After ₹646 crore fraud, IDFC First Bank CEO prioritised accountability
· livemint.com
Chief executive V. Vaidyanathan flew to Chandigarh after the fraud surfaced, assured officials of the bank’s commitment to doing the right thing and moved to tighten controls.
The ₹646 crore fraud at IDFC First Bank’s Chandigarh branch prompted an unusually direct response from the lender’s top management, with managing director...