IDFC FIRST Bank Appoints KPMG to Conduct Independent Forensic Audit

Mumbai, February 22, 2026: IDFC FIRST Bank Limited has appointed KPMG to conduct an independent forensic audit, the bank informed stock exchanges on Saturday.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular dated January 30, 2026. The announcement follows the bank’s earlier communication dated February 21, 2026, in which it had stated that it was in the process of appointing an independent external agency to undertake a forensic review.

In its latest filing, IDFC FIRST Bank confirmed that KPMG has now been formally appointed to initiate the independent forensic audit in the matter.

The bank submitted the disclosure to the National Stock Exchange of India Limited, where it is listed under the symbol IDFCFIRSTB, and to BSE Limited, where it trades under scrip code 539437.

In compliance with Regulation 46(2) of the SEBI Listing Regulations, the bank also stated that the disclosure has been uploaded on its official website.

The communication was signed by Satish Gaikwad, General Counsel and Company Secretary of IDFC FIRST Bank.

While the bank has not detailed the scope of the forensic audit in the filing, the appointment signals a move toward ensuring transparency and regulatory compliance in line with SEBI norms.