IDFC First Bank reported a Rs 590-crore fraud involving employees and others in Haryana government accounts. The fraud ...

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The final impact would depend on validation of claims, recoveries — including through lien marking of balances in suspected beneficiary accounts held with other banks — liabilities of entities ...

IDFC First Bank shares hit 10% lower circuit after revealing fraudulent transactions worth ₹590 crore at its Chandigarh branch. The Haryana government de-empanelled the bank from handling state ...

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IDFC First Bank share price has tumbled nearly 20% after disclosing a Rs 590 crore fraud at its Chandigarh branch. While ...

IDFC First Bank reported a Rs 590 crore fraud at its Chandigarh branch involving Haryana government-linked accounts. Four officials were suspended, police informed, and a forensic audit initiated. The ...

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The quantum of fraud detected by the bank is more than the ₹503 crore net profit it reported for the October-December quarter of 2025-2026.

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The matter is confined to a specific group of government-linked accounts within the Haryana Government operated through the said branch in Chandigarh and does not extend to other customers, says IDFC ...