Cr Chandigarh Branch Fraud an Isolated Incident: KPMG – Outlook Business
Published on: June 6, 2026, 10:49 a.m. | Source: Outlook Business
KPMG’s forensic review of IDFC First Bank’s ₹646-crore Chandigarh branch fraud confirms it was an isolated incident, limited to one branch and involving collusion by certain employees and officials, with all affected government and school accounts fully repaid and core banking records remaining accurate.
