IDFC FIRST Bank has repaid 100 per cent of the principal amount claimed by departments of the Government of Haryana following a fraud incident at one of its branches in Chandigarh, the bank said in an official statement.
IDFC FIRST Bank has credited ₹583 crore to departments of the Government of Haryana within 24 hours, honouring 100 per cent of the principal and interest claimed following a fraud incident at its Chandigarh branch.
Most of India's key macroeconomic indicators have remained in a healthy range over the last four decades with notable improvement in recent years, said Poonam Gupta, Deputy Governor, Reserve Bank of India.
On the fourth anniversary of the invasion, European leaders visited Kyiv to show solidarity. While President Zelenskyy and President Macron claimed Russia's military and strategic failure, Moscow insisted on addressing conflict "root causes". Meanwhile, the World Bank raised Ukraine's rec
Mumbai (Maharashtra) [India], February 24: TransUnion CIBIL, India's leading credit information company, today announced the integration of the consumer CIBIL Score and Report into State Bank of India's (SBI) You Only Need One (YONO) app. Seamless incorporation of the score and report allows
TransUnion CIBIL and State Bank of India's YONO app have collaborated to integrate the CIBIL score and report into the bank's everyday digital banking platform, according to a TransUnion CIBIL release. The integration allows SBI YONO customers to access and monitor their credit information,
Haryana Chief Minister Nayab Singh Saini on Tuesday confirmed that the Rs 578 crore lost in a fraud at IDFC First Bank, including funds of state departments and boards, was fully recovered within 24 hours, with Rs 556 crore deposited and Rs 22 crore interest returned.
The Asian Development Bank (ADB) has signed a senior secured debt financing package of up to USD 108 million (in Indian rupee equivalent) with Aavas Financiers Limited to expand access to affordable housing loans for lower-income households and business loans for micro, small, and medium-siz
The ruling of the US Supreme Court striking down tariffs imposed by US President Donald Trump under the International Emergency and Economic Powers Act (IEEPA) is likely to create winners and losers among global economies, with India, China, and Brazil emerging as beneficiaries, while the Eu
India's economy is expected to maintain strong growth momentum, with GDP projected to expand by around 8.1 per cent in the third quarter of the current financial year (FY26), according to a report by the State Bank of India (SBI).
New Delhi [India], February 24: VideoCX.io, India's leading Video KYC and Video Banking platforms and a pioneer of Personal Discussion on Video (Video PD) since 2018, today announced the launch of its AI-powered Video PD module, further strengthening the credit underwriting process across In
Haryana Chief Minister Nayab Singh Saini on Monday said that a First Information Report (FIR) has been registered in connection with the Rs 590 crore fraud case involving IDFC First Bank, asserting that a comprehensive probe is underway and strict action will be taken against those found