au small finance bank
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Loan Growth Outpaces Deposits in Q4 for IDBI, Kotak, and AU SFB
New Delhi, April 4 IDBI Bank, controlled by LIC, reported a 16 per cent increase in loan growth to ₹2.53 lakh crore for the quarter ended March 2025 on Saturday.The bank's total advances stood at ₹2.18 lakh crore as of March 31, 2025, IDBI Bank said in a regulatory filing.The lender reported... - K
IDFC First Bank Re-Rating Delayed Amid Fraud Concerns
IDFC First Bank Downgraded by BoFA Securities; Price Target Cut to ₹75 After ₹590 Crore Fraud Disclosure Shares of IDFC First Bank Ltd. are set to remain in focus on Thursday, February 26, after brokerage firm BoFA Securities downgraded the stock and reduced its price target following recent... - K
IDFC First Bank Returns ₹583 Crore to Haryana Government
IDFC First Bank Pays ₹583 Crore to Haryana Government After ₹590 Crore Fraud at Chandigarh Branch Bank Clears Principal and Interest Amid Ongoing Investigation New Delhi, February 24: IDFC First Bank has paid ₹583 crore to the relevant departments of the Haryana government, covering 100 percent... - K
IDFC First Bank Shares Hit 20% Lower Circuit After ₹590 Crore Haryana Government Fraud Disclosure
IDFC First Bank Stock Crashes Following Fraud Revelation New Delhi, February 23: Shares of IDFC First Bank plunged by 20 percent on Monday after the lender disclosed a ₹590 crore fraud involving accounts linked to the Haryana government.The stock tumbled 19.99 percent to ₹66.85 on the BSE... - K
IDFC First Bank Shares Hit 20% Lower Circuit After ₹590 Crore Fraud Disclosure
Stock Crashes as Fraudulent Transactions Surface at Chandigarh Branch Mumbai, February 23: Shares of IDFC First Bank tumbled to the 20 per cent lower circuit on Monday after the lender disclosed fraudulent transactions amounting to around ₹590 crore at its Chandigarh branch.The stock fell...- Karthik
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- account reconciliation au small finance bank bank investigations bank suspensions banking sector chandigarh branch financial crime financial loss financial reporting fixed deposits fraudulent transactions haryana government accounts idfc first bank regulatory compliance state government finances
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- Forum: Business
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AU Small Finance Bank Denies Wrongdoing After Haryana De-Empanels It Over Alleged Account Fraud
New Delhi, February 23: AU Small Finance Bank has denied any wrongdoing in connection with the alleged fraudulent opening of accounts after the Haryana government de-empaneled it from undertaking government business in the state.In a circular issued by the finance department, the Haryana... - K
Haryana Government De-Empanels IDFC First & AU Small Finance Banks
Chandigarh, February 22 The Haryana government has de-empaneled IDFC First Bank and AU Small Finance Bank for government business with immediate effect, according to an official circular.No government funds will be parked, deposited, invested, or transacted through these institutions, it said...- Karthik
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- account management au small finance bank bank accounts banking regulations banking sector financial fraud financial reconciliation financial reporting fixed deposits fraud investigation government funds haryana government idfc first bank regulatory compliance state government
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- Forum: Business
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Haryana Government Bars IDFC First Bank and AU Small Finance Bank After Rs 590 Crore Fraud Disclosure
Immediate Ban on Government Transactions in Haryana Haryana Government has removed IDFC First Bank and AU Small Finance Bank from handling all government business in the state with immediate effect, following the disclosure of an alleged fraud of around Rs 590 crore.In an official circular...- Karthik
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- account closure account reconciliation au small finance bank bank investigations chandigarh branch financial loss financial transactions fixed deposits forensic audit government fraud haryana government idfc first bank recovery efforts regulatory filings suspended officials
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- Forum: Business
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AU Small Finance Bank Launches Dedicated Gold Loan Branch Network, Begins Nationwide Secured Lending Expansion
New Delhi, February 17: AU Small Finance Bank on Tuesday announced the launch of its dedicated gold loan branch network, marking a significant step in its broader nationwide expansion strategy in secured retail lending.The move signals the bank’s intent to deepen its footprint in the gold loan...