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The Economic Times

Economy / The Economic Times

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PSBs told to tighten scrutiny of government accounts amid fraud concerns

In response to a staggering 590 crore fraud uncovered in Haryana government accounts, the finance ministry has mandated that public sector banks must enhance their security measures. Banks are urged to conduct thorough reviews of their current practices, adopt more stringent Standard Operating Procedures, and strengthen security protocols to avert any future fraud incidents.

21 Jun 2026 11:59 pm