MUMBAI: On a day its stock slid 16%, IDFC First Bank said it will remain profitable despite a Rs 590-crore hit from fraudulent transactions in Haryana govt-linked accounts, traced to employee ...
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 declined more than 2% on Friday ahead of the Q4 results. IDFC First Bank shares plunged as much as 2.88% to ₹65.68 apiece on the BSE. Private sector lender IDFC First Bank ...
IDFC First Bank is expected to witness a sharp year-on-year (YoY) drop in its net profit for the January-March 2025 quarter due to elevated provisions and asset quality challenges. While the bank’s ...
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