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    • ED freezes 90 bank accounts in Rs 597 crore IDFC First Bank scam 

      The funds — belonging to the Haryana government, Chandigarh Municipal Corporation and other government accounts — were meant to be parked as fixed deposits but were diverted without authorisation.

    • Chandigarh fraud: IDFC First Bank pays Rs 645 cr to settle claims, Rs 55 cr more than initial estimates

      IDFC First said it had completed reconciliation of all relevant accounts at the branch and had found no further discrepancies

    • Rs 590 crore fraud at IDFC First Bank brings govt-banking partnerships into focus

      The recent IDFC First Bank fiasco is not the first instance where the relationship between government departments and private banks has soured 

    • Is the worst over for IDFC First Bank? Fraud-hit lender's shares rise over 3% to hit four-day high

      Analysts now believe that the sharp sell-off has already priced in the worst-case impact on earnings and regulatory risks

    • Rs 590-crore IDFC First fraud: How four key accused channelled Rs 300 crore to private firm

      The accused — Ribhav Rishi, Abhay Kumar, Swati Singla and Abhishek Singla — were arrested by Haryana Police as part of the ongoing probe

    • IDFC First Bank says returned Rs 583 crore to Haryana govt but lender's shares aren't rising: Here's why

      'Even though the investigation in the matter is ongoing, we have paid out 100% of the principal and interest to the relevant departments of Haryana Government,' the lender said on February 24

    • Haryana CM says Rs 556 crore recovered from IDFC First Bank, lender's shares rise 1%

      'Even though the investigation in the matter is ongoing, we have paid out 100% of the principal and interest to the relevant departments of Haryana Government,' the lender said

    • Rs 590-crore fraud hit absorbed? Has IDFC First Bank stock priced in the worst-case impact

      After a sharp sell-off, analysts believe IDFC First Bank’s valuation reset reflects the worst-case earnings impact of the fraud disclosure

    • Neutral IDFC First Bank; target of Rs 80: Motilal Oswal

      Motilal Oswal recommended Neutral rating on IDFC First Bank with a target price of Rs 80 in its research report dated February 23, 2026.

    • IDFC First Bank shares see mild recovery today after steep selloff prompted by fraud fallout

      The modest rebound in IDFC First Bank shares today comes a day after the lender sought to reassure investors that the incident was isolated, confined to a specific set of Haryana government accounts at a single branch in Chandigarh, and not systemic.

    • IDFC First Bank to implement new fraud controls to prevent unauthorised debits

      Moves come after the the lender flagged a Rs 590 crore fraud in one of its branches in Chandigarh

    • IDFC First Bank: Bearish options bets spike days before Rs 590 crore fraud disclosure

      IDFC First Bank saw a sharp rise in bearish options positions before revealing a Rs 590 crore fraud in Haryana government accounts.

    • 'No systemic issue here': RBI Governor Sanjay Malhotra reacts to IDFC First Bank's Rs 590-crore fraud

      'We are watching the development, there is no systemic issue here,' says Malhotra

    • IDFC First Bank on Rs 590 cr fraud: No material profitability hit, high buffers will absorb impact

      IDFC First Bank said the Rs 590-crore suspected fraud will not materially impact financials, citing strong buffers, rising profitability and possible recoveries.

    • Shares of IDFC First Bank, AU Small Finance Bank crash up to 15% after de-empanelment by Haryana govt

      Share price crash comes after Haryana government de-empanels both IDFC First Bank and AU Small Finance Bank due to Rs 590-crore fraud at the former

    • IDFC First Bank shares fall up to 20% as lender discloses Rs 590-crore fraud by employees

      IDFC First Bank said that a preliminary internal review was conducted, and the matter is 'confined to a specific group of government-linked accounts within Haryana Government operated through the said branch in Chandigarh'

    • De-empanelled by Haryana, AU Small Finance Bank opens probe, sends staff 'offduty'

      The move comes after IDFC First Bank reported a Rs 590-crore fraud at its Chandigarh branch involving some Haryana government accounts

    • IDFC First Bank CEO vows necessary action after Rs 590-crore fraud, says will fix issues

      Our investors who know us for over a decade, trust us and appreciate our capability to build long term businesses with good governance, V Vaidyanathan tells Moneycontrol in an interview

    • Stocks to Watch Today: UPL, Cipla, Bharti Airtel, Vikram Solar, RailTel Corporation, Highway Infrastructure, IDFC First Bank in focus on 23 February

      Stocks to Watch, 23 Feb: Stocks like UPL, Cipla, Vikram Solar, RailTel Corporation of India, Highway Infrastructure, Bharti Airtel, Allcargo Terminals, IDFC First Bank, Sudarshan Pharma Industries, and MIC Electronics will be in focus on February 23.

    • IDFC First Bank Rs 590-crore fraud: 'Even govt money is not safe in banks,' say netizens

      While IDFC First Bank has pledged disciplinary, civil, and criminal action, the online backlash has highlighted a deeper erosion of public trust. Social media users also compared the incident with a recent Rs 60‑lakh gold loss at a Punjab National Bank locker, suggesting a pattern of failures across financial institutions.

    • IDFC First Bank flags Rs 590-crore fraud in Haryana govt-linked accounts at Chandigarh branch

      The lender, in a statement, said an investigation has been initiated and suspected employees have been placed under suspension

    • RBI Policy: Bet on these 9 rate-sensitive stocks as RBI maintains status quo with neutral stance

      Moneycontrol collated top 9 rate-sensitive stocks from experts to accumulate after the RBI policy decision:.

    • IDFC First Bank must refocus on corporate loans for margin protection

      Shedding corporate loans and going full throttle on retail was a survival strategy which now must change

    • Neutral IDFC First Bank; target of Rs 90: Motilal Oswal

      Motilal Oswal recommended Neutral rating on IDFC First Bank with a target price of Rs 90 in its research report dated January 31, 2026.

    • Stocks to Watch Today: Sun Pharma, Bajaj Auto, HBL Engg, OLA, IDFC First Bank, Blue Dart, MedPlus Health, SAIL, Glenmark Pharma, BDL, Delhivery in focus on 01 February

      Stocks to Watch, 01 Feb: Stocks like Sun Pharmaceutical, Bajaj Auto, GAIL India, NTPC, Jindal Steel, Bank of Baroda, Affle 3i, Delhivery, IDFC First Bank, Birla Corporation, ESAF Small Finance Bank, Intellect Design Arena, Bharat Dynamics, Clean Science and Technology, Central Depository Services, and Glenmark Pharmaceuticals will be in focus on February 1.

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