India's Can Fin Homes' employees commit $5 million fraud

Can Fin Homes

25/07/2023 12:00

BENGALURU, July 25 (Reuters) - India's Can Fin Homes
 CNFH.NS  on Tuesday said employees at one of its branches
committed fraud by transferring funds to different personal bank
accounts.
    The estimated amount involved in the fraud is 385.3 million
rupees ($4.7 million).

($1 = 81.8748 Indian rupees)

 (Reporting by Kashish Tandon in Bengaluru; Editing by Sonia
Cheema)
 ((Kashish.Tandon@thomsonreuters.com;))