IDFC First Bank's stock tumbles 20 pc after Rs 590-cr fraud
Published on: Feb. 23, 2026, 3:40 p.m. | Source: Daily Excelsior
NEW DELHI, Feb 23: Shares of IDFC First Bank tumbled 20 per cent on Monday after the private sector lender disclosed a Rs 590-crore fraud committed by its employees and others in accounts held by the Haryana government. The stock nosedived 19.99 per cent to Rs 66.85 — also its lower circuit limit — on the BSE. The move came after the Haryana government de-empanelled AU Small Finance Bank, along with IDFC First Bank, from undertaking any government business over […]
