How a Rs 590-crore fraud unfolded at IDFC FIRST Bank

IDFC FIRST Bank is in trouble after a Rs 590-crore scam was discovered at its Chandigarh branch in Haryana. Investigations ...

IDFC First Bank to implement new fraud controls to prevent unauthorised debits

IDFC First Bank said on February 23 that it will implement an explicit system for high-value transactions that exceed a predefined threshold at branches, and will further take implicit confirmation ...

IDFC First Bank shares to be in focus post disclosure of Rs 590-crore fraud

IDFC First Bank, which had a tough 2024-25 financial year amid the troubles in the microfinance industry, saw a turnaround in the third quarter. But, this disclosure of a fraud, which is potentially ...

Shares of IDFC First Bank, AU Small Finance Bank crash up to 15% after de-empanelment by Haryana govt

Share price crash comes after Haryana government de-empanels both IDFC First Bank and AU Small Finance Bank due to Rs 590-crore fraud at the former ...
Reuters

India's IDFC First Bank tanks 20% on suspected $65 mln fraud

Mid-sized lender's share price drops 20% IDFC First Bank disclosed suspected fraud over the weekend Analysts flag hit to 2025-26 profit after tax, raise governance concerns Sign up here. IDFC First ...