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IDFC First Bank to get Rs 35 cr relief under employee dishonesty cover

IDFC FIRST Bank will get Rs 35 crore from its employee dishonesty insurance. This follows a Rs 590 crore fraud at its Chandigarh branch. The bank's management confirmed this to investors. The fraud impacted the bank's stock, causing a significant drop. The bank has suspended officials and launched a forensic probe.

23 Feb 2026 11:15 pm