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IDFC First Bank stock price today: Shares of IDFC First Bank tumbled on Monday, hitting the 20% lower circuit at Rs 66.85 on the BSE. This sharp selling comes after the bank disclosed a Rs 590 crore fraud at its Chandigarh branch.Around 10:25 am, IDFC First Bank Ltd was trading down 18.84% or 15.73 points…
MUMBAI: IDFC First Bank has reported a Rs 590-crore discrepancy in deposits held on behalf of Haryana govt at its Chandigarh branch, and suspended four employees pending investigation.The bank’s filing comes after the state directed its departments to close accounts with private lenders on Feb 18. The matter was escalated to the bank’s board at…
MUMBAI: IDFC First Bank Ltd reported a Rs 590 crore discrepancy in deposits held on behalf of the Haryana Government at its Chandigarh branch, identified four employees as suspects and suspended them pending investigation. The bank’s filing comes after the state directed its departments to close accounts with private lenders on February 18. The matter…
MUMBAI: IDFC First Bank reported a 48.1% jump in net profit to Rs 503 crore for the third quarter ended December, from Rs 339 crore in the corresponding quarter last year. The increase was helped by higher core income, lower sequential provisions and an improvement in asset quality.The bank’s bottom line improved aided by stronger…
MUMBAI: IDFC FIRST Bank reported a 76% rise in profit after tax (PAT) to Rs. 352 crore for Q2 FY26, driven by lower provisions and growth in its retail and commercial businesses. The bank’s CASA ratio crossed 50% for the first time, reflecting improved funding stability.The PAT jump was supported by a 16.2% YoY decline…
