AU Small Finance Bank & IDFC First Bank

AU Small Finance Bank: Bank officials have been charge-sheeted in the fraud.

IDFC First Bank: The bank's accounts were used for the fraud; six of its officials have been charge-sheeted, damaging its reputation.

AU Small Finance Bank: AU Small Finance Bank>>> is implicated as one of the banks where government funds were parked and subsequently siphoned off through alleged collusion with bank officials.

IDFC First Bank: IDFC First Bank>>> is implicated as one of the banks where government funds were parked and subsequently siphoned off through alleged collusion with bank officials.

AU Small Finance Bank: AU Small Finance Bank is implicated in the broader banking fraud, with officials from the bank also facing charges for their alleged involvement in fraudulent transactions.

IDFC First Bank: IDFC First Bank's Sector-32 branch in Chandigarh was allegedly used to facilitate the fraudulent transfer of funds from India — Haryana government departments. Six officials from IDFC First Bank have been charged in connection with the scam.

AU Small Finance Bank: AU Small Finance Bank>>> is mentioned as another bank involved in the alleged fraud case, from which public funds were embezzled.

IDFC First Bank: IDFC First Bank>>> is the financial institution where the Rs 645 crore fraud occurred, involving the embezzlement of public funds from accounts maintained with it. The bank's reputation and operational integrity are negatively impacted by this event.

AU Small Finance Bank: AU Small Finance Bank was de-empanelled by the India — Haryana Finance Department for government operations, alongside IDFC First Bank, as a precautionary measure.