Why IDFC Bank Shares Are Recovering After ₹590 Cr Fraud News
We saw a sharp drop in IDFC First Bank shares after the bank disclosed a suspected ₹590 crore fraud at its Chandigarh branch earlier this week. News of the fraud hit investor confidence hard, and the stock plunged nearly 20 % almost immediately. But markets have started to recover. What Happened? The ₹590 Cr Fraud Explained Immediate…