IDFC First Bank shares crashed 15.55% to Rs 70.57. Earlier, the stock tanked 20% to Rs 66.85. Market cap of the bank slipped to Rs 58,259 crore.

IDFC First Bank: While the near-term financial hit seems manageable, the incident necessitates a comprehensive review of internal control to mitigate vulnerabilities, the brokerage said.

IDFC First Bank shares volatile after ₹590 crore fraud; Emkay, Motilal Oswal cut target price to ₹80, trim earnings estimates.

After a sharp sell-off, analysts believe IDFC First Bank’s valuation reset reflects the worst-case earnings impact of the ...

Given IDFC First Bank’s retail deposit-led model, reputational perception remains critical, and the stock could remain under ...

IDFC First Bank faces a ₹590 crore fraud linked to Haryana government accounts, leading to four suspensions and a forensic ...

IDFC First Bank drops after branch fraud, but JP Morgan sees a 30% upside—track updates and see if recovery is on the cards.

IDFC First Bank discovers suspected Rs 590 crore fraud at Chandigarh branch; join the Monday call for updates and investor ...

Motilal Oswal awaits further clarity on the developments and any potential recovery as authorities probe the issue.

The Mumbai-based private bank informed exchanges on Sunday about the incident linked to its Chandigarh branch. The stock reaction comes after the disclosure raised concerns over internal controls and ...

Nuvama downgraded UPL to hold, citing restructuring for a unified crop protection entity. Jefferies maintained a buy on IDFC First Bank after a suspected fraud disclosure. Morgan Stanley rated Dixon ...

RBI Governor Malhotra reassures that there's no systemic issue amid ongoing investigation into ₹590 crore fraud at IDFC First Bank.