IDFC First Bank Under Scrutiny After Rs 590 Crore Fraud; Shares Drop 20%
IDFC First Bank suspends 4 employees and orders forensic audit after uncovering branch-level irregularities Chandigarh: IDFC First Bank came under heavy pressure after it revealed a suspected fraud of about Rs 590 crore at its Chandigarh branch. As soon as the news became public, investors reacted strongly and started selling…