Shares of India's IDFC First Bank Ltd. fell by a fifth on Monday after ₹590 crore fraud was detected at its branch in Chandigarh. V. Vaidyanathan, chief executive officer of IDFC First Bank. (Reuters) ...

The vibes and substance from the Fed meeting will be the main question mark for Wednesday, even if the rate decision is clear (no action expected).

The scale of the suspected fraud is larger than the bank’s third-quarter net profit of Rs 503 crore. (AI image) IDFC First Bank fraud: A Rs 590 crore fraud, at IDFC First Bank’s Chandigarh branch, has ...

IDFC First Bank share price: IDFC First Bank shares extended their fall as they crashed 20% on Monday, February 23, after the lender informed stock exchanges that it had uncovered fraudulent ...

IRONDEQUOIT, N.Y. — A driver is on “life-sustaining medical equipment” after his pickup truck crashed and rolled over at the traffic circle of Seabreeze Drive and Titus Avenue on Monday. Irondequoit ...

IDFC First Bank on Monday said it is engaging with various investigative agencies to recover ₹590 crore lost due to a fraud at its Chandigarh branch, where the Haryana government had multiple accounts ...

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 ₹590-crore fraud involving state ...

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. Photograph: Kind courtesy Wikimedia Commons Key Points ₹590 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for ...

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IDFC First Bank is investigating if the documents at the centre of an alleged ₹590 crore fraud at its Chandigarh branch were genuine or forged, two people familiar with the matter said, even as it has ...

IDFC First Bank said it has high liquidity buffers and strong profitability metrics to absorb the impact of the suspected Rs 590-crore fraud, calling it a specific isolated incident at one branch, ...