
Haryana State Vigilance arrested Kotak Mahindra Bank's former deputy vice-president Pushpender Singh, 41, in a Rs 150 crore fraud case involving Panchkula Municipal Corporation accounts. Investigators claim Singh received Rs 30-35 crore and purchased Mercedes, Harley-Davidson, and Jeep vehicles. A Panchkula court granted five days custody. Six people arrested so far. Kotak returned Rs 127 crore to the municipality.