AU Small Finance Bank denies wrongdoing after Haryana govt de-empanels it amid IDFC First Bank fraud case

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Haryana government has de-empanelled AU Small Finance Bank and IDFC First Bank from government business due to alleged fraudulent account openings. AU Small Finance Bank denies wrongdoing, stating all KYC checks were completed and transactions were initiated by the government department. The bank maintains no financial impact at this stage.

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AU Small Finance Bank denies wrongdoing after Haryana govt de-empanels it amid IDFC First Bank fraud case

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