banking sector news

IDFC First Bank Share Price Crashes Record 20% Amid ₹590 Crore Chandigarh Fraud; Investors, Including Indian Government, Suffer ₹14,300 Crore Losses

IDFC First Bank Share Price Crashes Record 20% Amid ₹590 Crore Chandigarh Fraud; Investors, Including Indian Government, Suffer ₹14,300 Crore Losses

IDFC First Bank shares plunged 20% after a ₹590-crore Chandigarh fraud, wiping out ₹14,300 crore in investor wealth. Investors, including…

February 23, 2026

HDFC Bank Gets Green Signal From RBI To Hold 9.5% In IndusInd Bank

HDFC Bank receives RBI approval for group entities to hold up to 9.50% stake in IndusInd Bank. Compliance, monitoring, and…

December 16, 2025