KPMG Forensic Audit Clears IDFC First Bank of Systemic Fraud in Chandigarh Case
Forensic Findings Confirm Isolated Incident A comprehensive forensic review conducted by KPMG has concluded that the ₹646 crore financial fraud involving IDFC First Bank’s Chandigarh branch was an isolated incident rather than a systemic failure. The audit confirmed that the financial loss, which the lender had previously disclosed to regulatory authorities, resulted from a coordinated…
