Kotak Mahindra Bank fraud case: Relationship Manager Dileep Raghav held for false FD reports

Haryana Police have arrested Dileep Kumar Raghav, a former Kotak Mahindra Bank official. He is accused of sending fake reports about fixed deposits to Panchkula Municipal Corporation. The fraud involves around 150 to 160 crore rupees. Discrepancies emerged during fund reconciliation. The bank is cooperating with investigations and reviewing its processes. Multiple individuals are under scrutiny for potential collusion.

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