Introduces Advanced Security Feature for Cheques IDFC First Bank has introduced two new controls for cheque clearances and high-value transactions, including email confirmations and centralised authorisation by a dedicated team to prevent collusion. Customers must authorise cheque transactions via the mobile app. The measures follow a ₹590 crore Haryana government funds fraud and have been implemented across all branches. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.