An FIR has been registered in connection with an alleged ₹590 crore financial fraud involving IDFC First Bank, triggering a major crackdown by authorities. The Haryana State Vigilance and Anti-Corruption Bureau (ACB) has taken strict action in the case, naming bank officials among others.

According to officials, the case pertains to large-scale financial irregularities and misuse of public funds. The ACB has registered the FIR under multiple sections of the Bharatiya Nyaya Sanhita (BNS), including Section 316(5) for criminal breach of trust and Section 318(4) for serious fraud.

Authorities have also invoked Sections 338 and 340(2) related to the use of forged documents for transferring government funds. Additionally, charges under the Prevention of Corruption Act, including Section 13(2), and BNS Section 61(2) for criminal conspiracy have been applied.

Investigators say the alleged scam involved fraudulent transactions and manipulation of official procedures, resulting in significant financial losses. The probe is currently underway, and further action is expected as the investigation progresses.

Officials have stated that no one involved will be spared and strict legal action will be taken against those found guilty.