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IDFC Bank scam: 3 ex-employees remanded in Rs 200-crore fraud case
A local court has granted a 7-day remand of three accused in the IDFC First Bank fraud case involving over Rs 200 crore, related to the accounts of Chandigarh Municipal Corporation and Chandigarh Renewable Energy and Science & Technology Promotion Society (CREST). The Chandigarh Police brought the three accused, Ribhav Rishi, Abhay Kumar, and Seema […]
cityfalcon.com·21h ago
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Investor confidence in India’s private banks remains intact—for now.
Industry executives say the issues at IndusInd Bank, IDFC First Bank, and HDFC Bank are largely company-specific and not systemic.
cityfalcon.com·1d ago
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IDFC First Bank scam: Chandigarh court grants 7-day police custody of businessman Vikram Wadhawa in fresh FIR
A Chandigarh court on Thursday remanded businessman Vikram Wadhawa, the prime accused in the IDFC First Bank scam, to seven days of police custody in connection with another FIR registered on March 12 following a complaint by Sukhwinder Singh, Project Director of the Chandigarh Renewable Energy & Science & Technology Promotion Society (CREST). The police […]
cityfalcon.com·5d ago
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Court allows Vikram Wadhwa to meet lawyer during police remand in IDFC Bank fraud case
A local court has allowed an application filed by businessman Vikram Wadhwa, a key accused in the IDFC First Bank fraud case, directing the Chandigarh Police to allow his advocate to meet him during the remand period as per Section 38 of the BNSS. In the application, filed through advocate Vinay Yadav, Wadhwa stated that […]
cityfalcon.com·7d ago
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IDFC bank fraud: Luxury cars, properties bought, 100+ accounts frozen; What we know so far?
A massive fraud amounting to Rs 590 crore has come to light at IDFC First Bank’s Chandigarh branch, involving government funds from several Haryana state departments. The case has already led to multiple arrests, account freezes, and ongoing investigations by state and central authorities. The fraud was uncovered when discrepancies were noticed in specific government […]
cityfalcon.com·7d ago
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