idfc first bank

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    Haryana Government Investigates ₹590 Crore Bank Fraud

    Chandigarh, February 24 – The Haryana Vigilance and Anti-Corruption Bureau has registered an FIR in connection with a ₹590-crore fraud involving accounts of the Haryana government at the IDFC First Bank and AU Small Finance Bank branch in Chandigarh, a government official said on Tuesday.The...
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    State Government Investigates ₹590 Crore Fraud at IDFC First Bank

    Chandigarh, February 23 A day after IDFC First Bank exposed a ₹590-crore fraud involving accounts of the Haryana government, Chief Minister Nayab Singh Saini on Monday said the state's Anti-Corruption Bureau will conduct a thorough investigation and assured that those found guilty will not be...
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    State Government Oversight Questioned Amid Haryana Bank Fraud

    Chandigarh, February 23 The AAP alleged on Monday that the Rs 590-crore "bank fraud" reported in Haryana reflects "serious negligence and administrative failure" of the state's BJP government.In a statement issued here, Aam Aadmi Party's (AAP) national media in-charge Anurag Dhanda targeted...
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    State Probe Launched After Rs 590 Crore Fraud at IDFC First Bank

    Chandigarh, February 23 A day after IDFC First Bank exposed a Rs 590-crore fraud involving accounts of the Haryana government, Chief Minister Nayab Singh Saini said on Monday that the state's Anti-Corruption Bureau will conduct a thorough investigation and assured that those found guilty will...
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    Bank Fraud Investigation: IDFC First Bank Addresses Rs 590 Crore Discrepancy

    New Delhi, February 23 Reserve Bank Governor Sanjay Malhotra said on Monday that the central bank is monitoring the developments surrounding the alleged fraud of Rs 590 crore at IDFC First Bank, and assured that it was not a "systemic issue".The private sector IDFC First Bank had on Sunday...
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    Investigation Launched Over Rs 590 Crore IDFC First Bank Discrepancy

    Chandigarh, February 23 A day after IDFC First Bank revealed a fraud involving Rs 590 crore involving accounts of the Haryana government, the opposition Congress raised the issue in the Assembly on Monday, with Chief Minister Nayab Singh Saini announcing an investigation.Chief Minister Nayab...
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    Haryana Government Accounts Linked to Rs 590 Crore Fraud at IDFC First Bank

    New Delhi, February 23 Shares of IDFC First Bank plunged by 20% on Monday after the private sector lender disclosed a fraud of Rs 590 crore committed by its employees and others in accounts held by the Haryana government.The stock plummeted 19.99% to Rs 66.85 – also its lower circuit limit –...
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    Haryana Government Fraud at IDFC First Bank Under Review

    New Delhi, February 23 The RBI is monitoring the developments surrounding the Rs 590 crore fraud at IDFC First Bank, and there is no systemic issue, Governor Sanjay Malhotra said on Monday.IDFC First Bank had disclosed on Sunday that certain employees and others at a particular branch in...
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    Haryana Government Fraud: IDFC First Bank Details and Recovery Efforts

    Mumbai, February 23 The fraud involving Haryana government accounts worth Rs 590 crore is the result of collusion between employees of IDFC Bank and external parties, its Managing Director and Chief Executive, V Vaidyanathan, said on Monday.In a specially convened call for investors and...
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    Haryana Bars AU Small Finance Bank from Government Business

    New Delhi, February 23 AU Small Finance Bank has denied any wrongdoing in the alleged fraudulent opening of accounts after Haryana de-empaneled it from undertaking any government business.The Haryana government has de-empaneled AU Small Finance Bank, along with IDFC First Bank, from...
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    Haryana Government De-Empanels IDFC First & AU Small Finance Banks

    Chandigarh, February 22 The Haryana government has de-empaneled IDFC First Bank and AU Small Finance Bank for government business with immediate effect, according to an official circular.No government funds will be parked, deposited, invested, or transacted through these institutions, it said...
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    IDFC First Bank Discovers Rs 590 Cr Fraud Involving Haryana Government Accounts

    Mumbai, February 22 IDFC First Bank disclosed on Sunday that its employees and others had committed a fraud of Rs 590 crore involving accounts held by the Haryana government with the private sector lender.In a regulatory filing made in the early hours, IDFC First Bank said it had informed the...
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