IDFC First Bank faces a Rs 590-crore fraud, originating from a government account discrepancy, leading to significant financial and trust-related challenges.

IDFC First Bank is currently delving into a potential ₹590 crore fraud case linked to its Chandigarh branch. The alarm was ...

IDFC First Bank said it had detected irregularities in accounts related to the State government of Haryana. According to the lender, the suspected fraud took place at the branch level, wherein ...

The Tribunal upheld deletion of addition under Section 68, holding that reliance on an investigation report without independent verification and without disproving documentary evidence cannot sustain ...

On February 18, 2026, President Bola Tinubu signed Executive Order No. 9, directing the Nigerian National Petroleum Company Limited (NNPCL) to remit its revenues directly to the Federation Account ...

The Tribunal ruled that mere circulation of funds among group entities does not prove round-tripping unless supported by cogent evidence. Suspicion alone cannot justify addition under Section ...

New York, USA (PinionNewswire) — Braznex introduces its core infrastructure, the Unified Multi-Asset Ledger. The system addresses capital friction in cross-market portfolios by natively integrating ...

The Supreme Court today has granted regular bail to filmmaker Vikram Bhatt, his wife Shwetambari V Bhatt, in a case ...

The Fed wants to give fintechs limited access to its payment rails by end of 2026. What the accounts actually do, and four ...

Blandina Szalay assesses the prospects for alternative settlement mechanisms to the Mastercard, Visa duopoly in the UK and ...