A KPMG forensic review confirmed the ₹646 crore fraud at IDFC First Bank's Chandigarh branch was an isolated incident involving collusion among employees and third parties.
The bank has already repaid the affected parties
Jun 06, 2026
05:17 pm
What's the storyA forensic review by KPMG has confirmed that the ₹646 crore fraud at IDFC First Bank's Chandigarh branch was an isolated incident.
The fraudulent activity involved collusion between bank employees, government officials, and third parties.
IDFC First Bank fraud was isolated case involving collusion: KPMG
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