IDFC FIRST Bank schedules analyst meet at Morgan Stanley Virtual India Financials Seminar

1 min read     Updated on 13 Mar 2026, 08:14 PM
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Reviewed by
Radhika SScanX News Team
Overview

IDFC FIRST Bank has scheduled participation in the Morgan Stanley Virtual India Financials Seminar on March 18, 2026, for analyst and institutional investor interactions. The bank will use its Q3-FY26 investor presentation materials, previously shared with exchanges on January 31, 2026. The announcement was made through proper regulatory filing under SEBI Listing Regulations, with presentation materials available on the company's website.

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*this image is generated using AI for illustrative purposes only.

IDFC FIRST Bank has announced its participation in an analyst and institutional investor meeting at the Morgan Stanley Virtual India Financials Seminar. The bank informed stock exchanges about this scheduled interaction through a regulatory filing dated March 13, 2026.

Meeting Details

The virtual investor conference is scheduled to take place on March 18, 2026, as part of the Morgan Stanley Virtual India Financials Seminar. The bank has provided the meeting details in compliance with SEBI Listing Regulations requirements.

Parameter: Details
Date: March 18, 2026
Type: Investor Conference
Event: Morgan Stanley Virtual India Financials Seminar
Format: Virtual

Presentation Materials

IDFC FIRST Bank will utilize its Q3-FY26 investor presentation for the scheduled meeting. The presentation materials were previously shared with stock exchanges through communication dated January 31, 2026, under reference number IDFCFIRSTBANK/SD/273/2025-26.

The investor presentation is available on the bank's official website at www.idfcfirst.bank.in for stakeholder access and reference.

Regulatory Compliance

The announcement was made pursuant to Regulation 30(6) read with Para A of Part A of Schedule III and Regulation 46(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank has noted that the meeting schedule is subject to change due to potential exigencies from either investors or the company.

The regulatory filing was signed by Satish Gaikwad, General Counsel and Company Secretary of IDFC FIRST Bank Limited, ensuring proper corporate governance compliance in the disclosure process.

Historical Stock Returns for IDFC First Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+3.07%-1.15%-11.35%-11.94%+7.26%+1.21%

IDFC First Bank Clarifies No Additional Liability In CREST Chandigarh Investigation

1 min read     Updated on 13 Mar 2026, 02:01 PM
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Reviewed by
Naman SScanX News Team
Overview

IDFC First Bank issued an official clarification on March 13, 2026, regarding news articles about CREST Chandigarh investigation, confirming no additional financial liability beyond the previously settled ₹645 crores. The bank emphasized that recent news coverage pertains to CREST's own investigation process and that all relevant account reconciliation has been completed with no further discrepancies noted.

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*this image is generated using AI for illustrative purposes only.

IDFC First Bank has issued an official clarification regarding news articles about the Chandigarh Renewable Energy and Science and Technology Promotion Society (CREST) investigation, confirming that the bank faces no additional financial liability beyond previously settled amounts. The bank's statement comes amid ongoing regulatory scrutiny and law enforcement actions related to the Chandigarh branch incident.

Bank's Official Clarification

In a regulatory filing dated March 13, 2026, the bank addressed recent news coverage about CREST:

Clarification Details: Information
Filing Date: March 13, 2026
Reference Entity: CREST Chandigarh
Additional Liability: None
Settlement Status: Already completed
Account Reconciliation: Completed as of March 10, 2026

The bank emphasized that amounts mentioned in recent news articles are already part of the settlement made earlier and covered in previous disclosures dated February 21, February 22, February 24, and March 10, 2026.

Investigation Status and Ongoing Processes

The bank clarified that today's news articles appear to pertain to CREST's own investigation process rather than any new developments affecting the bank's financial position. Company Secretary Satish Gaikwad confirmed that the bank has completed reconciliation of all relevant accounts related to the Chandigarh Branch with no further discrepancies noted.

Process Update: Status
Account Reconciliation: Completed
Additional Discrepancies: None noted
Law Enforcement Actions: May continue
Recovery Process: Ongoing

Previous Financial Impact

The bank had earlier disclosed the complete financial impact of the Chandigarh branch incident:

Financial Impact: Amount (₹ Crores)
Initial Principal Estimate: 590.00
Actual Claims Received and Paid: 645.00
Incremental Payout: 55.00

The bank maintains that all claims were related to the same incident at the Chandigarh branch, with no other pending claims existing at the time of previous disclosures. The institution has warned that actions by various law enforcement agencies may continue to be reported in news articles as part of the ongoing legal and recovery process.

Historical Stock Returns for IDFC First Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+3.07%-1.15%-11.35%-11.94%+7.26%+1.21%

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