Idfc First Bank

IDFC First Bank fraud case: FIR registered, Haryana ACB begins probe

A committee formed by the director of the development and panchayats department of Haryana has recommended a police investigation after uncovering alleged forgery and procedural lapses involving officials from both IDFC First Bank and AU Small Finance Bank. This committee was formed on February 11 to inquire into the matter related to IDFC Bank First accounts regarding "mismatch/issues". The findings of this committee have been included in the FIR registered by the State Vigilance Anti-Corruption Bureau, following directives from the state government. On Sunday, the IDFC First Bank disclosed a Rs 590-crore fraud committed by its employees and others in accounts held by the Haryana government. The Anti-Corruption Bureau is currently conducting a probe into this matter. An FIR in the matter has been lodged under Section 13 (2) of the Prevention of Corruption Act, and Sections 316(5) (criminal breach of trust) 318(4) (cheating), 336(3) (forgery), 338 (forgery of valuable security), .

IDFC First Bank pays ₹583 cr to Haryana govt after detecting fraud

IDFC First Bank refunds Rs 583 crore to Haryana government after detecting a Rs 590-crore fraud, engages KPMG for a forensic audit and works with authorities on recovery

All funds lost in IDFC First Bank fraud recovered, says Haryana CM

Haryana Chief Minister Nayab Singh Saini on Tuesday informed the State Assembly that the state government had recovered nearly Rs 556 crore owed to it in the IDFC First Bank case. "Nearly Rs 556 crore, including nearly Rs 22 crore in interest, came back within 24 hours," Saini said in the House. On Sunday, the bank disclosed a Rs 590-crore fraud committed by its employees and others in accounts held by the Haryana government. "I want to clarify before the House that the money concerning Haryana government departments, (the) entire amount has been deposited back into our accounts...The recovery has been made within 24 hours," Saini said. He said the bank had apprised the government that the incident primarily involved a particular branch of the bank in Chandigarh, involving four to five bank employees of middle and lower rung who colluded in the whole thing. The government will ensure that anybody who is involved be it a bank employee, private individual or even a government emplo

IDFC First Bank, AU Small Finance Bank: How do these stocks look on charts?

Drumil Vithlani, Technical Analyst at Bonanza, decodes trading strategy in IDFC First Bank, AU SFB following the recent adverse stock reaction on the NSE.

Chandigarh branch fraud: IDFC First Bank to pay Haryana govt ₹590 cr soon

RBI Gov says issue not systemic; bank term it an isolated incident

IDFC First Bank target, earnings estimates slashed after ₹590 cr fraud

Emkay Global has cut its FY26, FY27 and FY28 earnings estimates by 30 per cent, 13 per cent and 9 per cent, respectively

Stocks to Watch today, Feb 24: BPCL, IDFC First Bank, Vi, Mobikwik, M&M

Stocks to Watch today, February 24, 2026: From IDFC First Bank to BPCL, here is a list of shares that will be on investors' radar today

Anti-Corruption Bureau to probe IDFC First Bank fraud case: Haryana CM

A day after IDFC First Bank disclosed a Rs 590-crore fraud involving Haryana government accounts, Chief Minister Nayab Singh Saini on Monday said the state's Anti-Corruption Bureau will conduct an in-depth probe and assured those found guilty will not be spared. Saini said the state government has also decided to form a high-level committee comprising of IAS officers which will also look into the matter and conduct probe. The opposition Congress on Monday raised the issue in the Assembly, with Chief Minister Saini announcing a probe. Saini assured the House that a probe has been ordered and the state's Anti-Corruption Bureau and the vigilance are investigating the matter and will conduct an in-depth investigation. Be it a bank or government employee, anyone who is found involved will not be spared, Saini told the House. Speaking to reporters later at the end of the day's proceedings in the Assembly, Saini said, "We have handed over the matter to Anti-Corruption Bureau and a case h

IDFC First calls Chandigarh fraud 'isolated' incident, says impact limited

IDFC First Bank says the Rs 590 crore fraud at its Chandigarh branch was an isolated case, suspends staff, appoints KPMG for forensic audit, and asserts it has adequate buffers to absorb the impact

IDFC First Bank cracks 20% on ₹590 cr fraud; Near-term volatility likely

IDFC First Bank identified an incident involving alleged unauthorised and fraudulent activities by certain employees at a branch in Chandigarh

₹590 cr fraud at IDFC First Bank's Chandigarh branch: Is money at risk?

A preliminary internal review indicates that the matter is confined to a specific group of government-linked accounts of the Haryana government operated through the Chandigarh branch

IDFC First Bank reports ₹590 crore fraud at its Chandigarh branch

Affected accounts belong to Haryana govt ; 4 suspended

IDFC First Bank Q3FY26 results: Net profit rises 48% to ₹503 crore

IDFC First Bank on Saturday reported a 48 per cent increase in net profit to Rs 503 crore for the third quarter ended December 2025. The private sector lender had earned a net profit of Rs 339 crore in the same quarter a year ago. Total income increased to Rs 12,542 crore during the quarter from Rs 11,123 crore in the same period a year ago, IDFC First Bank said in a regulatory filing. Interest income increased to Rs 10,417 crore from Rs 9,343 crore in the same quarter a year ago. Net Interest Income (NII) increased to Rs 5,492 crore in the third quarter of FY26 from Rs 4,902 crore in the third quarter of the previous financial year. However, Net Interest Margin (NIM) eased to 5.76 per cent in the quarter from 6.04 per cent recorded in the December quarter of the last year. On the asset quality front, the bank's gross non-performing assets ratio moderated to 1.69 per cent from 1.94 per cent a year ago. However, net NPAs, or bad loans, marginally increased to 0.53 per cent from 0

Q3 results: Sun Pharma, GAIL, IDFC first bank, Delhivery, 72 more on Jan 31

Q3FY26 company results: Firms including Bharat Dynamics, ZF Steering Gear India, R R Kabel, Finolex Industries and Reliance Infrastructure are also to release their October-December earnings today

IDFC First Bank cuts savings account rates, introduces new balance slabs

The interest slabs and rates for higher balance accounts remain unchanged

IDFC First rises as Nomura starts coverage with 23.5% upside forecast

Nomura rated IDFC First Bank 'Buy' and gave a target price of ₹105

Trading guide, Dec 10: Check key Nifty levels to watch; two stocks to buy

During the weekly expiry session, Nifty witnessed heightened volatility and ended the day at 25,839, down 120 points

IDFC First Bank expects NIM to improve from Q3: MD & CEO V Vaidyanathan

V Vaidyanathan says the bank's net interest margins have likely bottomed out and will improve as CASA strengthens and cost of funds continues to fall

India Inc's earnings pulse weakens after Q1: Top 5 EPS upgrades, downgrades

Brokerages trim FY26 estimates for 130 of 192 BSE 200 companies, with a median EPS downgrade of 3.5%

IDFC First Bank's micro loan stress may bottom out in 2 quarters: MD & CEO

The bank expects its microfinance stress to ease in the next couple of quarters, after which it plans to grow its book in a measured way, while also putting a proposal to vote at the upcoming AGM