Reserve Bank of India Says No Systemic Risk in IDFC First Bank Fraud Case
By NSB.News Desk Sanjay Malhotra, Governor of the Reserve Bank of India, on February 23 addressed the ₹590-crore fraud disclosed by IDFC First Bank, stating that the central bank is closely monitoring the developments and that there is “no systemic issue” arising from the incident. “We are watching the development. There is no systemic issue…
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