arsenic soon arsenic the BJP (Bharatiya Janata Party) came to power, it attacked the rights of workers. After coming to power, the BJP acceptable astir weakening the MGNREGA,” Mr. Hooda said.

Published - February 23, 2026 10:12 p.m. IST

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