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Haryana CM Nayab Singh Saini Addresses IDFC First Bank Fraud Allegations, Assures Strict Action

Source TOI

In a significant development in the alleged fraud case linked to IDFC First Bank, Haryana Chief Minister Nayab Singh Saini shared an important update, assuring citizens that the state government is closely monitoring the situation and will ensure strict action against those found guilty.

The controversy emerged following reports of financial irregularities connected to IDFC First Bank, prompting concerns among depositors and investors. Addressing the issue, Chief Minister Saini stated that the matter is under thorough investigation and that the government is coordinating with relevant financial authorities to maintain transparency and accountability.

He emphasized that protecting the interests of customers remains a top priority and reassured the public that there is no need for panic. According to the Chief Minister, law enforcement agencies have been directed to carry out a detailed probe, and any individuals involved in fraudulent activities will face strict legal consequences.

The case has drawn wider attention amid growing scrutiny of banking practices and regulatory oversight. Financial experts note that swift action by authorities is essential to sustain public confidence in the banking system.

Meanwhile, officials have urged customers to rely only on verified information and avoid spreading unconfirmed reports. Further updates are expected as the investigation progresses.

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