IDFC First Bank, AU Small Finance Bank de-empanelled for govt business in Haryana
Published on: Feb. 22, 2026, 10:06 p.m. | Source: The Economic Times
In several cases, it has been observed that despite clear instructions to place funds in flexible deposits or other fixed deposit instruments offering higher rates of interest, banks are retaining the funds in savings accounts, resulting in lower returns and consequent financial loss to the Government, as per the notification.
