Why did IDFC First Bank share price fall sharply last week?

The stock slid after the bank disclosed a ₹590 crore fraud at its Chandigarh branch tied to Haryana government accounts. Even though funds were swiftly recovered with interest, the headline risk caused risk-off trading. High volumes reflect short-term uncertainty and portfolio rebalancing by traders and funds.

Does the RBI see systemic risk from the IDFC First Bank fraud?

No. The RBI indicated the incident does not pose systemic risk to the banking sector. Combined with Haryana’s recovery of funds, this reduces tail risk and supports sector stability. Still, investors should watch for audit findings and operational fixes that strengthen internal controls and reconciliation processes.

What is the near-term outlook for the IDFC First Bank share price?

Indicators are oversold, which can support a technical bounce, but confirmation is needed. Stabilisation depends on clear control enhancements and clean upcoming results. Watch ₹68.50 as support and ₹72–₹75 as resistance. A move above the 200-DMA near ₹76 would improve momentum and sentiment.

Which technical levels should traders track now?

Key levels are ₹68.50 support, then ₹67 if selling resumes. Resistance sits at ₹72.24, the ₹74–₹75 area, and the middle Bollinger near ₹82.25. The 200-DMA around ₹76.12 is a pivot. With ATR at ₹3.22, expect wider daily ranges until volatility cools.

Global Market Insights

IDFCFIRSTB.NS Stock Today: February 25 – RBI: No Systemic Risk, Funds Recovered

ByHuzaifa Zahoor February 25, 2026

IDFC First Bank share price is in focus after the lender disclosed a ₹590 crore fraud at its Chandigarh branch linked to Haryana government accounts. Today, the stock traded near ₹70.97, up 1.33% intraday, as sentiment improved. The Haryana Chief Minister said the entire ₹556 crore plus about ₹22 crore interest was returned within 24 hours, and the RBI signalled no systemic risk. These updates reduce tail risk and could stabilise near-term price action while investors reassess fundamentals and controls.