IDFC First Bank under scrutiny after Rs 590 crore fraud. (Image: Reuters) IDFC First Bank is the stock of the moment. The share price of IDFC First Bank has crashed nearly 20% on the Rs 590 crore ...
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IDFC First Bank’s MFI provision will go down every quarter from now; opex will fall further to 12-13%: V Vaidyanathan
V Vaidyanathan, MD & CEO, IDFC First Bank, says the provisioning for MFI has peaked and in FY26 the base effect of the MFI book would kick in. Further opex will come down and there will be a marked ...
IDFC First Bank Ltd MD and CEO V Vaidyanathan in a concall on Monday morning said the bank would scan every nook and corner for any process gaps or employee-collusion fraud and would make the ...
IDFC First Bank on Monday said it is engaging with various investigative agencies to recover ₹590 crore lost due to a fraud at its Chandigarh branch, where the Haryana government had multiple accounts ...
IDFC First Bank, in a detailed investor concall on Monday, said the recently disclosed fraud at its Chandigarh branch is confined to a single location, involves employee collusion with third parties, ...
IDFC First Bank managing director and chief executive officer V Vaidyanathan IDFC First Bank managing director and chief executive officer V Vaidyanathan said that AI can democratise access to ...
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