All money lost in IDFC First Bank fraud recovered: Harayana CM Saini

Haryana CM Nayab Singh Saini announces recovery of ₹556 crore lost in IDFC First Bank fraud within 24 hours.

Haryana Chief Minister Nayab Singh Saini on Tuesday (February 24, 2026) informed the State Assembly that the State government had recovered nearly ₹556 crore owed to it in the IDFC First Bank case.

"Nearly ₹556 crore, including nearly ₹22 crore in interest, came back within 24 hours," Mr. Saini said in the House.

On Sunday (February 22, 2026), the bank disclosed a ₹590-crore fraud committed by its employees and others in accounts held by the Haryana government.

"I want to clarify before the House that the money concerning Haryana government departments, (the) entire amount has been deposited back into our accounts...The recovery has been made within 24 hours," Mr. Saini said.

He said the bank had apprised the government that the incident primarily involved a particular branch of the bank in Chandigarh, involving four to five bank employees of middle and lower rung who colluded in the whole thing.

The government will ensure that anybody who is involved – be it a bank employee, private individual or even a government employee— will not be spared, he said.