What is the IDFC First Bank Rs 590 crore fraud case

Описание: IDFC First Bank has revealed a massive ₹590 crore fraud at its Chandigarh branch, primarily involving accounts connected to government entities. The irregularities were brought to light following requests from Haryana government departments for account closures and fund transfers, which exposed significant discrepancies between the reported and actual financial balances. This discovery has prompted immediate and stringent action from the bank and authorities.

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