Haryana government mandates Finance Department approval for opening accounts in private banks, citing a Rs 590-crore fraud. All state entities must close accounts with IDFC First Bank and AU Small Finance Bank immediately. New guidelines aim to enhance financial discipline, prevent fund misuse, and ensure optimal returns on deposits, with strict accountability for compliance. Haryana government mandates Finance Department approval for opening accounts in private banks, citing a Rs 590-crore fraud. All state entities must close accounts with IDFC First Bank and AU Small Finance Bank immediately. New guidelines aim to enhance financial discipline, prevent fund misuse, and ensure optimal returns on deposits, with strict accountability for compliance.
