April 28, 2026

IDFC First Bank fraud

Money recovered, accused arrested — What’s happening in the IDFC First Bank Rs 590 crore scam case? Top developments – The Times of India

Money recovered, accused arrested — What’s happening in the IDFC First Bank Rs 590 crore scam case? Top developments – The Times of India

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Haryana’s State Vigilance and Anti-Corruption Bureau has arrested four people in connection with the Rs 590 crore fraud involving IDFC First Bank, officials said on Wednesday. Those arrested include two former bank employees and two private individuals who operate a partnership firm. The arrests were made late Tuesday as the investigation gathered pace.This follows the…

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IDFC First Bank fraud case: RBI ‘watching development’; what the central bank said – The Times of India

IDFC First Bank fraud case: RBI ‘watching development’; what the central bank said – The Times of India

admin04 mins

IDFC First bank has filed police complaints, informed regulators and statutory auditors, and begun recovery measures. The Reserve Bank of India (RBI) on Monday reacted to the IDFC First Bank fraud case that came to light over the weekend. “We are watching the development, there is no systemic issue,” RBI governor Sanjay Malhotra said.The Rs…

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