Chandigarh, Feb. 24 -- The AU Small Finance Bank which was de-empaneled by Haryana government on February 18 after suspected fraudulent transactions were detected in IDFC First Bank accounts said on Monday that following a preliminary review, it has come to light that there was no indication of any financial impact or any fraudulent activity towards them.

The bank in a statement said it has though initiated an internal review. The statement said that as per their records, the Haryana government account was opened with an initial credit of Rs.25 crore transferred from a large private sector bank. It further said additional credits of Rs.47 crore were subsequently received through multiple transactions from IDFC First bank.

"Out of the to...