IDFC First Bank Probes Suspected ₹590 Crore Fraud in Government Accounts
Synopsis: IDFC First Bank Limited has uncovered a massive “unauthorized and fraudulent” scheme involving approximately ₹590 crore (approx. $65 million) across accounts linked to the Haryana government. The bank has suspended four employees at its Chandigarh branch and initiated a forensic audit to track the diverted funds. In a significant regulatory filing on February 22, […]












