India, Feb. 23 -- Haryana chief minister Nayab Singh Saini and Reserve Bank of India (RBI) governor Sanjay Malhotra on Monday gave assurances that the money is safe, after an alleged Rs.590-crore fraud involving state government accounts came to light at IDFC First Bank.

CM Saini told the Vidhan Sabha in Chandigarh that the money involved in the IDFC First Bank case "will definitely come back". He also informed the House that the matter has been handed over to the Anti-Corruption Bureau (ACB) and the vigilance department, news agency PTI reported.

He further noted that IDFC First Bank had communicated with the Securities and Exchange Board of India (SEBI) claiming an employee was responsible for the irregularities.

In New Delhi, RBI go...