Kotak Mahindra Bank files complaint over FD discrepancies
after close1 source ↓written by the desknot a recommendation
- Deposit Receipts totaling
- ₹150 crore
Kotak Mahindra Bank Ltd. has lodged a police complaint after the Panchkula municipal corporation identified discrepancies in Fixed Deposit Receipts totaling ₹150 crore. The bank is conducting a detailed reconciliation and cooperating with authorities, including the Haryana State Vigilance Bureau. This situation may raise concerns about the bank's operational integrity and could impact investor sentiment.
Not investment advice. For informational purposes only.