Investigators probing the ₹590-crore IDFC First Bank fraud have uncovered a carefully crafted web of shell companies and ...

A preliminary internal review indicates that the matter is confined to a specific group of government-linked accounts of the Haryana government operated through the Chandigarh branch ...

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

IDFC First Bank had revealed a serious financial irregularity of Rs 590 crore connected to accounts linked with the Haryana ...

IDFC First Bank reported a suspected ₹590 crore fraud in Haryana government accounts, linked to staff at its Chandigarh ...

In a regulatory filing, the lender said it has paid a net principal amount of Rs 645 crore to claimants. This is Rs 55 crore higher than the bank’s initial estimate of Rs 590 crore disclosed earlier.

IDFC FIRST Bank said the Rs 590 crore fraud at its Chandigarh branch is an isolated case with limited financial impact. CEO V. Vaidyanathan assured strict action, forensic audit by KPMG, and recovery ...

After an alleged ₹590-crore fraud involving Haryana government-linked accounts came to light, the state government on Sunday de-empanelled private lenders - IDFC First Bank and AU Small Finance Bank - ...

Private sector lender IDFC First Bank on Tuesday said it has settled claims related to the fraud detected at its Chandigarh branch at ₹645 crore and confirmed that no additional discrepancies have ...

The Enforcement Directorate (ED) found that the accused embezzled public money by routing and layering funds across multiple shell entities, the ED said in a statement.

Will IDFC First Bank fraud affect other customers of the Chandigarh Branch? Is their FD, savings account money safe? Check details ...