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VERIFIEDMint Companies·neutral
After ₹646 crore fraud, IDFC First Bank CEO prioritised accountability
AI Summary
- ·IDFC First Bank CEO V. Vaidyanathan travelled to Chandigarh after a ₹646 crore fraud was discovered.
- ·He assured bank officials of the institution's commitment to rectifying the situation.
- ·Measures were implemented to strengthen internal controls following the fraud.