Regulatory
The India — Enforcement Directorate arrested Pushpinder Singh, former Deputy Vice President of Kotak Mahindra Bank, for allegedly masterminding a Rs 145 crore fraud involving the India — Municipal Corporation, Panchkula. Singh, along with former…
Impact: The India — Municipal Corporation, Panchkula is the victim of the Rs 145 crore fraud, with its funds allegedly siphoned off through unauthorized bank accounts opened by former bank and municipal officials. The event highlights vulnerabilities in its financial oversight.
Jun 01, 2026 · 6 articles