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Monday, June 8, 2026
TopicIDFC FIRST Bank

Topic: IDFC FIRST Bank

CBI alleges civil servant-bank nexus in Rs 661 cr IDFC First Bank fraud; 3 IAS, 1 IFS under scanner

First chargesheet, filed last month before special CBI court, details role of public servants, agency says. It also identifies Noida-based firm as key beneficiary of 'proceeds of crime'.

IDFC fraud wasn’t Rs 570 cr. ED probe reveals Rs 645 cr were siphoned from Haryana govt accounts

Gurugram: The deal was simple—open a firm in your name, sign blank cheques, and move cash around as directed in return for a fixed...

Rs 550 cr Haryana fund misappropriation now under CBI lens over ‘magnitude & complexity’ of fraud

CBI files FIR after case lodged in Feb by Haryana SV&ABC involving accounts in IDFC First Bank, AU Small Finance Bank. State flags ‘organised fraud’ with potential cross-border trails.

Haryana govt’s Rs 150-crore fixed deposits in Kotak go missing. It’s similar to ‘IDFC fraud playbook’

Fraudsters allegedly opened shadow accounts using Panchkula municipal corporation documents, routed funds out while sending fake renewal papers to assure officials.

Chandigarh Smart City funds in ‘ghost FDs’: IDFC First bank manager, accountant booked in Rs 116 cr fraud

Amit Kumar, Commissioner of the Municipal Corporation of Chandigarh, said that IDFC First Bank returned Rs 116.84 crore, including interest, after the fraud came to light.

IDFC FIRST Bank fraud is not a credit-quality story. It is about governance

Risk has not been eliminated. It has changed its form—shifting from balance-sheet strain due to non-performing loans to the operational challenges of managing vast, rapidly evolving digital flows.

On Camera

Why the new Tata Tiago EV doesn’t need a bigger battery

This is not a long-distance cruiser. And because the battery pack is smaller, ergo lighter, the Tiago EV doesn’t feel heavy to drive. It feels nice and dynamic, like a small hatchback should.

India’s GDP beats estimates to grow at 7.7% in FY26, manufacturing & services sector drive growth

CEA Nageswaran cites broad-based recovery in consumption and investment even as RBI cuts FY27 growth forecast to 6.6% amid West Asia-related inflation risks

India-Pakistan held 3 rounds of Track II talks after Op Sindoor with focus on conflict management

EXCLUSIVE | Track II diplomacy between the two sides has shifted gears post Op Sindoor, with more structured discussions focused on conflict management rather than dispute resolution.

Three destroyers of Brand India. It’s all in our cities

The central curse of our urban governance isn’t that more voters live in these slummified villages. It’s that the political class panders to them instead of improving their quality of life.