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IDFC Bank Attributes Haryana Government Account Fraud to Staff Collusion
IDFC Bank's Managing Director Vaidyanathan stated that staff collusion was responsible for a fraud involving a Haryana Government account, and the bank will make provisions in line with its policies.
23 Feb, 08:51 — 23 Feb, 09:31
The Story
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Source Diversity
Low (19/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 1/5 buckets covered0/33
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Left2
Left (2)
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Geographic diversity— 1 region4/34
India2
ℹAll sources from India region
ℹOnly 2 sources cover this story
Sources
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hinduMostly Factual47d ago
Staff collusion led to Haryana Government account fraud: IDFC Bank
IDFC’s Managing Director Vaidyanathan said the bank will take some provisions as a result of the fraud and in line with its policies to recognise any stress upfront
Read full article →ndtvMostly Factual47d ago
IDFC First Bank's Stock Fall 20% After Rs 590-Crore Fraud
Shares of IDFC First Bank tumbled 20 per cent on Monday after the private sector lender disclosed a Rs 590-crore fraud committed by its employees and others in accounts held by the Haryana government.
Read full article →Coverage Timeline
First report: hindu · 23 Feb, 08:51|Full coverage: 2 · 40m|Window: 40m
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