RBI Says No Systemic Risk After Rs 590-Crore IDFC First Bank Fraud
Last Updated:February 23, 2026, 15:19 IST RBI Governor Sanjay Malhotra confirmed no systemic risk from the Rs 590 crore fraud at IDFC First Bank’s Chandigarh branch linked to Haryana government accounts. RBI Monitoring Rs 590 Crore Fraud At IDFC First Bank, Assures No Wider Impact The Reserve Bank of India (RBI) is closely monitoring developments…