IDFC First Bank shares had declined as much as 20% on Monday after it disclosed a ₹590 crore fraud, which was a ...

According to BofA, IDFC First disclosed a fraud incident related to a Haryana government account, resulting in a reconciliation discrepancy of around Rs 590 crore.

Bank of America Securities downgraded IDFC First Bank to 'Neutral' from 'Buy' and reduced its 12-month target price to Rs 75 ...

Multinational brokerage BofA Securities has downgraded the rating on IDFC First Bank Ltd. stock and slashed the share price ...

Analysts now believe that the sharp sell-off has already priced in the worst-case impact on earnings and regulatory risks ...

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

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 ...

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

IDFC First Bank share price has tumbled nearly 20% after disclosing a Rs 590 crore fraud at its Chandigarh branch. While ...

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

IDFC First Bank said it has refunded 100 per cent of the principal and interest amount claimed by the relevant departments of the Haryana government ...