The bank’s application processes and the way documents are verified leave it vulnerable. The sector must lift its game to protect the integrity of the market.

IDFC FIRST Bank is in trouble after a Rs 590-crore scam was discovered at its Chandigarh branch in Haryana. Investigations ...

Add Yahoo as a preferred source to see more of our stories on Google. GEORGIA (WRBL) — The final defendant and ringleader of a bank fraud and aggravated identity theft scheme involving stolen checks ...

Across the country, people who pride themselves on being careful with money are discovering that the most dangerous thing in their inbox is a message that looks exactly like help from the bank. One ...

India's IDFC First Bank said it was investigating a suspected fraud of $65 million by some employees involving accounts of ...

The fraud involved routine manual cheque-debit transactions and continued for some time — possibly for several months —before the state government and the bank management became aware of it a few week ...