IDFC First Bank reported a ₹590-crore fraud at a Chandigarh branch involving Haryana government accounts. While the bank claims the impact is manageable and isolated, the stock fell as the state government halted new deposits, raising fears of a broader shift toward PSU banks.
IDFC First Bank reported a ₹590-crore fraud at a Chandigarh branch involving Haryana government accounts. While the bank claims the impact is manageable and isolated, the stock fell as the state government halted new deposits, raising fears of a broader shift toward PSU banks. by Soban News (international And National News)