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Wednesday, February 25, 2026

Money recovered, accused arrested — What's happening in the IDFC First Bank Rs 590 crore scam case? Top developments

Haryana's State Vigilance and Anti-Corruption Bureau has arrested four individuals, including two former IDFC First Bank employees and two private partners, in connection with a Rs 590 crore fraud. The bank disclosed the fraud involving its employees and external parties in accounts linked to the Haryana government.

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How long will Jamie Dimon stay as JPMorgan CEO? Bank chief signals ‘few more years’ at the helm



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Tuesday, February 24, 2026

Top stocks to buy today: Stock market recommendations for February 24, 2026 - check list

Stock market recommendations: Somil Mehta, Head - Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan recommends GMR Airports, Kotak Mahindra Bank, and L&T Finance as the top stock picks you can consider for February 24, 2026. He provides detailed target and stop loss levels:

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IDFC shares slump 16% on Rs 590cr fraud

Bank appoints KPMG for forensic audit | CEO expects lender to remain profitable

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FM Sitharaman rules out roadmap for PSU bank mergers, panel to review sector reforms

Finance Minister Nirmala Sitharaman stated there is no roadmap for public sector bank mergers, indicating consolidation is not actively considered. A new banking reform panel will review the sector's future, examining all aspects to strengthen the ecosystem and align it with India's growth goals.

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